Market movers today
Today there might be focus on the political situation in Italy after Silvio Berlusconi's Freedom Party officially split during the weekend. If anything it appears to have strengthened Enrico Letta's government that is now assured a majority in the Senate whether Berlusconi chooses to withdraw the support for the government or not.
In the data calendar the main event is the NAHB housing index in the US that is the first indicator for the strength of the US housing market in November.
Fed's William Dudley (voter, dove) and Charles Plosser (voter, dove) are both scheduled to speak. Dudley's speech will be the most important as his views are believed to be close to Ben Bernanke's and Janet Yellen's.
ECB board member Jörg Asmussen will also speak. It will be particularly interesting to see if he opens up for possible non-conventional easing measures as has been suggested by other board members recently.
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