Reply To: Traders Market Weekly: Bears Squeezed in Bonds, Stocks and Currencies


The U.K. is reportedly planning to implement a road tax on electric vehicles and GBP35 bln in spending cuts.
The German government will reportedly spend GBP83.3 bln to finance next year’s cap on energy prices.
Bank of France Governor Villeroy de Galhau said that ECB rate hikes need to continue since underlying inflation has not peaked.
Eurozone’s October Construction PMI 44.9 (last 45.3). November Sentix Investor Confidence -30.9 (expected -35.0; last -38.3)
Germany’s September Industrial Production 0.6% m/m (expected 0.2%; last -1.2%). October Construction PMI 43.8 (last 41.8)
U.K.’s October Halifax House Price Index -0.4% m/m, as expected (last -0.1%); 8.3% yr/yr (last 9.8%)
France’s October Construction PMI 44.3 (last 49.1)
Italy’s October Construction PMI 48.1 (last 46.7)