Market Information Monday 5 October 2020

The Brexit negotiators must work “intensively to bridge the gap” in order to reach an agreement on the future (trade) relationship between the EU and the United Kingdom. In a statement following a video consultation between the British Prime Minister Boris Johnson and President Ursula von der Leyen of the European Commission both underlined “the importance of finding an agreement, if possible, as a strong foundation for a strategic relationship”.

Credit agency Standard & Poor’s (S&P) has confirmed its rating of Germany at AAA, the highest level. The outlook for the biggest economy of the European Union is stable. France’s rating remains at AA, also with a stable outlook.

The employment level in the United States grew at a lower rate in September than in August. The US Department of Labor announced that last month, 661,000 jobs were added in the US excluding the agricultural sector. Unemployment in the US was 7.9 percent last month compared to 8.4 percent a month earlier.

The 6M Euribor is unchanged at -0.48% compared to previous business day. The 10Y Swap decreased with 1 basis point to -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.