According to the European statistical office Eurostat, employment in the Eurozone has increased in the second quarter. Employment increased by 0.3% compared to the first quarter and with 0.8% compared to a year earlier. Across the European Union, employment increased by 0.2% on a quarterly basis and 0.9% on a yearly basis. Moreover, Portugal and Greece experienced strong increases in employment while Finland and the UK experienced a decline.
According to news agency Bloomberg, Credit Suisse might be fined USD 80 million in the United States. The Swiss bank would have to pay the fine because it has misled customers about the way its private trading platform works. Banks are obliged to inform users about the way these platforms function and with which parties these platforms interact. According to SEC, Credit Suisse has not complied with those rules.
The Dutch agricultural sector will possibly receive EUR 29.9 million from the European plan to accommodate farmers in need, according to proposals from the European Commission yesterday. The ministers of agriculture are in Luxembourg to discuss the issue. Last week, Brussels proposed a series of measures worth a total of EUR 500 million to help the sector.
The 6M Euribor remained unchanged at 0.04%. The 10Y Swap increased by 8 basis points to 1.09%.
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: firstname.lastname@example.org.
Managed by Sluijmer Multimedia and hosted by True.