Market Information Wednesday 10 January 2024

The US trade deficit decreased in November, according to data released on Tuesday by the U.S. Department of Commerce. The deficit decreased from $64.5 billion in October to $63.2 billion in November, surpassing analysts’ expectations of $64.7 billion. Exports fell by 1.9% to $253.7 billion, while imports also declined by 1.9% to $316.9 billion. A trade deficit of $15.6 billion with the European Union was reported and a deficit of $21.5 billion with China. However, both deficits decreased in November.

On Tuesday, the DSTA reported that the Netherlands raised €2.075 billion through the reopening of a loan maturing in early 2030. The loan has a maturity date of January 15, 2030, and offers a yield of 2.334%. The outstanding amount under the loan is €9.875 billion.

In November, unemployment in the eurozone decreased, as reported by the statistical agency Eurostat on Tuesday. Unemployment dropped from 6.5% in October to 6.4% in November. In November 2022, the unemployment rate was 6.7%.The 6M Euribor increased with 2 basis points to 3.93% compared to previous business day. The 10Y Swap increased with 6 basis points to 2.64% 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.