Market ‘paradigm shift’ may be under way, but more volatility likely: BIS
http://www.reuters.com/article/us-global-markets-bis-idUSKBN1400IM
Prudential investigating Wells Fargo partnership after scandal
http://www.reuters.com/article/us-wells-fargo-accounts-prudential-idUSKBN13Z0KA
Monday’s Pre-Market Look: Stocks In The News Before The Open
Newell Brands (NWL) — The consumer goods company announced a deal to buy New Zealand-based Sistema Plastics, a maker of food storage containers, for $470 million. AT&T (T) — Baird upgraded AT&T to “outperform” from “neutral.” Baird said a confluence of events significantly improve the company’s longer-term prospects, including President-elect Donald Trump’s focus on deregulation…
Iran signs $16.6 billion deal for 80 Boeing planes: IRNA
http://www.reuters.com/article/us-iran-boeing-idUSKBN1400CR
Saudi hits new oil output record in November amid OPEC cut talk
http://www.reuters.com/article/us-opec-oil-output-idUSKBN1400J5
The Morning Look
Market Update: Stock futures are mixed to lower before Monday’s open. Crude oil is up after OPEC and Non OPEC members struck a deal to cut production for the first time since 2001. Separately, investors are now waiting for the Fed meeting on Wednesday. Gary’s Thoughts: Our longer weekend report will be out tonight. NASDAQ…
Greek parliament approves 2017 budget projecting return to strong growth
http://www.reuters.com/article/us-eurozone-greece-budget-idUSKBN13Z0RY
Trump says China, others devalue currencies as U.S. economy improves
http://www.reuters.com/article/us-usa-trump-currency-idUSKBN13Y2LV
Required Reading
Turkey vows vengeance after Kurdish militants blamed for attack that killed 38 North Korea’s Kim guides special operations drill targeting South Russia says Islamic State launches second assault on Syria’s Palmyra Republican wins Senate runoff in Louisiana, giving party 52 seats Gambia’s President Jammeh to challenge election loss at top court Syrian army advance in…
OPEC, non-OPEC agree first global oil pact since 2001
http://www.reuters.com/article/us-opec-meeting-idUSKBN13Z0J8