Highlights of Obama's year-end news conference via ForexLive

Obama held his year-end news conference and touched on a variety of subjects:

• USA will respond to Sony hack in time and manner we choose
• Hackers caused a lot of damage and we will respond
• Wants to fix provisions in US tax code that give incentives for corporate inversions
• Changes is going to come to Cuba “it has to”
• Obama sees very little impact on US oil prices if Keystone pipeline approved
• Keystone would mainly benefit Canada
• Will ultimately need to end Cuban embargo

Nothing surprising or market moving.

posted via ForexLive