Market information
Monday, July 05, 2010
The AEX index closed 0.1% higher at 308.2 last Friday. Initially the index had a positive run and reached 312,6 (+1.4%), partly due to the expected decline in the number of paid jobs in the United States. By the end of the trading day the AEX index followed the developments on the U.S. exchanges and turned in most of its gain.
Stock prices have been under pressure as a result of uncertainty about the worldwide economic recovery. Due to this pressure the difference in returns on stocks and bonds increased to the highest level in nine years. The MSCI World, a stock market index of the 24 most developed countries, dropped with 9.5% over the first six months of this year. Bonds in contrast, recorded a yield of 4.2% over the same period.
Car sales in China increased by 10.9% in June compared to the same month last year. Economists interpret this figure as a sign that the Chinese economy and thereby the global economic recovery is cooling, since the same figure reported an increase of 25% in May.
The 6M Euribor and 10Y Swap both remained unchanged at 1.06% and 2.88%, respectively.
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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