Initial Jobless Claims Jump Most Since 2016's Growth Scare

Ignoring the storm-driven aberrations, this week's 10k jump in initial jobless claims to 249k signals a notable regime shift in the labor market. For the first time since 2016's growth scare, there are more Americans opening jobless claims than last year...

Import, Export Price Growth Slows As China-flation Slumps To 2007 Lows

Hotter than expected Core PPI and CPI prints in the last two days suggested Import Prices may also come in hot but that was not the case as the MoM rise in import prices was just 0.2% (vs +0.4% exp). Year-over-year however, both import and export price growth declined modestly.

UN Diplomat Plunges To His Death After "Game Of Trust" Gone Wrong

Sometimes, being too trusting can be a fatal mistake - especially in diplomacy - as one member of the Australian delegation at the United Nations learned early Wednesday morning, when he plunged to his death from his Manhattan balcony during a night of boozing with friends and his wife.

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. 

Why Pound Volatility Is Here To Stay

"This time BOE Governor Carney has stressed the importance of the divorce talks to monetary policy. And the turmoil in Westminster means the current impasse in negotiations may continue into 2018, making sure sterling remains very sensitive to Brexit headlines."

The EU's Biggest Standing Armies

The foreign and defense secretaries of 23 EU countries (out of 28 in total) agreed on Monday to take further steps towards forming a European defense force. These are the EU countries with the largest standing armies...