There was very little to report yesterday as Americans got back into the swing of things following last week’s Thanksgiving celebrations. The Dow gained more than 300 points in early trading. You have all probably seen what Trump said he was thankful for, but even if you haven’t, it is hardly that surprising. The President has come under fire over the weekend for overseeing the use of teargas on a group including children over the weekend.
Towards the end of yesterday, we learned that Roger Stone associate, Jerome Corsi, rejected the plea deal offered by Robert Mueller. The right wing conspiracy theorist said that he will not take a plea deal because he does not believe he ‘wilfully lied’. It will be interesting to see what the Mueller investigation finds in the coming months, after there was a concerted effort to step back through fear of influencing the midterms.
It is a pretty quiet day for economic data from the UK, eurozone and US today, but we will see the CB consumer confidence reading for November at 3pm UK time. It is expected to have dipped a little to 135.5 from 137.9 the previous month.
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