| Advertisement
Here is what you need to know. 1. The UK Supreme Court rules that Boris Johnson's suspension of parliament was illegal. The country's highest court determined the prime minister's decision was "unlawful" and that the suspension of parliament was now "void," meaning members of parliament could return to Westminster immediately. 2. World stocks are rising on hopes for a fresh round of US-China trade talks. US Treasury Secretary Steven Mnuchin said negotiations will resume in two weeks. 3. China reportedly allowed tariff-free imports of US soybeans — a sign trade-war tensions may be thawing. China's commitment to buy American agricultural goods is expected to be one of the key talking points in next month's talks as Trump attempts to win support from America's farming states. 4. Family offices expect a recession next year — and many are hoarding cash to prepare. UBS released its global family office survey on Tuesday, assessing how family offices feel about the economy, whether investment strategies are changing, and which markets are best to park money in. 5. Rival airlines are hiking prices by as much as 400% after Thomas Cook collapsed. Thomas Cook ran dozens of flights a day, and its collapse left 600,000 people stranded around the world. 6. AB InBev's Asia unit raised $5 billion in the world's second-largest 2019 IPO. At a final deal size of $5 billion, the listing will be the second-biggest globally this year, trailing only the $8.1 billion flotation of Uber. 7. JPMorgan's Jamie Dimon met with WeWork's Adam Neumann this weekend to hash out how to get its botched IPO back on track. WeWork's board is considering ousting Neumann as soon as this week, according to media reports, because of questions around his use of company money and whether he used drugs on the job. 8. Stocks are pushing up today. US stocks are set to rise with futures underlying the S&P 500 (+0.3%) and Nasdaq (+0.3%) both nudging higher. In Europe, the DAX remained flat on open while the Euro Stoxx (+0.2%) pushed upwards. Asian indexes closed higher with the Nikkei (+0.1%), Hang Seng (+0.2%), and Shanghai Composite (+0.3%) all up. 9. There are loads of interesting results out later. Nike and Phillip Morris are set to release quarterly earnings. 10. There is a stack of data scheduled for release. The highlights are this month's housing price index and consumer confidence index. | 