- Macro: US markets were closed for Thanksgiving. However, in Europe, the Stoxx 600 broad index had a solid day rising +0.46%. Later this morning, we have French Consumer spending, CPI, Payrolls and PPI. From Germany we have unemployment data. Out of the UK we get consumer credit data, mortgage data, and money supply, then at 10am we get EU CPI, which is expected to show 2.8% YoY for the core reading. ECB speakers include Guindos and Nagel, and from the BOE we have their financial stability review and minutes from the last FPC meeting.
- Stock: We have an update on Diageo following our recent meeting with its investor relations team. (Comment attached)
- Debt: Core bond yields moved marginally lower in Europe yesterday as German Headline inflation came in slightly below target.