Market Information Monday 27 February 2023

The sentiment among entrepreneurs in the Dutch industry rose slightly in January, according to the figures on Monday from Statistics Netherlands. The confidence index increased from 3.6 in January to 3.7 in February. Statistics Netherlands states that this is because entrepreneurs were less negative about their finished goods inventory. The producer confidence is above the long-term average of 1.2.

More new single-family homes were sold in the United States in January than expected. This was revealed on Friday by figures from the US Department of Commerce. The number of new single-family homes sold rose by 7.2 percent on a monthly basis to 670,000 units. The December figure was revised upward from 616,000 to 625,000. The average house price was $427,500 and the average sale price was $474,400.

US consumer confidence in the economy increased slightly more in February, while inflation expectations rose marginally less than previously expected, according to final figures from the University of Michigan on Friday. The consumer confidence index improved from 64.9 to 67.0. A provisional figure earlier this month showed an index of 66.4. Inflation expectations for the next 12 months amounted to 4.1 percent, compared to a provisional figure of 4.2 percent.

The 6M Euribor is unchanged at 3.20% compared to previous business day. The 10Y Swap increased with 6 basis points to 3.13% 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.