The planned increase in British taxes is reportedly being postponed. According to the British newspaper The Times, the increases are not expected before next summer, as British Chancellor of the Exchequer Rishi Sunak fears the economic consequences of the corona pandemic.
Employment in the United States unexpectedly declined in December. According to the US Department of Labor, this is the first job decline since last spring’s major corona blow. In total, excluding agriculture, 140,000 jobs were lost, while economists expected about 50,000 extra jobs. In addition, business newspaper The Wall Street Journal reported that last year job losses in the United States were at their highest levels since 1939.
President-elect Joe Biden wants to allocate trillions of dollars for additional support to help guide the US economy through the corona crisis. According to Biden, the disappointing US job market shows the need for further aid measures for households in the United States. Biden believes that more immediate household support is needed soon, including a $ 2,000 support check.
The 6M Euribor increased with 1 basis point to -0.52% compared to previous business day. The 10Y Swap is unchanged at -0.23% 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.
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