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Global Stocks Jump; Oil Rises As Yen Plunges After Another Japanese FX Intervention Threat

Global Stocks Jump; Oil Rises As Yen Plunges After Another Japanese FX Intervention Threat

In what has been an approximate repeat of the Monday overnight session, global stocks and US futures rose around the world as oil prices climbed toward $44 a barrel, with risk-sentiment pushed higher by another plunge in the Yen which has now soared 300 pips since the Friday post-payroll kneejerk reaction, and was trading above 109.20 this morning.

High Speed Car Chase On Belgian-French Border Ends In Shootout

At least one person died on Thursday in a car chase and motorway shootout that started in Belgium and ended in France. The Belgian police pursued people smugglers through Belgium and France in a dramatic chase that included three crashes and a pile-up. The Irish Examiner reports: The 140mph pursuit which, left a motorcyclist dead and at least four others seriously injured began on a main road in Belgium and ended in Dunkirk in France.

"The TTIP Is Doomed" - France Threatens To Reject Obama's Huge Transatlantic Trade Deal

"The TTIP Is Doomed" - France Threatens To Reject Obama's Huge Transatlantic Trade Deal

Following this weekend's leak by Greenpeace demonstrating not only that the TTIP is driven entirely by narrow corporate interests, but that Obama is openly willing to reneg on his pro-environment agenda just to pass the Transatlantic Treaty at any cost, the blowback arrived earlier today when France became the first major European nation which threatened to reject the huge free trade deal between the U.S. and the European Union, because according to AP "it's too friendly to U.S. business and probably doomed."

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