There were few events on Monday, but some data may be interesting for the readers.

Asia and Pacific

Producer Price Index in New Zealand has shown a 1,4% growth in Q3 as compared to the previous one, which was 1% only.

Japanese export recovered in October as compared to September. According to local Ministry of Finance, export growth has reached 8,2% in October. However, this figure is still below economists’ forecasts.

Europe

UK Prime Minister Theresa May attempts to get support from business. Last week some Uk ministers including Brexit minister has resigned. Some members of May’s party are trying to remove her.

UK’s house price data has shown a sharp decline in November. The final result has reached 7 years minimum.

Italian budget deficit is another important issue to pay attention to. Italian vice Prime Minister has told on Monday that EU should pay more respect to Italy. Any sanctions from other EU countries will be “dishonorable” and counterproductive.

America

US housing market may have serious problems in the nearest future. The current situation with interest rates and the house price growth may negatively affect building companies. The NAHB index has decreased to 60 points, which is the lowest meaning since August 2016.