Market Information Thursday 10 March 2022

The Member States of the European Union have agreed on more targeted sanctions in connection with Russia’s invasion of Ukraine and Belarus’ role in it. This was revealed in a statement by the European Commission on Wednesday. People with Belarusian nationality or residents of the country will not be allowed to transfer more than 100,000 euros to the EU, nor will they be allowed to sell or provide euro-denominated securities or banknotes to Belarusian customers. Russia is subject to new restrictions on the export of technology in the field of maritime navigation and radio communication. The restriction on loans and credit explicitly includes crypto currencies, the new sanctions make clear.

The number of job openings in the United States fell slightly in January. This was shown Wednesday by figures from the U.S. Department of Labor. In January, the number of vacancies was 11.3 million. In December there were 11.4 million. In January 2021 there were only 7.2 million vacancies.

The stocks of crude oil in the United States fell last week. This was reported on Wednesday by the energy agency EIA. In the week ending March 4, crude oil inventories decreased by 1.9 million barrels to 411.6 million. Gasoline stocks decreased by 1.4 million barrels to 244.6 million barrels. Fuel oil and diesel stocks decreased by 5.2 million barrels to 113.9 million. Refinery capacity utilisation was 89.3%, down from 87.7% a week earlier.

The 6M Euribor increased with 1 basis point to -0.44% compared to previous business day. The 10Y Swap increased with 6 basis points to 0.90% 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.