Norges bank delays Christmas by keeping rates on hold with ultra-dovish tone - TDS

Research Team at TDS, notes that the Norges Bank left rates on hold, but the statement and Monetary Policy Report took on a very dovish tone.
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German Ifo index fell slightly in December, outlook sub-index looked up

Germany’s Ifo index released today showed a slight dip in German business confidence in December. The Ifo index fell 108.7 in December, from 109 in November. Despite this month’s fall, the index continues to remain at high levels signifying the German economy’s resilience. Ifo calculates its headline index based on companies' assessments of the current business environment as well as the outlook for the next six months.
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