One notable thing about the sharp rally seen in stocks at the end of last week was that it wasn’t accompanied by a similarly strong rebound in commodity prices, and in particular oil prices whose performance since the lows in August had until last week more or less mirrored the performance of equity markets.
Source: Weak oil and caution ahead of FOMC pulls stocks off their highs. | CMC Markets UK
BEIJING (AP) — China summoned the American ambassador to protest the U.S. Navy’s sailing of a warship close to one of China’s artificial islands in the South China Sea, in an act that challenged Chinese sovereignty claims.
Source: China summons US ambassador to protest ship near reef – Yahoo News
Forest fires are raging across Indonesia, creating thick smog that’s believed to be the caused of 500,000 respiratory infections.
Source: News – Climate disaster: Indonesia fires a ‘crime against humanity’ – The Weather Network
Andrew Phillip Chernoff 