Sunday, 26 November 2017

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

Asia
23:50pm    - JN PPI Services
01:30am    - CH Industrial Profits
08:30am    - HK Exports
08:30am    - HK  Imports
08:30am    - HK Trade Balance


Europe:
07:00am    - FIN Consumer Confidence Index
08:30am    - SWE Household Lending
09:00am    - ITL Economic Sentiment
09:00am    - ITL Manufacturing Conf.
09:00am    - ITL Consumer Confidence Index


US
15:00pm    - US New Home Sales
15:30am    - US Dallas Fed Manf. Activity



Market focus this Morning...
-The U.K. is close to running out of time in its divorce negotiations with the European Union and would be set back by missing a December deadline to resolve several thorny issues.
-S&P 500 closes above 2,600 for first time as Street bets on strong holiday shopping season Long lines of people began forming by Thursday afternoon outside of retailers like Best Buy and Target, among others, as shoppers got ready for Black Friday.
-US Treasury yields rise, following their European counterparts European bonds were under pressure on Friday after minutes from the the European Central Bank's October meeting showed that ratesetters were divided on when exactly it should end bond purchases.
-Bitcoin surged past $9,000 for the first time, less than a week after topping $8,000 and taking its year-to date rise to more than 850 percent. Germany’s biggest opposition party is debating whether to begin talks with Angela Merkel on a minority government or a coalition, offering a way to restore political leadership in Europe’s biggest economy.

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