“We think it would be the right thing to invite the representatives of the UN and the new US administration to the meeting,” Lavrov had said on Wednesday, at a press conference summing up the results of Russian foreign policy in 2016.
"The only question that really matters in this business is this: What’s the next big move? It’s probably a continuation of the Trump trade"... But "the thing is, consensus trades have a nasty habit of working, just not exactly when you want them to"
In his first full interview of the new year, Donald Trump told the WSJ he would be open to lifting sanctions on Russia and wasn’t committed to a longstanding agreement with China over Taiwan, suggesting he would use any available leverage to realign the U.S.’s relationship with its two biggest global strategic rivals.
After three years of US sanctions on Russia, Putin's cost of funding his nation's economy has tumbled as Russian government five-year ruble notes climbed further this week, pushing the yield to the lowest on a closing basis since February 2014. Along with being the best performing stock market in the world since Trump's election, Russia's bond market has soared (while China's has tumbled).
"Tillerson's statements regarding the islands in the South China Sea are far from professional. If Trump's diplomatic team shapes future Sino-US ties as it is doing now, the two sides had better prepare for a military clash... Should he act on them in the real world, it would be disastrous... and would set a course for devastating confrontation between China and the US."
"The news conference was a far cry from the market friendly, pro-growth "presidential" comments that Trump delivered at his acceptance speech," wrote analysts at Westpac, adding it left a "veritable laundry list" of questions unanswered.
Before Rex Tillerson's Senate confirmation hearing even got started this morning, America's disaffected, Hillary-supporting snowflakes took to the streets of Washington D.C. in protest of his inevitable appointment as Secretary of State. If only they could work so hard at finding a job it would be easy to "Make America Great Again."
Tillerson's confirmation hearing, in which the former Exxon CEO will seek to distance himself from Putin and say that Russia "must be held accountable for its actions" adding that "Russia today poses a danger, but it is not unpredictable in advancing its own interests." begins at 9am Eastern, and can be watched below.
“The information is not true and is nothing other than a total fabrication,” Kremlin spokesman Peskov said, responding to allegations Moscow had a comrpomising report on Donald Trump. "You have to react to this with a certain humor, but there's also a sad side to this. Hysteria is being whipped up to maintain a political witch hunt."
European and Asian shares, the dollar and crude all rose before President-elect Donald Trump’s first press conference since July at 11am on Wednesday, while S&P futures are little changed. Surging raw-materials stocks sent Asian stocks higher. Oil rebounds from the lowest level in a month.