Figures published by Statistics Netherlands (CBS) show that investments in property, plant and equipment have increased by 8.9% in May 2019 compared to May 2018. Investments were also higher than the previous month. Investments in May were primarily higher in housing, industrial and commercial buildings, transport and machines compared to a year ago. According to the CBS, conditions for investments are less favourable in July than in May.
Figures from Statistics Netherlands and the Kadaster show that prices of houses for sale were 7% higher in June 2019 compared to June 2018. The increase is smaller than in the previous two years. The number of houses sold decreased by 16% compared to June 2018. In the first half of 2019, sales decreased by 5%.
The United States government and leaders from Congress have reached an agreement on the budget and a higher borrowing limit. This should remove the threat of a government shutdown for the next two years. The limit will be several billions higher according to the agreement. The United States budget deficit might reach the one trillion dollar mark next year.
The 6M Euribor is unchanged at -0.35% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.10% 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.
Managed by Sluijmer Multimedia and hosted by True.