Market Information Tuesday 14 November 2023

Equity markets in Europe ended higher yesterday. The AEX closed 0.95% higher at 753.410. Furthermore, the Stoxx Europe 600 closed at 446.62, the German DAX at 15,345.00, the French CAC 40 7,087.06 and the British FTSE closed at 7,425.83 points. These are gains of 0.8%, 0.7%, 0.6% and 0.9% from the previous trading day, respectively.

Most stock markets in Asia opened mostly higher today. Investors are somewhat cautious as new talks between the U.S. and China are scheduled for tomorrow. On Wednesday, Joe Biden and Xi Jinping will meet for the first time in a year. Furthermore, investors are still awaiting a U.S. inflation figure. Japan’s Nikkei 225 opened this morning at 32,726.19 the Shanghai Stock Exchange opened at 3,049.72 and the Hong Kong Stock Exchange opened at 17,400.11, this corresponds to an increase of 0.4%, an increase of 0.1% and a decrease of 0.15, respectively.

Oil prices rose again yesterday. The price of a barrel of West Texas Intermediate increased 1.4% at $78.26. The increase was caused by OPEC revising its expectations for global oil demand this year. Oil demand is expected to increase by 2.5 million barrels per day. The 2024 demand forecast remained unchanged at an increase of 2.2 million barrels per day.

The 6M Euribor increased with 1 basis point to 4.07% compared to previous business day. The 10Y Swap decreased with 1 basis point to 3.18% 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.