Market Information Monday 6 September 2021

The U.S. services purchasing managers index fell in August after hitting a record high in July. This was revealed on Friday from figures from the Institute for Supply Management. The index fell from 64.1 in July to 61.7 in August. An index above 50 indicates growth, while an index below 50 indicates contraction.

Eurozone retail sales fell in July. Eurostat, the statistical office of the European Union, reported this on Friday. On a monthly basis, there was a decrease of 2.3%. In June, sales rose by 1.8%. On an annual basis, retail sales in the eurozone rose by 3.1% in July.

The British services sector grew at a slower pace in August in comparison to the previous month,  according to figures from Markit. The index, which measures the activity of the country’s services sector, stood at 55.0 in August versus 59.6 in July. Earlier this week, the UK manufacturing purchasing managers’ index declined from 60.4 to 60.3 in August. As a result, the composite index fell from 59.2 in July to 54.8 in August.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap increased with 2 basis points to 0.00% 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.