China to overtake US next year, India by decade’s end, govt. shutdown enters 4th week, Citi misses on revenues, & Brexit vote tonite!
Brexit standby, China-US keep the faith, Shutdown costs $3.5bn, & earnings season begins.
Powell caves in, China upgrades talks, and Saudi production cuts leave markets unfazed.
DeutscheBank: 2018 = recession, Chinese manufacturing contracting, oil still up, and UK considering 2nd referendum.
Markets down on unsigned China-US trade agreement, Huawei’s owner’s daughter held in Canada, Parliament to send May back to board, and OPEC meets in Vienna.
World indexes down on post G-20 Blues, and Euro Parliament says UK can end Brexit at any moment – no questions asked.
Labour wants May’s full disclosure, ISM-Markit discrepancy, and Australia maintains 1.5% rate.
Carney says May’s deal better than one, German data weak, and US data plus Powell drive dollar down – DRASTICALLY !
The Bank of England are widely expected to keep interest rates on hold at this week’s meeting.
A breakthrough was made on Brexit negotiations on Friday.