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Crashing Dollar Sends European Stocks, US Futures Reeling; Yuan Has Best Week On Record

European stocks dropped, Asian and EM market rose, and S&P were lower by 0.3% as investors assessed the latest overnight carnage in the USD which plunged to the lowest level since the start of 2015, sending the USDJPY tumbling to 107, the euro extending gains to just shy of $1.21 and a slowdown in China’s […]


Big Oil Nervous As Venezuela’s Maduro Seizes More Power

Authored by Tsvetana Paraskova via OilPrice.com, The pro-government constitutional assembly loyal to Venezuelan President Nicolas Maduro seized the powers of the opposition-led congress today, in a move that necessarily has Big Oil nervous that Trump will make good on his economic sanctions threat. Maduro’s bold political move on Friday means further intensifies the dramatic decline […]