The Monday Mix: Nov. 19 – 25, 2018
Headlines discussed at LNWM’s Monday morning briefing:
— The US and China are likely to hold trade talks during the G20 Meeting next week in Buenos Aires.
— Oil prices have fallen 30% in the past 7 weeks (now at $50.42/barrel), the lowest level in a year.
— Bitcoin and other cryptocurrencies have lost about 80% of their value ($700 billion) since peaking in Jan. 2018.
— The Eurozone took the first step toward disciplining Italy over the country’s high-deficit 2019 proposed budget.
— A UK-Eurozone deal on Brexit faces major hurdles in the British Parliament, ahead of March 29, 2019 trigger date.
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