Market Information Tuesday 8 February 2022

The U.S. stock markets closed almost all with losses yesterday. The Dow Jones remained flat at 35,091.13 points, and the S&P500 fell 0.4% to 4,483.87. The Nasdaq fell to 14,015.67 points, seeing a decline of 0.6%. Few macroeconomic figures and corporate results were published yesterday, making it a quiet start to the week.

Only the publication of U.S. consumer credit came out. Consumer credit increased sharply in December, rising by USD 18.9 billion. One month before, the increase was still USD 38.9 billion. In terms of macro figures, the main focus is on next Thursday afternoon when the U.S. inflation figures will be published.

The prices of oil fell yesterday. This is the first time in weeks of an upward trend in oil prices, which even reached the highest level in seven years. Negotiations on a nuclear deal between the United States and Iran have had their impact on this development. Should the deal be concluded, it will result in the lifting of sanctions imposed by the US. This will allow Iran to offer oil on the market again, increasing supply and lowering the price.

The 6M Euribor increased with 3 basis points to -0.47% compared to previous business day. The 10Y Swap increased with 6 basis points to 0.70% 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.