Market Information Wednesday 15 January 2020

Figures from the US government show that inflation in the United States increased to 2.3% year-on-year in December, compared to 2.1% in November. Economists expected inflation to reach 2.4%. Core inflation, excluding fluctuating energy and food prices, was stable at 2.3%.

According to Statistics Netherlands (CBS), the volume of goods exports in November 2019 was 4.1% higher than in November 2018. The volume of goods exports was particularly higher for petroleum products and machinery. The volume of imports was 6.3% higher in November than a year earlier.

CBS reports that the retail trade turnover in November 2019 was 2.6% higher than in November 2018. The volume of sales was 1.4% higher. Both the food and non-food sectors reported increased revenues. In addition, online revenues were 6.5% higher.

The 6M Euribor increased with 1 basis point to -0.32% compared to previous business day. The 10Y Swap is unchanged at 0.19% compared to previous business day.