UNITED STATES
Futures are indicating a rough opening this morning
the markets are spooked by the arrest of a Huaweiexecutive last night and an OPEC meeting today
The rate of mortgageapplications hasn’t budged since this time last year
The probability of a recession in the next 12 months has risen slightly but remains just a modest probability
however, the probability leaps to 80% when we look at the next 3 years ahead
OTHER
Expect volatility in oil prices today as the market reacts to an OPECmeeting in Vienna.
Canada arrested Meng Wanzhou, an executive and daughter of the founder of Huawei. She faces extradition to America for possible breaches of its sanctions on Iran
Google’s Waymo announced the first paid taxi service provided by self-driving cars
Invited customers can summon a Waymo One vehicle in suburbs of Arizona
After a sharp recovery, coffeefutures have given up most of their recent gains
CHINA
Chinese stocks outperformed US stocks in November
Chinese pharma stocks have plunged amid competition from generics
Submitted December 06, 2018 at 08:55AM by ogordained https://ift.tt/2RyDZI1