11Sep2019 Pre-Market Commentary: Wall Street To Open Fractionally Higher, DOW Futures Up 44 Points, WTI Crude Reaches 58 Handle, US Dollar Showing Strength

Here is the current market situation from CNN Money

European markets are higher today with shares in London leading the region. The FTSE 100 is up 0.94% while Germany’s DAX is up 0.85% and France’s CAC 40 is up 0.45%.

California Senate passes bill to tighten ‘gig’ worker rule

The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for gig economy companies like Uber Technologies Inc and Lyft Inc to classify workers as independent contractors rather than employees.

GM recalls 3.5 million U.S. vehicles due to braking issue

General Motors Co is recalling 3.46 million U.S. pickup trucks and SUVs to address a vacuum pump issue that could make braking more difficult and increase the risk of a crash.

Hong Kong Exchanges bids $39 billion to take over London Stock Exchange

Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover approach for the London Stock Exchange , a proposal contingent on the LSE ditching its acquisition of data company Refinitiv.

UK says to decide on Huawei soon but China must play by rules

Britain will make a decision soon about whether to allow Huawei equipment to be used in its 5G networks but China must play by the rules if it gets access to Western markets, Defense Secretary Ben Wallace said.

Huawei plans 6 billion yuan bond issue: prospectus

Huawei Technologies said in regulatory filings on Wednesday that it plans to issue two tranches of 3 billion yuan ($422 million) bonds, each with three-year maturities.

LSE: A story of failed mega mergers

Hong Kong Exchanges and Clearing made an unsolicited $39 billion takeover bid for the London Stock Exchange , an offer contingent on the LSE ditching its planned acquisition of data company Refinitiv.

Trump urges zero or negative interest rates to tackle U.S. debt

U.S. President Donald Trump called on the Federal Reserve to push down interest rates into negative territory, a move reluctantly used by other world central banks to battle weak economic growth as it punishes savers and banks’ earnings in the process.

Futures flat as trade moves offer mixed signals

U.S. stock index futures were largely flat on Wednesday as easing trade tensions with China did little to sway investors, who are refraining from making heavy bets ahead of the Federal Reserve’s decision on interest rates next week.

Investors unwind bearish bets as optimism grows on trade and stimulus

World stocks rose for the sixth straight day on Wednesday and bond prices fell as investors unwound safety bets, encouraged by hopes of a resolution to the Sino-U.S. trade standoff and signs Europe may be preparing to ease budget spending rules.

Are The Lessons Of 9/11 Lost On Americans Today?

Are The Lessons Of 9/11 Lost On Americans Today?

Authored by Sarah Cowgill via LibertyNation.com,

How things have changed in 18 years and how they have scarily remained the same…

Producer Prices Rise More Than Expected In August As Luxury Hotel Costs Soar

Producer Prices Rise More Than Expected In August As Luxury Hotel Costs Soar

Both headline and core producer prices rose more than expected in August.

PPI +1.8% YoY (+1.7% exp)

PPI Core +2.3% (+2.2% exp)

The Global Debt Bubble Enters It’s Blow-Off Stage

The Global Debt Bubble Enters It’s Blow-Off Stage

Authored by John Rubino via DollarCollapse.com,

People have been talking about a œdebt bubble for some years now. They’ve been right, of course, based on the combination of surging borrowing and plunging rates.

US Futures Drift, Global Markets Rally As China Takes Steps To Ease Trade War

US Futures Drift, Global Markets Rally As China Takes Steps To Ease Trade War

S&P500 futures were perfectly unchanged in an oddly quiet session, failing to be inspired by a ramp in European and Asian stocks, after China announced exemptions from the 25% extra tariffs put in place last year in some product categories such as pharmaceuticals and lubricant oil, in a move that is being viewed as a good will concession by China to restart the trade negotiation on good terms in October. While this has lifted sentiment in Asia and Europe, combined with a technical rebound generally in equities…

Did a problem of plenty drag Auto Inc down? Rajiv Bajaj thinks so

Did a problem of plenty drag Auto Inc down? Rajiv Bajaj thinks soAutomobile sales have declined by over 30 per cent in certain categories during July and August.

Kotak gives slowdown a Bollywood twist

Kotak gives slowdown a Bollywood twistAsia’s richest banker said the Indian picture looks very challenging , but it is never as bad as it looks.

Govt wants to track where you’re flying when

Govt wants to track where you’re flying whenNatgrid has asked the aviation ministry to furnish data on domestic passengers flown by Indian carriers.

August 2019 Producer Price Final Demand Year-over-Year Growth Now 1.8%

Written by Steven Hansen

The Producer Price Index (PPI) year-over-year inflation grew from 1.7 % to 1.8 %,

Paul Brandus: After jettisoning warmonger Bolton, Trump emerges as a left winger on foreign policy

When it comes to foreign policy Donald Trump is a left-wing radical, writes Paul Brandus.

How to invest in ” or avoid ” what makes China China

One ETF that purports to offer access to better run private sector companies in China that are better run may make things more confusing for investors, not less.

Economic Report: Wholesale prices inch up in August, PPI shows, but inflation isn’t stirring very much

The wholesale cost of U.S. goods and services rose slightly in August, but inflation more broadly was still quite low and showed little sign of stirring up any trouble for the U.S. economy. The producer price index edged up 0.1% last month.