In the UK this morning, we get the latest monthly GDP estimate for October.Markets expect GDP to have ticked a little higher, driven by a small monthly improvement in output in the services and manufacturing sectors.
On the corporate front, tool hire group Ashtead reports its latest half-year results.Ashtead is deemed a useful bellwether for activity in the US housing market.
Other companies reporting include Tritax Eurobox, the real estate investment trust dedicated to properties involved in logistics and distribution in continental Europe.The trust is viewed as a play on the ongoing spread of e-commerce given the well-publicised travails of traditional bricks and mortar retailers, it will be interesting to see if Eurobox has been able to capitalise on that.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Over in the eurozone, we get the latest reading on German economic sentiment.Markets will be watching the latest figure closely data released last week on industrial production was far worse than expected, suggesting that German industry is in its worst downturn since the financial crisis.
-
South Korean won hits 15-year lowAfter Yoon Suk Yeol's failure to declare martial law, South Korean markets are reeling, with the weakest won since 2009. Will this worsen the Korea discount?
-
House prices return to growth, Zoopla saysAverage house prices increased 1.9% in the year to November, Zoopla's latest house price index shows
