Japan GDP Surges 4%, Most In Two Years, On Jump In Government Stimulus Spending

Japan's economy grew by 1% sequentially, and 4% on an annualized basis in Q2, smashing expectations of a 2.5% print and well above the upward revised 1.5% in the first quarter; it was also the the highest quarterly growth since a 5% print in Q2 2015, as some of the public works spending included in last year’s economic stimulus package starting to emerge; meanwhile exports declined.

Stolen Russian S-200 Missile Explodes After Being Sold For Scrap

According to BBC, the incident has ignited lively discussion on Russian social media, with many asking on popular social network VKontakte how it came to be at a recycling plant in the first place. "What was a missile doing at a non-ferrous scrap metal collection point?" asked Demid Tkachenko.

FX Week Ahead: Myopic Markets Hit USD On Inflation Miss

Once again, sluggish inflation takes a hammer to currency and we saw the USD turn back from a tentative recovery, which many still see as corrective against some of its major counterparts.  In comparative terms, we still feel the numbers out on Friday were not as bad as the pundits and markets perceived, but liquidity in the summer is not at its best.

Intel Memo: Marco Rubio Targeted For Assassination By Venezuela Lawmaker

Senator Marco Rubio may have been targeted for assassination by one of Venezuela's most powerful lawmakers and long time secretive head of the country's security services. According to the Miami Herald, the US Department of Homeland Security disseminated a sensitive memo to federal agencies last month which identified Diosdado Cabello Rondon as behind the "order to have Senator Rubio assassinated."

Futures Up, Gold Down With World "On The Brink"

Despite the dramatic action in Bitcoin this weekend, it appears the world's wise capital markets investors know just what to do faced with civil war in America, kinetic war with Venezuela, and nuclear war with North Korea - simple - Buy The Dow and Sell Gold...

Russia-gate's Fatally Flawed Logic

"By pushing the Russia-gate 'scandal' and neutering President Trump’s ability to conduct diplomacy, Democrats and Congress have encouraged his war-making side on North Korea..."

CIA Director: "We Are Not On The Cusp Of A Nuclear War"

How close is the US to war with North Korea? That was the question several top military and national security advisors struggled to answer over the weekend, mitigating fears of an imminent nuclear war even as Trump raises geopolitical tensions and boosts bellicose rhetoric with every public appearance.

Is Ethereum About To Unseat Amazon Cloud?

Microsoft, a key partner in the alliance, has released the Confidential Consortium (Coco) Framework, an Ethereum-based protocol that could revolutionize how companies use the Ethereum protocol for business applications...

Passport Global Slammed With Over 60% In Redemptions In Q2

"For the second quarter, the Fund had net outflows of $480 million. Firm-wide, net outflows (not including the Long Short hedge fund strategy liquidation, effective 4/30/2017) totaled approximately $565 million. At quarter-end, net of June 30th redemptions, Fund assets stood at $275 million and Firm assets totaled approximately $900 million."