In corporate news, Credit Suisse said on Sunday that it"strongly rejects" allegations published following a coordinated global media investigation into a mass leak of its client data over previous decades. The leaked information was purported to contain human rights abusers and businessmen under sanctions.
The Swiss lender said the information published by the Organized Crime and Corruption Reporting Project and 46 other news organizations was based on"partial, inaccurate, or selective information taken out of context." On the data front, initial flash PMI readings for February are due out of France, Germany and the euro area, along with the U.K., on Monday morning.for exclusive insights and analysis, and live business day programming from around the world.
Is there hope?