Market Information Monday 10 August 2020

The US Department of Labor announced on Friday that employment in the United States has shown another recovery in the past month. Unemployment fell to a level of 10.2 percent from 11.1 percent in June 2020. Excluding the agricultural sector, 1.8 million jobs were added, implicating that the recovery pace has slowed considerably compared to a month earlier when 4.8 million jobs were added.

German industrial production increased by 8.9 percent in June. In May production increased with 7.4 percent. Compared to a year earlier, production is still at a considerably lower level with a decrease of 11.7 percent.

The National Bureau of Statistics in China has announced that producer prices decreased again in July. According to the statistics office, prices fell by 2.4 percent on an annual basis last month. The decrease is mainly due to lower prices in the oil and energy sector. In June, producer prices fell by 3 percent.

The 6M Euribor is unchanged at -0.42% compared to previous business day. The 10Y Swap increased with 2 basis points to -0.22% 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.