German exports increased by 9.0% MoM in May compared to the previous month, according to figures published by the German statistics agency Destatis. After a sharp decrease in March and April, due to the corona crisis, exports are slowly recovering. In April, exports decreased by 24.0% MoM. Imports increased by 3.5% MoM in May compared to -16.6% in April.
According to Statistics Netherlands (CBS), 35.1% of all self-employed workers (1.26 million) declines below the level of financial resources if their income is lost for a full year. This is evident from a simulation based on the income data of self-employed persons for the year 2018. During the current crisis, the risk of self-employed persons losing their assignments has increased drastically.
Next Monday the Dutch state wants to raise EUR 2 to 4 billion with the reopening of two loans. This has been announced by the Agency of the General Treasury of the Ministry of Finance (DSTA). These are short-term loans, until January 28, 2021 and June 29, 2021.
The 6M Euribor is unchanged at -0.31% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.17% 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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