Markets were on weekend and specifically on Sunday in anticipation for the results of the EU summit, which resulted in the ratification of the Brexit deal, indicating that it was the most appropriate for the British and that there was no return, and it is likely to be a vote in the British Parliament on December 11.
Markets are preparing for this week - the latest in November and after that many decisions will be awaited to determine the course of the markets in 2019 - for many important economic data and events.
The markets are eyeing the end of the week for a meeting between US President Donald Trump and Chinese President Xi Jinping on the sidelines of the Group of 20 Summit in Argentina.
There has been a trade war between the world's two largest economies; the two sides have begun to impose tariffs, raising concerns about the prospects of slowing global economic growth.
In the United States, the second GDP estimate is expected to be released for the third quarter of 2018, and the economy is expected to grow by 3.6% YoY against the previous reading of 3.5%. Also, the US Federal Reserve's preferred indicator to measure inflation will be released and core personal consumer expenditure is expected to rise by 2% in October. Attention will also be paid to the results of the FOMC minutes of the last meeting on Thursday.
In the Eurozone, attention will be focused on inflation data, with CPI expected to rise by 2.1% in November, while the core CPI is expected to stabilize at 1.1%.
Also, attention will be focused on inflation data in Japan, which is still far from the Bank of Japan's target of 2%. Tokyo's consumer price index, which excludes fresh food prices, is expected to rise by 1% in November.
