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India Deploys More Troops Along China Border, Raises "Caution" Level

In a strategic move, India has poured in more troops along the entire stretch of its border with China in the face of heightened rhetoric by Beijing over the Dokalam standoff, senior government officials said today. The "caution level" among the troops has also been raised.

US Crude Production At Cycle Highs As Rig Count Stabilizes; Desperate Saudis Jawbone Deeper Cuts To Come

A tough week for crude oil, which tumbled after algos tagged $50 stops yesterday following the biggest gasoline inventory build in 7 months. While the US oil rig count has stopped rising in the last few weeks, production continues to hit cycle highs stalling prices, but the Saudis are not giving up on their incessant jawboning - hinting that "deeper cuts" are still on the table.

Global Market Rout Spreads: VIX Marches Higher As China Stocks, Currency Plunge

The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday following a third day of escalating verbal exchanges between Trump and Kim, with European and Asian shares tumbling as volatility across the globe spiked, with the selloff in US futures continuing albeit at a more modest pace.

Pepe Escobar On North Korea: Fire, Fury, Fear, & False Flags

"Beware the dogs of war. The same intel 'folks' who brought to you babies pulled from incubators by 'evil' Iraqis as well as non-existent WMDs are now peddling the notion that North Korea has produced a miniaturized nuclear warhead able to fit its recently tested ICBM."