Market Information Thursday 29 December 2022

Oil prices fell slightly last Thursday. The explanation is the rising number of COVID-19 cases in China. This diminished hopes of a recovery in fuel demand from the world’s largest importer of crude oil. Brent futures for February fell 0.3%, to USD 83.00 per barrel and U.S. crude oil also fell 0.3%, to USD $78.70 per barrel.

Vietnam’s economy grew 8.02% in 2022, the highest growth rate since 1997. Despite slowing global growth, Vietnam’s economy managed to grow hard due to strong domestic retail sales and exports. The growth rate is higher than the official growth target of 6.0% – 6.5% and significantly higher than last year’s growth rate of 2.58%.

The Russian ruble fell to its lowest point in eight months against the dollar on Thursday. The ruble fell 0.6% to an exchange rate of 1 USD for 72.60 RUB, coming in below the exchange rate of 72.68, the lowest point measured since April 28 this year.

The 6M Euribor is unchanged at 2.70% compared to previous business day. The 10Y Swap decreased with 3 basis points to 3.14% 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.