Europe and the U.K. Look Strong – Week of Dec. 7, 2016
Recently released data continues to show a world economy gaining momentum. While the U.S. jobs report was mixed, business survey data from the U.S. and elsewhere showed continued and accelerating expansion. The recent rise in bond yields moderated this week as market attention focused on a slate of events including the Italian referendum and upcoming meetings of the European Central Bank (ECB) and Federal Reserve.