Market Information Wednesday 2 December 2020

Industrial activity in the eurozone increased in November. British market researcher Markit reports this based on definitive figures. The purchasing managers index for the eurozone industry was 53.8 in November from 54.8 in October.

The European statistics office Eurostat reports negative inflation for the eurozone in November, based on preliminary estimates. Inflation has been negative since August and was -0,3 % in November. Economists had anticipated an inflation rate of -0.2 %. Core inflation, excluding prices for energy and food and beverages, amounted to 0.2 % in November, unchanged from October.

Market researcher ISM reports that industrial activity in the United States increased less in November than a month earlier. The purchasing managers index for the industry was 57.5 against 59.3 in October, the highest level for the indicator since the end of 2018. Economists had expected a level of 58.

The 6M Euribor is unchanged at -0.51% compared to previous business day. The 10Y Swap increased with 2 basis points to -0.23% 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.