Reply To: Traders Market Weekly: Hello 2024, Unexpected Opportunity on The Menu

#69655
Truman
Participant

Eurozone
European Central Bank policymaker De Cos repeated that the timing of rate cuts will depend on data.

EZ November M3 Money Supply was down 0.9% yr/yr (expected -1.0%; last -1.0%).
EZ November Private Sector Loans were up 0.5% yr/yr (expected 0.8%; last 0.6%) and loans to nonfinancials were unchanged yr/yr (last -0.3%).

Eurozone’s December Manufacturing PMI rose to 44.4 from 44.2 (expected 44.2)
Germany’s December Manufacturing PMI rose to 43.3 from 42.6 (expected 43.1).
France’s December Manufacturing PMI fell to 42.1 from 42.9 (expected 42.0).
Italy’s December Manufacturing PMI rose to 45.3 from 44.4 (expected 44.4).
Spain’s December Manufacturing PMI dipped to 46.2 from 46.3 (expected 47.0).