Market Information Friday 3 October 2025

Russian President Vladimir Putin warned yesterday that U.S. pressure on countries such as India and China to scale back their energy ties with Moscow could prove counterproductive. He argued that higher tariffs would drive up global prices and force the Federal Reserve to keep interest rates elevated, ultimately slowing down the U.S. economy.

According to figures released yesterday by Eurostat, unemployment in the eurozone inched up to 6.3 percent in August, compared to 6.2 percent the previous month. In the Netherlands, the jobless rate stood at 3.9 percent, while unemployment in Belgium remained unchanged at 5.8 percent.

During the General Financial Reviews, the Dutch House of Representatives decided to cut taxes for low-income workers by €600 million, while middle- and higher-income groups will face higher taxes. This is the final adjustment to the budget before the parliament goes into recess until the elections.

The 6M Euribor decreased with 2 basis points to 2.08% compared to previous business day. The 10Y Swap decreased with 1 basis point to 2.67% 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.