The US House of Representatives has agreed to President Donald Trump’s demand for more valuable support checks. The $ 900 billion corona stimulus package was approved in Congress last week. Trump initially refused to sign the deal but eventually gave in to political pressure. The president did demand that both the House of Representatives and the Senate still vote on his proposal to increase the value of the support checks. Now that the Democrat-dominated House of Representatives has passed, the bill has moved to the Senate for judgment.
After seven years of negotiations, the European Union and China are likely to sign an investment treaty this year. Last week, China was still reluctant, but a government spokesman on Tuesday expressed the hope of a quick signing. During a meeting on Monday, EU representatives asked the European Commission to finalize the deal this year. The agreement is intended to ensure access to the Chinese market and a level playing field, but negotiations have also taken place to ban forced labor and protect the climate.
The selling prices of the Dutch manufacturing industry were on average 4.5 % lower in November than in November 2019, according to Statistics Netherlands (CBS). The lower prices are to a large extent related to the lower crude oil prices. In October, products in the manufacturing industry were 4.9 % lower than a year earlier. On a monthly basis, an increase of prices was reported.
The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap decreased with 1 basis point to -0.26% 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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