Market information Tuesday March 15th 2016

The dollar rose against the euro as the market corrects an overextension as a result of the announcement by Mario Draghi that the ECB may not continue easing monetary policy. Investors now anticipate today and tomorrow’s Federal Reserve policy meeting. Expectations are that the Fed keeps interest rates unchanged. The current EUR/USD exchange rate is 1,109, which is a -0.64% decrease compared to last Friday.

Major indexes are nearly back at the level of the beginning of 2016. The S&P 500 closed yesterday at 2019.64, the CAC at 4506.59, the FTSE 100 at 6174.57 and the DAX at 9990.26.

Yesterday oil prices decreased by 3 percent due to concerns about market recovery ignoring existing US crude stockpiles and Iran’s lack of interest in freezing oil production. Crude inventories across the US were at record highs last week and increased by 850,000 barrels to 69.6 million. Brent crude oil currently trades at USD 39.53 and WTI at USD 37.18. Which are decreases of, respectively, -2.13% and -3.43% compared to last Friday.

The 6M Euribor decreased with 1 basispoint to -0.13%. The 10Y Swap increased with 3 basispoints to 0.67%.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: