Market Information Friday February 26th 2016

Yesterday, the US Commerce Department published figures showing that orders for non-defense capital equipment increased by 3.9% in January, the biggest gain in 10 months. In December 2015, orders for capital equipment spending fell by 3.7% compared to November 2015.

The Venezuelan Oil minister has stated in an interview that Venezuela will enter talks with Russia, Saudi-Arabia and Qatar to stabilize the oil market. The four nations agreed to meet half March. As a response to this news, the April future for a barrel of Brent oil on the New York Mercantile Exchange rose with 2.9% to USD 33.07. However, there are still concerns about the overproduction of oil. On Wednesday the United States declared that stocks in their country rose with 3.5 million barrels last week.

The Shanghai Composite Index fell by 6.4% to 2,741.25 points on Thursday, the biggest loss in a month. According to Reuters, yesterday’s losses are mainly the result of investors selling stocks to book profits after the recent 10% rebound of stock prices since January. On Thursday, the AEX index increased by 1.9% to 415.38 points after two days of losses. Oil related and financial stocks did especially well. Also other European indexes closed higher. The FTSE100 and the DAX index increased by 2.48% and 1.79%, respectively.

The 6M Euribor remained unchanged at -0.13%. The 10Y Swap decreased by 1 basis point to 0.54%.

In the attachment, 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: