The yen fought to regain a footing yesterday, recovering a little from heavy selling as some traders start to see risks of official pushback if Japan’s currency falls much further. The yen lost 7% through March as the Bank of Japan has stuck with passive policy settings.
Consumer confidence in Germany took a hit in March, with the confidence index for German consumers falling 25 points to -22.1. The index is at its lowest point since January 2009, when it stood at -22.9 due to the credit crisis.
World equity markets surged and interest rates climbed on Tuesday, as face-to-face talks between Russia and Ukraine showed signs of progress.
The 6M Euribor is unchanged at -0.39% compared to previous business day. The 10Y Swap increased with 5 basis points to 1.25% 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.
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