Market Information Thursday 19 January 2023

Confidence among U.S. home builders improved unexpectedly in January. This was revealed by data from the National Association of Home Builders. The NAHB housing index rose, after 12 consecutive months of declines, to a reading of 35 in January. In December, the index was listed at 31. Economists consulted in advance were expecting a drop to 30.

Consumer prices in the euro zone rose less sharply again in December. This was revealed by final figures from Eurostat. Last month, prices rose 9.2 percent year-on-year, in line with a preliminary estimate. In November, the increase was still 10.1 percent. In October, inflation registered at 10.6 percent.

The yen fell 2.5 percent against the U.S. dollar on Wednesday after Japan’s central bank decided to keep interest rates unchanged. That is the biggest drop in a day since March 2020. The dollar is now worth 131.4 yen.

The 6M Euribor increased with 4 basis points to 2.88% compared to previous business day. The 10Y Swap decreased with 5 basis points to 2.60% 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.