Initial Guidance | 1 December 2014

● German manufacturing PMI revised down to 49.5 in November | Investing.com
● Eurozone manufacturing hits near-stagnation as Big 3 nations contract | Guardian
● Italy Manufacturing Contracts Again | RTT
● Fed rattled by elusive inflation, but loath to sound alarm yet | Reuters
● Black Friday Spending Drops 11% | Time
● Oil suffers fresh heavy losses, with outlook unclear | Marketwatch