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On tap for Monday: Slow start.......>

US DATA PREVIEW
US DATA PREVIEW: On tap for Monday: Slow start with NY Fed Consumer Sentiment;
13- and 26W bill auctions.
- Nomura economists said the Consumer Sentiment survey for December "will be
important in terms of evaluating the persistence of the sharp decline in
November's earnings growth expectations (-0.4pp to 2.0%)."
- Nomura notes however, that "consumer fundamentals in the survey, including
spending growth expectations, remain in healthy territory, consistent with our
view that consumers spending will continue to anchor economic growth over the
near term."

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