by ogordained
UNITED STATES
- Futures are down ahead of the G20 summit
- Donald Trump canceled a meeting with Vladimir Putin at the G20 summit in Argentina. Trump will meet with Xi Jinping to discuss the trade war
- The Fed will likely continue its rate-raising campaign in December
- Personal Consumption Inflation fell slightly (Expected 2.1% | Actual 2.0%)
- Personal Income and Personal Consumption were both slightly higher (Expected 0.4% | Actual 0.5%) and (Expected 0.4% | Actual 0.6%) respectively
OTHER
- Dunkin’ experienced a data breach of undisclosed scale
- Sheryl Sandberg asked Facebook’s communications staff to research George Soros’s financial interests following his high-profile attacks on tech companies
- Bayer will cut 12,000 jobs—around 10% of its workforce—as part of a cost-cutting plan worth $3bn
- Marriott says a data breach in its reservations system may have affected up to 500 million guests since 2014
- German unemployment set a new record low
- Japanese industrial production rebounded sharply (Expected 2.5% | Actual 4.2%)
- African swine fever is spreading closer to China, sending Chicago Hog Futures up 4.5%
CHINA
- China has been investing heavily in Germany, largely in industry and technology sectors
- Chinese manufacturing appears to have stalled, their manufacturing PMI figures fell to 50 (50 is the dividing line between expansion and contraction. Less than 50 = contractions, More than 50 = expansion)
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