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Headlines Dec 2

12/2/2021

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Chinese companies are getting closer to being delisted by US regulators.
The US Securities and Exchange Commission adopts a rule requiring US-listed foreign companies to disclose whether they are owned or controlled by a government entity.
South Africa's NICD: Epidemiological data from the country show a threefold increase in the risk of reinfection with the Omicron coronavirus variant.
Fed's Barkin: Inflation readings for next year are likely to be messy.
Fed's Bostic: If necessary, the Fed needs to be able to raise interest rates sooner.
Fed's Bostic: Uncertainty about inflation has the potential to prolong the inflationary environment for a longer period of time.

State Health Department: A case of the Omicron COVID-19 variant has been detected in Minnesota.
US Senate Majority Leader Schumer: A deal on stopgap financing has been reached with McConnell.

OPEC+ has agreed to proceed with the planned January oil output increase- OPEC+ Source. WTI weakened then closed higher for the day.
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