Market information Thursday March 10th 2016

Wednesday the euro held steady as investors awaited an ECB meeting. The deposit rate is expected to fall by 0.10% to 0.40% as a result of the ECB meeting today. More asset purchases and tiered interest rates for deposits at the ECB are also in the realm of possibilities according to economists.

On Wednesday the Federal Statistical Office of Germany announced that the turnover in German manufacturing in January 2016 has increased with 1.1% compared to the previous month. In January 2016 German sales to euro area countries decreased by 0.8% and sales to other countries increased by 0.5%, compared to the previous month.

The 6M Euribor remained unchanged at -0.14%. The 10Y Swap remained unchanged at 0.60%.

In the attachment, 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: update@zanders.eu.