Market Information Friday 26 June 2020

The economy in the United States grew by 5.0 percent in the first quarter of 2020, compared to the fourth quarter of 2019. This follows from the third estimate published by the US Department of Commerce on Thursday. The contraction of the economy is in line with the second estimate. In the fourth quarter of 2019, the US economy grew by 2.1 percent compared to the third quarter of 2019.

New figures published by the US Department of Labor on Thursday show that 1.48 million Americans filed for social assistance benefits during the week ending June 20, 2020. That is a small decrease compared to a week earlier, when the number of unemployed increased by 1.54 million. Economists had expected 1.35 million new unemployed.

New figures from Statistics France show that the consumer confidence index in France increased to 97 in June 2020, from 93 in May 2020. In April 2020, the consumer confidence index stood at 95. The increase comes as a surprise, as economists expected a consumer confidence index of 92 for June 2020.

The 6M Euribor decreased with 1 basis point to -0.28% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.17% 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.