UNITED STATES
- Futures are indicating a lower opening this morning despite increased talk that the Fed will pause their rate raising campaign
- The ISM Non-Manufacturing Index shows sustained economic strength
- The Private Payroll report came in weaker than expected (Expected 195 Actual 179)
- 30-year mortgage rates have tumbled from recent highs
- With exports to China plummeting, the trade deficit hit its highest level in ten years
- Imports from China hit a record high with companies attempting to get orders in ahead of tariffs
OTHER
- Japan is weighing a ban on the use of Huawei’s telecoms equipment
- OPEC oil producers agreed to cut output yesterday, a finalized agreement is due today
- oil prices continue to fall as US exports of crude hit a record high
- Lyft began the process of filing for an IPO
- CLOSED: The Eiffel Tower and Louvre - 89,000 police will be deployed to Paris on Saturday as protesters have turned violent
- Houthi-rebels and Government allies began talks to end the civil war in Yemen.
- The two sides agreed to exchange 5,000 prisoners
- The FTSE 100 fell to its lowest level in two years
CHINA
- Economic activity continues to weaken
- Bad news for Tencent - The recently formed Online Games Ethics Committee has rejected nine of 20 titles it reviewed
Submitted December 07, 2018 at 07:23AM by ogordained https://ift.tt/2Egpt53
