Market Information Wednesday 7 April 2021

The Global Financial Stability Report (GFSR) shows that rising interest rates in the United States could lead to capital outflows from emerging markets into the US. The economic recovery in emerging markets is believed to be slower than in developed markets. This is due to delays in vaccination schemes and rising debt burdens. Should the outflow of capital take place on a large scale, financing conditions in emerging countries could deteriorate considerably, according to the International Monetary Fund (IMF).

The International Monetary Fund (IMF) expects the global economy to grow at 6% in 2021. This is a significant difference from the previous assessment, when global economic growth was estimated at 5.2%. However, growth in Europe is lagging other economic superpowers, such as China and the United States.

Dutch companies appear to be insufficiently resilient against cybercrime, according to a report by the Cyber Security Council (CSR). Even the most critical threats cannot be averted at present. It is striking that this also applies to companies that are active in vital processes, such as payment traffic and the electricity grid.

The 6M Euribor is unchanged at -0.51% compared to previous business day. The 10Y Swap is unchanged at 0.04% 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.