ratings

Euro Tumbles Ahead Of Yellen, Macron Speeches As Stocks Shake Off Korean Crisis

S&P futures are flat after Monday’s tech-driven drop and as tensions with North Korea are once again put on the backburner; Asian stocks are modestly lower while Europe has shaken off the Korean crisis and is in the green on the back of a sharp drop in the EURUSD which has tumbled below 1.18 as the USD rises ahead of much anticipated speeches by the Fed Chair and the French president.

Trump Escalates War With NFL In Early Tweetstorm

"Many people booed the players who kneeled yesterday... The issue of kneeling has nothing to do with race. It is about respect for our Country, Flag and National Anthem. NFL must respect this!"

Pound Flash Crashes After Moody's Downgrades UK To Aa2

In an otherwise boring day, when Theresa May failed to cause any major ripples with her much anticipated Brexit speech, moments ago it was Moody's turn to stop out countless cable longs, when shortly after the US close, it downgraded the UK from Aa1 to Aa2, outlook stable, causing yet another flash crash in the pound.

Frontrunning: September 22

  • North Korea Ramps Up International Rancor With H-Bomb Threat (WSJ)
  • A nuclear test over the Pacific? Logical, terrifying (Reuters)
  • What's a 'dotard'? Kim's insult to Trump (Reuters)
  • From Rubble and Ruin, a Mexican Town Wonders How to Rebuild After the Earthquake (WSJ)
  • Bonuses Are Shrinking. Blame Hurricanes and Trump (BBG)

Traders Yawn After Fed's "Great Unwind"

One day after the Fed unveiled the "Great Unwinding" the reaction has been largely muted, with S&P futures unchanged, near all-time highs as European and Asian shares rose modestly while the dollar edged marginally lower through the European session after yesterday’s post-Fed surge.