Federal Reserve chairman Jerome Powell expects US economic and job growth to accelerate in the coming months. Powell stated this during a CBS television programme. He expects the US economy to create more than 1 million jobs per month for several consecutive months.
Retail sales in the eurozone increased more than expected in February 2021. Figures from Eurostat show that sales increased by 3.0% on a monthly basis in February. Economists expected an increase of 1.0%. In January, a decrease of 5.2% on a monthly basis was recorded.
The price of oil increased yesterday. The price of a barrel of West Texas Intermediate (WTI) increased by 0.6% to USD 59.70. According to press bureau Reuters, the increasing oil prices are the result of increasing tensions in the Middle East, where the Houthi rebels from Yemen attacked several oil facilities in Saudi Arabia.
The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap increased with 1 basis point to 0.06% 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.
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