Market Information Friday 24 December 2021

Oil prices are rising. Last Wednesday, oil prices rose to their highest level in the past four weeks and on Thursday the increase continued. The price of a barrel of West Texas Intermediate rose 1.4% and a barrel of Brent Crude Oil rose 1.2%.

Dutch GDP increased by 2.1% in the third quarter this year compared to the second quarter, according to Statistics Netherlands (CBS). CBS had previously already published its estimate of growth, which was 1.9% at the time. The new calculation is thus slightly higher due to new insights regarding household consumption. On an annual basis, growth in the third quarter was 5.2%, also exceeding the previously published figure of 5.0%.

Between December 11 and 18, 205,000 initial jobless claims were filed in the United States. The number of new applications remained unchanged compared to a week earlier. The four-week moving average did fall by 2,750 to 206,250 applications, reaching the lowest point since the outbreak of the corona pandemic. The U.S. labor market appears to be stabilizing around a pre-corona level.

The 6M Euribor is unchanged at -0.55% compared to previous business day. The 10Y Swap increased with 5 basis points to 0.25% 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.