The economy of the United States increased by 3.7% in the second quarter compared to the first quarter this year. In the first quarter the economy grew by 2.3%. The economic growth is higher than expected. The main driver is increased consumption by households.
Lending by banks to households and businesses increased in the eurozone. Adjusted for securitization, banks have disbursed 1.9% more loans to households in July compared to the same month a year earlier.
The price of oil increased again after a period of declines. Brent oil increased by 6% to USD 45 per barrel and West Texas Intermediate (WTI) increased by 7% to USD 41 per barrel. The reason for the increased oil prices, is the global recovery on the stock markets.
The 6M Euribor remained unchanged at 0.04%. The 10Y Swap remained unchanged at 1.05%.
In the attachment below, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: firstname.lastname@example.org.
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