"The people made their choice, and did so decisively. It is the responsibility of the government to get on with the job and to carry out their instruction in full," Theresa May wrote in a Sunday Telegraph op-ed. She said members of parliament who regretted the referendum result "need to accept what the people decided".
It appears that Argor-Heraeus, one of Switzerland's 4 giant gold refineries, is about to be acquired. Including Metalor and Valcambi, that would make 3 Swiss gold refinery takeovers in less than 18 months.
Asian stocks, S&P futures and European shares trade flat as a tightening race for the U.S. presidency spurs demand for haven assets including the yen while weighing on stocks and Mexico’s peso. A turbulent overnight session saw some early risk off following the plunge in Facebook shares and the Fox News report that an FBI probe into the Clinton foundation may lead to a "likely indictment."
The latest release shows more Clinton Foundation pay-to-play arrangements, not with Moroccan kings or Saudi princes, but with a Ukraine oligarch. "Are folks comfortable offering Victor a private meeting on one of those dates? At this point I get the impression that although I keep saying WJC cares about Ukraine, Pinchuk feels like WJC hasn’t taken enough action to demonstrate that..."
Global stocks, S&P futures, the Mexican peso, the Korean Won and crude oil all fell as traders were spooked by polls suggesting a tightening race and Trump momentum ahead of next week’s American presidential election. The yen and Swiss franc gained, as did global bond markets and gold as investors flocked to safe haven assets.
"I am now convinced that the Oligarchy that rules America intends to steal the presidential election. In the past, the oligarchs have not cared which candidate won as they owned both. But they do not own Trump."