Between December 17 and 24, total oil reserves in the United States fell by 20.3 million barrels to about 1,780 million barrels. This is shown in figures from the U.S. energy agency EIA. In addition to crude oil, the total oil stock includes gasoline, kerosene, diesel and strategic reserves. The stocks of crude oil for commercial use fell by 3.6 million barrels to 420 million barrels and strategic reserves by 1.4 million to 595 million barrels.
Pending home sales in the United States have fallen, and as a result, the U.S. housing market appears to be slowing somewhat. The index for upcoming sales is issued by the American real estate association NAR and is based on signed purchase contracts. In September, the number of signed contracts fell by 2.2% month-on-month and 2.7% year-on-year.
In December 2021, Dutch businesses active in the industrial sector were less positive. Confidence went from 12.7 in November to 10.2 in December, according to the Statistics Netherlands. However, producer confidence in December was still well above the long-term average of 0.7. Last month, confidence did reach its highest point in the past 20 years. April 2020 measured the lowest point at -28.7.
The 6M Euribor decreased with 1 basis point to -0.55% compared to previous business day. The 10Y Swap increased with 5 basis points to 0.30% 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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