UNITED STATES
- Mortgage rates hit their highest level since 2011
- Investors are embracing junk bonds again
- A sign of a strong labor market, Americans receiving unemployment benefits hit its lowest level in 45 years
- Futures are down so it's probably going to be a bummer of an opening this morning
- Construction of the Keystone XL oil pipeline\was halted after a Federal judge ruled that the US government failed to complete a thorough analysis of the project’s environmental impact
OTHER
- Mining activity in South Africa declined for the year
- and output of gold sank to a 4 year low
- Oil continued its descent and officially entered bear market territory
- New houses are being built in Canada as home prices fall
- Swiss bank UBS is being sued by America's Department of Justice for allegedly misleading investors over the quality of residential mortgage-backed securities before the financial crisis
CHINA
- Consumer inflation moderated to meet expectations (Actual 2.5% | Expected 2.5%)
- Single's Day is on Sunday 11/11- a Chinese version of Valentine's day, but for single people that features Black Friday style shopping mania - has seen daily sales records for Alibaba every year. They had $25bn in sales on Singles Day in 2017
Submitted November 09, 2018 at 07:30AM by ogordained https://ift.tt/2JQbNO1
