According to the European Commission the economies of France, Italy and Portugal have excessive economic imbalances. Yesterday the European Commission published a report, in which 18 countries were reviewed. Especially the situation in France and Italy worries the European Commission. The imbalances are partly caused by high levels of indebtedness and deteriorating competitiveness. If Italy and France do not act decisively, the imbalances may have cross border effects.
Europe’s top five investment banks are now making less than half as much revenue as the top five US operators. According to the Financial Times, the US operators beat their European rivals on almost every financial measure last year.
According to Statistics Netherlands (CBS) the number of bankruptcy filings in the Netherlands increased in February, compared to January 2016. Last month 453 companies and institutions were declared bankrupt, an increase of 82.
The 6M Euribor remained unchanged at -0.14%. The 10Y Swap increased by 3 basispoints to 0.60%.
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: email@example.com.
Managed by Sluijmer Multimedia and hosted by True.