Market information Friday February 5th 2016

Last week, the number of applications for unemployment benefits in the US increased by 8,000 to 285,000 (seasonally adjusted). In the fourth quarter of 2015, the US economy grew at an annualized rate of 0.7%, compared to 2.1% in the third quarter of 2015.

According to the European Commission’s economic outlook published on Thursday, the Dutch budget deficit for 2017 will be 1.8%. In November, the European Commission forecasted a budget deficit of 1.5%. Dutch Finance Minister Jeroen Dijsselbloem is facing a growing budget deficit due to a reduction in energy revenues.

Yesterday, the US dollar fell against the euro by more than 1% to EUR/USD 1.12. On Wednesday, the US dollar lost 1.7% against the euro. The sharp movement in the exchange rate follows after disappointing macroeconomic news on the US economy, which causes investors to doubt an increase in the Fed funds rate in March.

The 6M Euribor decreased by 1 basis point to -0.10%. The 10Y Swap remained unchanged at 0.64%.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: