Saudi energy minister Abdulaziz bin Salman announced that the oil production in Saudi-Arabia has completely recovered of the production loss of 5.7 million barrels per day, since the drone attacks on two large facilities of a Saudi national oil company in September. The 5.7 million barrels per day is approximately 5% of all the oil production in the world. The oil price has decreased again with the recovery of the Saudi oil production.
European statistics bureau Eurostat stated that the producer prices in the Eurozone have decreased in August with 0.5% in comparison to July. Economists expected a decrease of 0.3%. In July prices increased with 0.1%.
According to research institute ISM, economic activity in the US non-manufacturing sector showed the lowest growth level in 3 years in September. The Non-Manufacturing Index was 52.6 in comparison to 56.4 in August. Economists expected a value of 55.3.
The 6M Euribor increased with 1 basis point to -0.38% compared to previous business day. The 10Y Swap decreased with 3 basis points 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.
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