Market information Monday March 21st 2016

According to figures of the Confederation of British Industry (CBI), leaving the European Union will cost the United Kingdom GBP 100 billion (EUR 128 billion) in productivity. In addition 950,000 people will lose their jobs. Leaving the EU would be a setback to the living standards, job and growth within the United Kingdom, according Carolyn Fairbairn, Director General of the Confederation of British Industry.

Consumer confidence in the United States decreased in March 2016 according to the University of Michigan. The index decreased from 91.7 in February to 90 in March. Analysts had predicted an increase to 92.2. Statistic Netherlands reports that the consumer confidence in the Netherlands also decreased, the index decreased from -1 to -4 in March.

Figures from Statistics Netherlands (CBS) show that Dutch investments in tangible fixed assets increased by 4.2% in January 2016 compared to January 2015. In January there was an increase of investments in residential real estate and lorries. However, investments in infrastructure and machines decrease compared to a year earlier.

The 6M Euribor remained unchanged at -0.13%. The 10Y Swap decreased with 1 basis point at 0.57%.

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: update@zanders.eu.