Market Information Monday 31 December 2018

Market Information Monday 31 December 2018

Today, the stock exchange in Hong Kong closed the year 2018 higher. The Hang Seng index in Hong Kong ended 1.3% higher on 31 December 2018 compared to a day earlier. In spite of this, the main index lost almost 14% of value in 2018.

After a free New Year’s Day 2019, the investor agenda will start relatively empty. By contrast, the macroeconomic agenda is already quite filled, with a series of purchasing manager indexes and inflation figures. At the moment it is unclear to what extent the shutdown of the American government, will play a role in the publications of economic figures.

The euro officially exist for 20 years in 2019. In January 1999 the euro was introduced. At that time, it was not possible to pay with euro’s yet, until the beginning of 2002. Research from Brussels shows that around three quarters of civilians in the euro countries support the euro on economical level.

The 6M Euribor is unchanged at -0.24% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.81% compared to previous business day.

The following macro-economic figures will be published in the coming week:
– Producer Price Index (PPI) Eurozone
– Purchasing Managers’ Index (PMI) Eurozone

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.

Market Information Friday 28 December 2018

Market Information Friday 28 December 2018

Statistics Netherlands (CBS) reported that sales prices in the Dutch industry increased with 2.7% in November 2018 compared to November 2017. In November 2018, products of the petroleum industry increased to almost 9% compared to November 2017. The prices of cars, electrical, plastics, rubber and metal products and machinery contributed as well to the increase.

According to Statistics Netherlands, the producer confidence increased in December 2018. The confidence increased from 7.2 in November 2018 to 7.5 in December 2018. On average, producer confidence in 2018 was 7.9, which is above the average of the past twenty years, with an average of 0.9.

Market researcher Conference Board announced that consumer confidence in American in the economy decreased in December 2018. The indicator that reflects confidence reached 128.1 for December 2018, compared to a revised score of 136.4 in November 2018. Economists expected a score of 133.7 in December 2018.

The 6M Euribor is unchanged at -0.24% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.82% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.

Market Information Thursday 27 December 2018

Market Information Thursday 27 December 2018

European exchanges were closed on Tuesday and Wednesday due to Christmas. Wall Street did open on Wednesday. On Christmas eve, exchanges in Amsterdam, Paris, Brussels and London suffered losses. The AEX closed 1.3 percent lower on 478.34 points. The MidKap also fell with 1.5% to 630.92 points. Exchanges in London and Paris lost 1.5 percent, while Frankfurt and Milan remained closed the day before Christmas.

Due to the shutdown of the American government, the department of commerce waived the publication of macro-economic figures. This week, figures on consumer purchases, trade of goods, and economic growth in the US were expected. The White House and the Congress failed to reach an agreement regarding the national budget last Friday.

Oil prices experienced an upward trend on Wednesday, after the price of a barrel of Brent Crude Oil fell below 50 dollars, the lowest observed price in 2018. The price of a barrel of American oil increased with 5.5 percent to 44.86 dollars. Brent Crude Oil experienced a growth of more than 4 percent to 52.55 dollars per barrel. Oil prices have been falling due to decreased optimism in the world economy. The OPEC considered additional measures to balance demand and supply in the market.

The 6M Euribor is unchanged at -0.24% compared to previous business day. The 10Y Swap is unchanged at 0.84% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.

Market Information Monday 24 December 2018

Market Information Monday 24 December 2018

Last Friday, the Congress and the White House did not reach an agreement on a new state budget. Therefore, civil servants are sent home, without receiving salary. Today, the secretary of the Treasury, Steven Mnuchin, will meet with directors of the Fed, the Securities and Exchange Commission (SEC) and other relevant leaders, to discuss how the normal course of events in the financial markets can be secured.

Statistics Netherlands calculated that the budget surplus in the Netherlands has increased to EUR 12 billion in the first three quarters of 2018. This is 2.1% of the gross domestic product. Wopke Hoekstra, Minister of Finance expected a surplus of EUR 5.8 billion (0.8% of GDP). Total government revenue was EUR 14 billion higher in the first three quarters of 2018, expenditures increased by EUR 7 billion over the same period.

According to Statistics Netherlands, the gross profit before tax of non-financial corporations in the third quarter of 2018 amounted to EUR 67.2 billion, EUR 4.7 billion more than in the same quarter of 2017 and the highest amount since the start of the measurements in 1999.

The 6M Euribor is unchanged at -0.24% compared to previous business day. The 10Y Swap increased with 2 basis points to 0.84% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.

Market Information Friday 21 December 2018

Market Information Friday 21 December 2018

Statistics Netherlands (CBS) has announced that consumer confidence in the Netherlands fell slightly in December 2018 compared to November 2018. Both the willingness to buy and the general opinion on the economic climate fell slightly. The index that measures consumer confidence decreased with 4 points to 19. This means that the indicator is well above the long-term average, which is -3.

Research Bureau Conference Board announced yesterday that the outlook for the US economy has improved again. The economic barometer increased with 0.2% in November 2018. Economists had predicted that the economic outlook would remain unchanged. In October 2018 the index decreased with 0.3%.

Yesterday the British Office for National Statistics reported that retail sales increased with 1.4% in November 2018 compared to October 2018. The rise in retail sales is mainly explained by higher expenditures on household goods and high sales volumes on Black Friday. Economists forecasted an increase of 0.3% in retail sales.

The 6M Euribor is unchanged at -0.24% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.82% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.