Market Insights
Market Information Monday 11 December 2023
In October, the Dutch industry significantly reduced its production, witnessing an annual decline of 11.1%. Most sectors experienced decreases, notably the chemical industry, while machine repair and installation showed an increase. On a monthly basis, production decreased with 0.5%.
In November, U.S. employment exceeded expectations with a growth of 199,000 jobs. Unemployment dropped to 3.7%, while hourly wage growth and annual earnings remained on track. Revised job figures for September and October were adjusted to 262,000 and 150,000, respectively.
German inflation dropped in November to 3.2% annually, down from October’s 3.8%. Monthly, prices declined by 0.4%, compared to a stable level earlier.
The 6M Euribor is unchanged at 3.95% compared to previous business day. The 10Y Swap increased with 7 basis points to 2.74% 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.