In the coming week, as the corporate results season dries up, investors will pay particular attention to new inflation figures, purchasing managers and a US jobs report. On Tuesday Statistics Netherlands will publish the latest producer confidence figures. Furthermore, inflation figures from Germany and Belgium will be published, followed a day later by France and the eurozone as a whole.
The average WOZ value of a house increased again. The average house in the Netherlands was worth EUR 315,000 on 1 January 2022, an increase of 8.6% compared to a year earlier, according to Statistics Netherlands. This is the highest value ever. Last year, the average WOZ value increased by 7,0%. The average WOZ value of a private house has been considerably higher for some time now. However, when calculating the WOZ value, rental homes and unsold properties are also included.
European central bankers are considering to increase the official interest rates to curb the high inflation rate, according to President Knot of the Dutch Central Bank in an interview with the Dutch public broadcasting company NOS. “The inflation problem in Europe is so persistent at the moment that I think our task is to raise the interest rate every six weeks until the inflation picture stabilises around 2%”, said Knot. Eurozone inflation averaged 9.8% in July, partly due to sharply higher energy prices.
The 6M Euribor increased with 3 basis points to 0.98% compared to previous business day. The 10Y Swap increased with 11 basis points to 2.30% 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.
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