Ukraine wants to take a first step in restructuring its external public debt. In doing so, the government wants to free up money for the ongoing war with Russia, according to a resolution published on Wednesday. The resolution states that the government wants to reach an agreement with creditors by August 15 latest. Several Western creditors, including the United States, Canada, France, Germany, Japan and the United Kingdom, already announced that they would support a moratorium.
Europe will continue to receive gas supplies through the important Nord Stream 1 pipeline starting next week, according to Russian President Vladimir Putin as stated during a meeting in Iran. He warned that the quantities would be limited, according to news agency Bloomberg.
Dutch consumer confidence in July broke a record low for the third time in a row and the economic confidence of entrepreneurs also fell sharply, figures from Statistics Netherlands (CBS) and I&O Research show. Consumer spending and fixed capital investment increased in May though. Compared to a year earlier, consumers spent more than 19% more on services in May and the volume of investments in tangible fixed assets increased by 7.3%.
The 6M Euribor increased with 3 basis points to 0.53% compared to previous business day. The 10Y Swap decreased with 3 basis points to 2.05% 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.
Managed by Sluijmer Multimedia and hosted by True.