Market Insights
Market Information Monday 24 July 2023
The Dutch house prices remained almost unchanged in June 2023 compared to May 2023, but decreased as much as last month on an annual basis. This was reported by the Central Bureau of Statistics on Monday. The prices were 5.5% higher in June than a year earlier.
The business activity in the Japanese industry has further declined. This was revealed on Monday by preliminary figures from S&P Global and Jibun Bank. The Purchasing Managers’ Index (PMI) decreased from 49.8 in June to 49.4 in July. “Business activity in the Japanese private sector has risen for the seventh consecutive month,” said Usama Batthi of S&P Global Market Intelligence.
Retail sales in the United Kingdom increased more than expected in June. This was revealed on Friday by figures from the British Office for National Statistics. The volumes increased by 0.7% on a monthly basis, following a growth of 0.1% in May. Economists had anticipated a rise of 0.2% for June. On an annual basis, there was a volume decrease of 1.0% in June, contrary to analysts’ expectations of a 1.5% increase.
The 6M Euribor increased with 1 basis point to 3.95% compared to previous business day. The 10Y Swap decreased with 2 basis points to 3.08% 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.