Market News and Commentary November 15

Sterling, Euro Stocks Scuttled As Brexit Deal Hits The Rocks. Theresa May’s job hangs by a thread today as she was hit by a wave of resignations over her Brexit plan. Saudi Arabia to seek death penalty for 5 accused in Khashoggi killing. Record U.S., Russia and Saudi oil production means supply well outstrips global demand: IEA. Theresa May on the brink after wave of resignations in protest at her Brexit deal that ‘blackmails the country.’ Trump takes aim at Mueller as speculation over Russia probe’s end grows. J.C. Penney gives gloomy outlook before holidays. U.S. levels sanctions on 17 Saudis for alleged involvement in Khashoggi killing.

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