This morning the stock markets continued to fall in China. The stock market index stood at a decline of almost 8%. Yesterday, the Shanghai Composite Index decreased 8% after a 12% decline from last week. Today, some stock markets in Asia seems to be recovering. Due to futures in the United States the stock markets increased in Taiwan, Korea and Australia.
Yesterday, the stock exchange in Amsterdam opened in a decline. During the day, the main index stood at a decrease of 9%. The AEX closed with a decrease of 5.2% at 419.7 points. Corrections in the stock market hampered the economic recovery of the eurozone.
Due to the current situation in the financial markets, the euro/dollar rate has increased to its highest level since February. The euro cost more than USD 1.17. Thus, the euro increased 2.4% against the dollar.
The 6M Euribor remained unchanged at 0.04%. The 10Y Swap remained increased with 3 bp to 0.96%.
In the attachment below, 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.
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