Monday Morning Mix: Nov. 14 – 20, 2016
Headlines discussed at LNWM’s Monday morning briefing:
— The US dollar hit a 14-year high, on expectations of rising US inflation and interest rates.
— US interest rate should rise “relatively soon,” said Fed Chair Janet Yellen, citing dangers of waiting.
— Italy’s December referendum on government reform is headed for defeat, final polls show.
— US questioning of Pacific trade pact is allowing China to step in as regional trade leader.
— OPEC deal to limit oil output (Nov. 30), won’t include country targets necessary for it to work.
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