1. The European Central Bank will have to debate whether more stimulus is needed:
As ECB officials wait for eurozone growth data this week, the slowdown in China and other emerging markets has prompted a drop in commodity prices, confounding their attempt to stoke price pressure via bond buys to the tune of 60 billion euros ($US64 billion) a month.
China’s trade figures disappointed analyst expectations by a wide margin in October, reinforcing views that the world’s second-largest economy will have to do more to stimulate domestic demand given softness in overseas markets. October exports fell 6.9 percent from a year ago, down for a fourth month, while imports slipped 18.8 percent, leaving the country with a record high trade surplus of $61.64 billion, the General Administration of Customs said on Sunday.