New figures from Statistics Netherlands, het Kadaster and Eurostat show that house prices in the Netherlands in the second quarter of 2022 averaged 18.2% higher than a year earlier. This puts the Netherlands in the top five countries in the European Union with the largest increase in house prices. The second quarter did see a 10.2% drop in the number of homes sold compared to a year earlier.
Unemployment in Great Britain continued to fall to 3.5% in the three months through August, according to new figures released today by the U.K. Office of National Statistics ONS. The unemployment rate is 0.3% lower than a quarter earlier, marking the lowest level since 1974.
The price of oil for a barrel of West Texas Intermediate fell more than 1.6% yesterday to a price of $91.13. The drop is due to the general uncertainty in the market about, among other things, how the oil supply from Russia will develop with the European sanctions and a possible upcoming price cap in the European Union. In addition, it was revealed last weekend that China’s service sector has continued to shrink due to tighter corona measures which has added to concerns about the Chinese economy.
The 6M Euribor increased with 6 basis points to 1.90% compared to previous business day. The 10Y Swap increased with 13 basis points to 3.33% 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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