Nov 06

Global Market News Today Fwd: 5 things to start your day

Global Market News Today Fwd: 5 things to start your day
Forward Guidance
Huge weekend in Saudi Arabia

Trump’s in Asia

Qualcomm said to fight Broadcom’s $100 billion bid.

Saudi shakeup

Security forces in Saudi Arabia arrested princes, billionaires, ministers and former top officials hours after King Salman announced an anti-corruption drive on Saturday.

A barrel of West Texas Intermediate for December delivery was trading at $56.00 by 5:45 a.m. Eastern Time.

Trump in Asia

Trump urging the Pacific nation to purchase more American military equipment.

Trump’s looks to make deals during his meeting with President Xi Jinping.

Qualcomm

Broadcom: unsolicited $100 billion takeover deal for Qualcomm Inc.

Markets slip

Overnight, the MSCI Asia Pacific Index was unchanged

while Japan’s Topix index closed 0.1 percent lower despite the yen slipping.

In Europe, the Stoxx 600 Index was unchanged at 5:45 a.m.

S&P 500 futures dropped 0.1 percent,

the 10-year Treasury yield was at 2.325 percent

and gold was slightly higher.

Paradise papers

A massive leak of confidential information from Bermuda law firm Appleby Group revealing offshore accounts by individuals, corporations, hedge funds and others.

Here’s what you should read today

Sayed Ahmed

Linkedin: https://ca.linkedin.com/in/sayedjustetc

Blog: http://sitestree.com, http://bangla.salearningschool.com