Market Information Wednesday 16 June 2021

The Federal Reserve will convene today to discuss monetary policy. The focus will be on statements about the future of the bond-buying program, one of the measures the Fed has taken to mitigate the economic consequences of the corona pandemic. Now that the US economy is recovering and inflation is rising, some Fed executives could argue in favor of phasing out the asset purchase program. Inflation in the United States (US) amounted to 5.0% (on an annual basis) in May 2021.

Industrial production in the US increased at a higher rate than expected in May. Based on figures, published yesterday, from the US Federal Reserve. The manufacturing index increased by 0.8% last month. An increase of 0.5% was initially reported for May. On an annual basis, industrial production in the US increased by more than 16.0% in May.

British unemployment, decreased 0.3 % in the three months to April to 4.7% (seasonally adjusted), based on figures from the British Bureau of Statistics ONS.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap increased with 2 basis points to 0.11% 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.