Market Information Tuesday 29 October 2019

US President Donald Trump announced that, according to expectations, a part of the trade-agreement between the US and China will soon be signed. In this first stage of the agreements several accords will be made on subject such as intellectual property rights, financial services and agriculture. The agreement will be signed next month, according to Trump, during a conference in Chile, which the leaders of both countries will be attending.

The S&P 500 has increased to a record level. The increase is primarily a result of Trump’s announcement on the news of the trade-agreement between China and the US. The S&P 500 increased by 0.6 percent to 3039.42 points, above the record level of three months earlier.

According to the German statistics bureau the import prices in Germany have increased in September by 0.6 percent compared to August. Economists expected a smaller increase of 0.1 percent. In August the import prices decreased by 0.6 percent.

The 6M Euribor is unchanged at -0.35% compared to previous business day. The 10Y Swap increased with 2 basis points to 0.08% 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.