Headlines discussed at LNWM’s Monday morning briefing:
— The British pound plunged to 30-year low ($1.18 per US dollar), on fears of hard “Brexit.”
— Oil briefly rose above $50/barrel for 1st time since June, on limited OPEC production cuts.
— US new job growth in Sept. slowed for 2nd month in a row, to 156,000 new jobs added.
— Gold hit a 4-month low after closing down eight straight days, on stronger US dollar.
— Deutsche Bank stock rebounded on rumored US Dept. of Justice settlement.
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