Market information Wednesday April 20th 2016

Yesterday, Statistics Netherlands (CBS) reported that the volume of investments in tangible fixed assets grew by 16.7% in February 2016 relative to February 2015. Statistics Netherlands explains that most of the growth can be attributed to the increase of investments in residential property. Investments in airplanes, infrastructure and machinery also increased.

Tuesday, German research institute ZEW reported that confidence in the German economy is increasing among investors. In April, the ZEW index rose from 4.3 to 11.2. Economists had predicted an increase to 8.0 points. Although the index is higher than expected, research institute ZEW indicates that sentiment is depressed by continuing poor economic growth in China and concerns about a possible Brexit.

The pace of US home building in March 2016 fell by 8.8% compared to February 2016. According to the US Commerce Department, building activity is at its lowest level since October 2015.

The 6M Euribor remained unchanged at -0.14%. The 10Y Swap increased with 1 basispoint to 0.56%.

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: