Market Information Wednesday 23 September 2020

Consumer confidence in the eurozone improved slightly in September 2020 compared to August 2020. This follows from preliminary figures published by the European Commission on Tuesday. The index representing confidence increased to negative 13.9 in September 2020 from negative 14.7 in August 2020. In July 2020, the index level was negative 15.0.

A second estimate by Statistics Netherlands (CBS) shows that the gross domestic product (GDP) in the Netherlands decreased by 8.5 percent in the second quarter of 2020 compared to the first quarter of 2020. On an annual basis, the GDP decreased by 9.4 percent. In the first estimate, the CBS reported a decrease of 9.3 percent on an annual basis.

The purchasing managers index in Japan decreased to 45.2 in September 2020, from 45.8 in August 2020. This follows from preliminary figures published by Markit Economics and Jibun Bank on Wednesday. At the start of the corona crisis, the index was still at 21.5. An index position above 50 indicates growth, while a position less than 50 indicates shrinkage.

The 6M Euribor is unchanged at -0.47% compared to previous business day. The 10Y Swap increased with 1 basis point to -0.23% 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.