Market Insights
Market Information Monday 23 December 2024
Shortly after midnight on Saturday, the U.S. Senate approved a budget agreement that prevents a government shutdown. Earlier this week, Donald Trump and Elon Musk pressured Republicans to reject a previous version, but they have now backed the current deal. The agreement removes several controversial non-financial policy measures, including restrictions on Chinese investments, which Democrats claim benefit Musk’s interests.
The Amsterdam stock exchange experienced a significant decline last week, triggered by the Federal Reserve’s adjustment of interest rate expectations for 2025. Closing at 875.44 points on Friday, the AEX recorded a 2.0% loss compared to the previous week.
Colombia’s central bank lowered its benchmark interest rate by 25 basis points to 9.5% on Friday, which is less than markets had anticipated. This smaller reduction reflects concerns about domestic fiscal uncertainties and global monetary decisions.
The 6M Euribor decreased with 3 basis points to 2.62% compared to previous business day. The 10Y Swap decreased with 2 basis points to 2.30% 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.