Market Information Friday 2 February 2024

On Thursday, as expected by the market, the Bank of England maintained the Bank Rate at 5.25%. The decision was once again not unanimous, with two bankers voting for an interest rate increase and one voting for a rate reduction. The remaining six members voted to keep the interest rate at its current level.

In January, consumer prices in the Netherlands experienced a significant year-on-year increase, as indicated by a preliminary estimate from Statistics Netherlands on Thursday. The price level rose by 3.2% compared to the same month last year, following a 1.2% increase the previous month. The inflation surge was primarily driven by the price developments in food and services.

In the week ending January 27, the number of new applications for unemployment benefits in the United States increased, according to data released by the U.S. Department of Labor on Thursday. The number of new unemployment benefit claims rose by 9,000 to 224,000, surpassing economists’ expectations, which were at 214,000.

The 6M Euribor is unchanged at 3.84% compared to previous business day. The 10Y Swap decreased with 1 basis point to 2.55% 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.