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ECB Preview: Don't Expect Fireworks Yet

Little is expected from the rate decision itself at 1245GMT with analysts firmly expecting the central bank to stand pat on rates. With regards to the press conference, any indications that the ECB are taking a more neutral stance or that the ECB are beginning to think about curtailing existing policy given recent economic development, is likely to be seen as a hawkish factor for European assets.

Is The Left Trying To Start A Civil War?

"It is time for our society to acknowledge a sad truth: America is currently fighting its second Civil War. With the obvious and enormous exception of attitudes toward slavery, Americans are more divided morally, ideologically and politically today than they were during the Civil War."

Mega-Bears Smell Blood As Mall REITs Tumble

"There has been a steady drumbeat of negative reports from anchor retailers in the mall. As a result, when we keep hearing bad news it adds to the impression that there is a problem in the malls.”

Why OPEC Is Colluding With Hedge Funds

"In meetings with traders, Mr. Barkindo has asked about the declining role of investment banks in commodity-futures trading and the increased use of automated trades, according to people who were present. He asked why U.S. banks were so quick to reinvest in American shale producers after the bust and what would happen if prices fell again."

Bitcoin Crashes Back Below Gold On China Chatter

After spending three days trading above the price for an ounce of gold, Bitcoin prices crashed overnight - down over $120 in a few short hours - following Bloomberg headlines citing China officials saying that Bitcoin regulation is not temporary.

Futures Decline, Europe Slumps After German Industrial Orders Collapse

After a turbulent overnight session on Monday morning, this morning traders settle at their desks to find a relatively calmer environment, with US equity futures down 0.2% to 2,371.75, while European stocks fell for a third consecutive day, and Asian markets which closed mixed (China up, Nikkei down, MXAP up 0.2%).

Why Deutsche Bank Is Sliding After Its Massive Equity Offering: Wall Street Analysts Chime In

Despite its widely telegraphed $8.5 billion public offering with another $2 billion expected to be raised from asset sales, Germany's biggest lender is down sharply this morning as much as 6.9% (currently 6.1% lower) as Wall Street analysts dig through the details of the bank's latest massive restructuring. Here are some of the early, and quite skeptical, sellside reactions.

S&P Futures, Global Stocks, Euro Dragged Lower By Deutsche, Geopolitics, French Election Worries

European shares and S&P futures are modestly lower this morning, dragged down by fresh geopolitical concerns out of North Korea which last night fired 4 ballistic missiles, by renewed political jitters ouf of France where Alain Juppe announced he would not run in the presidential election, from Deutsche Bank whose aggressive equity offering has weighed on local stocks, and from China's announcement over the weekend in which it modestly cut its economic outlook.

Florida's Government Built A Train - And It Didn't Go Well

After the train’s first year, the SunRail was $27 million in the red, taking in just $7.2 million. Things didn’t get better in 2016, a recent study has found that the cost of SunRail to issue and collect tickets is greater than the revenue from ticket sales.