Market Information Wednesday 23 August 2023

Dutch consumers became more pessimistic in August than in July. This was revealed on Wednesday by figures from Statistics Netherlands. The confidence index decreased from -39 in July to -40 in August. This puts consumer confidence well below the average over the past 20 years of -10. Confidence reached its highest ever reading in January 2000 at 36 and its lowest ever reading in September 2022 at -59.

Investments in the Netherlands in June were 7.0% higher compared to the previous month. This was revealed on Wednesday by Statistics Netherlands. According to the statistics office, this was mainly because more was invested in transport equipment, machinery, infrastructure and buildings.

The growth of the Japanese economy increased in August. This was revealed on Wednesday by preliminary figures from S&P Global. The service sector purchasing managers’ index increased to 54.3 in August from 53.8 in July. And Japan’s purchasing managers’ index for manufacturing increased to 49.7 in August from 49.6 in July. With that, the composite index increased to 52.6 in August from 52.2 in July. An index reading greater than 50 indicates economic growth, while less than 50 signals economic contraction.

The 6M Euribor is unchanged at 3.94% compared to previous business day. The 10Y Swap decreased with 6 basis points to 3.23% 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.