Market Information Friday 31 December 2021

Between December 19 and 25, 198,000 initial jobless claims were filed in the United States. The number of new applications decreased compared to a week earlier with 9,000 applications. The four-week moving average did fall by 7,250 to 199,250 applications, reaching the lowest point since the outbreak of the corona pandemic. The number of extended aid applications in the week ending 18 December reached 1.716 million, a decrease of 140,000 applications.

The growth of the Chinese industry rose more than expected in December compared to November. This was shown on Friday by the new figures from the Chinese government. The purchasing managers index of Chinese industry came in December to 50.3 against 50.1 in November. Economists had expected a decline to 50.0. The index for the service sector rose in December on a monthly basis from 52.3 to 52.7. An index position greater than 50 indicates growth, while less than 50 indicates contraction.

Output prices of the Dutch manufacturing industry rose in November. This was reported on Thursday by the Dutch Statistical Office CBS. The prices rose on average by 20.9% on an annual basis. In November, industrial products were also 20.5% more expensive than one year earlier. The development of sales prices in the manufacturing industry is closely related to the development of crude oil prices. In November, a barrel of North Sea Brent crude oil cost almost €71 on average. This was more than 90% more than a year earlier. In October, a barrel of North Sea Brent crude oil cost around 72 euro, more than double the price of a year earlier.

The 6M Euribor increased with 1 basis point to -0.54% compared to previous business day. The 10Y Swap is unchanged at 0.30% 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.