Sunday, 19 November 2017

Things To Look Out For Today - Events & Data (Ldn Times)

Asia
21:00pm    - SK PPI
21:45pm    - NZ Food Prices
23:50pm    - JP Trade Balance
23:50pm    - JP Exports
23:50pm    - JP Imports
01:35am    - RBA's Kearns Gives Speech in Sydney
03:50am    - RBA's Kohler Gives Speech in Sydney


Europe:
07:00am    - GE PPI
11:45am    - ECB's Nowotny Speaks at C.Bank Conference in Vienna
14:00pm    - ECB's President Draghi speaks in Brussels
16:00pm    - Draghi speaks in Brussels in his capacity as ESRB Chair
18:30pm    - BOE's Dave Ramsden speaks in London


US
15:00pm    - US Leading Index


Market focus this Morning...
-Dow and S&P 500 post first 2-week losing streak since August; tax reform worries linger. Treasury Secretary Steven Mnuchin told CNBC's "Squawk Box" that he expects a Republican tax reform bill to be sent to President Trump by Christmas.
-US Treasury yields fall after strong housing starts data. Housing starts and building permits jumped to a one-year high in October as one-time hurricane effects continue to skew data. Housing starts surged 13.7 percent to a seasonally adjusted annual rate of 1.29 million units.
-Britain will submit proposals on how to settle its divorce bill with the European Union before an EU summit next month and is expected to negotiate hard, finance minister Philip Hammond said on Sunday.
-Germany’s would-be coalition partners appeared to have reached an impasse over immigration policy as a self imposed Sunday evening deadline for agreeing the outlines of a government programme passed with no deal.
-Robert Mugabe, 93, who ruled Zimbabwe with an iron grip until the military took over and placed him under house arrest, stunned the nation on Sunday night with a nearly 20 minute address in which he refused to say whether he would resign.

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