US import prices fell slightly more than expected in November. This was revealed on Wednesday by figures from the US Department of Labour. Import prices fell 0.6% month-on-month in November, following a revised 0.4% drop in October. Analysts had been counting on a 0.2% decrease for November. Export prices fell 0.3% month-on-month in November, after a revised 0.4% drop in the previous month. Earlier, a decline of 0.3% was measured. On a year-on-year basis, import and export prices were 2.7% and 6.3% higher in November.
Eurozone industry produced less in October than a month earlier. This was revealed by Eurostat figures on Wednesday. Production fell 2.0% in October compared to September. In Belgium, output was also down 2.0% and in the Netherlands 1.5%. On a year-on-year basis, production in the eurozone did rise in October, by as much as 3.4%.
Crude oil stocks in the United States rose sharply last week. This was revealed on Wednesday by figures from the US energy agency EIA. In the week ending 9 December, crude oil stocks rose by 10.2 million barrels to 424.1 million units. Gasoline stocks rose by 4.5 million barrels to 223.6 million barrels. Fuel oil and diesel stocks rose by 1.4 million barrels to 120.2 million units. Refineries’ capacity utilisation stood at 92.2 per cent. That was 95.5 per cent a week earlier.
The 6M Euribor decreased with 5 basis points to 2.48% compared to previous business day. The 10Y Swap decreased with 4 basis points to 2.60% 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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