Market information Wednesday 25th of May, 2016

In its World Trade Monitor, the Netherlands Bureau for Economic Policy Analysis (CPB) reports that the volume of world trade fell by 0.5% in March 2016 compared to February 2016. In February 2016, the CPB reported an increase of 1.3% compared to January 2016. Especially developed economies presented lower trade volumes, while trading volumes of emerging economies were up.

Yesterday, the U.S. Commerce Department reported that U.S. new home sales rose with 16.6% from 531,000 in March 2016 to 619,000 in April 2016. This is the highest level since January 2008.

Figures published by Statistics Netherlands (CBS) show that total revenue of the Dutch industry in the first three months of 2016 is down by 4.3% compared to the first quarter of 2015. While industrial production has been growing for five months in a row, revenues of industrial companies are under pressure due to lower selling prices. In the first quarter of 2016, prices were on average 6.2% lower compared to the first quarter of 2015.

The 6M Euribor remained unchanged at -0.14%. The 10Y Swap decreased with 1 basispoint to 0.57%.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: update@zanders.eu.