Market Information Monday 8 April 2024

Consumer credit in the United States increased by $14.1 billion in February, representing a decrease compared to the $17.7 billion increase in January, according to Federal Reserve data.

Oil prices rose ahead of the weekend due to ongoing tensions in the Middle East, with prices for West Texas Intermediate and Brent increasing. Speculation about a potential escalation of the conflict between Iran and Israel fueled expectations for a rapid rise in oil prices.

In February, German import prices once again fell sharply, with a year-on-year decline of 4.9 percent and a month-on-month decrease of 0.2 percent, according to figures from the German Federal Statistical Office. Energy prices dropped by 20.7 percent year-on-year in February, with prices 2.6 percent lower compared to January.

The 6M Euribor increased with 2 basis points to 3.84% compared to previous business day. The 10Y Swap increased with 4 basis points to 2.68% 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.