The Day Today 11th September 2019

– China will implement measures to ease trade war
– US senators warn of export controls to stop China gaining sensitive American technology through Hong Kong
– South Korea to file WTO complaint over Japan’s export restrictions
– RBAustralia commented on QE thinking it “unlikely at the current juncture”
– Brexit sees Labour split and the EU thinks Boris will try for a deal as he softens on the backstop
– Dimon says JPMorgan are analysing how to cope with zero rates
– Japan cabinet reshuffle ahead of consumption tax rise, he keeps close allies yet drafts in new comers
– Peloton looks at $1.3bn IPO valuing it at $8bn
– Victoria’s Secret (US) warns £ drop undermines viability of UK arm’s lossmaking business

US equity markets were basically flat, tech stocks weighed them down. Apple’s announcement of TV+ hit shares of Netflix and Roku. Asian equity markets and US futures climbed higher on news of China implementing measures to ease the trade war

The Week That Will Be

On this day in 1978 Georgi Markov died of ricin poisoning after being shot with an ‘umbrella’ by a man on Waterloo Bridge. He had defected from Bulgaria in 1968 and worked for the BBC World Service

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