Market Information Thursday 13 January 2022

Crude oil stocks in the United States fell last week, while gasoline stocks rose. This was reported by the American energy agency EIA on Wednesday. In the week ending 7 January, crude oil stocks decreased by 4.6 million barrels to 413.3 million. Gasoline stocks increased by 8.0 million barrels to 240.7 million barrels. Fuel oil and diesel stocks increased by 2.5 million barrels to 129.4 million. The refineries’ capacity utilisation rate decreased to 88.4%. This was 89.8% a week earlier.

Consumer  prices in the United States increased further in December, as expected earlier. This was reported by the American Department of Labor on Wednesday based on new figures. The prices rose last month by 0.5% on a monthly basis. Economists had expected an increase of 0.4% for December. On an annual basis, consumer prices in the US increased by 7.0% last month. In November, inflation was 6.8%. Energy prices fell by 0.4% compared to November. In contrast, food prices increased by 0.5%.

Industrial  production in the eurozone increased more than expected in November. This was shown Wednesday by figures from European statistics office Eurostat. The production increased on a monthly basis by 2.3%, after a decrease of 1.3% in October. Previously an increase of 0.4% was predicted. On an annual basis, the eurozone industry produced 1.5% less in November. An increase of 1.4% was expected.

The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap decreased with 4 basis points to 0.36% 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.