Market Information Monday 3 May 2021

According to preliminary figures from Eurostat on Friday, consumer prices rose year-on-year by 1.6% in April. In March prices increased by 1.3% and in February by 0.9%. On a monthly basis, prices rose by 0.6% in April this year. Core inflation, an important indicator for the ECB, was 0.8% on an annual basis in April.

According to Eurostat, the unemployment rate was stable at 8.1% in March from a revised 8.2% in February. Economists had predicted an increase to 8.3%. In March 2020, the unemployment rate in the eurozone was 7.1%.

US consumer confidence in the economy rose even faster in April. On Friday, the University of Michigan indicated that the consumer confidence index rose to 88.3 in April from 84.9 in March. The preliminary figure assumed an index level of 86.5. Those surveyed were also more positive about the current state of the economy. This sub-index rose from 93.0 to 97.2.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.14% 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.