Market Information Monday 18 November 2019

Eurostat published final figures that show that Eurozone inflation decreased to 0.7% on an annual basis in October 2019, compared to 0.8% on an annual basis in September. Core inflation, which excludes the impact of fluctuating energy and food prices, increased to 1.1% on an annual basis in October, compared to 1.0% in September.

The Dutch market for financing through crowdfunding is still growing. This year more than EUR 275 million has already been raised through this alternative form of financing. Last year, EUR 265 million was raised. These amounts are based on crowdfunding platforms that are registered with the Financial Markets Authority.

The International Energy Agency (IEA) expects an increase in oil supply next year. This will be caused by higher production from countries outside the OPEC oil cartel, such as the United States and Brazil. The IEA expects that the oil production from countries outside OPEC will increase by 2.3 million barrels per day next year. OPEC and its allies will meet on 5 and 6 December, to further limit the production in order to support oil prices.

The 6M Euribor increased with 1 basis point to -0.33% compared to previous business day. The 10Y Swap increased with 2 basis points to 0.08% 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.