Markets are hopeful the Fed will soon slow down the pace of its aggressive rate hikes.

Friday's November jobs data could put that expectation to the test.

The U.S. economy likely creating 200,000 new jobs -- according to a Reuters poll -- the smallest gain since December 2020.

Still, five of the last six jobs reports have topped consensus estimates.

Wednesday's preliminary November estimate of inflation in the euro zone is likely to show price pressures remain strong.

Inflation in the bloc was 10.6 percent in October -- more than five times the European Central Bank's 2 percent target.

A record number of COVID-19 infections and new lockdowns across China have dampened hopes that the world's number two economy will reopen next year.

And manufacturing indicators, mainly PMIs, might attest to the weakness already seen across the economy.

There are, however, some reasons to be hopeful in the measures announced for the country's ailing property sector.

Cryptocurrencies will likely remain under pressure, as the industry nervously waits for fallout from the collapse of crypto exchange FTX.

Top of mind is crypto broker Genesis, which said it had "no immediate plans to file for bankruptcy", after media reports it was struggling to raise cash.

Bitcoin fell to a two-year low that day -- though if anything -- it's holding up better than anticipated.

Suddenly England's two most famous soccer clubs -- Manchester United and Liverpool -- are up for grabs to the highest bidder.

Chelsea and AC Milan have already fetched top dollar this year -- sparking speculation that United could go for nearly $8.5 billion.