Market Information Wednesday 28 September 2022

Substantially more new single-family homes were sold in the United States in August than a month earlier. This was revealed on Tuesday by figures from the US Department of Commerce. The number of new single-family homes sold rose 28.8% month-on-month to 685,000 units. The figure for July was revised up, from 511,000 to 532,000. Economists’ expectation for August was at 550,000 new homes. The number of homes sold was almost the same as that August of the previous year.

Oil prices rose on Tuesday, a day after closing at their lowest level in nine months in New York. A November futures for a barrel of West Texas Intermediate crude oil closed 2.3% higher at $78.50 on the New York Mercantile Exchange.

Consumer confidence in Germany also fell for October, to a new low. This was revealed on Wednesday by recent readings from research firm GfK, which measures a month ahead. The confidence index came in at 42.5 negative, down from a slightly downwardly revised 36.8 negative for September. Economists had been counting on an index of 38.5 negative.

The 6M Euribor is unchanged at 1.80% compared to previous business day.

The 10Y Swap increased with 14 basis points to 3.16% 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.