Statistics Netherlands has reported that the volume of exports in July 2019 was 1% higher than in the same month a year earlier. The growth rate is about the same as in June 2019. In July, exports of chemical products, machinery and food products grew, while exports of electrical equipment decreased. The volume of imports was 3.3% higher in July 2019 compared to July 2018.
The German federal statistics agency Destatis has announced that inflation in Germany has fallen from 1.7% in July 2019 to 1.4% in August 2019. This figure is in line with previous estimates. Based on the harmonised European measurement method, inflation stood at 1.0% in August, compared to 1.1% in July.
Press agency Bloomberg has reported that China is considering allowing the import of American agricultural products again without restrictions. The suspension of trade restrictions would be a sign of goodwill to the United States in the run-up to the upcoming resumption of trade talks. Earlier, President Trump had already announced that he would postpone new import duties, which would take effect on 1 October, until 15 October. Negotiations on a new trade agreement are expected to resume in Washington next week.
The 6M Euribor is unchanged at -0.41% compared to previous business day. The 10Y Swap is unchanged at -0.13% 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.
Managed by Sluijmer Multimedia and hosted by True.