The unemployment rate in the EU was 6.0% in June 2022, unchanged versus May 2022. Compared to last year June, the unemployment rate did fall. At that time, an unemployment rate of 7.2% was measured. The unemployment rate in the Eurozone was slightly higher at 6.6% in June 2022.
Yesterday Markit published its figures on industrial activity. It shows that the industry of the Eurozone contracted slightly in July. The purchasing managers index fell from 52.1 in June to 49.8 in July, the lowest reading in 25 months.
For the fourth month in a row, the Australian central bank has raised its policy rate. This morning the bank published the decision to raise interest rates by 50 basis points to 1.85%. The central bank is raising at a rapid pace. Since May, interest rates have been raised by a total of 1.75%. The central bank’s president, Philip Lowe, has previously indicated his intention to raise interest rates to 2.5%.
The 6M Euribor decreased with 1 basis point to 0.65% compared to previous business day. The 10Y Swap decreased with 2 basis points to 1.63% 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.
Managed by Sluijmer Multimedia and hosted by True.