- Financial markets are starting the month on uncertain footing following a dramatic November that featured a U.S. election, OPEC meeting and anticipation of Italy's upcoming referendum.
- Despite surging oil prices, U.S. futures are following yesterday's slight decline on Wall Street, while the dollar retreats from a nine-month high.
- The fixed income outlook isn't looking great either, with European sovereign debt looking vulnerable and Treasuries under pressure from the administration change.