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Goldman Sachs: Interest rates to continue to weigh on US corporate earnings into 2023, earnings per share in the S&P 500 expected to be flat at US$224 assuming a soft landing of the economy; earnings per share estimated to fall 11% assuming a hard landing

S&P Global Flash Eurozone PMI in November rose to 47.8 from 47.3 in October, as Germany recorded the steepest downturn within the euro area; downturn led by manufacturing sector as factory output declined for a sixth consecutive month

S&P Global/CIPS Flash UK Composite PMI in November was 48.3, up from 48.2 in October; new orders fell at fastest pace for almost two years as demand in both manufacturing and service sectors dampened due to tight client budgets

S&P Global Flash US Composite PMI in November fell to 46.3 from 48.2 in October; lower output seen across both manufacturing and service sectors amid steep downturns in demand, new orders across private sector fell at fastest pace since May 2020

Canada's number of business openings in August decreased slightly to 4.4% from July, while closures increased to 4.9%; number of active businesses declined 0.3% month-over-month: Statistics Canada

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