Consumer credit in the United States rose further in June. This was announced by the Federal Reserve on Friday evening. Consumer credit rose $37.6 billion in June, up from an increase of $36.7 billion in May. An increase of $35.3 billion was previously expected for June.
German industrial production declined again in June compared to the previous month. This was revealed on Friday from figures from Destatis, the German statistical office. Production, adjusted for seasonal influences and working days, was 1.3% lower in June than in May. Production in May was 0.8% lower than in April.
The price for a barrel of crude oil closed lower Friday. On a weekly basis, WTI lost 7.7%, the strongest decline since the end of October, mostly because of the spread of the deltavariant and expected declining demand for oil.
The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap increased 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.
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