Market movers ahead
In the US, fiscal cliff negotiations continue after the Thanksgiving break.
The eurogroup and IMF get another shot at reaching an agreement on Greece.
The regional election in Catalonia could bring Spain back into the limelight.
We expect data for October to show that Japan is in recession.
In Sweden, GDP growth appears to have eased only moderately in Q3.
Global update
US data show a resilient manufacturing sector and an improving housing market.
In the euro area, there are tentative signs of stabilisation in PMIs and German Ifo.
In China, the HSBC manufacturing PMI suggests the recovery is gaining strength.
The Bank of Japan took a breather but is poised to ease further as soon as December.
GDP growth in Norway was resilient in Q3 on the back of strong domestic demand.
