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CFD Markets News and Forecasts — 21-11-2012
The euro rose against most of the 16 most traded currencies on speculation that European finance ministers are close to finalizing a bailout package for Greece.
The yen fell to a six-month low against the euro after the volume of Japanese exports recorded a fifth monthly fall, undermining demand for assets in the country. According to data from the Ministry of Finance, the level of exports fell by 6.5% in October, compared with the previous year, resulting in a trade deficit amounted to 549 billion yen. Note that many analysts had expected a deficit of 360 billion yen.
The single currency rose to its highest level in almost two weeks against the dollar after falling earlier in deficiency of Ministers to complete the transaction on the Greek question. But later the currency regained its losses as the finance ministers said that the next meeting to discuss the aid package for Greece will be held on November 26.
At the same time, German Chancellor Angela Merkel told lawmakers this morning that there is a chance for a deal on the Greek question at a meeting next week.
Note that the dollar index rose this morning after Federal Reserve Chairman Ben Bernanke said yesterday that the U.S. economy is at risk of falling into a recession, if lawmakers can not escape the so-called "financial cliff", stimulating demand for safe U.S. currency.
The pound rose to its highest level in a week against the euro after European finance ministers failed to agree on debt reduction for Greece and, in light of the fact that the policy of the Bank of England signaled that it will not cut interest rates.
Sterling captures fourth session rise against the dollar, as the Bank of England minutes showed that policymakers voted (8 in favor, 1 against), to leave a program of quantitative easing this month at the same level. Most politicians have said that the uncertainty among consumers and companies could adversely affect the economy.
Also published data showed that the UK's budget deficit widened unexpectedly in October, and was 8.6 billion pounds, compared with 5.9 billion pounds a year earlier.
European stocks advanced for a third day, as gains by Veolia Environnement SA, SAP AG and carmakers, as well as a decline in applications for U.S. jobless benefits offset the failure of euro-region policy makers to reach a decision on assisting debt-laden Greece.
Veolia Environnement rose 1.3 percent after getting approval for the sale of its U.S. waste-management business. SAP AG climbed 2 percent. Fiat SpA climbed 1.6 percent. Johnson Matthey (JMAT) Plc slumped 5.8 percent after it reported a drop in first-half profit. Imagination Technologies Group Plc slipped 3.9 percent as it said that it will monitor mobile chip designer CEVA Inc.’s counter bid for MIPS Technologies Inc.
The Stoxx Europe 600 Index (SXXP) rose 0.2 percent to 270.11 at the close of trading.
FTSE 100 5,752.03 +3.93 +0.07% CAC 40 3,477.36 +15.30 +0.44% DAX 7,184.71 +11.72 +0.16%
Fewer Americans filed applications for unemployment benefits last week as damage to the labor market caused by superstorm Sandy began to subside.
Jobless claims decreased by 41,000 to 410,000 in the week ended Nov. 17, the Labor Department reported today in Washington.
The Thomson Reuters/University of Michigan final index of U.S. consumer sentiment for November rose to 82.7 from 82.6 at the end of last month.
Veolia Environnement (VIE) advanced 1.3 percent to 7.90 euros. The world’s largest water company said it obtained approval from the Department of Justice for the sale of its U.S. waste- management business for $1.91 billion, which will cut its debt by $1.84 billion.
SAP, the largest maker of enterprise-management software, added 2 percent to 58.82 euros, its highest price since Sept. 5, as Salesforce.com Inc. reported third quarter earnings per share in line with analysts’ estimates and raised forecasts for 2013 and 2014.
BG Group Plc, the U.K.’s third-largest natural gas provider, rose 2.8 percent to 1,060 pence amid takeover speculation reported in The Independent newspaper.
Swiss Life Holding AG (SLHN) gained 6.1 percent to 124.20 Swiss francs. Switzerland’s biggest life insurer may write down almost half the value of its German broker unit AWD Holding AG, an analyst survey showed.
Royal KPN NV (KPN), the former Dutch phone monopoly, added 6.8 percent to 4.26 euros. Moody’s Investors Service Inc. said European cable operators’ revenues will grow by between 5 percent and 6 percent in 2013.
Johnson Matthey, which makes a third of all auto-catalysts, tumbled 5.8 percent to 2,190 pence, its lowest in almost four months, after it reported a 2.2 percent drop in first-half profit as platinum prices slid, and forecast “similar” results in the second six months of its fiscal year. Net income was 145.7 million pounds ($232 million) in the six months ended Sept. 30, compared with 149 million pounds a year earlier, the London-based company said today.
Siemens AG fell 1.3 percent to 77.60 euros after Deutsche Bank AG cut its rating on Europe’s largest engineering company to sell from hold, and reduced its price target on the shares to 65 euros from 75 euros, citing threats to its 2014 margin target, including low growth prospects.
Paragon Group Cos (PAG), the lender to British landlords, lost 1 percent to 238.3 pence after RBC Capital Markets downgraded the stock to sector perform from outperform. A 12-month target price of 260 pence per share was forecast for the stock. The company fell the most in nine weeks yesterday after analysts said its plan to increase dividends is too modest.
Oil prices rose for the third time in four days amid fears that the explosion of a bus in Tel Aviv, will lead to aggravation of the conflict in the Middle East, and will cause a supply.
Prices rose as much as 1.3% after the blast, which occurred near a military headquarters in the commercial center of Israel, as a result, at least 10 people were injured. Note also that efforts to reach a peace agreement between Israel and Hamas have not been reached last night. Costs also rose as U.S. oil fell for the first time in three weeks.
Note also, U.S. Secretary of State Hillary Clinton held talks with Israeli and Palestinian leaders to end the conflict in the Gaza Strip. Clinton met with Israeli Prime Minister Benjamin Netanyahu in Jerusalem yesterday, and then went to the West Bank for talks with Palestinian Authority President Mahmoud Abbas. Her next stop is in Egypt.
Bus bombing in Tel Aviv confirmed the concerns about violence in the Middle East and expressed concern about what might happen on. Conflict threatens further instability in the Middle East and North Africa, which produces about 35% of world oil production.
Also, data released today showed that oil stocks fell 1.47 million barrels to 374.5 million level for the week ending November 16. Reserves are projected should grow by 1 million barrels. At the same time, gasoline inventories fell by 1.55 million barrels to 200.4 million, while distillate stocks, which include heating oil and diesel fuel, fell by 2.68 million to reach 112.8 million, which is the lowest level in more than four years.
January futures price of U.S. light crude oil WTI (Light Sweet Crude Oil) rose to 87.23 dollars a barrel on the New York Mercantile Exchange.
January futures price of North Sea petroleum mix of mark Brent rose 110.40 dollars a barrel on the London Stock Exchange ICE Futures Europe.
Oil futures price ranges and now shows a slight increase, as investors' attention is focused on efforts to agree on financial aid for Greece, negotiations on a ceasefire in the Gaza Strip, as well as discussions on how to prevent a financial crisis in the United States.
Earlier, gold prices fell as the dollar gained after Greece's creditors failed to agree. During the last hours of the price of gold recovered, which was caused by the release of U.S. data, which showed that the number of initial claims for unemployment benefits fell as expected.
Note that international lenders can not reach an agreement on Greece to provide financial assistance as early as the second week, but will try to do it again next Monday.
The conflict in the Middle East also helps support the gold price. Because it could not reach an agreement on a cease-fire, the gold will remain safe-haven.
Also, the data showed that the gold reserves in Brazil, Kazakhstan and Turkey have increased, triggering the rise in prices for precious metals. We note that Brazil has increased its gold reserves to 17.170 tons in October, bringing its bullion reserves reached 52.518 tons.
Traders and analysts expect that gold will trade in a range, as some traders have reduced the number of long positions before Thanksgiving. But at the same time, economists note that the long-term prospects for gold remains positive on expectations that the U.S. will continue to hold loose monetary policy.
December futures price of gold on the COMEX is now 1727.60 an ounce.
The euro rose to a new high of $ 1.2833 after the release of U.S. data on applications for unemployment benefits, and an index of business activity in the manufacturing sector.
U.S. employment report was better than expected and reflected the decline of initial applications for benefits to 410 million in line with expectations. Continuing claims also fell to 3.337 million more than expected. However, the Labor Department said that the figures may be distorted because of Hurricane Sandy.
U.S. stock futures fluctuated as jobless claims fell and European finance ministers failed to agree on a debt-reduction package for Greece.
Global Stocks:
Nikkei 9,222.52 +79.88 +0.87%
Hang Seng 21,524.36 +296.08 +1.39%
Shanghai Composite 2,030.32 +21.40 +1.07%
FTSE 5,750.27 +2.17 +0.04%
CAC 3,471.26 +9.20 +0.27%
DAX 7,176.51 +3.52 +0.05%
Crude oil $87.71 +1.11%
Gold $1725.60 +0.12%
- ECB profit estim at E4.2 bn from bond purchase
- EMU states may get individual choices on Greek aid
- expect eurogroup to agree w/IMF on Greek aid
Hewlett-Packard downgraded to Underperform from Neutral at Mizuho
Hewlett-Packard downgraded to Sector Perform from Outperform at RBC Capital Mkts
EUR/USD $1.2700, $1.2725, $1.2750, $1.2775, $1.2800, $1.2875, $1.2895, $1.2900
GBP/USD $1.5925
AUD/USD $1.0300, $1.0355, $1.0430
USD/JPY Y81.00, Y81.25, Y81.75
EUR/JPY Y103.45, Y103.50
GBP/JPY Y127.85
EUR/SEK Sek8.6100
09:30 United Kingdom Bank of England Minutes -
09:30 United Kingdom PSNB, bln October 9.9 4.1 6.5
The yen weakened beyond 82.40 per dollar for the first time since April after Japan’s exports decreased for a fifth straight month, undermining demand for the nation’s assets.
The Japanese currency fell to a six-month low versus the euro amid speculation the winner of next month’s election will pressure the central bank to boost stimulus.
The yen has fallen against all but one of its major peers this month as Shinzo Abe, leader of the Liberal Democratic Party and favorite to topple Japan’s prime minister in Dec. 16 elections, advocated more aggressive measures to weaken it.
Europe’s shared currency fell from the highest level in almost two weeks versus the greenback after European finance ministers failed to agree on a debt-reduction package for Greece.
Europe’s shared currency snapped two days of gains against the greenback after finance ministers said a further meeting on Greece had been arranged for Nov. 26 and an aid payment for the nation that’s been held up since June remains frozen.
German Chancellor Angela Merkel told lawmakers this morning that there’s a chance for a deal on Greek aid at next week’s meeting. Schaeuble said the issue of the nation’s funding gap was solvable and possible solutions include reducing interest payments on its initial bailout loans, suspending payouts through 2020 on its second rescue package, or having the European Central Bank buy 9 billion euros of the country’s Treasury bills, according to four people who attended the briefing.
The Dollar Index approached an 11-week high amid stronger demand for the safest assets.
The pound rose after publication of the minutes of the Bank of England and the data on state finances Britain. As shown by the protocol of the Bank of England, voted 9-0 to leave rates at 0.5%, and 1.8 for that leave unchanged QE. Only Miles spoke in favor of expanding the program by £ 25 billion in November.
EUR / USD: during the European session, the pair set a low at $ 1.2735 and then rose to $ 1.2816
GBP / USD: during the European session, the pair set a high at $ 1.5941
USD / JPY: during the European session, the pair rose to a high of Y82.44
In the U.S. at 13:30 GMT will the number of initial claims for unemployment insurance, the number of repeated applications for unemployment benefits, at 14:00 GMT - the index of business activity in the manufacturing sector in November, in the 14:55 GMT - an indicator of consumer confidence from University of Michigan in November, in the 15:30 GMT - data on stocks of crude oil from the Department of Energy. At 16:35 GMT a speech the deputy head of the Bank of Canada, Timothy Lane. At 17:00 GMT a speech board member of the Swiss National Bank Fritz Zurbrugg.
EUR/USD
Offers $1.2850, $1.2800
Bids $1.2740/35, $1.2720, $1.2705/00, $1.2680
GBP/USD
Offers $1.6000, $1.5980/85, $1.5940/50
Bids $1.5855/50, $1.5830/25, $1.5810/00, $1.5780
AUD/USD
Offers $1.0450, $1.0390/00
Bids $1.0320, $1.0305/00, $1.0280
EUR/JPY
Offers Y107.00, Y106.50, Y106.00, Y105.50
Bids Y105.05/00, Y104.65/60, Y104.20, Y104.00, Y103.80
USD/JPY
Offers Y83.50, Y83.00, Y82.75, Y82.50
Bids Y82.00, Y81.50, Y81.20, Y81.00
EUR/GBP
Offers stg0.8150, stg0.8120, stg0.8100, stg0.8075/80, stg0.8050
Bids stg0.8020, stg0.8005/00, stg0.7965/60, stg0.7945/40, stg0.7900
IGCP sold E2.0bn vs target E1.75-E2.0bn
- E300mln 3-month T-bill; avg yield 1.936% (1.366%), cover 5.09 (8.1)
- E500mln 6-month T-bill; avg yield 2.169% (1.839%), cover 4.49 (2.8)
- E1.2bln 18-month T-bill; avg yield 2.99% (2.967%), cover 1.91 (2.4)
European stocks declined after policy makers meeting in Brussels failed to reach a decision on assisting debt-laden Greece.
With creditors led by Germany refusing to put up fresh money or offer debt relief, the finance chiefs were unable to scrape together enough funds from other sources to help alleviate Greece’s debt burden, set to hit 190 percent of gross domestic product in 2014.
Siemens AG fell 1.4 percent to 77.48 euros after Deutsche Bank AG cut its rating on Europe’s largest engineering company to sell from hold, and reduced its price target on the shares to 65 euros from 75 euros, citing threats to its 2014 margin target, including low growth prospects.
SAP AG, the largest maker of enterprise-management software, added 1.9 percent to 58.76 euros, its highest price since Sept. 6, as Salesforce.com Inc. reported third quarter earnings per share in line with analysts’ estimates and raised forecasts for 2013 and 2014.
FTSE 100 5,740.49 -7.61 -0.13%
CAC 40 3,459.6 -2.46 -0.07%
DAX 7,173.45 +0.46 +0.01%
Germany alloted E3.253bln of 10-year benchmark 1.50% Sep 2022 Bund Wednesday at average yield of 1.40% (1.56%), cover 1.5 (1.5)
EUR/USD $1.2700, $1.2725, $1.2750, $1.2775, $1.2800, $1.2875, $1.2895, $1.2900
GBP/USD $1.5925
AUD/USD $1.0300, $1.0355, $1.0430
USD/JPY Y81.00, Y81.25, Y81.75
EUR/JPY Y103.45, Y103.50
GBP/JPY Y127.85
EUR/SEK Sek8.6100
Asian stocks outside Japan fell, with a regional gauge heading for its first decline in three days, after policy makers meeting in Brussels failed to reach a decision on assisting debt-laden Greece.
Nikkei 225 9,222.52 +79.88 +0.87%
S&P/ASX 200 4,369.5 -16.18 -0.37%
Shanghai Composite 2,030.32 +21.40 +1.07%
Esprit Holdings Ltd., which gets almost 80 percent of its sales from Europe, fell 2.1 percent in Hong Kong.
Harvey Norman Holdings Ltd. slid 1.9 percent after an Australian regulator initiated legal proceedings against 11 franchisees of the nation’s largest electrical-goods retailer.
Honda Motor Co. advanced 3.2 percent, pacing gains among Japan’s carmakers as the yen weakened, boosting the earnings outlook for the nation’s exporters.
The euro traded near a course nearly two-week high against the U.S. dollar amid the region's finance ministers meeting in Brussels, the purpose of which is to discuss the provision of 15 billion euros for Greece.
The yen fell for a fifth day against the dollar even after a representative of the opposition party, the Bank of Japan Governor Masaaki Shirakawa said that the proposals for currency depreciation are unrealistic.
The dollar rose against most of the 16 most traded currencies as Federal Reserve Chairman Ben Bernanke warned that the U.S. economy could fall into recession, in case, if lawmakers can not escape the so-called "financial failure." Note also that his comments match what he said in the past, namely that unemployment is still high, the housing market is gradually recovering, and one only, monetary policy can not solve the problems in the U.S. economy. This is yet another signal of the U.S. Congress that it has reached an agreement on long-term debt. Meanwhile, he has not commented on the situation with Operation Twist, whose term comes to an end this year.
At the same time, these currencies like the New Zealand dollar, Australian dollar and South African rand depreciated, which was caused by the fall in commodity markets.
Note also that the earlier the euro fell as ratings agency downgraded France by one notch to Aa1 from Aaa, saying at the same time that the country's prospects remain negative.
The Canadian dollar fell against most currencies as speculation regarding the cease-fire the Middle East has caused oil prices decline, which departing month high. But currency losses were limited, because the International Monetary Fund said it is considering classifying the Canadian and Australian dollar as a reserve currency. Well as the depreciation of the currency affected the published data, which showed that the volume of wholesale sales fell in September, registering with the fastest rate of decline over the past 19 months. According to the report, wholesale sales fell by 1.4% to 48.8 billion Canadian dollars.
Asian stocks rose, with the regional benchmark index poised to advance for a third day, as better- than-forecast U.S. home sales boosted optimism in the world’s largest economy.
Nikkei 225 9,142.64 -10.56 -0.12%
S&P/ASX 200 4,385.68 +24.23 +0.56%
Shanghai Composite 2,008.92 -8.06 -0.40%
Techtronic Industries Co., the maker of Ryobi power tools that counts North America as its biggest market, jumped 4.7 percent in Hong Kong.
Samsung Electronics Co., the world’s No. 1 manufacturer of smartphones, gained 2.4 percent in Seoul after a U.S. trade agency agreed to review its patent case versus Apple Inc.
Osaka Securities Exchange Co. added 1.9 percent as shareholders approved its $1.6 billion merger with Tokyo Stock Exchange Group Inc.
European stocks rose for a second day amid speculation the region’s finance ministers will agree on a Greek financing deal and optimism Israelis and Palestinians will sign up to a cease-fire in Gaza.
EasyJet Plc (EZJ) jumped to the highest level in five years, leading travel shares higher, after the budget airline doubled its dividend. Xstrata Plc (XTA) and Glencore International Plc (GLEN) advanced as investors approved their $31 billion merger. Credit Suisse Group AG (CSGN) paced a decline in financial shares, dropping 1.7 percent on plans to reorganize its investment bank.
The Stoxx Europe 600 Index (SXXP) added 0.3 percent to 269.49 at the close of trading, extending yesterday’s 2.2 percent jump to reach a one-week high.
U.S. housing starts unexpectedly climbed 3.6 percent to a four-year high in October. Builders broke ground on 894,000 homes at an annual rate after a 863,000 pace in September, Commerce Department figures showed. The median estimate economists surveyed called for 840,000 starts.
National benchmark indexes rose in 14 of the 18 western European markets.
FTSE 100 5,748.1 +10.44 +0.18% CAC 40 3,462.06 +22.48 +0.65% DAX 7,172.99 +49.15 +0.69%
Deutsche Bank AG (DBK) slid 1.4 percent to 33.18 euros and Intesa Sanpaolo SpA (ISP) declined 1.1 percent to 1.22 euros.
Fiat SpA (F) dropped 5 percent to 3.31 euros. UBS AG lowered its recommendation on the Italian automaker to neutral from buy, saying it may need to raise between 1.6 billion euros and 2.9 billion euros to finance the purchase of the remaining shares in Chrysler Group LLC.
Exor SpA (EXO), which is Fiat’s biggest shareholder, slipped 3.8 percent to 18.37 euros after UBS also lowered its recommendation on the shares to neutral from buy.
Royal Imtech NV (IM), the Dutch provider of infrastructure for stadiums in this year’s European soccer championship and London Olympics, tumbled 11 percent to 15.68 euros, the biggest drop in more than four years. ABN Amro Bank NV downgraded the shares to sell from buy, saying the company could breach a banking covenant this year.
Accor SA (AC) rallied 3.4 percent to 24.71 euros as Exane BNP Paribas said the hotelier’s profit margins could reach 16 percent to 18 percent by 2016, from 9.5 percent at present.
Swatch Group AG (UHR) increased 1.5 percent to 433.10 francs as the Federation of the Swiss Watch Industry said watch exports rose 13 percent last month from a year earlier.Started the session with losses indexes retreated from session lows and ended the session with a slight advantage. Shows only a small negative index Dow.
Little support during trading indices had a message news agency Reuters that today at 19:00 GMT will be announced a truce between Israel and Hamas, which controls the Gaza Strip. It also reported that a ceasefire will come into force in 22:00 GMT.
Meanwhile, the growth indices constrain the uncertainty associated with the decision of the Eurogroup on the allocation of the next tranche of financial aid to Greece. Representatives of the European authorities give different assessment of the outcome of the current meeting. The head of the Eurogroup Jean-Claude Juncker said a high probability of making a decision on the matter, at the same time, German Finance Minister Wolfgang Schäuble said that the agreement will be reached on Greece, but he was not sure that it is reached it is.
Note also that the indices returned to negative territory in the background speech Fed Chairman Ben Bernanke, who said that "monetary policy can not solve all problems." But he also said that "the pace of economic recovery has been slower than expected." But after this statement decrease in the indices slowed and began to recover with minimum values session as increased chances for additional stimulation of the U.S. economy.
Hewlett-Packard shares fell more than 12% due to the fact the company stated that the forecasted earnings for the first fiscal quarter will be below analysts' estimates due to the ongoing decline in sales of personal computers.
Best Buy Shares fell 12.91%, as sales in the third quarter fell by 4.3%, while the forecast was at 3.3% decline. Note also that the volume of sales was down for 9 of the last 10 quarters.
Intel shares were down 3.85% to $ 19.47. As it became known, UBS downgraded the company's shares to a "neutral" from "buy" on a background of uncertainty about the care of the CEO.
DOW index components exhibit predominantly negative dynamics. Fell more than the rest in the stock price Hewlett-Packard (HPQ, -12.07%). Shares rose more than other Bank of America Corporation (BAC, +1.21%).
Mixed trends also show the main sectors of the index S & P. Maximum growth demonstrates the health sector (+0.4%), the maximum loss is the technology sector (-0.6%).
At the close:
Dow 12,788.51 -7.45 -0.06%
Nasdaq 2,916.68 +0.61 +0.02%
S & P 500 1,387.82 +0.93 +0.07%
02:00 China Leading Index October +0.2% +1.5%
02:00 New Zealand Credit Card Spending October +0.9% +0.3%
05:00 Japan BoJ monthly economic report November
The euro fell against the dollar, snapping a two-day gain, after European finance ministers failed to agree on a debt-reduction package for Greece during more than 11 hours of talks in Brussels. More work is needed to come up with an agreement on the Greek debt package, International Monetary Fund Managing Director Christine Lagarde said. “We made some good work and we’re closing the gap, but we’re not quite there yet, so it’s progress but we have to do a bit more,” Lagarde said. The shared currency declined against all of its 16 major peers after Luxembourg Finance Minister Luc Frieden said euro- area finance ministers will continue discussions on Nov. 26.
The yen touched a seven-month low after Japan’s exports decreased for a fifth straight month. Japanese exports fell 6.5 percent in October from a year earlier, leaving a trade deficit of 549 billion yen ($6.7 billion), the Ministry of Finance said in Tokyo today. The median estimate of economists surveyed by Bloomberg News was for a 360 billion yen shortfall.
New Zealand’s dollar remained lower after whole-milk powder prices fell, cutting revenue from a key export.
EUR / USD: during the Asian session the pair fell to $ 1.2735.
GBP / USD: during the Asian session the pair fell to $ 1.5900.
USD / JPY: during the Asian session, the pair rose by updating the monthly high.Change % Change Last
Oil 87.03 +0.28 +0.32%
Gold 1,727.20 +3.60 +0.21%Change % Change Last
Nikkei 225 9,142.64 -10.56 -0.12%
S&P/ASX 200 4,385.68 +24.23 +0.56%
Shanghai Composite 2,008.92 -8.06 -0.40%
FTSE 100 5,748.1 +10.44 +0.18%
CAC 40 3,462.06 +22.48 +0.65%
DAX 7,172.99 +49.15 +0.69%
Dow 12,788.51 -7.45 -0.06%
Nasdaq 2,916.68 +0.61 +0.02%
S&P 500 1,387.82 +0.93 +0.07%
(pare/closed(00:00 GMT +02:00)/change, %)
EUR/USD $1,2816 +0,03%
GBP/USD $1,5924 +0,11%
USD/CHF Chf0,9398 0,00%
USD/JPY Y80,23 -1,46%
EUR/JPY Y104,69 +0,36%
GBP/JPY Y130,05 +0,44%
AUD/USD $1,0387 -0,24%
NZD/USD $0,8171 -0,33%
USD/CAD C$0,9967 +0,06%
02:00 China Leading Index October +0.2% +1.5%
02:00 New Zealand Credit Card Spending October +0.9% +0.3%
05:00 Japan BoJ monthly economic report November
09:30 United Kingdom Bank of England Minutes -
09:30 United Kingdom PSNB, bln October 10.7 4.1
13:30 U.S. Initial Jobless Claims November 439 397
14:00 U.S. Manufacturing PMI (preliminary) November 51.0 51.2
14:55 U.S. Reuters/Michigan Consumer Sentiment Index (finally) November 84.9 84.9
15:00 U.S. Leading Indicators October +0.6% +0.1%
15:30 U.S. Crude Oil Inventories - +1.1
16:35 Canada Gov Council Member Lane Speaks -
17:00 Switzerland Gov Board Member Fritz Zurbrugg Speaks -
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