Statistics Netherlands (CBS) reports that investments in tangible fixed assets increased by 4.2 percent on an annual basis in January 2016 compared to January 2015. According to the Statistics Netherland’s Investment Radar the investment climate of the Netherlands in March 2016 is slightly less positive than in January 2016.
US home sales fell sharply in February 2016. While the US economy has been resilient to the global economic slowdown, the decline in home sales may be a troubling sign. In February the number of unsold homes increased with 3.3 percent compared to January 2016.
Richmond Fed president Jeffrey Lacker said that the Fed expects US inflation to move this year towards the Reserve’s 2.0 percent target. In addition, Atlanta Fed president Dennis Lockhart announced that the Fed contemplates an interest rate hike as soon as April.
The 6M Euribor remained unchanged at -0.13%. The 10Y Swap increased with 2 basispoints at 0.59%.
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