Market Information Thursday 23 September 2021

Total real disposable income of Dutch households increased by 3.1% year-on-year in the second quarter. This was reported Thursday by Statistics Netherlands (CBS). This is the strongest increase since the second quarter of 2002.

The Federal Reserve (Fed) kept benchmark interest rate anchored near zero, on Wednesday evening. The federal funds rate remained as expected at 0.00% to 0.25%. The discount rate was maintained at 0.25%. Fed Chairman Jerome Powell indicated that the phasing out of the monetary support program could begin as early as November. In addition, the development of a digital currency was discussed.

Consumer confidence in the eurozone increased slightly in September, according to preliminary figures from the European Commission. The confidence index was minus 4.0 in September, compared to minus 5.3 in August. The confidence index in September is back above the level before the corona crisis.

The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.05% 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.