Figures of the European statistical agency Eurostat showed that economic growth in the Eurozone in the second quarter of 2015 was higher than expected. Increased exports and higher consumer spending are mentioned as reasons. On average, exports rose by 1.6% and households spent 0.4% more relative to the first quarter of this year. The economic growth of the 19 euro countries averaged at 0.4% in the second quarter of 2015.
Figures from the Japanese statistical office showed that the Japanese economy contracted less sharply than previously expected in the second quarter. The Japanese economy shrank an annualized 1.2%, while economists had predicted a contraction of 1.8%. The windfall was mainly caused by the buildup of inventories.
The number of bankruptcies in the Netherlands has reached its lowest level since October 2008. That is reported by the Central Bureau of Statistics. In May 2013, the number of bankruptcies in Holland reached a peak, but there has been a downward trend ever since. Excluding one-man businesses, the total number of bankruptcies was 208 in August.
The 6M Euribor remained unchanged at 0.04%. The 10Y Swap increased by 2 basis points to 1.02%.
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