Market Insights
Market Information Friday 30 August 2024
In August, Dutch consumer prices rose by 3.6 percent year-on-year, a slight decrease from 3.7 percent in July, according to preliminary figures from Statistics Netherlands.
In the second quarter of 2024, the US economy grew by 3.0 percent, faster than the previously estimated 2.8 percent, according to final figures from the Department of Commerce. The growth for the first quarter remained unchanged at 1.4 percent. The PCE inflation for the quarter was revised down from 2.6 to 2.5 percent, and core inflation was adjusted from 2.9 to 2.8 percent.
In August, German consumer prices rose by 1.9 percent year-on-year, less than the expected 2.1 percent and down from 2.3 percent in July. On a monthly basis, prices fell by 0.1 percent, against an expected rise of 0.1 percent. Core inflation slightly decreased from 2.9 to 2.8 percent, while energy prices fell by 5.1 percent year-on-year.
The 6M Euribor is unchanged at 3.39% compared to previous business day. The 10Y Swap increased with 2 basis points to 2.52% 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.