Market Information Thursday 27 January 2022

The Federal Reserve left its key interest rate unchanged as expected, but expressed its intention to raise it by mid-March. The federal funds rate remained unchanged Wednesday as expected at 0.00 to 0.25%. The discount rate was maintained at 0.25%.

Crude oil stocks in the United States increased last week. This was reported by the American energy agency EIA. In the week ending 21 January, crude oil stocks rose by 2.4 million barrels to 416.2 million. Gasoline stocks rose by 1.3 million barrels to 247.9 million barrels. Fuel oil and diesel stocks, on the other hand, decreased by 2.8 million barrels to 125.2 million. The capacity utilisation rate of refineries decreased to 87.7%. A week earlier it was 88.1%.

More new single-family homes were sold in the United States in December than a month earlier, while the average sales price fell. This is reported by the American Department of Commerce. The number of new single-family homes sold increased by 11.9% to 811,000. The figure for November was revised downwards from 744,000 to 725,000. The average house price fell to USD 457,300. One month earlier, this was still USD 481,700.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.39% 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.