Market Information Tuesday 28 May 2019

The National Bureau of Statistics of China has stated that the profits earned by China’s largest industrial firms decreased in April 2019, with the main reason being the increasing trade tensions between the United States and China. On a year-on-year basis, profits decreased by 3.7%, the largest decrease since December 2015. In March, profits increased by 13.9%.

Market researcher GfK announced that consumer confidence in Germany has decreased to a value of 10.1 in June 2019. In May consumer confidence was at 10.4. Economists expected a value of 10.2 for June.

The Federal Statistical Office of Germany has announced that import prices have increased by 0.3% in April 2019 compared to the previous month. In March 2019, prices remained stable. On a year-on-year basis, prices increased by 1.4%.

The 6M Euribor is unchanged at -0.24% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.39% 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.