The dollar rose to its highest level in a week against its G10 peers on Wednesday, rising for the 4th day against the yen and most pairs as investor focus shifted to the minutes of the Federal Reserve’s last policy meeting.
After a week in which stock-trading abruptly algos decided that rising yields are irrelevant at worst, and at best positive for equities, the correlation has again flipped overnight sending Asian shares lower and S&P futures sliding.
"...the unholy alliance of government agencies and media giants to silence criticism of government policies in an election year in the name of "fake news"... reveals how truly terrified the political establishment is of falling from power, and just how far it will go to cling to that power."
"This is a civil war between volunteer governments elected by the people and professional governments elected by... uh, well, themselves. Of the establishment, by the establishment and for the establishment..."
"...Then, January 15, they paid the price. Their lives were taken in an operation with a personnel team of over 500 trained agents from different organizations massacred 10 persons inside a house, including a pregnant woman."