Market Comment | Markets in a positive mood at the beginning of the week

Summary

Disappointing data in the US. The US Chicago Fed national activity index unexpectedly dropped in November (by: 0.13 points to -0.30; consensus: 0.10). Eurozone consumer confidence improved slightly in December in line with our estimations (by 0.2 points to -5.7; BBVAe: -5.5, consensus: -5.9). Spanish general elections: the very fragmented parliament poses important challenges ahead. […]

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