The Dutch Central Bank (DNB) reports that they expect growth of the Dutch economy to decline because of the continuing trade war. DNB predicted a growth rate of 1.7% on a yearly basis for both 2019 and 2020. The revised prediction is a growth rate of 1.6% in 2019 and 1.5% in 2020.
The British Office for National Statistics reports that British unemployment remained stable on 3.8% in the period between February until April 2019. In the same period, the salaries have increased with 3.4% on a yearly basis.
Statistics Netherlands reports that in May 2019, less companies went bankrupt compared to the month before. In May 247 companies went bankrupt, in April 266 bankruptcies were filed. Most bankruptcies were filed in the hospitality industry, in percentage term.
The 6M Euribor is unchanged at -0.26% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.27% 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.
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