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Parliamentary vote

Frontrunning: January 24

  • Dollar steadies after stumble, sterling rides out Brexit ruling (Reuters)
  • After U.S. exit, Asian nations try to save TPP trade deal (Reuters)
  • U.K. Court Rules Brexit Trigger Needs Parliamentary Vote (BBG)
  • Brexit plans unlikely to be slowed by Article 50 defeat (Reuters)
  • Health Secretary Nominee Proposed Bill Benefiting Puerto Rico Investments (WSJ)
  • How Trump Would Rework Nafta—and What Mexico, Canada Want in Return  (BBG)
  • Trump calls for more U.S. auto jobs, factories ahead of CEO meeting (Reuters)

US Futures, Oil Flat As Greenback Rises Despite Mnuchin's "Strong Dollar" Warning

US Futures, Oil Flat As Greenback Rises Despite Mnuchin's "Strong Dollar" Warning

US equity futures were flat, European stocks rose and Asia was mixed after the dollar posted a modest rebound overnight despite Mnuchin's "strong dollar" comments, while oil was flat and gold fell, as investors focused on President Donald Trump’s plans to boost growth. The pound fell after a U.K. court ruled that Parliament must vote on triggering Brexit.

Frontrunning: January 23

  • Dollar slips, shares wobbly as Trump reality sets in (Reuters)
  • Some Republicans Wary of Repealing ACA Without Replacement Plan (WSJ)
  • First days of Trump era signal America's deepening political divide (Reuters)
  • Donald Trump Embarks on His First Week With a Heavy Slate (WSJ)
  • Equatorial Guinea has applied to join OPEC: OPEC source (Reuters)
  • White House Backs ‘Alternative Facts’ (WSJ)
  • Samsung says batteries caused Note 7 fires, may delay new phone launch (Reuters)
  • Trump Makes Revised Trade Deals an Early Priority (WSJ)

Global Stocks Hit 16 Month High As Draghi’s “Dovish Taper” Sustains “Trumpflation”

Global Stocks Hit 16 Month High As Draghi’s “Dovish Taper” Sustains “Trumpflation”

European and Asian shares rose again and S&P futures were little changed, as world stocks were set for a weekly gain and held near 16-month highs on Friday, while the euro steadied after swings following the European Central Bank’s decision to extend its stimulus program. Oil rose a second day before a meeting between OPEC and other major producers on output cuts, industrial metals gain.

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