The Italian government is anticipating a higher budget deficit and national debt than previously expected. According to new figures, the national debt will amount to 158.5 percent of the gross domestic product (GDP) this year, against 155.6 percent last year. The budget deficit is anticipated to be 8.8 percent of GDP this year.
The national statistics office in Beijing reports that the Chinese economy grew by 2.3 percent last year. China is the only large country to report growth in the corona year 2020. China’s gross domestic product increased by 6.5 percent in the fourth quarter of 2020 compared to the same period a year earlier. In the third quarter, the economy grew by 4.9 percent.
The strong rise of bitcoin seems to have come to an end for the time being. According to data from Coinmarketcap, yesterday the digital currency was worth as much as it was in the first week of January. A week and a half ago, the crypto coin reached an absolute record level of more than $ 41,000, thereafter the bitcoin fell sharply, to around $ 31,000.
The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap is unchanged at -0.24% 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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