The British economy grew less than expected in the third quarter of this year. This was shown on Wednesday by the final figures from the British statistical office ONS. The British economy grew by 1.1%, while initially a growth of 1.3% was reported. Compared to the fourth quarter of 2019, before the outbreak of the corona crisis, the British gross domestic product (GDP) fell by 1.5%.
Inventories of crude oil in the United States fell last week. This was reported on Wednesday by figures from the American energy agency EIA. In the week ending 17 December, crude oil stocks fell by more than 4.7 million barrels to 423.6 million. Gasoline stocks increased by 5.5 million barrels to 224.1 million barrels. Fuel oil and diesel stocks increased by 0.4 million barrels to 124.2 million. Refinery capacity utilisation decreased from 89.8% to 89.6%.
The price of existing owner-occupied homes in the Netherlands increased by 20.1% year-on-year in November 2021. This was revealed Wednesday by new figures from the Dutch Land Registry. The percentage has not been so high since February 2000 and is a record since the statistics are registered in 1995. The average sales price was just over EUR 400,000 last month. In 2000 this was less than EUR 160,000. Prices are now higher than ever and approximately 86% higher since the last low in June 2013.
The 6M Euribor is unchanged at -0.55% compared to previous business day. The 10Y Swap increased with 1 basis point to 0.20% 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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