China will keep its annual import quota on wheat, corn and rice unchanged, according to Chinese press bureau Caixin, which quoted the Chinese vice agriculture minister. As part of the trade agreement with the United States, China promised to buy billions of dollars more of American agricultural products. This promise led to speculation of an increase of the annual import quota of 1%. China shows its policy is to protect its farmers by not increasing the quote.
The construction sector in the Netherlands will decrease by 2% in 2020, according to a report from ABN AMRO. The decrease is a direct consequence of the government policies on the emissions of nitrogen and on the transportation of soil that contains toxic PFAS chemicals. The new regulations hinder the construction sector in their work. ABN AMRO expect stabilization for 2021, dependent on the cabinet’s policy.
Producer prices in the Eurozone increased by 0.2 percent in November compared to the previous month, according to figures published by the European statistics bureau Eurostat. In October prices remained unchanged compared to the previous month.
The 6M Euribor is unchanged at -0.32% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.11% 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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