Market Information Wednesday 18 August 2021

The Dutch economy has left the corona crisis behind. In the second quarter, the economy grew by 3.1% compared to the previous quarter. But despite that recovery, the Dutch economy is still not at its pre-pandemic size. In the first three months of the year, the economy shrank by 0.8%. According to new figures presented by Statistics Netherlands (CBS) on Tuesday, that contraction has come to an end in the second quarter.

European stocks sank to their lowest in a week on Tuesday as a spike in COVID-19 cases in Asia and elsewhere raised fears of a slowdown in global economic growth. The pan-European STOXX 600 shed 0.5%, falling for a second straight session after the index marked its longest winning streak in over a decade.

Retail sales in the United States fell by 1.1% in July compared to increasing retail sales in June. The decline was stronger than economists had expected. In addition, US industrial production increased slightly more than expected last month, which is 6.6% above the same month a year earlier.

The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap is unchanged at -0.10% 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.