Market information
Tuesday, June 22, 2010
While the global financial markets welcomed the Chinese yuan becoming more flexible, Wall Street closed with a loss. Especially the shares of retailers in the U.S. were under pressure, due to the fact that many U.S. retailers import products from China and from now on probably face higher input costs. The news from China pushed the European debt crisis into the background and the Euro benefited from these circumstances. The Euro currency closed yesterday over $ 1.24. Last Friday's figures published by The Statistics Bureau of the Netherlands (CBS) show that the Dutch consumer confidence in June continues to decline. The consumer confidence index declined to -18 from -16 in May. On the other hand, the statistics bureau reported that consumers are less negative in June judging their own financial situation over the past 12 months. Moreover, the CBS found that consumers are more tempted to buy large purchases in June than in May. The 6M Euribor increased by 1 basis point to 1.02% and the 10Y Swap increased by 7 basis points to 3.01%. 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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