Mortgage credit lending. The rate of credit lending has increased by 0.06%, having amounted to 3.73% (the level of the end of September 2012). The general index of mortgage market amounts to 849.8 points, whereas it used to amount to 822.1 (current point is close to last year average).
Consumer’s market. Orders for durable goods amount to 4.3%, whereas they used to amount to 4.6%. According to the Red Book, monthly retail sales have dropped by -0.6% (previous result -0.5%). According to International Association of Shopping Centers, sales have increased by 2.4% since last week (previous result -1.0%).
Labour market. Average rate in January has changed by 0.2, as has been predicted. Unemployment rate amounts to 7.9%, which is 0.1 more than predicted and than the previous result. Employment trends index amounts to 109.38, which is the highest point in several last years. Primary allowance claims amounts to 366, whereas 360 has been predicted. Last week’s result was 368 ths. The number of second claims amounts to 3224, whereas 3195 has been predicted, previous result was 3197. Labour capacity during the 4th quarter of 2012 amounts to -2%, whereas -1.3% has been predicted (previous result was 2.9%).
Speaking about indexes, in January index of consumer trust of Michigan university has reached 73.8 points versus its previous result of 71.3 (71.5 has been predicted). Business optimism index has reached 53.1 versus the previous result of 50. 2 and prediction of 50.6.
Macroeconomic result is neutral, closer to negative. Inflation is normal. Interest rate remains unchanged (0.25%).
Speaking about technology – bond market is within the flat zone after issued data on GDP. This week treasury demonstrates a growing trend.
Treasury Market Overview
