Market Information Friday 18 December 2020

Figures from the US Department of Labor show that 885,000 Americans filed for social assistance benefits in the week ending December 17, 2020. This is an increase compared to the week before, when 862,000 applications were submitted. Economists had expected 808,000 new unemployed in advance.

Final figures published by statistics agency Eurostat on Thursday show that consumer prices in the eurozone decreased by 0.3 percent in November 2020 compared to November 2019. On a monthly basis, prices decreased with 0.3 percent in November 2020. Core inflation, usually an important indicator for the ECB, was 0.2 percent in November 2020 compared to November 2019. The figures are in line with the previous estimate.

Producer prices in Germany decreased by 0.5 percent in November 2020 compared to November 2019. On a monthly basis, prices increased by 0.2 percent in November 2020 compared to October 2020. This follows from figures published by Destatis, the German statistical office, on Friday. In October 2020, producer prices decreased by 0.7 percent on an annual basis.

The 6M Euribor decreased with 1 basis point to -0.53% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.27% 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.