Market researcher Markit reports that delivery times for British companies increased unprecedentedly in January because of the Brexit and corona measures. Except for April 2020, when many factories were closed, Markit says this is the largest delay in deliveries since the measurements started 30 years ago. Despite the trade deal between the United Kingdom and the European Union, carriers at the border have to deal with a lot more paperwork due to Brexit. In addition, anyone traveling from Great Britain to France must show a negative corona test.
China last year ousted the United States as the world’s number one attracting the most foreign investment. Foreign direct investment inflows into China reached $ 163 billion last year. US investment capital inflows were $ 134 billion last year. The United Nations Conference on Trade and Development (UNCTAD) notes this in a report released on Sunday.
Germany has significantly lowered its forecast for economic growth this year. The largest economy in Europe expects 3 percent growth, while the previous estimate in October was an increase of 4.4 percent for 2021.
The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.20% 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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