Market Information Thursday 16 May 2019

According to the European statistics agency Eurostat, the eurozone economy increased by 0.4% in the first quarter of 2019 compared to an increase of 0.2% in the fourth quarter of 2018. For the entire European Union, the economy increased with of 0.5% in the first quarter, compared to 0.3% in the previous quarter.

Figures from the Statistics Netherlands (CBS) show that the number of unemployed people decreased further in April 2019 to 300,000, equal to 3.3% of the labor force. With a percentage of 3.3%, the Netherlands is in the top three with the lowest unemployment in the European Union.

According to the Federal Reserve (FED), industrial production in the United States decreased by 0.5% in April, compared to increase of 0.2% in March. Economists expected a stable production level. The occupancy rate last month amounted to 77.9% compared to a revised 78.5% in March. Economists expected an occupancy rate of 78.7% in April.

The 6M Euribor is unchanged at -0.23% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.42% 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.