Market Information Friday 24 July 2020

Figures published by research firm GfK show that the German consumer confidence index for August 2020 increased to 0.3 negative, compared to a revised 9.4 negative for July 2020. The confidence index is measured one month ahead. Economists expected an index of 4.8 negative for August 2020 in advance.

Eurozone consumer confidence decreased to 15.0 negative in July 2020, from 14.7 negative in June 2020. This follows from preliminary figures released by the European Commission on Thursday. Last month, the confidence index increased from negative 18.8 in May 2020 to negative 14.7 in June 2020.

New figures published by the US Department of Labor on Thursday show that 1.42 million Americans filed for social assistance benefits during the week ending July 18, 2020. That is a small decrease compared to a week earlier, when the number of unemployed increased by 1.31 million.

The 6M Euribor decreased with 1 basis point to -0.36% compared to previous business day. The 10Y Swap increased with 1 basis point to -0.21% 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.