Market Information Monday 27 January 2020

The fear that the outbreak of the corona virus in China is more difficult to contain than hoped for and the rapidly rising death toll caused the Japanese stock exchange to start at a substantial loss on Monday. Companies in the tourism sector in particular were under pressure from the expectation that people will start traveling less because of the virus. At least 80 people have died in China as a result of the virus. Infections have also been observed in Japan, South Korea, France, Canada, the United States and Thailand. This has led to an increase in the number of infections to more than 2,700.

According to ING’s monthly confidence indicator, the confidence of Dutch private investors increased in January 2020 compared to December 2019. The confidence indicator for January 2020 was 131 points against 128 points in December 2019. Confidence is supported by optimism about the general economic situation and the expectation that this trend will continue.

According to a preliminary study by Statistics Netherlands (CBS), Dutch consumers spent EUR 455 million in foreign web stores in the European Union in the third quarter of 2019. This is over 20% more than in the third quarter a year earlier, EUR 380 million was spent at European web stores. The figures are exclusive of VAT and calculated according to an experimental method.

The 6M Euribor increased with 1 basis point to -0.32% compared to previous business day. The 10Y Swap decreased with 3 basis points to 0.03% 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.