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

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