Market Information Thursday 6 January 2022

Private sector employment in the United States increased more than previously expected in December. This was reported by the payroll processor ADP based on new figures. The number of jobs increased in December by 807,000. An increase of 375,000 jobs was expected. In November, the number of jobs increased by 505,000.

Inventories of crude oil in the United States decreased last week, while gasoline stocks increased, according to the American energy agency EIA. In the week ending 31 December, crude oil stocks fell by 2.1 million barrels to 417.9 million. Gasoline stocks increased by 10.1 million barrels to 232.8 million barrels. Fuel oil and diesel stocks increased by 4.4 million barrels to 126.8 million. Refinery capacity utilisation was virtually unchanged at 89.8%.

The purchasing managers’ index of the service sector of the eurozone for December was lower than a month earlier. This was reported by Markit on Wednesday based on new figures. The index that measures the activity of the service sector in the eurozone was 53.1 in December versus 55.9 in November. The preliminary figure was 53.3. On Monday, the growth in the industrial sector of the eurozone in December was reported at 58.0 compared to 58.4 in November. The composite index fell from 55.4 in November to 53.3 in December. The provisional index stood at 53.4.

The 6M Euribor is unchanged at -0.54% compared to previous business day. The 10Y Swap is unchanged at 0.33% 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.