Market Information Thursday 16 December 2021

Inventories of crude oil in the United States fell last week. This was reported by the American energy agency EIA on Wednesday. In the week ending 10 December, crude oil stocks fell by more than 4.6 million barrels to 428.3 million. Gasoline stocks decreased by 0.7 million barrels to 218.6 million barrels. Fuel oil and diesel stocks decreased by 2.9 million barrels to 123.8 million. Refinery capacity utilisation remained unchanged at 89.8%.

US retail sales increased in November, according to new figures released by the US government on Wednesday. The sales increased by 0.3% on a monthly basis, where previously an increase of 0.8% was expected by economists. On an annual basis, retail sales increased by 18.2%. In October, retail sales rose 1.8% month-on-month, according to a revised figure. Initially, a 1.7% increase was reported.

Consumer prices in the United Kingdom increased more strongly in November. This was reported by figures by the British statistical office ONS. The prices rose by 5.1% on an annual basis. One month earlier this was 4.2%. On a monthly basis prices increased by 0.7%. In October this was 1%. The Bank of England still aims for an inflation level of 2.0%.

The 6M Euribor is unchanged at -0.55% compared to previous business day. The 10Y Swap increased with 2 basis points to 0.12% 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.