Yesterday, Eurostat announced that unemployment in the Eurozone decreased to 7.5% in May. This is the lowest level of unemployment since July 2008. The unemployment rate of the European Union decreased to 6.3% in May, the lowest rate ever recorded.
Based on final figures, market research agency Markit reports that economic activity in the manufacturing sector of the eurozone has decreased in June 2019 compared to May 2019. The Purchasing Managers Index fell to 47.6, compared to 47.7 in the previous month. Economists expected a value of 47.8.
Research agency ISM stated that the economic activity in the manufacturing sector of the United States has increased at a lower rate in June 2019 compared to May 2019. The Purchasing Managers Index decreased to 51.7, compared to 52.1 in the previous month. Economists expected a value of 51.0.
The 6M Euribor is unchanged at -0.31% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.16% 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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