Market Information Tuesday 7 March 2023

Robert Holzmann, chairman of Austria’s central bank and member of the European Central Bank’s Executive Board, called for four more interest rate hikes of 50 basis points. This was reported on Monday by Germany’s Handelsblatt after an interview with Holzmann.

China exported less in the first two months of this year, according to Chinese government figures published today. In dollar terms, exports declined 6.8 percent year-on-year in January and February. The decline was smaller than the 9.0 percent drop expected by the market. In December, exports declined with 9.9 percent.

Retail sales in the eurozone rose slightly in January. This was revealed yesterday by figures from the European statistics office Eurostat. Retail sales, measured by volume, rose 0.3 percent on a monthly basis in January.

The 6M Euribor decreased with 2 basis points to 3.35% compared to previous business day. The 10Y Swap is unchanged at 3.28% 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.