Market information Wednesday August 26th 2015

In June 2015, the world’s trading volume has increased 2.0% while analysts expected a decline of 1.2%. Over the entire second quarter of 2015, the volume decreased with 0.5% while there was a decrease of 1.5% over the first quarter. Furthermore, the worldwide industrial production increased with 0.7% in June.

The People’s Bank of China (PBoC) has reduced interest rates for the fifth time since November last year. The PBoC has reduced its reserve requirements for banks so they can issue new loans. The interest rate has been lowered by 25 basis points to 4.6% for funds with a maturity of one year. The deposit rate for one year is also reduced by 25 basis points to 1.75%.

The number of mortgage providers active on the Dutch market has significantly increased in 2014. Five, mainly foreign players are entering the Dutch market. The British investor Venn Partners wants to invest EUR 2 billion per year in the Dutch mortgages market whereas the total market has a size of roughly EUR 600 billion.

The 6M Euribor remained unchanged at 0.04%. The 10Y Swap increased with 6 bp to 1.02%.

In the attachment below, 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: