Germany

Key Events In The Coming Week: Payrolls, Core PCE, GDP, ISM And More

After last week's relatively quiet economic calendar and focus on Central Banks, attention this week turns back to data. In a relatively busy data week ahead - particularly for the US - focus will likely be on Friday's NFP, Q2 GDP revision on Wednesday, ISM manufacturing reports on Friday and inflation prints from the Eurozone.

Greeks Rejoice - Government Scraps Controversial Wine Consumption Tax

While austerity still reigns supreme over Greek society, amid resurgent refugee arrivals, still near-record high youth unemployment, record-high suicide rates, and a constant brain-drain exodus of young talent, this weekend saw a brief silver lining as the government decided to scrap the controversial special consumption tax on wine.

"It Is Our Very Existence That Is Unbearable To Jihadists"

"The sad conclusion seems to be that that jihadists do not need a "reason" to kill Westerners. They attack equally France, which conducts military operations in the Middle East and North Africa, and countries such as Spain and Germany, which are neutral."

Domestic Politics Is Dictating Our Foreign Policy

"...how can anyone be truly surprised that Donald Trump has now changed his mind [about Afghanistan]... As he has become increasingly isolated politically, he has seen an opportunity to shore up his political base with yet another military expansion - one that's likely to come with a lot more spending."