According to market researchers Caixin and Markit, the service sector in China grew less in January 2020 than in December 2019. The purchasing managers’ index for the services sector stood at 51.8 compared to 52.5 a month earlier. Economists expected a score of 52.0.
The European Statistical Office Eurostat announced that producer prices in the Euro area remained the same in December as they were in November. Throughout the European Union, producer prices increased by 0.2% on a monthly basis. The Netherlands and Romania had the largest increases in producer prices (both 0.5%).
Figures from the US Department of Commerce show that factory orders in the United States increased by 1.8% in December compared to November. In particular, orders for durable goods (2.4%) increased. In November, factory orders decreased by a revised 1.2%.
The 6M Euribor is unchanged at -0.34% compared to previous business day. The 10Y Swap increased with 4 basis points to -0.02% 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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