1. Aircraft discounts: Airbus EADSF
The private equity buyer, which includes set up ultra-low cost airlines around the world, made the large commitment for the single-aisle A320neo family airliners at the Dubai Air Show.
The jets will be disseminate across Frontier Airlines in the U.S., Mexico’s Volaris, Wizz Weather of Hungary and newcomer JetSmart of Chile.
Airbus shares jumped 3.3% in Paris.
Rival manufacturer Boeing (BA) quickly struck back, announcing an order from FlyDubai for 737 MAX airplanes with a good list price worth of $27 billion.
The deal includes a commitment by the low-cost airline to buy 175 planes, with options on a further 50.
2. Markets in the red: Global markets slumped on Wednesday, and U.S. share futures had been pointing to a poor open.
U.S. crude futures had been trading 1% lower.
The CNNMoney Fear & Greed Index, which looks at volatility and six other key industry barometers, has moved from greed to neutral. The next stop could be fear.
The Dow Jones professional average closed 0.1% more affordable on Tuesday, while the S&P 500 dropped 0.2% and the Nasdaq shed 0.3%.
3. Japan’s earning streak: Japan’s economy grew 1.4% in the third quarter because of strong employment, solid household consumption and export progress.
The country has posted seven straight quarters of expansion, its longest amount of uninterrupted growth since 2001.
JAPAN yen strengthened against major currencies.
It’s not all very good news: Economists warn the world’s third biggest economy might start functioning into capacity constraints. Japan’s growth report in addition has been overshadowed by some corporate scandals and low wage progress for workers.
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4. Earnings and economics: Goal (TGT) plans release a earnings before the beginning bell, while Cisco Devices (CSCO, Tech30), Stein Mart (SMRT) and L Makes (LB) will follow after the close.
The U.S. Bureau of Labor Figures will let go its October inflation survey at 8:30 a.m. ET. The most recent data on retail product sales will be introduced concurrently.
The weekly U.S. crude inventories survey will follow at 10:30 a.m.
The U.K.’s unemployment rate was simply 4.3% in the 90 days to September. But prices are rising faster than wages as the united states negotiates its departure from europe.
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5. Coming this week:
Wednesday — Goal, Cisco (CSCO, Tech30), L Makes earnings; U.S. retail product sales for October; U.K. unemployment
Thursday — Best Buy, Walmart, Gap, Viacom (VIA) earnings
Friday — Abercrombie & Fitch earnings