Market Insights
Market Information Thursday 24 August 2023
European consumer confidence fell again in August, according to data from the European Commission. The confidence index was -16.0 in August, down from -15.1 in July.
Investments in Dutch tangible fixed assets, increased by 7% in June, compared to last year. Companies mainly invested more in transport equipment, machinery, infrastructure and buildings. The figures have not been adjusted for variations in the number of working days, while June had one more working day in 2023.
On Wednesday, crude oil prices fell for the third consecutive day. West Texas Intermediate oil futures for October closed 0.9% lower at USD 78.89. It was also announced that US crude oil inventories fell 1.4% last week, from the week before that.
The 6M Euribor increased with 1 basis point to 3.95% compared to previous business day. The 10Y Swap decreased with 12 basis points to 3.11% compared to previous business day.
In the attachment, today’s market data on money and capital market rates as well as other rates are presented.