Oil prices settled lower on Thursday after trading in a narrow range as the market weighed mixed U.S. economic signals and prospects for a Chinese demand recovery with a build in U.S. crude stockpiles. Brent crude futures settled at $85.14 a barrel, losing 24 cents. U.S. West Texas Intermediate crude (WTI) settled at $78.49 a barrel, losing 10 cents.
Brazil’s economic activity increased by 2.9% in 2022, according to a central bank index released on Thursday, boosted by the services sector and defying earlier predictions of mild growth. Economists surveyed weekly by the central bank now project 3% growth for 2023 versus previous expectations of 0.3%.
China’s new home prices rose in January for the first time in a year, official data showed on Thursday, as the end of the zero-COVID regime, favorable property policies and market expectations for more stimulus measures boosted demand. New home prices in January were up 0.1% month-on-month, versus a 0.2% slide in December, based on National Bureau of Statistics (NBS) data released on Thursday.
The 6M Euribor increased with 3 basis points to 3.17% compared to previous business day. The 10Y Swap decreased with 1 basis point to 3.01% 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.
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