Activities in the services sector in the eurozone, including hospitality and aviation, decreased in September compared to August. This was announced by market researcher Markit on the basis of final figures. Markit’s purchasing managers index, which measures activity in the services sector, resulted in a final figure for September of 48 compared to 50.5 in August. A score of 50 or more indicates growth, including contraction.
Retail sales in the eurozone increased in August compared to July. According to European statistics office Eurostat, sales increased by 4.4% in August 2020. In July, there was still a decrease of 1.8%.
Factory orders in Germany increased more than expected in August. This was according to data from the Federal Statistical Office. On a monthly basis, orders were 4.5% higher. Economists assumed an increase of 2.8%. A month earlier, the number of factory orders increased by an adjusted 3.3%.
The 6M Euribor increased with 1 basis point to -0.47% compared to previous business day. The 10Y Swap increased with 2 basis points to -0.22% 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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