Market information
Monday, July 12, 2010
The European and US stocks exchange finished Friday on a 4th consecutive trading day rise. The analysts and investors are positive on the wave of second quarterly results of the large companies which will be announcing this week.
The Bank of England’s (BoE) monetary policy committee, like the ECB, voted on Thursday to hold the current interest rates. The rate will stay at its record low of 0.5 per cent. As widely expected the BoE held off on any measures to expand demand through quantitative easing.
China defied fears about a new slowdown in the global economy by a record increase of 44% in exports last month year-on-year. This led to a large monthly trade surplus in June of USD 20bn. The figures will draw attention again to whether the Chinese currency remains undervalued.
The 6M Euribor increased with 1 basis point to 1.08% and the 10Y Swap decreased with 5 basis points to 2.87%.
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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Economic view
Publications
New terms for a marriage of convenience
Impact of Basel III on corporate banking relationship
risk management, financing, treasury, cash management, working capital, investments, Basel III
Shift towards an American funding model
corporates, corporate lending, Greek default
Client Cases
Netherlands State Treasury Agency
Going the extra mile for the national treasurer
public sector, treasury management, financing, treasury, publieke sector
