Germany

Dollar Surge Continues Ahead Of Jobs Report; Europe Dips As Catalan Fears Return

World stocks eased back from record highs and fell for the first time in eight days, as jitters about Catalonia’s independence push returned while bets on higher U.S. interest rates sent the dollar to its highest since mid August; S&P 500 futures were modestly in the red ahead of hurricane-distorted nonfarm payrolls data

The Catalan Chain Reaction

"Catalonia’s drive for 'independence' has unleashed a chain reaction of viral social media support that’s frighteningly resurrected civil war-era rhetoric, but the most dangerous consequences of this domino effect are yet to come if the separatists are ultimately successful in their quest. .."

Germany's East Is Shrinking

While the overall population trend is upward (thanks to the record number of immigrants), seven of the country's sixteen federal states will see net decreases - primarily in the former German Democratic Republic (aka East Germany).

7 Independence Movements That Could Destroy The EU

"Catalonia is not the only region in the EU demanding more autonomy or independence...Here are seven regions in the European Union that may seek separation, and cause more fragmentation in an already weakened Europe..."

US Trade Balance Shrinks More Than Expected As Deficits With China, EU Decline

The U.S. trade deficit shrank 2.7% in August 2017, declining from a downward revised $43.6 billion in July  to to $42.4 billion in August, better than the $42.7 billion expected, as exports increased by 0.4% to $195.3 billion and imports decreased by 0.1% to $238.1 billion. This was the smallest trade deficit since last September.

Spain Rebounds, Pound Tumbles In Quiet Session Ahead Of ECB Minutes, Fed Speakers

Global markets came off record highs, trading subdued, with US index futures unchanged as traders are unwilling to make major moves ahead of today's ECB minutes and tomorrow’s NFP release, and before speeches by central bankers including SF Fed President John Williams and the potential next Fed chair Jerome Powell, as well as ECB executive board members Peter Praet and Benoit Coeure..

Spanish Stocks Slammed To 7-Month Lows As Credit Risk Spikes

While the world desperately tries to shrug off the implications of Catalonia's independence vote (and Rajoy's warnings of potential reactions), investors are rapidly exiting positions in Spanish stocks and bonds as sovereign risk explodes...

Pat Buchanan Reflects On "A Brief Moment Of Unity In A Disintegrating World"

...or will this massacre be like the Sandy Hook Elementary School slaughter of 20 children in Newtown, Connecticut, or Charleston massacre of black churchgoers by Dylan Roof - uniting us briefly in “sadness, shock and grief” only to divide us again and, more deeply, in our endless war over guns.