European Union

Schaeuble: "The Britons Were Endlessly Lied To And Deceived" On Brexit

Schaeuble said that British people were "endlessly lied to and deceived" in last year's Brexit referendum campaign. The finance minister, speaking on the first anniversary of the Brexit vote, was scathing about the "leave" campaigners who persuaded a majority of voters to opt to quit the European Union.

Prepare For A Surge In Volume: Russell Rebalance Day Is Here

Welcome to the one year anniversary of the Brexit vote. Welcome also to the annual Russell rebalance, traditionally one of the busiest trading days of the year: last year's rebalance helped propel a near record turnover of over 15 billion shares. In fact, in four of the last five years, reconstitution day ranked in the 10 busiest trading sessions.

Why The EU's Policy Towards The Syrian Conflict Is A Disaster?

"The European Union has to understand finally that idealism is simply magnifying human suffering and endangering the security of all parties. There is the realist alternative, which focuses on one’s own interest instead of morality."

Futures, European Stocks Flat As Oil Suddenly Tumbles; Pound Slides

European stocks were flat after starting off strongly earlier, dragged lower by energy stocks. Asian stocks, U.S. futures little changed as oil tumbled with Brent tumbling as low as $45.85/bbl to the lowest intraday since November 30 and taking out a 38.2% Fib support, after a one-minute spike in volume to a day-high 5,208 lots just after 6am, with WTI mirroring Brent's momentum, and falling as much as 98c to $43.22, lowest since November 14.

Global Stocks Jump, Dow Futs At New All Time Highs As Brexit Talks Begin

S&P futures rose 0.3% in subdued trading with Dow Jones futs once again in record territory as European stocks jump 0.6% following Sunday's landslide victory for Macron's party in the French parliamentary elections and as Brexit negotiations are set to officially roll out on Monday.

The Fallacies Of The 'Russia-Truthers'

"The anti-Russia hysteria – now rivaling past Red Scares with Russians hiding under every bed – has led to factual errors in press accounts and has erased standards of political fairness...There seems to be nothing that Trump opponents will not say and no charge, however low, they will not stoop to making as long as it furthers the goal of removing Trump from office."

The Treasonous Secession Of Climate Confederacy States

"Like the slave-owner class, leftist elites are letting the arrogance of their wealth lead them into treason. And as they look out from their mansions and skyscrapers, they should remember that the majority of working class people in California and New York will be far less enthusiastic about fighting a war to protect their dirty investments in solar energy plants and carbon credits funded by taxes seized from many of those same people in these left-wing slave states."

Putin Offers Asylum To "Leaker" Comey

"It looks weird when the chief of a security agency records his conversation with the commander-in-chief and then hands it over to media via his friend," Putin was quoted by Russia's Tass. “This is strange. How then is the director of the FBI any different from Snowden?"

70% Of UK Supports Pushing Ahead With Brexit Despite Election Upset

Despite Prime Minister Theresa May’s embarrassing performance earlier this month in a snap election that cost her Conservative party its parliamentary 'majority', more than 70% of Britons still believe the government should push ahead with Brexit – even after the election sparked exclamations from the left for a second referendum...

Frontrunning: June 15

  • Markets Are Sliding Again (BBG)
  • Trump’s Legal Peril Deepens as Mueller Expands Scope of Probe (BBG)
  • Trump blasts report on possible obstruction of justice probe (Reuters)
  • Putin says ex-FBI head Comey gave no proof Russia meddled in U.S. election (Reuters)
  • The Fed Is Flying Blind (BBG)