Shorts – Summaries

Japan Q3 GDP fell by more than first thought, down 2.9% on an annualised basis from the 2.1% prior estimate. US Secretary of State Blinken told Israel he expects it to end the war with Gaza within the next month. Apple is for the first time allocating its new product development resources for the iPad to…

BOJ Ueda said they have several options on which interest rates to target when they end negative rates. China exports in November grew 0.5% yoy vs f/c -1.1%, imports fell 0.6% vs f/c +3.3%. UK immigration minister resigned saying the government’s emergency Rwanda legislation “does not go far enough”. AMD launched a new product the…

Brussels proposes 3 year delay to EV sales tariffs between UK and EU. Australia Q3 GDP growth slows to 0.2% qoq vs f/c 0.4%. Moody’s downgraded China credit outlook to “negative” from “stable”. When asked if he would be a dictator, Trump said “No. No. Other than day one”. Biden said “If Trump wasn’t running, I’m…

Rishi Sunak suffered his first Commons defeat as 20 Conservative MPs sided with Labour in a vote over the infected blood scandal. RBA left interest rates unchanged. UK BRC KPMG Retail Sales Monitor on like for like sales in November increased 2.7% yoy vs 2.5% previously and a 12 month average of 4.1%, “consumers are…

EU leaders are arguing over topping up their budget putting funds for Ukraine at risk. Evergrande, Chinese property developer, won more time as a Hong Kong judge unexpectedly delayed a decision on Evergrande’s liquidation, their share price surged 22%. Alaska Air announced it will buy Hawaiian Holdings Inc for $1.9bn. The Two Weeks That Will…