Market Information Monday 16 January 2023

Last week inflation declined in the US, should the decline continue, lower inflation in the United States could translate into a weaker dollar for some time to come. The Fed’s first policy decision will take place on February 1, which will provide more clarity.

Oil prices rose further on Friday. At a closing price of $79.86, a barrel of West Texas Intermediate rose almost 2 percent. On a weekly basis, the oil price rose more than 8 percent.

Both exports and imports in the eurozone increased on an annual basis in November. This was revealed on Friday by figures from Eurostat, the European statistical office. In November, exports rose by 17.2 percent on an annual basis to 265 billion euros, while imports increased by 20.2 percent to 276 billion euros.

The 6M Euribor decreased with 4 basis points to 2.82% compared to previous business day. The 10Y Swap increased with 1 basis point to 2.72% 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.