Written by Gary
U.S. Markets look to open higher as trade talk exchanges continue to affect market sentiment. It may be earnings of tech companies which drive the market higher today.
Here is the current market situation from CNN Money | |
 | European markets are higher today with shares in Germany leading the region. The DAX is up 0.62% while London’s FTSE 100 is up 0.25% and France’s CAC 40 is up 0.24%. |
What Is Moving the Markets
| Here are the headlines moving the markets. | |
 | Airbus CEO says all planemakers to suffer from ‘lose-lose’ trade warAirbus Chief Executive Guillaume Faury warned on Thursday any further escalation of trade tensions would damage aerospace firms globally, including the European planemaker’s U.S. rival Boeing. |
| Nestle revamp advances with $10 billion sales of skin health unit to buyout fundsNestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.12 billion), as the food group shifts its portfolio in response to changing consumer demands. |
| On the radar: Nissan stays cool on lidar tech, siding with TeslaNissan Motor Co Ltd said on Thursday it would, for now, stick to self-driving technology which uses radar sensors and cameras, avoiding lidar or light-based sensors because of their high cost and limited capabilities. |
| China opposes U.S. move to blacklist telecom giant HuaweiChina on Thursday slammed a decision by the U.S. government to put telecom equipment giant Huawei on a blacklist and said it will take steps to protect its companies, in a further test of ties as the superpowers clash over trade. |
| Dutch spy agency investigating alleged Huawei ‘backdoor’: VolkskrantChinese telecoms equipment maker Huawei has a hidden “backdoor” on the network of a major Dutch telecoms firm, making it possible to access customer data, newspaper De Volkskrant said on Thursday, citing unidentified intelligence sources. |
| EU regulators fine five banks 1.07 billion euros for forex riggingEU antitrust regulators on Thursday fined Barclays, Citigroup, JPMorgan, MUFG and Royal Bank of Scotland a total of 1.07 billion euros ($1.2 billion) for rigging the spot foreign exchange market for 11 currencies. |
| Macron says it is not France’s aim to block HuaweiFrench President Emmanuel Macron said it was not the aim of France to block Huawei, nor to launch any form of technological war, a day after the U.S. government moved to blacklist the Chinese telecoms giant. |
| Brokers brave China’s FX market crackdown in the hunt for household high rollersLured by hopes that China’s retail investors could become major players in global currency markets, foreign brokers are brazenly chasing business in a gray area of the country’s online trading sector, even as Beijing vows to wipe out such activities. |
| Oil prices rise for the third session on Mideast tensionsOil prices rose on Thursday for the third day in a row as fears of supply disruptions amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories. |
| US Suspends All Passenger And Cargo Flights To VenezuelaThough all of the major US carriers have already ended their flights to Caracas, the Department of Homeland Security has officially suspended all air traffic – passenger and cargo – between the US and Venezuela due to the “ongoing political stability and increased tensions.” The decision follows a failed uprising spurred by opposition leader Juan Guaido, who is recognized as the legitimate ruler of Venezuela by the US and about 50 other countries, and growing speculation that strongman Nicolas Maduro will hold on to power, since the country’s military and pro-government militias have firmly backed him, the FT reports. |
| NYC Mayor Bill De Blasio To Become 23rd Democratic Presidential Contender“The campaign that nobody asked for” has finally arrived. After weeks of quietly telling reporters that yes, he is serious about running for president, New York City Mayor Bill de Blasio is preparing to launch his campaign Thursday morning, Fox News reports. In what might be an attempt on de Blasio’s part to signal that he’s just as “serious” about the race as the frontrunners, the NYC mayor will follow what has become the standard campaign launch playbook: He will release a video Thursday morning, followed by an appearance on ‘Good Morning America’. |
| China’s Huawei, 70 Affiliates Blacklisted By US Commerce Department |
| Farage & Gabbard – Lions Of The Great RealignmentAuthored by Tom Luongo, There is a realignment coming in electoral politics. It began with Ron Paul in 2008 and has been building for more than a decade. We know this story well. |
| Trump set to put US’ green card regime on a new path todayTrump set to put US’ green card regime on a new path today. The new plan involves overhauling the green card norms, giving preference to foreigners based on merit. |
| Yes might be in deeper trouble than it let onYes might be in deeper trouble than it let onThe bank’s troubles run deeper than investors believe, and cleanup will probably be harder. |
| Ecomm biggies log out of deep discountsEcomm biggies log out of deep discounts. Online marketplaces treading cautiously after February tweak in e-commerce policy. |
| Your Bosses Know You Are Watching Game Of Thrones – They Likely Are Toofrom Challenger Gray and Christmas The HBO hit series Game of Thrones is the talk of virtually every workplace. Co-workers are not only discussing plot points and battle scenes, but also engaging in office pools on which major characters will survive each episode of the final season. All this banter is bound to cause lapses in productivity, possibly to the tune of over $3 billion.
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| Documentary Of The Week: The Historical Evolution Of Money And DebtWritten by John Lounsbury About 6 1/2 years ago Michael Hudson and L. Randall Wray presented a program at Columbia University which was the first of eight programs on the topic: Modern Money & Public Purpose. The program was moderated by William V. Harris, William R. Shepherd Professor of History and Director, Center for the Ancient Mediterranean, Columbia University.
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| Market Extra: Are stock-market investors ignoring Iran just like they ignored China?Investors were arguably too complacent about U.S.-China trade tensions. Some analysts wonder if they’re making the same mistake when it comes to Iran. |
| Market Snapshot: Stock futures edge higher as investors weigh latest trade salvosU.S. stock futures point to a higher start for equities Thursday, shaking off earlier weakness that came after President Donald Trump appeared to target China telecommunications group Huawei with an emergency declaration against threats to U.S. technology. |
| Europe Markets: Huawei fails to rattle European marketsU.S. ban on Chinese telecoms equipment maker highlights trade tensions |
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