Russia’s Deputy Prime Minister Novak said oil output may be reduced by up to 7% next year in response to the EU price cap.
Contract chipmaker TSMC is reportedly looking to build a chip fab in Germany.
Markets in Germany, France, U.K., Italy, Spain, and Switzerland will be closed on Monday.
France’s November PPI 1.2% m/m (last -0.2%)
Italy’s December Business Confidence 101.4 (expected 102.7; last 102.5) and Consumer Confidence 102.5 (expected 98.5; last 98.1)
Spain’s Q3 GDP 0.1% qtr/qtr (expected 0.2%; last 2.0%); 4.4% yr/yr (expected 3.8%; last 7.6%)