Market information
Monday, May 17, 2010
The AEX-index closed 3.1% lower on Friday at 327,24. In Frankfurt, London and Paris the losses amounted to 4.6%. The Dow-Jones index closed at a loss of 1.5% at 10620.16. the main reason for falling share prices is the fact that investors worry about the austerity measures of the euro-countries. 'Because of the government spending cuts, consumers can spend less and that in return is bad for the economy as a whole', stated Kian Liem of the Haags Effektenkantoor.
The continuing anxiety concerning the financial problems of the eurozone also led to pressure on the euro exchangerate. On monday the euro fell to 1.2306 dollar. The lowest rate in 4 years.
In April, US industrial production rose according to expectations. The production increased with 0.8% compared to last month. The figure on the industrial production is considered an important indicator for future economic growth.
The 6M Euribor remained unchanged at 0.98%. The 10Y Swap fell 8 basispoints to 3.12%.
In the attachment below, 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: .(JavaScript must be enabled to view this email address).
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