Daily Report - Monday December 3rd

THE DAILY REPORT
 


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RISK EVENTS (AEDT)


EUR – Unemployment
  EUR - Markit Manufacturing PMI




Major Bloomberg & Reuters News


Dollar gains as trade talks between U.S. and China take focus

The dollar rose on Friday as investors prepared for the outcome of trade talks between the United States and China at the G20 meeting on Saturday, which investors expect will increase volatility across markets.

U.S. President Donald Trump said on Friday there were some good signs ahead of the meeting with Chinese President Xi Jinping.

“We’re working very hard. If we could make a deal, that would be good. I think they want to. I think we’d like to. We’ll see,” he said.

Sterling set for third weekly drop with UK Brexit vote in focus

Sterling fell on Friday and was headed for a third consecutive week of losses as caution grew among investors about the British parliament’s vote on Brexit next month.

Prime Minister Theresa May said on Thursday she was focused on persuading MPs to back her divorce deal with the European Union in a Dec. 11 vote, rather than preparing a plan B.


ECONOMIC ANNOUNCEMENTS
  

 




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Posted: 12/3/2018 12:53:26 AM