Market Information Friday 20 November 2020

The Leading Economic Indicators (LEI) index for the US economy increased by 0.7 percent in October 2020 to 108.2. In September 2020, the index also increased by 0.7 percent. The LEI index is a business cycle indicator that shows the development of the economy in the coming six months.

Figures from the US Department of Labor show that 742,000 Americans filed for social assistance benefits in the week ending November 14, 2020. This is an increase compared to the week before, when 711,000 applications were submitted. Economists had expected 710,000 new unemployed.

Consumer confidence in the Netherlands increased slightly in November 2020 compared to October 2020, according to Statistics Netherlands. The index representing confidence increased to negative 26 in November 2020 from negative 30 in October 2020. An index of negative 26 was still well below the average of 7 negative over the past 20 years.

The 6M Euribor is unchanged at -0.51% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.24% 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.