The average daily industrial production in the Netherlands was 6.8 percent lower in September than in the same month a year earlier, as reported by Statistics Netherlands (CBS). After three months in which the decline was getting smaller, there was a larger drop in production again in September. Statistics Netherlands provides no specific cause for the stronger contraction. The emergence of the second wave of the coronavirus may play a role, with measures to tackle the spread of the virus both domestically and abroad.
The stock exchange in Japan kicked off the new trading week with a solid gain on Monday and its highest level in nearly three decades. Investors responded positively to Democrat Joe Biden’s election victory, who officially claimed profits from President Donald Trump last Saturday. The Nikkei in Tokyo ended with a gain of 2.1 percent on 24,839.84 points. The Japanese main index thus reached the highest level since November 1991.
The employment level in the United States grew at a lower rate last month compared to September. However, employment growth exceeded expectations. The US Department of Labor announced that in October 638,000 jobs were added excluding the agricultural sector. Economists had generally expected an increase of 593,000 jobs.
The 6M Euribor increased with 1 basis point to -0.51% compared to previous business day. The 10Y Swap increased with 2 basis points to -0.26% 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.
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