Market Information Thursday 19 December 2019

The American House of Representatives has voted by 230 to 197 in favour of the official opening of the dismissal procedure for President Donald Trump for abuse of power. Trump is the third of the 45 presidents that the United States has had to undergo a dismissal procedure. The Senate, in which the Republicans have the majority, will decide on further steps. It is not yet clear when the Senate will commence the procedure.

The European Statistical Office Eurostat reported that inflation in the eurozone increased to 1% year-on-year in November, from 0.7% in October. Core inflation in November (without the impact of volatile energy and food and beverage prices) was confirmed at 1.3%. For the European Union as a whole, inflation increased to 1.3% from 1.1% a month earlier.

According to Statistics Netherlands (CBS), the number of unemployed people in the Netherlands increased by an average of 1,000 per month over the past three months to 324,000 in November. As a proportion of the labour force, unemployment was 3.5%. At the same time, the number of working people increased by an average of 12,000 per month over the past three months. In November, 9 million Dutch people were employed.

The 6M Euribor is unchanged at -0.34% compared to previous business day. The 10Y Swap increased with 4 basis points to 0.15% 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.