Market Information Monday 4 May 2020

The Federal Reserve continues to reduce the daily amount of government bonds purchases. The US central bank will buy $ 8 billion of debt securities today, instead of $ 10 billion. Last week, the daily amount was already reduced from $ 15 billion to $ 10 billion. The Fed has purchased more than $ 1,400 billion in government bonds in seven weeks.

Industrial activity in the United States and Japan fell sharply in April due to the consequences of the corona crisis, according to research agencies ISM and Markit. The index for the production in American factories fell by more than 20 points compared to March, to a level of 27.5. In Japan, the purchasing managers index fell to a level of 41.9.

The Netherlands imported € 8.7 billion worth of medical goods in the first quarter of 2020, 8% more than in the first quarter of 2019. In the same period, total imports of goods decreased by 3%. The Netherlands was the fifth largest importer of medical goods in the world in 2019, reports the Dutch Central Bureau of Statistics.

The 6M Euribor decreased with 1 basis point to -0.17% compared to previous business day. The 10Y Swap decreased with 7 basis points to -0.16% 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.