For all the drama about declining Iranian oil production and exports now that the US has restored sanctions against Tehran, many are predicting that Iran's oil output will not drop and, if anything, may even rise in the coming months.
"Central banks think the US and global economies are about to break from the post-recession doldrums. They believe their aggressive monetary policies - along with tax cuts and other factors - are finally bearing fruit... they're wrong!"
One day after Trump announced he will withdraw the US from Obama's landmark 2015 deal to curb Iran’s nuclear program, this is how the world and capital markets are reacting...
Its’ certainly bad news for the Iranians – the Yooropeens and Theresa Might can bleat about it being unfair, but no sane investor or rational business is going to risk a single penny on Iran.
The former Democratic operative is claiming that Cohen received $500,000 from a Russian oligarch with close ties to Vladimir Putin shortly after making his payoff to Daniels.
President Trump has confirmed the US withdrawal from the Iran Nuclear Deal and will be instituting the highest level of sanctions against Iran, adding that any nation that aids Iran will also be sanctioned.
"... euro bonds or a euro budget is not necessary to have massive redistribution in the Eurozone. The Eurozone is already a transfer union in which risks are socialized producing irresponsible behavior. However, the transfer union is not yet institutionalized and explicit. European elites are working on it."
he biggest European bank is considering a sweeping restructuring, a less scary phrase than "mass termination" in the U.S. "that could result in cutting about 20% of staff in the region.
"While there have been several significant corrective actions since the 2009 low, this is the first correction process where liquidity is being reduced by the Central Banks... The current correction process is coming to an end, and soon. The only question is simply which way it breaks?"
"The normalization of monetary policy in advanced economies should continue to prove manageable for EMEs. Markets should not be surprised by our actions if the economy evolves in line with expectations."
U.S. futures and European stocks are modestly lower, following a mostly green Asian session, amid increasing jitters over today's 2pm announcement by President Trump in which he will unveil the fate of the Iran nuclear deal.
