With many traders on vacation, the algos will be kept busy with a busy weekly slate, with the global PMIs due out on Tuesday, the ECB meeting on Thursday, US Q2 GDP on Friday and corporate earnings releases peaking.
"It seems that ISIS is not the only danger to the national security of Indonesians. The pirates on the Indonesian (gold) coast are not from the Middle East but rather from Phoenix, AZ...the location of the HQ of mining company Freeport McMoRan..."
"...US reconciliation with Russia would yank the rug out from under the phony justifications for spending hundreds of billions of dollars annually to counter a 'threat' that ceased to exist over a quarter century ago.."
"Trump and Putin are likely to discuss the tricky situation in southern Syria when they meet; while the US president says he wants US forces back home, the CIA, Pentagon and Israel may be happier to see them stay so the war-torn state remains unstable..."
"The military/security complex, about which President Eisenhower warned Americans 57 years ago, adroitly uses the Fourth of July to portray America’s conflicts in a positive light in order to protect its power and profit institutionalized in the US government."