Chinese manufacturing PMI for October and non-manufacturing PMI for November are due on Tuesday. Markets are eagerly waiting for the data as they will confirm whether the bearish trend of the economy changed its direction.
U.K. net lending and credit creation and mortgage approvals for October are scheduled to release today, the data are expected to show further improvement during the reference month. Similarly, Today's U.S. regional PMI data, especially for Chicago will draw market attention>
"Today's German November 'flash' HICP will be watched as a preview of Wednesday's data for the euro area as a whole. Both are expected to show inflation modestly higher than in October. However, the rebound is not likely to be enough to stop the ECB from announcing further easing measures on Thursday", says Lloyds Bank.


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