Market Information Friday 16 August 2019

The Federal Reserve announced that industrial production in the US decreased by 0.2% in July compared to one month earlier while economists expected an increase of 0.1%. In June, production rose by 0.2% compared to the previous month, according to the revised estimate. The capacity utilisation rate was 77.5% in June.

The US Department of Labor announced that labor productivity in the United States, excluding the agricultural sector, increased by 2.3% in the first quarter of 2019. Economists expected an increase of 1.4%. In the first quarter of this year, labor productivity rose by 2.4%.

The American department of labour states that the amount of initial jobless claims has increased to 220,000. This is an increase of 9,000 claims with respect to last week, in which the amount was 211,000. Economists expected an increase of 1,000 requests.

The 6M Euribor decreased with 1 basis point to -0.41% compared to previous business day. The 10Y Swap decreased with 11 basis points to -0.33% 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.