Marketmind: Mind the (Europe-US) gap By Reuters – Investing.com

  • Date: 23-Nov-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Gulf
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Marketmind: Mind the (Europe-US) gap By Reuters – Investing.com

A look at the day ahead from Sujata Rao.

When advance prints of Purchasing managers' Indexes (PMI) land, focus will be on businesses' input cost increases and whether they show signs of easing.

The readings may also reinforce the gap between robust U.S. activity and COVID-plagued Europe, potentially further depressing the euro, which plumbed new 16-month lows on Monday.