Consumers in the Netherlands are still gloomy, but slightly less than last month. Consumer confidence came in at -5 in September, compared to -6 in August. This is reported by the Central Bureau of Statistics (CBS) on Wednesday morning. The index is still above the average of -8 over the past twenty years.
Spain’s economy has increased its pace of recovery. This prompted the Organization for Economic Cooperation and Development (OECD) to improve its 2021 forecast of Spain’s economic growth to 6.8%. The Bank of Spain also increased its 2021 forecast to 6.3%, although it said uncertainties due to the pandemic remain. The Spanish government is expected to return to pre-pandemic activity by the end of 2021.
The Institute for Fiscal Studies published a report that says job opportunities remain below pre-pandemic levels for a quarter of the U.K. workforce. The report suggests more slack in the labor market than official estimates show. Demand for low-paying jobs is strong, while vacancies for higher-paying jobs is still at least 10% below pre-pandemic levels. Unemployment fell to 4.7% in the quarter through July, the lowest in almost a year.
The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.06% 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.
Managed by Sluijmer Multimedia and hosted by True.