Market Information Tuesday 11 June 2019

Data of the Japanese government has shown that the Japanese economy has increased more than expected in the first quarter of 2019. The economy has increased with 2.2% in this period. In the last quarter of 2018 the reported growth was 1.8%.

The British Office for National Statistics reports that the British export- and import volumes have reached the lowest level in years. Additionally, the British economy and British production have decreased in April on a monthly basis by 0.4% and 2.7%, respectively. In the first quarter of 2019, British producers have profited from stockpiling before the Brexit. This effect is fading away and this is mentioned as a cause of the decreasing economic figures.

The American president Trump reports that the US and Mexico have reached an agreement on the approach on illegal immigration. The deal entails that planned tariffs on Mexican goods will not go into effect. In return, Mexico will send the National Guard to the border with Guatemala.

The 6M Euribor is unchanged at -0.26% compared to previous business day. The 10Y Swap increased with 4 basis points to 0.29% 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.