Sometimes current events run into each other, overlap, with one’s shadow overcasting the other.
10 Dezember 2018
Purchasing Manager Indexes are due in key countries, including the US and the euro zone. They will shed some light on the momentum of the activity cycle.
The European Commission will shortly publish its opinions on the budget plans of its members, another opportunity to turn the spotlight on Italy, with markets reflecting the relative hopelessness of the situation (a lose/lose situation for the EU).
The US will celebrate Thanksgiving on Thursday. The Friday after, also known as “Black Friday”, is the start of the Christmas shopping season for retailers.