5 Themes for This Week – US NFP, Manufacturing, and QE3; UK Autumn Report; European Banks
\Keith this week include Friday’s nonfarm payroll report from the US, which may help risk sentiment as it is expected to show a relatively strong reading for November. We also going to monitoring manufacturing data from the US, China, the euro zone, and the UK. Third were looking for any signs of further quantitative easing by the Federal Reserve after Bloomberg article showing primary dealers expecting a round of MBS purchases from the FOMC. In the UK we focus on Osborne’s Autumn statements and in Europe on the funding issues facing Euro-zone banks.



5 Themes for This Week: Five Central Bank Rate Decisions and Another “Make or Break” EU Summit
Nick Nasad \This week we have a slew of central bank decisions (5 in fact!) as well as another “make or break” EU Summit. We layout the sequence of events needed for European politicians to help ease the sovereign debt crisis. We highlight the ECB rate decision as the expectation that they will cut rates. Similarly, the RBA is expected to lower rates another 25 basis points, an important factor for the AUD. In addition we have the BOC and RBNZ meeting this week, with attention focused on their statements for any clues about monetary policy going forward. We also look at the BOE rate decision, as well as key data coming out for the UK economy, which should help determine the direction for the pound this week.