EU major PMI data improves but fresh COVID-19 uncertainty remains
- Major European Preliminary PMI readings showed regions gained momentum (Beat: Euro Zone, France; Germany and UK) but covid uncertainty remains. - Ma
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- Major European Preliminary PMI readings showed regions gained momentum (Beat: Euro Zone, France; Germany and UK) but covid uncertainty remains. - Ma
- Quiet start to trade shorten Thanksgiving week. - Awaiting Biden announcement on Fed chair. Policy divergence between Fed and ECB and BOJ remain in
As a standalone sector, real estate is just several years old, and it's one of the smaller sector weights in the S&P 500.
- Mixed PMI Services data from EU in session but remaining in expansion territory (Beats: none, Misses: Euro Zone, Italy; in-line: France, Germany). -
- Plethora of EU inflation and GDP data in session; Markets now pricing 20bps ECB hike in Oct 2022 compared to prior Dec 2022 hike before Thurs’s (yes