The British economy grew strongly in April this year, according to a new estimate from the Office for National Statistics on Friday. The British economy grew by 2.3% compared to March. However, industrial production in the United Kingdom fell in April. British manufacturing declined 1.3% on a monthly basis. Economists had expected a monthly increase of 1.0%.
US consumer confidence in the economy increased again in June. This was revealed on Friday from preliminary figures from the University of Michigan. The consumer confidence index rose from 82.9 at the end of May to 86.4 in mid-June.
The oil price continued to rise on Friday. A barrel of West Texas Intermediate closed at $70.91, an increase of 0.9%. On a weekly basis, WTI oil price rose about 1.9%. According to the International Energy Agency’s monthly report on Friday, crude oil demand will return to pre-corona levels by the end of next year.
The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.06% 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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