🚨 GGMA Macro Roadmap: US PPI, Fed Speakers, Schnabel and Nagel
October's producer prices, out at 14:30 CET, may tip money markets further towards a half-point Fed hike in December.
Four Fed officials speak within hours of the release, and their reading of it could shift the front end of the Treasury curve.
In Europe, two hawkish Governing Council members speak as money markets price in a 93% chance of a 25-basis-point ECB hike on 17 December.
Also on the calendar: France and Spain publish final October inflation at 08:45 and 09:00 CET. The euro area's second estimate of third-quarter GDP is due at 11:00 CET, and Canada's September manufacturing sales follow at 14:30 CET.
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