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Global Stocks Tumble, Asia Plunges On Chinese Commodity Carnage

The euphoria of the past month has ended with a thud and BTFDers are strangely missing as the commodity chill out of China (which overnight became full blown carnage), has unleashed a global risk-off phase ahead of today’s critical CPI data, resulting in broad and sharp selling across global markets, as European stocks followed declines […]


Goodbye Royal Marines

Authored by Matthew Jamison via The Strategic Culture Foundation, Over the course of the summer there was great fanfare and much to do from the British Secretary of State, Sir Michael Fallon MP, regarding the 'completion' of two new British aircraft carriers called HMS Queen Elizabeth and HMS Prince of Wales. Fallon, a thoroughly odious […]


FX Week Ahead: Discretion And Common Sense Not Easy For “The Machines”

Submitted by Shant Movsesian and Rajan Dhall MSTA of fxdailyterminal.com Coming off the back of a mixed payrolls report which saw the headline number recording a negative balance for the first time in 7 years, the USD initially gained on the rise in wage inflation which recorded a 0.5% increase in average hourly earnings.   Into […]


World Stocks Pull Back Amid Rising Concerns Of A Market Correction

For the first day in three S&P futures have pulled back modestly from record levels as some investors cautioned that gains had gone too far, too fast, European shares are mixed while Asian equities extended their longest rising streak in almost two months as continued gains in Japan and India offset the losses in Hong […]


Leaked Brexit Document Reveals UK Hardline Plan To Deter EU Immigrants

According to a document leaked by the Guardian and prepared by the Home Office, the UK has prepared a “hardline” Brexit plan according to which Britain will end the free movement of labor immediately after Brexit and introduce restrictions “to deter all but highly-skilled EU workers.” The proposal seeks to drive down the number of […]


“Is This Time Different?”: Global Risk Pares Losses Despite Report Of Imminent N.Korea ICBM Launch

Having started off with a sharp gap lower following Sunday’s news of the latest, 6th nuclear test by North Korea, global stocks and US futures pared losses in the overnight session, despite reports of North Korean preparations for yet another missile launch, while the yen trimmed its risk-off gains even as gold kept its upside […]