Market Information Tuesday 4 June 2019

Market researcher Markit announced that the economic activity in the manufacturing sector of the eurozone has decreased in May 2019. The Purchasing Managers Index decreased to 47.7, compared to 47.9 in the previous month. The index is approaching the lowest value in six years, with weak orders and a shrinking labor market causing a negative outlook.

Research agency ISM stated that the growth of economic activity in the manufacturing sector of the United States has decreased in May 2019 compared to April 2019. The Purchasing Managers Index decreased to 52.1, down from 52.8 in the previous month. This is the lowest value since October 2016. Economists expected a value of 53.

Figures from the United States government show that construction expenditures have remained stable in April 2019 compared to March 2019. Economists expected an increase of 0.4%. in March 2019, construction expenditures increased by a revised 0.1%, compared to an earlier reported decrease of 0.9%.

The 6M Euribor is unchanged at -0.25% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.33% 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.