RTNews Morning Market Briefing - December 16, 2014.

Commentary
Stocks are likely to come under pressure in early trading on Tuesday, extending the downward trend seen over the past several sessions. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 49 points. (Dec 16, 2014Full Article 
Economic News
Members of the Reserve Bank of Australia's monetary policy board said that the country's economic growth continues to be slightly below trend, minutes from the bank's December meeting revealed on Tuesday. (Dec 16, 2014Full Article
China's manufacturing sector has moved to contraction in December, the latest survey from HSBC Bank revealed on Tuesday, showing a seven-month low PMI score of 49.5. (Dec 16, 2014Full Article 
Japan's manufacturing sector continued to expand at a slightly accelerated pace in November, the latest survey from Markit Economics revealed in Tuesday's preliminary reading with a PMI score of 52.1. (Dec 16, 2014Full Article 
Russia's central bank unexpectedly raised its key rates sharply at an emergency meeting early Tuesday to shore up the currency. The Bank of Russia lifted its key rate to 17 percent from 10.5 percent, effective today. This was the sixth rate hike this year. The upward adjustment came after 100 basis point-hike last week. (Dec 16, 2014Full Article
New Zealand's Treasury said on Tuesday that the budget will continue to remain in a deficit in the current fiscal year. A deficit of NZ$572 million is forecast for the 2014-2015 year, the Treasury said in its half-year economic and fiscal update. (Dec 16, 2014Full Article 
European car sales grew at a slower pace in November, a monthly report released by the European Automobile Manufacturers Association showed Tuesday. (Dec 16, 2014Full Article 
The Bank of England said the Co-operative Bank, Lloyds Banking Group and Royal Bank of Scotland should strengthen their capital position. (Dec 16, 2014Full Article 
Germany's economic confidence rose to the highest level since May 2014, survey results from Centre for European Economic Research showed Tuesday. (Dec 16, 2014Full Article 
U.K. inflation slowed more-than-expected to a 12-year low in November as the decline in oil prices dragged transport costs and food prices lower. Inflation eased to 1 percent in November, the lowest since September 2002, from 1.3 percent in October, the Office for National Statistics said Tuesday. Economists had forecast inflation to fall marginally to 1.2 percent. (Dec 16, 2014Full Article 
Eurozone private sector expanded slightly more-than-expected in December, underpinned by the periphery, preliminary data from a survey by Markit Economics showed Tuesday. However, activity growth in Germany slowed to an 18-month low due to lower order intakes and recent airline and rail strikes. At the same time, the French private sector contracted at a slower pace in December. (Dec 16, 2014Full Article 
New residential construction decreased in the month of November, according to a report released by the Commerce Department on Tuesday. (Dec 16, 2014Full Article 
Broker Ratings Changes
FBR Capital Markets Starts Peak Resorts Inc. (SKIS) At Outperform With $10 Price Target
(Dec 16, 2014)  
Todays WS Events
3M 2015 Outlook Meeting At 8:00 AM ET
3M Co. (MMM) will host its 2015 Outlook Meeting in New York City. The event is scheduled to begin at 8:00 AM ET on December 16,2014. To access the live webcast, log on athttp://phx.corporate-ir.net/phoenix.zhtml?c=80574&p=irol-IRHome (Dec 16, 2014)  
CVS Health Analyst Day At 8:00 AM ET
CVS Health Corporation (CVS) will hold its annual Analyst Day in New York City. The event is scheduled to begin at 8:00 AM ET on December 16,2014. To access the live webcast, log on at http://investors.cvshealth.com (Dec 16, 2014
Darden Restaurants Q2 15 Earnings Conference Call At 5:00 PM ET

Darden Restaurants Inc.(DRI) will host a conference call at 5:00 PM ET December 16, 2014, to discuss its Q2 15 earnings results. To access the live webcast, log on athttp://investor.darden.com/investors/investor-relations/default.aspx (Dec 16, 2014)

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