Fox News

Moral Supremacy And Mr. Putin

Is Donald Trump to be allowed to craft a foreign policy based on the ideas on which he ran and won the presidency in 2016? Our foreign policy elite’s answer appears to be a thunderous no.

Frontrunning: February 7

  • Senate to Vote on DeVos Confirmation Amid Fiery Debate (WSJ)
  • Investors Cut Back on Commercial Property (WSJ)
  • Euro, European bonds unnerved by French politics (Reuters)
  • Trump’s Dodd-Frank Do-Over Diverted to Slow Lane (BBG)
  • In GOP, Divide Grows Over Pace of Obamacare Repeal (WSJ)

Global Stocks, US Futures Rise Despite Growing Political Tension In Europe

In a relatively quiet session, which may see US traders sleep in a bit after last night's Superbowl thriller, European and Asian shares rose ahead of Mario Draghi’s testimony at the European Parliament, while US equity futures were fractionally higher (up 0.1% to 2,293) after stocks jumped the most in a week, as traders assessed the trajectory for interest rates while scrutinizing every new Trump tweet.