Cliffhanger
Notes/Observations – Fiscal cliff talks hits another snag on final trading day of 2012; Senate to reconvene at 11:00 ET – Dairycliff averted – China Dec Manufacturing PMI at fastest pace in 19 months – Gold poised for a 12th annual gain despite biggest quarterly drop since 2004 – French top court overturns 75% upper tax rate Economic Data – (ZA) South Africa Nov Private Sector Credit Y/Y: 9.6% v 8.4%e; M3 Money Supply Y/Y: 6.3% v 5.1%e – (FI) Finland Oct Final Trade Balance: -€238M v -€225M
