Royal Bank of Scotland

Frontrunning: April 26

  • Futures flat as Trump tax plan awaited (Reuters)
  • Trump’s 15% Tax Plan May Just Be His Opening Gambit (BBG)
  • Budget Director, After Health-Law Missteps, Preps for Spending Battle (WSJ)
  • 100 Days: Trump's victories dimmed by misfires (Reuters)
  • White House Intervened to Toughen Letter on Iran Nuclear Deal (WSJ)
  • Trump Changing Tactics on Tax After Health-Care Failure (BBG)

Frontrunning: April 19

  • As Trump warned N. Korea, 'armada' headed to Australia (Reuters)
  • Threat of Carrier Heading to Koreas Wasn’t All It Seemed (WSJ)
  • Markets Start to Ponder the $13 Trillion Asset Gorilla in the Room (BBG)
  • Investors’ Nightmare Scenario Takes Shape in French Election (WSJ)
  • Venezuelan opposition to hold 'mother of all marches' against Maduro (Reuters)

Frontrunning: April 13

  • Trump comments trigger U.S. dollar, bond yield slide (Reuters)
  • N. Korea Nuclear Test Could Come Saturday or Sooner, Sources Say (VoA)
  • Fear Is Creeping Back Into Markets (BBG)
  • Trump Liking Yellen Ignites Prospects for Fed Policy Continuity (BBG)
  • CEOs gaining power in Trump’s White House (Politico)

Frontrunning: March 24

  • Trump Says If Vote on Health Bill Fails, Obamacare Stays (WSJ)
  • Risky House healthcare vote to test Trump's negotiating skills (Reuters)
  • Trump Dares GOP in High-Stakes Vote on Troubled Health Bill (BBG)
  • All drill, no frack: U.S. shale leaves thousands of wells unfinished (Reuters)
  • Twitter explores subscription-based option for first time (Reuters)

Frontrunning: March 21

  • Gorsuch Strives to Present Himself as Above Political Fray (WSJ)
  • Investigation Could Hurt Trump’s Clout in Congress (WSJ)
  • U.S. to Ban Laptops and Tablets in Cabins of Some Mideast Flights (BBG)
  • Tillerson no-show at NATO renews European disquiet about Trump (Reuters)
  • Don’t Blame Your Social Media Feed for the Growing Political Divide (BBG)
  • High-Frequency Traders Fall on Hard Times (WSJ)

Frontrunning: March 9

  • Investors Await ECB for Clues on Path of Policy (WSJ)
  • U.S. crude slumps below $50 after stocks build (Reuters)
  • Markets Are Selling Off as Dollar, Euro Gain (BBG)
  • Opposition Mounts as GOP’s Health Bill Undergoes Review (WSJ)
  • Ryan Ready to Twist Arms to Sell Health Plan to House GOP (BBG)
  • Gutting Dodd-Frank Is Hard, So Republicans Turn to Easier Things (BBG)

Frontrunning: February 15

  • World stocks at 21-month highs on Yellen, U.S. outlook (Reuters); Dollar notches longest run of gains in five years before CPI data (Reuters)
  • Nervous About the ACA, GOP Divisions Emerge Over Repeal Effort (BBG)
  • Flynn Probed by FBI Over Calls With Russian Official (WSJ)
  • Russia Questions Mount for Trump White House Reeling From Flynn Fallout (BBG)
  • Trump knew for weeks aide was misleading over Russia (Reuters)

Frontrunning: February 13

  • 'Trump trades' on boost to economic growth come back with a bang (Reuters)
  • Trump's national security adviser Flynn trying to survive crisis (Reuters)
  • White House Is Sifting Options on Immigration Ban (WSJ)
  • North Korean Nuclear Ambitions to Be Defining Issue for Trump (BBG)
  • Netanyahu opposes Palestinian state, Israeli minister says ahead of U.S. visit (Reuters)
  • Speed Limits on Trump’s Infrastructure Drive: Federal Laws, Rare Species and Nimbys (WSJ)

Chinese Reserves Unexpectedly Drop Below $3 Trillion For The First Time Since 2011

Beijing surprised China-watchers this morning, when the PBOC announced that in January, China’s foreign-currency reserves dipped by $12.3 billion, below the key "psychological level" of $3 trillion, or $2.998 trillion to be exact, declining for the 7th consecutive month, and dropping to the lowest since early 2011.

Frontrunning: February 6

  • The Patriots’ Insane Comeback: One for the History Books (WSJ)
  • Euro fades in face of French election risks (Reuters)
  • Legal battles to test Trump and his travel ban (Reuters)
  • Standoff Looms Over Travel Ban; Trump Rips Judge (WSJ)
  • Trump Set to Attend NATO Summit in May (WSJ)

Frontrunning: January 26

  • Trump heads to Philly to charm congressional Republicans (Politico)
  • Trump Set to Lay Out Plans for Safe Zones Inside Syria (WSJ)
  • Trump Wants to Build a Wall. Finding Workers Won’t Be Easy (BBG)
  • Sanctuary cities face huge cuts by Trump policy (Reuters)
  • Trump Faces Criticism Over Prospect of Enhanced Interrogation Techniques (WSJ)
  • U.K. Commons to Complete Article 50 Bill Debate in Two Weeks (BBG)

Three "Cartel" FX Traders Criminally Charged With Currency Rigging

Moments ago, U.S. prosecutors charged three traders who made up the infamous "Cartel" currency rigging chat room, and who were at the heart of a criminal investigation that has ensnared the world’s biggest banks over the rigging of currency rates.