US manufacturing ISM seen rising in November
Final manufacturing PMI data for November from EU and US
ECB President Lagarde to testify at European Parliament today
8:55 am GMT - Germany, manufacturing PMI for November (final). Expected: 43.8 pts
9:30 am GMT - UK, manufacturing PMI for November (final). Expected: 48.3 pts
2:45 pm GMT - US, manufacturing PMI for November (final). Expected: 52.5 pts
3:00 pm GMT - US, ISM manufacturing for November. The US manufacturing ISM sits below the 50 pts threshold signalling a recession in the industry. While a rebound is expected in November, the gauge is expected to remain below expansion/contraction barrier. Market expects a reading of 49.2 pts against previous 48.3 pts.
Central bankers’ speeches
10:00 am GMT - ECB’s Holzmann
2:00 pm GMT - ECB President Lagarde
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