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Global Stock Meltup Sends Nikkei To 25 Year High

Global Stock Meltup Sends Nikkei To 25 Year High

The global risk levitation continues, sending Asian stocks just shy of records, to the highest since November 2007 and Japan's Nikkei topped 22,750 - a level last seen in 1992 - while European shares and US equity futures were mixed, and the dollar rose across the board, gains accelerating through the European session with EURUSD sumping below 1.16 shortly German industrial output shrank more than forecast, eventually dropping to the lowest point since last month’s ECB meeting.

Germany Loses Track Of 30,000 Failed Asylum Seekers

Germany Loses Track Of 30,000 Failed Asylum Seekers

Having reported on a leaked document overnight that exposed the spiralling violence in Germany's refugee shelters, news this morning, via Die Welt, that more than 30,000 migrants due for deportation have gone missing under Merkel’s watch, just adds to anxiety and division in the nation.

And as TruthRevolt's Vijeta Uniyal reports, the government has no clue to their whereabouts, German newspapers report.

Dollar Rebounds, Futures Rise Ahead Of Surge In Payrolls

One day after the dollar slumped sharply on initial disappointment with the GOP tax plan, the greenback has rebounded ahead of a nonfarm payrolls report that is expected to show the US economy gained over 300,000 jobs in the post-hurricane rebound, and as investors reassessed the latest news on U.S. tax-cut plans. Stocks in Europe and Asia advanced, US equity futures were as usual in the green, while oil headed for an eight-month high on signs OPEC will agree to extend supply cuts.

US Futures Rebound After Disappointing Chinese, European Data

US Futures Rebound After Disappointing Chinese, European Data

Yesterday's sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb.

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