Market information Wednesday March 30th 2016

In February 2016, European banks provided more credit to households, businesses and governments in the Eurozone. Figures presented by the ECB show that total credit provided in the Eurozone was up 3.2% compared to February 2015. Credit provided to governments increased with 10.1% in comparison to February 2015. Credit provided to households was up 1.6% and credit provided to non-financial corporations increased with 0.9% compared to February 2015.

Yesterday, the Italian Statistical Office Istat reported that consumer confidence in Italy rose slightly. Consumer confidence increased from 114.5 points in February to 115 points in March. In the same period, producer confidence decreased from 103.2 to 100.1 points.

In the US, consumer confidence also increased in March. Yesterday, The Conference Board released its Consumer Confidence Index. The Conference Board’s index rose to 96.2 whereas analysts had expected a score of 94.0. American households were slightly more optimistic about prospects for the labour market and the economy.

The 6M Euribor remained unchanged at -0.13%. The 10Y Swap decreased with 3 basispoints at 0.53%.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: update@zanders.eu.