According to the European Statistical Office (Eurostat), inflation in the eurozone decreased to 1.2% in May on an annual basis. Economists expected a decrease to 1.3%. Core inflation, excluding the impact of volatile prices, decreased to 0.8%.
The Australian Central Bank changed interest rates for the first time since August 2016. The Reserve Bank of Australia (RBA) reduced the main lending rate by 25 basis points to 1.25%. With this interest rate decrease, the central bank wants to boost the weakening economy and the difficult labour market.
The purchasing managers index of market researchers Caixin and Markit showed that the services sector in China grew at a lower rate in May, at 52.7 compared to 54.5 in April. Economists expected a score of 54.
The 6M Euribor is unchanged at -0.25% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.31% 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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