Consumer confidence in Belgium at a highest point since last October

CONSUMPTION : consumer confidence in Belgium at a highest point since last October (looks like jobless people do not count) and the sentiment about future evolution has improved significantly too. This has to be put in parallel with what is happening to stock markets.

VIX : now under the 30 level. Another piece of good news!
BANKS : ABN-FORTIS might reduce staff count by 4000 to 5000. No big surprise !

VIX is now under the 30 level at 28.8. Gold is up at 927.6 USD per oz and the oil price (BRENT CRUDE SPOT) stable at 58.6 USD. The USD is unchanged against the EUR at 1.36. 10-2 years spread is at 1.87. The 5y CMS stands at 2.70 and the 3y at 2.07.

 

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