Market Information Friday 7 August 2021

The British central bank announced that it would not change its policy rate of 0.1% or its purchase programme. At the policy meeting, all eight policymakers voted for an unchanged interest rate. Seven of the eight voted for an unchanged GBP 875 billion purchase programme. The opposing voter wanted the programme to be reduced to GBP 830 billion.

The number of first-time claims for unemployment benefits in the United States decreased as expected in the week ending 31 July. The figures from the U.S. Department of Labor show that the number of new applications for unemployment benefits decreased by 14,000, from 399,000 to 385,000. Economists had also expected this number on average.

The US trade deficit increased further in June. Figures from the US Department of Commerce show that the deficit increased from a revised USD 71 billion in May to USD 75.7 billion in June, an increase of 6.7%.

The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap is unchanged at -0.11% 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.