Market Information Monday 16 November 2020

Japan, China, South Korea, Australia and New Zealand and other countries in Southeast Asia, have signed a massive trade pact. The pact aims to lower trade tariffs in the region and create a free trade zone. Negotiations have lasted for eight years and with Sunday’s agreement the world’s largest trade pact was signed. The Asian stock markets showed solid gains on Monday.

Dutch private investors have become significantly more positive about the future development of the financial markets after the announcement of the victory of Joe Biden in the US presidential elections. While positive and negative sentiment were balanced in October, the optimists are now in the majority, according to a poll by online broker BinckBank.

The University of Michigan announced that, based on preliminary data, US consumer confidence in the economy fell in November to its lowest level since August. The mood is mainly depressed by the increasing corona infections in the United States.

The 6M Euribor increased with 1 basis point to -0.50% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.22% 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.