Market Information Tuesday 4 May 2021

Industrial activity in the eurozone increased at a faster rate in April 2021. The manufacturing purchasing managers’ index (PMI) increased from 62.5 in March to 62.9 in April, the highest point ever recorded, according to Markit Economics. A preliminary measurement indicated 63.3 for April. An index score of over 50 indicates growth, while a figure below 50 indicates contraction.

The purchasing managers index for Dutch industry also reached a new record in April 2021. The purchasing managers index increased from 64.7 in March to 67.2 in April. “The unprecedented growth in production was driven by large increases in orders both domestically and internationally,” Nevi and Markit stated upon the release of the index.

Industrial activity growth in the United States in April has unexpectedly decreased, according to figures from the Institute for Supply Management (ISM). The ISM purchasing managers’ index decreased from 64.7 in March to 60.7 in April, while the market expected an increase to 65.0. The PMI manufacturing index published by Markit, however, show that the growth in activity increased in April. The index increased from 59.1 in March to 60.5 in April.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap is unchanged at 0.14% 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.