US index futures rose higher into record territory, as European stocks pared muted gains after the EURUSD rose above 1.17, pressuring exporters, while Asian shares were broadly higher, but the main theme of the session was another day of USD weakness.
Amid growing diplomatic tensions between the US and Turkey, Turkish TV station 'A Haber' on Saturday presented a detailed segment on 'The American Empire and its Media', showing the surprisingly close interrelations between U.S. mainstream media and key foreign policy institutions.
Prominent journalists and politicians seized upon a shabby, politically motivated, 'intelligence' report as proof of 'Russian interference' in the U.S. election without the pretense of due diligence, argues Jack Matlock, a former U.S. ambassador in Moscow...
US futures are flat after a torrid 24 hours, which saw European and Asian stocks decline as traders digested the latest Fed rate hike and prepared for the final surprise in a juggernaut week, this time from the ECB.
"At some point the process of kicking the can down the road will meet its inevitable conclusion in this game of chicken as consumers continue to leverage themselves to extremes and neglect to save in order to support their standard of living..."