France

Global Stocks, US Futures Slide Spooked By G20 Protectionist Shift; Dollar Drops For 4th Day

Global markets start the week mixed with Asian stocks rising (Japan was closed for holiday), European stocks sliding, weighed down by declines in oil-and-gas shares and banks, and S&P500 futures also down. The dollar fell to a six-week low, falling four days in a row for the first time since early November as G20 leaders scrap a long-standing commitment to reject all forms of trade protectionism.

Dutch Election Results Confirm 'Far Right Populism' Still On The Rise In Europe

Those who support the idea of globalism and strive for closer European integration believe the results of the Dutch election indicate the tide has been stemmed, with Eurosceptics and "populist" forces on the defensive - the buck stops here, this is the end of domino effect. However, let’s look at the facts...

FX Week Ahead

This week has not been one to savor for USD bulls, with the FOMC rate hike accompanied by a statement which failed to generate the fresh wave of hawkish sentiment markets had positioned for. Fresh US data will therefore be required to drive fresh direction...

The Long Run Economics Of Debt Based Stimulus

Attempting to spend a nation to prosperity using borrowed money is not without consequences.  In the short run, an illusion of wealth can be erected.  In the long run, that illusion slips into decay and disrepair.

Is Denmark On The Brink?

"The Danes look at Sweden with absolute horror...Denmark is on the brink. And Europe is on the brink. We completely lost our culture, our values and our moral compass. What used to be good is now evil and vice-versa."

Row Breaks Out At G-20 Over Future Of Global Trade

A row appears to have broken out during today's G-20 meeting in Baden Baden, Germany - the first for the Trump administration - where the dominant topic is trade, and specifically how the "globalization vs protectionism" debate will look in a world where Donald Trump is president of the world's biggest economy.

In Europe, Winners Are Losers & Left Is Right

The Dutch elections on Wednesday have provided a whole bunch of Orwellian narratives... those who think they can see in the Dutch experience, a sign that Marine Le Pen’s chances in France’s presidential elections in April and May have dropped a lot, would appear to be delusional.

EURUSD Tumbles As Le Pen Support Jumps

Given the collapse of European VIX to record lows, one could be forgiven for thinking that there's nothing to worry about. However, a one point jump in first-round support for French far-right presidential candidate Marine Le Pen has sparked a notable drop in EURUSD this morning.

Will Chrystia Freeland Finally Ruin Canadian-Russian Relations?

What should Canada’s surviving veterans think about the Liberal government sending Canadian advisors to train Kiev’s armed hooligans? "Against Russian aggression," Freeland would no doubt retort. But even MSM journalists in Canada, not as venal as their American counterparts, have derided such talk as "delusional." The question is will the majority of Canadians fall for Freeland’s dangerous Russophobia?

Global Stocks Soar To Record Highs On "Dovish" Fed, Dutch Vote

World stock indexes surged to record highs on Thursday while the dollar traded close to a one-month low after the Federal Reserve hiked U.S. interest rates but signaled no pick-up in the pace of tightening, while the Dutch elections were broadly interpreted as a drop in support for Europe's anti-establishment powers.