Market Information Tuesday 24 January 2023

Eurozone consumer confidence continued to improve in January. Preliminary figures from the European Commission showed that the index, which reflects confidence, improved to -20.9 this month from -22.3 in December.

Oil prices fell back on Monday compared to earlier in the day. At a settlement of $81.62, a barrel of West Texas Intermediate ended up 2 cents lower. According to CMC Markets market, the resumption of travel in China has fueled expectations of higher demand as the economy rebounds from the Covid-19 lockdowns. Furthermore, CMC also pointed to restrictions on Russian energy.

Dutch pensions increased on average 7.18% as of 2023, after years with little or no increases. Higher capital, temporary rules and social pressure made pension fund managers opt for exceptionally high indexations at a time of high inflation.

The 6M Euribor increased with 4 basis points to 2.90% compared to previous business day. The 10Y Swap increased with 5 basis points to 2.79% 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.