"...The machine learning random forest algo predicts Spain is favored over Germany mainly due to the fact that Germany has a comparatively high chance to drop out in the round-of-sixteen."
With the dollar failing to benefit from yesterday's surprisingly hawkish Fed meeting, traders are confident that the only alternative is for the Euro to surge this morning after the ECB announcement.
While NAFTA may be a distant memory in 2026, moments ago the NAFTA nations of US, Canada and Mexico won the right to host the 2026 football World Cup, marking the first time the tournament will be hosted by three countries.
It's not merely that the Iranian national team for the 2018 World Cup will no longer have access to Nike shoes or equipment, it's that their current shoes are actually being taken away from them.
"They disagree with their President because he insists that they proudly stand for the National Anthem, hand on heart, in honor of the great men and women of our military and the people of our country. "
We noted that Italian yields had started to fade wider earlier, but 2Y BTPs are now 50bps higher than the open after headlines that EU lawmakers from the two parties forming Italy’s new government coalition voted this week to set up EU funds to help countries quit the euro.
"Sometimes it takes a little uproar to reveal the reality behind the curtain...Both countries, Italy perhaps some more than Spain, would long since have seen collapse if not for the ECB."
