There were few important releases on Monday, but some of them are worth your attention.

Asia and Pacific

Australian Statistic Bureau has released Company Operating Profits data, which has shown growth at 1,9%. However, final data was weaker than expected as experts forecasted 2,8% growth. As for the yearly basis, Company Operating Profits has grown at 13,5%.

Europe

Swiss Retail Sales data has shown growth at 1,2% as compared to 2017 according to the FSO.

Eurozone’s manufacturing production slows down with less speed according to the data, released on Monday. The decline reached 51,8 as compared to October’s 52 final result. Experts expected the final result to be even lower.

UK manufacturing sector has reached its highest points for the past two months and was better than expected. Local manufacturing PMI has reached 53,1. Economists expected the index to grow towards 51,7.

British Pound declined on Monday because of Brexit as investors fear that UK parliament will vote against the agreement. According to the prime minister’s press secretary, there will be no second referendum on Brexit.

The Executive Chief of the EU Valdis Dombrovskis welcomed the changes in rhetoric of the Italian government. However, he wants some real steps in order to cancel sanctions.

America

US Manufacturing PMI was far better than expected. The indicator has reached 59,3 as compared to October’s data.