On Wednesday the Greek Prime Minister Alexis Tsipras said that his today country will present “credible” reforms that will create a durable agreement. In the meantime, all Greek banks remain closed and the maximum withdrawal of EUR 60 per person per day from ATMs stays in effect.
The Chinese government plans to invest CNY 250 billion (EUR 35 billion) in economic sectors in difficulties and increase spending in infrastructure. The goal is to stimulate economic growth, which has weakened for over a year.
Yesterday the Shanghai stock exchange closed 6% higher yesterday. The increase means a provisional end to the drop of about 40% of the Composite Index since the 15th of June 2015. The Chinese government recently took measures to try and put a stop to the decline. One of the measures is that major stockholders are not allowed to sell their positions, for now.
The 6M Euribor remained unchanged at 0.05%. The 10Y Swap increased by 4 basis points to 1.09%.
In the attachment below, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: email@example.com.
Managed by Sluijmer Multimedia and hosted by True.