10 Things You Need To Know Before European Markets Open
Samsung Just Won A $3 Billion License In Vietnam. South Korea's Samsung has secured a license to invest $3 billion (£1.91 billion) to expand its production in northern Vietnam, the Vietnamese government said.
Hong Kong Police Have Started Clearing Protest Sites. Hong Kong authorities encountered little resistance as they began clearing part of a pro-democracy protest camp in the bustling district of Mong Kok on Tuesday following a court order to reopen a road.
Saudi Arabia May Resist Calls To Cut Oil Output At This Week's OPEC Meeting. OPEC's biggest crude producer Saudi Arabia will have its sights set on the upstart US shale oil business at a crucial cartel meeting to debate possible output cuts on Thursday.
Iran Negotiations Have Until July. Iran and world powers have given themselves seven more months to clinch a landmark nuclear agreement, and defuse a 12-year standoff, after missing a Monday midnight deadline for a deal.
United Technologies' CEO Quit. Investors were not expecting the exit of Louis Chenevert, CEO of the US manufacturer that makes Sikorsky helicopters, according to the Financial Times.
US Prosecutors Are Taking Their FX Probe To The UK. US prosecutors will travel to London in the coming weeks to interview traders about currency market manipulation, the latest sign that authorities are closer to filing criminal charges stemming from the long-running probe, sources told Reuters.
General Motors Is Expecting Sluggish Demand Everywhere But The US. General Motors President Dan Ammann on Monday said he expects "more of the same" next year from a US auto market that has been growing slowly, while he is bracing for continued soft demand in other parts of the globe.
Asian Markets Are Mixed. The Nikkei closed up another 0.29% in Japan, but Hong Kong's Hang Seng is currently trading down 0.16%.
US GDP Is Coming. The second estimate of US Q3 growth will be out at 1.30 a.m. GMT, with economists expecting a 3.3% annualised expansion. Italian retail sales for September are also out at 9 a.m. GMT, giving an insight into Europe's third-largest economy.
Jean Claude Juncker Is Planning A Big EU Spending Programme. According to the Financial Times, EU Commission President Juncker will soon announce a €315 billion ($391.4 billion) plan named the European Fund for Strategic Investment.