World Headlines 2018-11-13

RQ Cross Box: 2018-11-13

WORLD HEADLINES - European shares recovered on Tuesday after feeling the strain of a tech rout on Wall Street, while political risks in Europe helped the dollar as investors dumped riskier assets. STOCKS - Fears of a peak in corporate earnings growth, softening global demand and rising interest rates in the United States have put investors on edge in the past month. BONDS - The Italian government faces a Tuesday deadline to submit a revised budget to the EU. Its refusal so far to cut the draft deficit sets the stage for a collision with Brussels. COMMODITIES - Oil prices hovered near multi-month lows after declining for a record 11th consecutive session as Trump said he hoped there would be no oil output reductions. CURRENCIES - The British sterling jumped half a percent to as high as $1.2917 GBP=D3 after a British cabinet office minister said a Brexit agreement with the EU was still possible in the next 24 o 48 hours. ECONOMIC DATA - FOMC Member Brainard Speaks at 10:00, CNY Industrial Production y/y at 21:00.

World Headlines 2018-11-13

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