Euro area industrial production increased at the fastest pace in five months in October led by robust output growth in the energy sector and non-durable goods manufacturing, preliminary data from the statistical office Eurostat showed on Monday.

The National Association of Home Builders released a report on Monday showing a modest improvement by U.S. homebuilder confidence in the month of December. The report said the NAHB/Wells Fargo Housing Market Index crept up to 39 in December after inching up to 38 in November. The uptick, which matched economist estimates, lifted the index to its highest level since hitting 40 in April.

A report released by the Federal Reserve Bank of New York on Monday showed an unexpected downturn by regional manufacturing activity in the month of December. The New York Fed said its general business conditions index plunged to a negative 3.9 in December from a positive 18.7 in November, with a negative reading indicating contraction. Economists had expected the index to fall to a positive 10.6

Amidst strong expectations of a rate cut by Bank of England, the FTSE 100 benchmark of the London Stock Exchange rebounded on Monday, more than recouping Friday's losses.

The CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris bounced back from modest losses on Friday.

Trump pushes for more Fed rate cuts, while no changes are expected from the ECB until 2027.The BoE is concerned about the weak economy, while the yen has become a plaything for carry traders.

Trump pushes for more Fed rate cuts, while no changes are expected from the ECB until 2027.The BoE is concerned about the weak economy, while the yen has become a plaything for carry traders.

Bitcoin: Record highs then sharp drop; 2026 depends on adoption and regulation; Oil: Oversupply keeps prices weak; outlook tied to OPEC+ and geopolitics; JP225: Strong gains on policy and yen; future driven by BoJ tightening

Gold rallies above $4,300 as Fed rate-cut expectations and safe-haven demand rise ahead of US NFP, with Silver holding near $62.50. Weak Chinese data pressures the Yuan and drags on AUD and NZD despite a softer USD. Markets show a clear split between defensive assets and China-sensitive currencies amid cautious risk sentiment.

The crypto market capitalisation decreased by 0.2% in 24 hours and 2.2% in a week to $3.06 trillion.