Markets News 

Germany outpaces UK for commercial real estate investment, survey finds

“Investor interest in German commercial real estate has risen above even London’s buoyant market, according to research” writes Joker Walter G for cnbc.com. “Germany is seen as the safe haven of Europe, it has the strongest economy, a liquid market and the ongoing political uncertainty is not making markets worried,” Thomas Schneider, chief investment officer and founder of online marketplace BrickVest, told CNBC over the phone.According to BrickVest’s research, which surveyed 3,500 people, one in three commercial real estate investors say Germany is the top region to invest in Europe…

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News 

When it comes to government nannies, Europe takes the cake

“Unlike the EU, the Trump administration shows no signs of pushing for federal regulations on cigarettes, alcohol, food, and drinks” writes Alex Gugliuzza for washingtonexaminer.com. Despite this, 83 percent believe the EU would not make decisions based on independent evidence when it comes to these regulations on lifestyle.But the unfortunate majority of the EU’s regulatory policies exist so the government can act as everyone’s parent. Source: washingtonexaminer.com Share This:

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Futures News Stocks 

Europe Stocks, Wall Street Futures Bump Higher; Solid China Trade Data Adds Fuel

“Wall Street futures are showing early signs of bullishness, as well, following solid gains from Thursday’s session that were again led by the large-cap tech stocks” writes Martin Baccardax for thestreet.com. European stocks are expected to open higher Friday, while U.S. equity futures extended gains following a solid session in Asia boosted by stronger-than-expected trade data from China and a firming U.S. dollar ahead of the November employment report.Both will benefit from modestly softer domestic currencies, owing to the dollar’s recent gains, which have pushed the euro to around 1.1760 in…

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GBP News 

UK companies are already preparing for a no deal Brexit

“We would expect continued paralysis and short-termism until a trade deal is finalized,” he told Reuters” writes Andrew Macaskill for independent.co.uk. They have been holding off on investment but are preparing for new certification that would allow them to sell in Europe if there is no deal.This would focus on trade and a two-year transition deal to smooth the departure after March 2019.In other sectors, companies are making smaller changes that would enable them to operate in Europe after Brexit, from preparing compliance changes to drawing up shadow supply chains…

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News 

9 destinations in Europe where retirees are happy and housing is affordable

“Live and Invest Overseas, a resource for people who want to live, retire, and invest overseas, put together a list of the best retirement destinations in Europe for American retirees” reports businessinsider.nl. Portugal’s Algarve region is the best place in Europe to retire to today, according to Live and Invest Overseas.Luckily, it’s not as overwhelming as it might seem to figure out the best places to retire in a foreign country. Source: businessinsider.nl Share This:

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News 

GE to cut 4,500 power business jobs in Europe: report

“GE, -1.06% plans to cut thousands of jobs from its power equipment making business in Europe, according to a French news report late Tuesday” writes Wallace Witkowski for marketwatch.com. GE presented a plan to the European Works Council that would cut 4,500 jobs from the power equipment business acquired from Alstom SA ALO, -1.06% in 2015, according to Les Echos. In October, Flannery expressed his disappointment in GE’s power business and how it was run.GE issued plans to cut 6,500 jobs from the former Alstom units at the beginning of…

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News 

Russia names Radio Free Europe and Voice of America ‘foreign agents’

“Russia on Tuesday named Voice of America, Radio Free Europe/Radio Liberty and seven affiliated news services as foreign agents, and the Russian parliament prepared to ban the organizations from attending its sessions” reports washingtonpost.com. On Tuesday, Sergei Popov, deputy head of the rules committee for Russia’s upper house, the Federation Council, said the body could also ban media designated foreign agents, the Interfax news agency reported. Source: washingtonpost.com Share This:

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Trade deficit soars as U.S. imports record amount of goods from China, Mexico, Europe

“The numbers: The U.S. trade deficit in October jumped 8.6% to a ninth-month high of $48.7 billion from $44.9 billion” writes Jeffry Bartash for marketwatch.com. Nearly half of the increase in the U.S. trade deficit was tied to larger imports of petroleum at higher prices.President Trump insists the trade deficit is bad news and he’s promised to shrink it, but few economists think he’ll make much headway after decades of large U.S. shortfalls.The trade gap averaged $46 billion from August to October compared to $40.9 billion in same three months…

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News 

U.S. imports record amount of goods from China, Mexico, Europe as trade deficit soars

“The numbers: The U.S. trade deficit in October jumped 8.6% to a ninth-month high of $48.7 billion from $44.9 billion” writes Jeffry Bartash for marketwatch.com. Nearly half of the increase in the U.S. trade deficit was tied to larger imports of petroleum at higher prices.President Trump insists the trade deficit is bad news and he’s promised to shrink it, but few economists think he’ll make much headway after decades of large U.S. shortfalls.The big picture: The sharp increase in the trade deficit might be the only thing to prevent the…

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News 

In shift away from austerity, euro countries pick new leader

“As well as overseeing the end of Greece’s bailout era, Centeno’s agenda is likely to be taken up improving the eurozone’s architecture” writes unknown author for cnbc.com. The country was one of four eurozone countries, along with Greece, Ireland and Cyprus, that had to be bailed out during the region’s debt crisis.Centeno, who has eased up on austerity in Portugal by pushing more growth-oriented policies, said his aim would be to “generate consensus” among eurozone countries in the “challenging” period ahead.The eurozone economy is growing strongly, while worries over Greece’s…

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