Market information Tuesday December 15th 2015

Oil prices keep decreasing. Yesterday, the price of a barrel American oil declined by more than 2% to USD 34.78. This latest fall in oil prices is most probably caused by Iran. Iranian officials stated that Iran will increase their oil export despite of the oversupply of oil and the decreasing oil prices.

Yesterday, the European statistics agency Eurostat announced that the industrial production in the Eurozone increased with 0.6% in October compared to September. The Dutch industrial production increased with 4.3% compared to the previous month. The highest increase in industrial production was measured in Lithuania where the industrial production increased with 11.3%.

In the third quarter of 2015, the number of people who lost their jobs is at the lowest level since the start of the economic crisis in the Netherlands in 2008, according to Statistics Netherlands (CBS). Approximately 96 thousand people lost their jobs in the third quarter of 2015, equivalent to 1.1% of total employment in the Netherlands.

The 6M Euribor remained unchanged at -0.04%. The 10Y Swap increased with 1 basis point to 0.92%.

In the attachment, 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: