Market Information Friday 24 April 2020

Preliminary figures from IHS Markit show that the Purchasing Managers Index (PMI) for the Eurozone decreased to 13.5 in April 2020, from 29.7 in March 2020. This is the lowest level since Markit started with the current series of PMI data. In the same period, the index for the industrial sector decreased from 44.5 to 33.6, while the index for the services sector decreased from 26.4 to 11.7.

Figures published by the US Department of Labor on Thursday show that 4.4 million Americans have claimed social assistance benefits in the past week. That is a decrease compared to last week, when the number of unemployed increased by 5.2 million. Economists expected 4.5 million new unemployed. In the past five weeks, a total of 26.5 million Americans have claimed social assistance benefits, the fastest increase in the number of unemployed since the 1930s.

New figures from statistics Japan show that consumer prices remained unchanged in March 2020 compared to February 2020. In February 2020, consumer prices declined slightly from a month earlier. Compared to March 2019, consumer prices rose by 0.6 percent in March 2020. These figures do not include the prices of fresh food and energy. The Bank of Japan still aims for an annual inflation rate of approximately 2.0 percent.

The 6M Euribor increased with 6 basis points to -0.12% compared to previous business day. The 10Y Swap decreased with 3 basis points to -0.02% 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.