The Conference Board published new figures that suggest that the outlook for the US economy has improved in April. The leading economic index, that measures the market sentiment over the next three to six months, increased by 0.6% to 123.9 (2010=100). Analysts expected an average growth of 0.4%. The leading economic index includes ten indicators; including unemployment benefits applications, consumer goods orders and the money supply.
On Thursday, the Dutch Central Bureau of Statistics (CBS) announced that business investments are 3.6% higher in March 2016 compared to a year before. The CBS explains that most of the growth of the investments can be attributed to the increase of investments in residential property in The Netherlands. In addition, investment in cars and road transportation increased.
The German Federal Bureau of Statistics released that producer prices in April increased by 0.1% compared to the previous month. In March the prices that German manufacturers received for their products remained stable compared to February this year. On an annual basis, producer prices decreased by 3.1%.
The 6M Euribor remained unchanged at -0.14%. The 10Y Swap increased with 3 basis points to 0.56%.
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