The Day Today

– BOE Tenreyro: ‘If uncertainty over the future trading arrangement or subdued global growth continue to weigh on demand, then my inclination is towards voting for a cut in Bank Rate in the near term’

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– Ukrainian passenger jet downed by Iranian missile evidence suggests
– Australia Retail Sales for November jump most in three years, 0.9% more than double estimates of 0.4%,

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– China inflation 4.5% vs f/c 4.7%, PPI -0.5% vs expected -0.4%
– Australian trade surplus A$5.8bn vs f/c A$4.1bn
– Ukrainian jet on fire before crashing say Iranian investigators
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– Ukraine embassy in Iran now says any reason is possible for the plane crash after initially saying engine failure, as the head of Tehran’s civil aviation organisation says  they will not give the black box to Boeing and it is not clear which country they would give it to
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– Iran hit two bases in Iraq where there are US troops, however it appears there are no US casualties with President Trump saying “all is well”

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