The Day Today 6th September 2019

The Day Today 6th September 2019

– Fitch downgrades Hong Kong to AA from AA+, the outlook goes to negative from stable as “public discontent is likely to persist”. There are more protests planned for this weekend
– BOJapan Kuroda says on interest rates “further into the negative zone is always an option”
– John Major, ex PM, criticises Boris Johnson’s adviser as “political antichrist”
– Corbyn discusses Oct 29th election date with the SNP, Boris wants October 15th
– UK equity funds had more money withdrawn according to the Investment Association
– Robert Mugabe dies

S&P one month highs, trade optimism. Asian equities are also higher 

The Week That Will Be today sees NFP, a possible Russian rate cut and Jay Powell speaking (5:30pm). This week saw two Fed presidents give different reasons for the fall in Treasury yields, Rosengren blaming weakness abroad and Kaplan domestic issues

On this day in 1916 the first self service grocery store opened in Memphis, Tennessee and is now a supermarket chain operating in the Southern and Midwestern regions of the United States

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