Market Information Thursday 9 December 2021

The Japanese economy contracted more in the third quarter than previously reported by the Japanese government. Gross domestic product (GDP) declined by 0.9% on a quarterly basis in the third quarter. On an annual basis, there is now a contraction of 3.6%. Earlier, a contraction of 0.8% was reported on a quarterly basis and a contraction of 3% on an annual basis. Japan’s economy was still growing in the second quarter.

The stocks of crude oil in the United States decreased last week. This was reported by the American energy agency EIA on Wednesday. In the week ending 3 December, crude oil stocks fell by over 240,000 barrels to 432.9 million. Gasoline stocks increased by 3.9 million barrels to 219.3 million barrels. Fuel oil and diesel stocks also increased, by 2.7 million barrels to 126.6 million. Refinery capacity utilisation rose from 88.8% to 89.8%.

The number of job openings in the United States continued to rise in October. This was reported by the US Department of Labor, based on new figures. In October, the number of vacancies was 11.0 million. In September this was still 10.6 million. A year earlier, in October 2020, there were only 6.8 million vacancies.

The 6M Euribor is unchanged at -0.54% compared to previous business day. The 10Y Swap increased with 4 basis points to 0.15% 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.