GRAPHIC-Take 5: First Test Of December

Tuesday brings November flash euro zone inflation. Renewed economic uncertainty means investors are once more scaling back price-hike bets for the U.S., cash in a flash payday loans euro space and Britain. The doves, it appears, have contemporary ammunition to push back in opposition to those clamouring for an early end to stimulus. European inflation could supply fodder to those arguing central banks have to hurry up with unwinding stimulus. A strengthening dollar, rising inflation and a Fed in taper mode leaves emerging market central banks precious little room for error. 3/ TURKEY TANTRUM Turkey simply served up (another) reminder that prudent financial policy issues - all of the extra so in rising markets during instances of high inflation. President Tayyip Erdogan has doubled down on his view that double-digit inflation can be tamed by slicing interest rates. Nov 26 (Reuters) - Recent COVID-19 fears fuelled by a brand new variant rip by way of markets as we head in direction of 12 months-end.


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