Eurozone consumer confidence weakened again in November. The consumer confidence index fell to 6.8 points negative after previous declines. In October the index still stood at minus 4.8, and in September this year minus 4.0 points. Consumer confidence also deteriorated significantly in the Netherlands, with the confidence index reaching minus 19 versus minus 10. The lowest point ever was reached in 2013 at minus 41 points.
The Bundesbank anticipates that German inflation could rise to almost 6 percent in November. In October inflation was still 4.6 percent. However, it is expected that inflation will be lower again from January 2022.
The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap increased with 3 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.
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