Eurostoxx +0.3%Germany DAX +0.4%France CAC 40 +0.4%UK FTSE -0.1%Spain IBEX -0.5%There is some light optimism observed but it belies the more tentative mood overall. Be mindful that European stocks will close today before the FOMC meeting, so sentiment post-Fed will matter for tomorrow’s start.For no

Prior 98.2

The headline reading belies some of the pessimistic details in the report. The uncertainty index slipped a further 4 points to 63 last month while expectations fell by 1 point to -38. The latter ties a 48-year record low reading.
Of note, small businesses are said to be downbeat

That’s a modest turnaround on the session as buyers push back above 1.1300. Of note, they have also breached the key hourly moving averages @ 1.1296-00. That sees the near-term bias shift back in favour of buyers for now.

The chart above may seem like buyers are making a play but there are stil

Meanwhile, Nasdaq futures are the laggard being down 0.7% on the session.The mood today has some similarities to trading sentiment yesterday, where stocks fell late on. As mentioned earlier in the day, the key focus this week is still on the Fed and other major central bank meetings.Until we get to

To create a suitable monetary, financial environment to maintain economic operations in a reasonable rangePrudent monetary policy should be flexible, moderateLiquidity should be reasonably abundantThe headline remark is perhaps a notable one after they stepped in to curb yuan appreciation last week

Prior -0.2%
Industrial production +3.3% vs +3.0% y/y expected
Prior +5.2%

A light bounce in euro area production, owing to rises in capital and consumer goods. This is a bit of a lagging data point though as it pertains to October. So, there isn’t much to really extrapolate from this

The idea this is a milder version of the virus is something we need to set asideWill not refuse to rule out further restrictions before ChristmasOne can argue that with omicron being widespread, it was only a matter of time. The news is still unfortunate regardless. There are no details provided on

Lindner says that the decision is not yet taken on who will succeed Weidmann but the government would announce its proposal soon. Speaking to reporters in Berlin, he says that:“Today he (Weidmann) will officially say goodbye at the G7 conference. And very soon after that, the federal government will

Brent crude oil has added more than 8.5% over the past week. We have seen an impressive increase in buying on a temporary decline below the 50-week moving average. From the tech analysis side, Crude oil has so far managed to stay within the bullish trend that has been in place since last November

The greenback continues to keep in a firmer spot so far on the day as outlined here:Dollar holds slightly firmer to start the sessionUSD/JPY still lacking poise, all eyes on the FedBut that looks to be more to do with the ebb and flow of things as other asset classes are reflecting more mixed tones.