Market Information Thursday 10 December 2020

Dutch industrial production decreased by 3.7% in October 2020, compared to October 2019. According to Statistics Netherlands (CBS), this is the smallest contraction since May 2020. Average production decreased by 12.0% in May. The machinery industry declined most.

Unemployment in the Organization for Economic Cooperation and Development (OECD) area continued to decrease in October 2020. Unemployment in the 37 countries was 7.1% in October, compared to 7.3% in September. In February, before the outbreak of the virus, the unemployment rate was 5.2%.

Research agency Kantar reports that the number of private investors in the Netherlands increased significantly in 2020. In total, the number of households that invests is 1.75 million, an increase of 17.0% compared to last year. These figures are based on a representative sample of approximately 38,000 households. Financial institutions have already noted that there are substantially more new customers. Many private individuals saw the corona virus as an opportunity to achieve good returns, while savings interest rates are historically low.

The 6M Euribor decreased with 1 basis point to -0.52% compared to previous business day. The 10Y Swap is unchanged at -0.27% 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.