Market Information Friday 15 May 2020

New figures from the US Department of Labor show that import prices in the United States decreased by 2.6 percent in April 2020 compared to March 2020. Economists had anticipated a 3.0 percent decline. The decrease is mainly due to lower import prices for fuel. Export prices in the United States decreased by 3.3 percent in April 2020 compared to March 2020.

Statistics Netherlands reports that business confidence in the Netherlands decreased to -37.2 in the second quarter of 2020, from 6.4 in the first quarter of 2020. This is the strongest decline in business confidence since the start of the current series of measurements. In addition, the index for business confidence has never been this low.

Industrial production in China increased by 3.9 percent in April 2020 compared to April 2019. In March 2020, production decreased by 1.1 percent from March 2019. Economists had expected an increase of 1.0 percent for April 2020. On a monthly basis, production increased by 2.3 percent in April 2020 compared to March 2020.

The 6M Euribor increased with 1 basis point to -0.14% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.16% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.