Exchange Rate in Netherlands
Netherlands - Exchange Rate
Economic growth was solid in the second quarter in defiance of the broader slowdown in the Eurozone, and despite heightened Brexit uncertainty and a gloomier global growth outlook. The expansion was powered by an acceleration in private consumption growth, on the back of a rock-solid labor market and rapid wage growth, while exports of goods and services growth also revved up, shrugging off global trade tensions. Fixed investment and government spending lost steam, however. Turning to the third quarter, the economy will likely slow on a tough base of comparison and soft external momentum, although fundamentals are still robust nonetheless. In July, annual hourly earnings growth reached a multi-year high and the unemployment rate hovered near one-decade lows, which should be underpinning private consumption. However, the manufacturing PMI was only just in positive territory in the same month, weighed on by lower new domestic and foreign orders.Netherlands - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | - | - | - | - | - |
Netherlands Exchange Rate Chart
Source: Thomson Reuters.
Netherlands Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.57 | 5.70 % | Sep 03 |
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 563 | -0.57 % | Sep 04 |
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Economic News
Netherlands: Consumer confidence turns pessimistic in September
September 19, 2019
Consumer sentiment soured in September, with the index dropping to minus 2 from 0 in August; yet, the index remained above the 20-year long-term average of minus 4.
Netherlands: Manufacturing PMI rises in August
September 2, 2019
Survey data suggests that the Dutch manufacturing sector improved in August, as the NEVI Netherlands Manufacturing PMI, produced by NEVI and IHS Markit, hit a three-month high.
Netherlands: Business sentiment stable in August
August 29, 2019
Manufacturing confidence was steady in August, with the sentiment index resting at July’s 3.9.
Netherlands: Consumer confidence deteriorates in August
August 21, 2019
The consumer confidence index fell from 2 in July to 0 in August, consequently falling from optimistic to neutral territory.
Netherlands: Dutch economy outperforms Eurozone average in Q2
August 14, 2019
Preliminary data showed that the economy expanded 0.5% quarter-on-quarter in Q2, matching the first quarter’s expansion, supported by rebounding domestic demand and a stronger external sector.
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