Market Information Monday 16 March 2020

Consumer confidence in the United States declined in March according to the University of Michigan. The index declined to 95.9 from 101 in February. The indicator fell at a lower pace than economists had expected. They generally expected a score of 95.

The European Commission expects the European Union economy to decrease by about 1 percent this year due to the negative consequences of the corona virus. In February, Brussels expected the EU economy to grow by 1.4 percent this year.

The volume of goods exports in the Netherlands was 3.7 percent higher in January than in the same month a year earlier. This is reported by Statistics Netherlands(CBS). In particular exports of petroleum products and machines grew. The volume of imports was 1.2 percent higher than a year earlier.

The 6M Euribor decreased with 2 basis points to -0.45% compared to previous business day. The 10Y Swap increased with 16 basis points to -0.09% 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.