Market Information Wednesday 30 April 2025

Figures released yesterday by The Conference Board indicate that U.S. consumer confidence in the economy fell more sharply in April than anticipated. The index dropped from 92.9 to 86.0 points, reaching its lowest level in over five years, comparable to conditions at the start of the COVID pandemic. Moreover, the sub-index for economic outlook over the next six months dropped significantly below the critical threshold, signaling recession risk.

According to figures released yesterday by Spain’s statistics agency INE, annual inflation remained stable at 2.2 percent in April, despite economists’ expectations for a slight decrease to 2.0 percent. Core inflation in April was 2.4 percent year-on-year, with a monthly increase of 1.0 percent in core prices.

The German research institute GfK released figures yesterday showing that consumer confidence unexpectedly rose in May, although it remains negative. The index increased by 3.7 points to -20.6, contrary to economists’ expectations of a decline to -26.0.

The 6M Euribor decreased with 2 basis points to 2.12% compared to previous business day. The 10Y Swap decreased with 3 basis points to 2.47% 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.