morning 12-12

News:

  • UK Polls close at 4:00 CST, there are 650 Seats in parliament up for grabs most likely outcome is that P.M. Johnsons labor party wins majority of votes.
  • Per Reuters Trump still threatening to impose tariffs on China starting  Dec 15th,   Trump Will be meeting with Top trade advisors today to decide what to do.
  • Credit Suisse saying Apple IPhone sales in China dropped 35% Y/Y   Causing a bit of Risk Off  in Stock Futures
  • ECB press Conference at 7:30   lagarde First as ECB chief

Markets sideways so far today waiting for the Next Catalyst, We get PPI and Jobless today not a big deal.

High-stakes White House meeting expected Thursday to debate U.S.-China tariffs: sources

WASHINGTON (Reuters) – U.S. President Donald Trump is expected to meet with top trade advisers on Thursday to discuss planned Dec. 15 tariffs on some $160 billion in Chinese goods, three sources familiar with the plans said, as markets braced for potential negative impacts.

https://www.reuters.com/article/us-usa-trade-china/high-stakes-white-house-meeting-expected-thursday-to-debate-u-s-china-tariffs-sources-idUSKBN1YF2TK

Fed Leaves Rates on Hold; Forecasts Show No Change Through 2020

The Federal Reserve left interest rates unchanged and signaled it would stay on hold through 2020, keeping it on the sidelines in an election year while also opening the possibility it might buy short-term coupon-bearing securities to ease money-market strain.

https://www.bloomberg.com/news/articles/2019-12-11/fed-leaves-rates-unchanged-and-forecasts-show-no-change-in-2020?srnd=premium-europe

United Kingdom votes to decide the fate of Brexit, again

LONDON (Reuters) – Voters go to the polls on Thursday in an election that will pave the way for Brexit under Prime Minister Boris Johnson or propel Britain toward another referendum that could ultimately reverse the decision to leave the European Union.

https://www.reuters.com/article/us-britain-election/united-kingdom-votes-to-decide-the-fate-of-brexit-again-idUSKBN1YG005

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.