Market Information Friday 14 October 2022

Oil prices rose on Thursday, the price of a barrel of West Texas Intermediate increased with 2% to USD 89.11. In the week ending October 7, US crude oil inventories rose by 9.9 million barrels to 439.1 million units. Furthermore, the International Energy Agency reported in its monthly report on Thursday that oil demand will rise less this year than previously anticipated.

The Amsterdam stock exchange closed higher on Thursday. US inflation turned out to be a setback, as figures showed that US consumer prices rose more than expected on a monthly basis in September. Prices rose 0.4%, following a 0.1% plus in August. These figures caused a shock reaction among investors, from which the Damrak eventually recovered. The AEX index rose 0.3% to 633.01 points.

Consumer prices in Germany increased more in September than in August. This was also revealed on Thursday by final figures from German statistics agency Destatis. On a year-on-year basis, prices rose 10.0% in September after a 7.9% rise in August. In September, prices rose 1.9% compared to August. In August, the month-on-month increase was still 0.3%. The final figures match preliminary registrations.

The 6M Euribor is unchanged at 2.00% compared to previous business day. The 10Y Swap decreased with 4 basis points to 3.26% 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.