Credit Suisse just released its list of 10 things investors are watching during this holiday-shortened trading week. Here’s a breakdown of the list.
1. Crude Oil And Commodities’ Weakness
Weakness in crude oil and commodities persists driven by a strong dollar and yuan devaluation. A recent article from Bloomberg titled “Masters of the Finance Universe Are Worried About China” highlighted prevailing concerns.
2. Saudi Arabia And OPEC
Saudi Arabia now stands ready to cooperate with OPEC and other countries to stabilize weak oil prices. The next OPEC meeting will be December 4.
3. Healthcare News
In the healthcare sector, shares of Allergan PLC AGN 3.08% and Pfizer Inc. PFE 2.92% were both down on Monday after a merger announcement was finally made official. Mallinckrodt PLC MNK 0.24% surged more than 8.3 percent on Monday following a big Q3 earnings beat.
4. Econ Numbers
The Chicago Fed number, the Markit US Mfg PMI number and the U.S. October existing home sales number all came up…
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