Market Information Monday 20 February 2023

Dutch consumers were more optimistic in February than in the previous month. This was shown on Monday from figures from Statistics Netherlands. The confidence index rose from -49 in January to -44 in February. Dutch consumers are less pessimistic about the economy and their willingness to buy was also less negative. Nevertheless, the consumer confidence is well below the average of -10 over the past twenty years.

US import prices fell slightly in January. This was revealed on Friday by the figures of the US Department of Labor. Import prices fell by 0.2% on monthly basis in January, following a 0.1% decline in December. Export prices, on the other hand, rose by 0.8% on monthly basis in January. On annual basis, import prices were 0.8% higher in January and export prices 2.3%.

Leading indicators for the US economy fell again in January. The Leading Economic Index (LEI) fell by 0.3% to 110.3. In December there was also a decrease of 0.8%. The LEI index is made up of the weighted average of various sub-indicators, such as consumer confidence, the number of hours worked in the industry and share prices.

The 6M Euribor increased with 2 basis points to 3.19% compared to previous business day. The 10Y Swap decreased with 2 basis points to 2.99% 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.