Market Information Wednesday 27 March 2024

Dutch industrial producers were slightly more negative in March, with the confidence index declining from -4.2 to -4.8, attributed to less positive expectations for business activity and more negative views on inventories. This level of confidence is below the 20-year average, contrasting with the record high and low experienced in October 2021 and April 2020, respectively.

In February, US durable goods orders increased more than expected, with a 1.4% rise over the previous month against economists’ predictions of a 1.0% increase. Excluding transportation and defense orders, increases were seen at 0.5% and 2.2% respectively, despite a significant drop in orders in January 2023.

In January 2024, US house prices in the 20 largest cities rose by 6.6% year-on-year, accelerating from a 6.2% increase the month before, with a slight monthly decrease of 0.1%. The 10 largest cities even saw a more significant annual increase of 7.4%, despite no change on a monthly basis.

The 6M Euribor decreased with 1 basis point to 3.86% compared to previous business day. The 10Y Swap decreased with 3 basis points to 2.63% 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.