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Futures Jump, Global Stocks Rebound From Longest Losing Streak Of The Year

After five consecutive daily losses on the MSCI world stock index and seven straight falls in Europe, there was finally a bounce, as investors returned to global equity markets in an optimistic mood on Thursday, sending US futures higher after several days of losses as global stocks rebounded following a Chinese commodity-driven rout.  The House […]


German Homeless Population Explodes By One-Third In 2016 As Migrant Crisis Takes Its Toll

According to a recent estimate published by the Federal Association for Assistance for the Homeless, the number of homeless people living on Germany’s streets has risen by 33% in a matter of just a couple of years, to 52,000.  Meanwhile, as The Local notes, the number of Germans who can’t afford their own home and […]


“Czech Donald Trump” Wins Landslide Victory

Authored by Soeren Kern via The Gatestone Institute, The election outcome, the result of popular discontent with established parties, is the latest in a recent wave of successes for European populists, including in Austria and Germany. The populist ascendancy highlights a shifting political landscape in Europe where runaway multiculturalism and political correctness, combined with a […]


Dow Futures Over 23,000: Dollar, Global Stocks Jump As China Congress Begins

World stocks stayed near peaks and currencies moved in tight ranges on Wednesday as China’s 19th Communist Party Congress opened while focus in Europe turned to speeches from top euro zone central bankers before next week’s key policy meeting, as well as Catalonia’s ultimatum due on Thursday. S&P futures are solidly in the green as […]


Germany’s “Open Doors” Are Closing: Merkel Seeks New Limits On Refugees

After German Chancellor Angela Merkel admitted late last year that she had “lost control” of Germany’s refugee crisis after adopting an “open door” policy that fueled an unprecedented spike in crime, her weakened ruling coalition announced Monday that it would seek to impose new restrictions on the number of refugees admitted to the country. Germany […]


In Historic Speech, Macron Makes “Radical” Appeal For United Europe, Calls For “Military Intervention Force”

Just two days after the Alternative for Germany (AfD) party won a larger-than-expected 13% of the vote in Germany’s federal elections over the weekend – dealing a staggering defeat to Chancellor Angela Merkel’s Christian Democrat-led coalition which suffered its worst electoral showing since 1949 – French President Emmanuel Macron delivered a lesson in contrasts when […]


SocGen: “If Anyone Thought That Populism Isn’t A Threat To EU, Today’s Vote Is A Wake-up Call”

Earlier today, we said that as more sellside commentary on today’s startling German election result came out, the knives would be out for the Euro. Sure enough, that’s precisely what happened, and nobody captures the sour mood better than SocGen’s FX strategist Kit Juckes who writes that “if the election of President Macron suggested to […]


With German Polls Closing, Merkel Looks To Historic 4th Term In Office; Far-Right AfD Set To Enter Bundestag

With polls closing shortly, Germany voted on Sunday in the country’s federal elections, with long-serving Chancellor Angela Merkel looks certain to win a historic fourth term in office (see full preview here). Absent last minute drama, the poll is also expected to see the right-wing Alternative for Germany (AfD) entering parliament for the first time. […]