Market Information Monday 14 November 2022

Democrats have retained their majority in the US Senate. Republicans do have a majority in the House of Representatives. In both cases the differences are very small. In the Senate, the Democrats will receive at least 50 seats and the Republicans 49. One seat has yet to be determined in a so-called “run off” vote in the state of Georgia. But even if it goes to the Republicans and the split becomes 50 to 50, the Democrats with Vice President Kamala Harris as the deciding vote in an equal outcome, still have the majority.

The euro traded well above $1.02 on Friday after the release of, better than expected, inflation figures in the United States on Thursday afternoon.

The ailing crypto exchange FTX has filed for bankruptcy via a so-called ‘Chapter 11’ in the United States and CEO Sam Bankman-Fried is stepping down. This was announced Friday afternoon. FTX filed for bankruptcy in Delaware court.

The 6M Euribor decreased with 1 basis point to 2.32% compared to previous business day. The 10Y Swap increased with 8 basis points to 2.89% 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.