🌎 [Quick Facts] :

1. The US dollar fell sharply on Monday.

2. New Zealand retail spending slows again, with a 50bp cut expected.

3. Nagel says ECB cuts are coming but December discussion will have to wait.

4. Centeno says the ECB could discuss a bigger cut if risks emerge.

5. ECB Governor Guindos says the size of the rate cut is less important than the path.

6. The UK composite PMI fell into contraction territory in November.

7. The eurozone PMI unexpectedly contracted in November.

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