Orders placed with US factories increased in June. This was revealed on Tuesday from figures from the US government. Factory orders increased 1.5% on a monthly basis, after a 2.3% increase in May. In April there was still a small decrease of 0.1%. Economists expected a 1.0% increase for June.
The Japanese services sector contracted at a slightly faster pace in July, according to final figures from Markit. The index stood at 47.4 in July from 48.0 in June. Earlier this week, the Japanese manufacturing purchasing managers’ index increased from 52.4 to 53.0 in July. The composite index therefor decreased from 48.9 to 48.8. An index reading greater than 50 indicates growth, while lower than 50 indicates contraction.
The service sector in Germany continued to grow in July. This was shown today in final figures from Markit Economics. The purchasing managers’ index for the services sector increased from 57.5 to 61.8. A preliminary estimate pointed to an increase in the index to 62.2. The industry index increased from 65.1 to 65.9, one of the highest positions ever. The composite purchasing managers index for Germany increased from 60.1 in June to 62.4 in July.
The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap is unchanged at -0.10% 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.
Managed by Sluijmer Multimedia and hosted by True.