Market Information Monday 10 May 2021

The German statistics agency Destatis reported that German exports increased in March. Exports increased by 1.2% on a monthly basis. Imports even increased by 6.5%. The figures have been adjusted for seasonal influences. The German trade balance amounted to a surplus of 14.3 billion euros in March, adjusted for seasonal effects.

French industrial production rose in March, but less than expected, according to figures from the French statistics agency Insee. Production rose by 0.8% on a monthly basis in March. The expectation of economists for March was a plus of 2.0%. Compared to February 2020, just before the outbreak of the corona crisis, production was 6.8% lower last March.

Against the US dollar, the euro moved close to $ 1.21 again on Friday, after encouraging macroeconomic data emerged from the eurozone. The dollar lost against the major currencies, with the exception of the yen.

The 6M Euribor increased with 1 basis point to -0.51% compared to previous business day. The 10Y Swap increased with 1 basis point to 0.12% 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.