Market Information Wednesday 30 September 2026

US consumer confidence has fallen to its lowest level since 2014, weighed down by persistent inflation, elevated fuel costs and a softer labour market. The confidence index dropped 6.7 points to 81.8 in September, while one year inflation expectations rose to 5.1%. Markets have reduced expectations for further rate hikes as policymakers assess weakening sentiment against ongoing price pressures.

China has warned it will retaliate if Europe imposes new restrictions on Chinese businesses, raising the risk of further trade tensions ahead of key negotiations next week. The dispute centres on Europe’s efforts to reduce its record trade deficit with China, with policymakers considering tougher market access measures. Despite bilateral trade reaching €880bn last year, signs of escalating protectionism are clouding the outlook for trade and investment flows.

The Dutch parliament has backed a proposal to curb speculative land prices by changing how development land is valued, aiming to remove a key obstacle to housing construction. Supporters argue the measure could channel more value gains toward public infrastructure and improve the viability of new housing projects. Municipalities warn the new valuation method could create legal disputes and delays, highlighting ongoing tensions between accelerating housing supply and maintaining planning certainty.

The 6M Euribor is unchanged at 3.07% compared to previous business day. The 10Y Swap is unchanged at 3.70% 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.