Market Information Tuesday 17 January 2023

Oil prices slipped on Monday but were holding near their highest this month as easing COVID restrictions in China raised hopes of a demand recovery in the world’s top crude importer. Brent crude fell 76 cents, or 0.89%, to $84.52 a barrel.

Gas prices have plummeted further on the Amsterdam wholesale market. On Monday afternoon, the price for a megawatt-hour of gas to be delivered in February was €55.91, almost 13% below last Friday’s closing level. This was the lowest price for gas since September 2021.

Canadian home sales rose 1.3% in December from November and were down 39.1% on an annual basis, data from the Canadian Real Estate Association showed on Monday. The industry group’s Home Price Index fell 1.6% on the month and was down 7.5% annually, while the national average selling price was down 12% on the year.

The 6M Euribor increased with 6 basis points to 2.88% compared to previous business day. The 10Y Swap is unchanged at 2.72% 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.