Initial Guidance | 16 December 2014

● Eurozone PMI: a slight improvement for weak growth in Dec | Markit
● China PMI: Dec mfg activity shrinks for first time since May | Markit
● Japan PMI: Slow mfg growth continues in Dec | Markit
● German PMI: Private sector activity growth weakest in 18 months in Dec | Markit
● French PMI: Private sector output falls at slowest rate in 4 months | Markit
● UK Inflation Slows to Least Since 2002 as Oil Prices Drop | Bloomberg
● Russia makes drastic rate rise to 17% to stem rouble decline | BBC
● US Industrial Production Surges in Nov | CapSpec
● US home builder confidence eases slightly in Dec | NAHB