Greetings one and all. I trust you had a good week-end
Pinch and a punch, first day of the month and, yep, only 24 more shopping days to Xmas
So the Swiss gold referendum comes and goes and produces little by way of surprise, but helps to give gold another kick lower and brings a sigh of relief to the SNB and EURCHF longs. Now we need to see how it pans out from here.
Data wise today we have a few final mftg PMIs from the Eurozone and the ISM mftg PMI from across the pond but none of it is expected to shake things up too much
All in all we can expect a cautious start to the week/month but with the US returning after the holiday week-end to add some liquidity
Have a good session out there
Times GMT
Economic Data (3) 1 Dec jpg