Market Information Wednesday 2 October 2024

In September, inflation in the Netherlands remained high at 3.5%, mainly due to price increases in food, beverages, and tobacco, with tobacco being the largest contributor. The Netherlands has the second highest inflation in the Eurozone, after Belgium. Average inflation in the Eurozone dropped from 2.2% to 1.8%. The European Central Bank expects inflation in the Eurozone to decrease further in the coming year.

European stock markets closed mostly lower on Tuesday, following disappointing economic data from the US and concerns about a potential escalation of violence in the Middle East. The Stoxx Europe 600 index fell by 0.4% to 520.88 points, while Germany’s DAX lost 0.6% to finish at 19,213.14 points. The French CAC 40 dropped by 0.8% to 7,574.07 points. Only the UK’s FTSE 100 index in London closed positively, rising by 0.5% to 8,276.65 points.

Consumer confidence in Japan increased slightly in September, according to government figures released on Wednesday. The index rose from 36.7 to 36.9. All sub-indices showed an increase, except for the one related to general livelihood.

The 6M Euribor decreased with 4 basis points to 3.11% compared to previous business day. The 10Y Swap decreased with 8 basis points to 2.27% 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.