Market Information Monday 5 July 2021

The US trade deficit widened in May, according to figures published by the US Department of Commerce. The deficit increased from a revised $69.1 billion in April to $71.2 billion in May, up 3.1%. Exports rose 0.6% to $206.0 billion in May, while imports rose 1.3% to $277.3 billion.

Employment in the United States rose faster than expected in June, according to the official US jobs report on Friday. Last month 850,000 of jobs were added versus 706,000 jobs expected on average. Unemployment stood at 5.9% in June. In May, unemployment was still 5.8%. Economists expected a drop to 5.6% for June.

Eurozone producer prices rose further in May, according to Eurostat, the European statistical office. Prices rose by 1.3% on a monthly basis in May. In April priced increased 0.9%.The 6M Euribor increased with 1 basis point to -0.51% compared to previous business day.

The 10Y Swap decreased with 4 basis points to 0.07% 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.