Market Information Friday 25 September 2020

The composite index for the business climate for industry and trade in Germany increased to 93.4 in September 2020, from 92.6 in August 2020, according to figures published by the German research institute Ifo on Thursday. Economists had anticipated an index of 93.5. The sub-index for current conditions increased from 89.0 in August 2020 to 89.2 in September 2020, while the sub-index reflecting the expectations decreased from 98.0 to 97.7 in the same period.

Figures published by the US Department of Labor show that 870,000 Americans filed for social assistance benefits in the week ending September 19, 2020. This is a slight increase compared to the week before, when 866,000 applications were submitted. Economists had expected 850,000 new unemployed in advance.

In addition, the U.S. Department of Commerce reported that the number of single-family homes sold in the United States increased by 4.8 percent in August 2020 from July 2020, to 1.01 million homes. Compared to August 2019, new home sales increased by 43.2 percent in August 2020.

The 6M Euribor is unchanged at -0.47% compared to previous business day. The 10Y Swap is unchanged at -0.22% 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.