I Read The News So You Don’t Have To – Market News (Nov. 15, 2018)

Sharing is Caring!

by ogordained

UNITED STATES

  • Consumer prices rose 2.5% in October, in line with expectations
    • Low oil prices have driven down future inflation expectations
  • Rent prices have been slowing after a 2017 peak 
    • Despite wage increases, mortgage applications continue to slow
  • Donald Trump announced his support for criminal justice reform, including reducing minimum sentencesfor non-violent drug offenses and increasing spending to combat recidivism rates
See also  Market Manipulation 5.0 - Here's how Market Makers keep you Losing Money on Stocks that Seem Good and Safe using Social Media - You Are Helping Them

OTHER

  • In contrast with recent negative press, the IMF expects global growth to continue at 3.7% in 2018 and 2019
    • However, ChinaJapan, and Germany are showing signs a weakness
  • Eurozone industrial production was triple expectations (Actual 0.9% | Expected 0.3%)
  • Russian plan to raise consumption tax dragged down consumer confidence
  • Natural Gas prices experienced an 18% rise on Wednesday, the largest one day increase in years – driven by cold weather and tight supply
  • South Africa’s president is meeting with European Union leaders today, in pursuit of $100bn investments over 5 years
  • The repatriation of 700,000 Rohingya who fled persecution in Myanmar is scheduled to start today
See also  Crypto Market Sheds $300 Billion in Value in Latest Crash

CHINA

418 views

Leave a Comment

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