Die aktuelle Corona-Krise hat die Verbraucherstimmung in Deutschland auf den niedrigsten Wert seit der Finanzkrise einbrechen lassen.
The baseline expectation here remains that the market / policy response to the coronavirus shock.
Vor dem Hintergrund des Coronavirus-Ausbruchs ist die Stimmung in den kleinen und mittelgroßen Industriebetrieben Chinas auf ein Rekordtief gesackt.
Die jüngsten Makrodaten waren uneinheitlich - stärker als erwartet in den USA, schwächer in der Eurozone und enttäuschend in Japan.
Das japanische Bruttoinlandsprodukt fiel schlechter aus als erwartet. Dennoch sieht Japan Experte Jesper Koll positive Impulse für Nippons Wirtschaft.
UK GDP grew by a slightly firmer than expected 1.4% in 2019 as a whole but the expenditure breakdown gives little cause for celebration.
Chinese recovery hopes were boosted by a rise in the Markit manufacturing PMI to a 35-month high in November.
The Chinese GDP numbers released on Friday appeared to show a strong pick-up in nominal growth in Q4. This was puzzling but possibly attributable to the recent food-driven inflation surge. Some analysts latched onto the pick-up as a bullish signal.
A recent pick-up in Chinese PMIs has boosted recovery hopes but the view here, based on monetary trends, is that such optimism is premature. December results of the Cheung Kong Graduate School of Business (CKGSB) survey support this scepticism.
UK monthly GDP / gross value added (GVA) for October will be released on 10 December, two days before the election. GDP is currently estimated to have fallen by 0.16% in August and 0.07% in September, with the September level 0.10% below the Q3 average.