Giving thanks for bad economic news

By Anna Szymanski

-By Anna Szymanski, Editor successful Charge, Reuters Open Interest

What matters successful U.S. and planetary markets today

Weaker-than-expected U.S. economical information has upped bets for a Federal Reserve involvement complaint chopped adjacent month, giving planetary equities a boost arsenic we determination into the Thanksgiving holiday. And portion Americans are prepping turkeys oregon heading to the airport, Britain ​will beryllium chewing implicit the details of its much-debated budget, which Rachel Reeves, the UK's concern minister, is releasing today.

For much connected the UK budget, cheque retired ROI editor-at-large ‌Mike Dolan's latest file connected wherefore a rallying U.S. enslaved marketplace whitethorn soften immoderate antagonistic marketplace absorption implicit successful gilts.

Also, cheque retired Mike connected the latest occurrence of the caller Morning Bid regular podcast. Subscribe to perceive Reuters journalists sermon the biggest quality successful markets and concern 7 ‌days a week.

We'll beryllium disconnected for the Thanksgiving holiday, truthful look retired for the adjacent variation of Morning Bid connected Monday.

Today's Market Minute

* The U.S.-backed 28-point bid program to extremity the warfare successful Ukraine, which became nationalist past week, drew from a Russian-authored insubstantial submitted to the Trump medication successful October, according to 3 sources acquainted with the matter.

* British concern curate Rachel Reeves is apt to denote tens of billions of pounds of caller taxation increases connected Wednesday successful a fund that puts her credibility connected the enactment some with enslaved investors and with lawmakers demanding much payment spending.

* U.S. tech companies' stock of S&P 500 net has been slipping adjacent arsenic their publication to the ⁠index's marketplace worth remains adjacent multi-decade highs, raising concerns that their prices ‌are further removed from underlying nett trends.

* Europe’s state marketplace is acold calmer contiguous aft years of turmoil that saw the portion swap Russian supplies for liquefied earthy state imports, a strategy that is improbable to alteration adjacent if President Donald Trump brokers a bid woody successful Ukraine, writes ROI Energy Columnist Ron Bousso.

* Reeves, who faces a make-or-‍break budget, should presumption her Labour government’s heavy unpopularity arsenic a gift, writes Mike Peacock successful his caller file for ROI.

Giving acknowledgment for atrocious news

U.S. stocks roseate for the 3rd consecutive time connected Tuesday aft information showed softer-than-expected retail income and weakening user confidence.

Retail income accrued by 0.2% successful September aft an unrevised 0.6% summation successful August. Economists polled by Reuters had forecast retail income would summation by 0.4%. The information was a spot stale, arsenic the study was ​delayed by the 43-day U.S. authorities shutdown. But antagonistic vibes were besides evident successful the Conference Board's user assurance index, which dropped to 88.7, the lowest level since April.