Market Insights
Market Information Tuesday 12 December 2023
Consumer goods and services were 1.6 percent more expensive in November compared to the same month a year earlier. This was reported by the Central Bureau of Statistics (CBS) based on final figures, which are consistent with the earlier reported quick estimate. This marked a return to price increases after deflation in October when the average price level dropped by 0.4 percent.
On Monday, Wall Street closed higher, heading towards the Fed decision later this week. Tesla and Apple are experiencing a pullback. The AEX index has continued its upward trend, with tech companies Adyen and ASML particularly seeing gains.
This morning, it was announced that the Dutch government intends to further reduce its stake in ABN Amro. The ABN AMRO stock is currently trading around its lowest level of the year, and the sale is expected to have a negative impact on the stock price. No specific timeframe has been set for the completion of the sale.
The 6M Euribor decreased with 1 basis point to 3.94% compared to previous business day. The 10Y Swap increased with 1 basis point to 2.75% 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.