When the AP compared Clinton's 1,500 page official calendar with the detailed planning schedules, what the AP found was stunning. The names of at least 114 outsiders who met with Clinton were missing from her calendar, and at least 75 meetings with longtime political donors, Clinton Foundation contributors and corporate and other outside interests were not recorded or omitted from the official calendar.
On the day voting for the UK referendum finally began, what started off as a trading session with a modest upward bias, promptly turned into a buying orgy in painfully illiquid markets shortly after Europe opened as an influx of buy orders pushed European stocks 2% higher, propelled by cable which was above 1.49 for the first time since December and USDJPY climbing over 1.05 in sympathy, following the release of the final Ipsos Mori poll which showed Remain at 52% to 48% for leave.
Yesterday she hinted "sell stocks" and "vote remain," before admitting The Fed's forecasting skills were worse than Punxatawney Phil. While today's prepared remarks will be the same, we wonder what the politicians on The House Financial Services Committee will have learned ahead of today's Q&A - most notably will the topic of gender, race equality be dragged up once again because of its crucial import to those campaigning in the forthcoming elections. Following Bank of Japan's Kuroda's overnight capitulation that "monetary policy doesn't always turn out as expected," we wonder if Yellen will be forced to admit the same.
Expectations are for a stable dose of muted confidence with no over-promising from The Chair but the Q&A is likely to be fireworks-prone as this is the last scheduled chance lawmakers, many of whom face re-election, will have to publicly question the Fed chief before voters head to the polls in November.
OD: What's your name? OM: My name is I pledge of allegiance to Abu Bakr al-Baghdadi. OD: Ok, What's your name? OM: I pledge allegiance to Abu Bakr al-Baghdadi, may God protect him [in Arabic], on behalf of the Islamic State.
5-Star Movement candidate Virginia Raggi, a 37-year old lawyer, was elected Rome's first female mayor by winning a stunning 67% of the vote in the second round. Raggi trounced Roberto Giachetti (Prime Minister Renzi's Democratic Party candidate) who took down just 33% of the vote the WSJ reports. The election of an anti-establishment 5-Star Movement candidate is a statement in itself, however by taking 67% of the vote over Renzi's candidate, a resounding message has been sent that the voters want change.
"The Staff acknowledges that market participants using the most sophisticated technology may today encounter access delays of substantially less than one millisecond when accessing the quotes of a single exchange whose data center is co-located with their own or located nearby. However, even the most technologically advanced market participants today encounter delays in accessing protected quotations of other “away” automated trading centers that can substantially exceed one millisecond, that either are transitory or permanent."
The worst case outcome for many Indian investors came true this morning when head of the RBI said he would return to academia when his term ends on Sept. 4. Rajan was generous in his parting words, saying government reforms, together with steps by regulators will lead to greater job growth, prosperity for our people. Rajan said that “I will, of course, always be available to serve my country when needed" and added that “I am confident my successor will take us to new heights with your help."
While Bernie Sanders’ supporters and independent media outlets have exhaustively pointed out that corporate media’s fatuous prattling over Hillary Clinton likely tipped the elections in her favor, we now have solid proof — leaked emails show the DNC colluded with mainstream outlets to heavily favor Clinton.
Clinton Foundation officials used an obscure New York state charity board filing amendment to disclose that the non-profit received $17.7 million in donations from foreign governments while Hillary Clinton was Secretary of State, the Daily Caller News Foundation has learned.
Regulation NMS made its first major impact with the introduction of “Payment For Order Flow”, which when paired with sub-penny pricing, is now directly responsible for birthing a new gold rush within the capital markets. The dawn of the High Frequency Trading (HFT) community we witness today. The result of this policy is an insurmountable, unequal, and unjust advantage for self-dealing BD’s and HFT’s, at the expense of the market’s retail level investors.
"Over the last week we've received questions about our autocomplete feature. I wanted to take the opportunity to clarify a few things. The autocomplete algorithm is designed to avoid completing a search for a person’s name with terms that are offensive or disparaging. We made this change a while ago following feedback that Autocomplete too often predicted offensive, hurtful or inappropriate queries about people. This filter operates according to the same rules no matter who the person is."
The ongoing criminal probe surrounding Hillary's email server has been marked by opacity and lack of virtually any disclosure, not to mention a major turf war between the FBI and the DOJ, which is why many were surprised when overnight the WSJ revealed that at the center of the probe over Hillary's handling of classified information are a series of emails between American diplomats in Islamabad and their superiors in Washington about whether to oppose specific drone strikes in Pakistan.
Though Obama launched his presidency with a promise to be the “most transparent” in history, his administration has had a fitful record on openness. Despite adding dozens of staffers to its FOIA offices, the State Department argued in court that it would take 75 years to complete a review of documents related to the Republican National Committee’s sweeping request of records for former Clinton aides.