Wholesale inventories in the United States rose in August. This was announced by the US Department of Commerce on Friday. On a monthly basis, inventories rose by 1.2% in line with expectations. A month earlier, inventories rose 0.6%. On an annual basis, inventories increased by 12.3% in August. Wholesale sales, on the other hand, fell by 1.1% on a monthly basis in August.
German exports fell in August. This was reported by the German statistical office Destatis on Friday. Exports fell by 1.2% on a monthly basis. Imports, on the other hand, increased by 3.5%. These figures have been adjusted for seasonal influences. On an annual basis, exports increased in August by 14.4%. Imports increased by 18.1% year-on-year. The German trade balance stood at a surplus of 13.0 billion euros in August, adjusted for seasonal influences.
Activity in China’s services sector rose sharply in September according to figures from Markit published on Friday. The index, which measures the activity of the country’s services sector, stood at 54.3 in September from 46.7 in August. At the end of September, it was announced that the purchasing managers’ index for the industry rose from 49.2 in August to 50.0 in September.
The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap increased with 4 basis points to 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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