The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
HEADLINES
* Quiet session until headline, Phase-1 deal may not be completed this year
– Retaliation over US House planning to support Hong Kong protesters
– A major decision for Trump, economic versus overwhelming bipartisan support
– Sends DOW off another 130, currently -215
* FOMC minutes, expect a continuation of recent Fed speak
– Settings appropriate, data dependent outlook remains
– Powell’s cordial meeting with Trump unlikely to get any air…