The European Central Bank (ECB) seeks to harmonize capital requirements within the European banking sector. European countries have diverse interpretations of capital requirements. For example, in Italy and Greece banks are allowed to use deferred tax assets as a way to boost their capital buffers. By creating uniform banking regulations, the ECB tries to create a level playing field in the Euro-banking sector.
On Wednesday, the British Office for National Statistics (ONS), announced that the unemployment rate in Britain deceased in the third quarter of 2015 to 5.3% of the workforce. This is the lowest level since spring 2008. In the third quarter 1.75 million people were unemployed, which is 210,000 less compared to 2014.
The Central Bureau of Statistics (CBS) has announced that Dutch retail sales have increased with 4.3% in September 2015 compared to September 2014. The increase is caused by the additional retail opening hours in September 2015.
The 6M Euribor remained unchanged at 0.00%. The 10Y Swap decreased with 1 basis point to 0.95%.
In the attachment, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: firstname.lastname@example.org.
Managed by Sluijmer Multimedia and hosted by True.