Authored by T J Coles via Counterpunch.org,
The British Ministry of Defence (MoD) has published several reports over the last few years. They discuss geopolitics and related themes, one of which is the likelihood of nuclear war or accident, including what it means for long-term survival.
S&P 500 futures are higher, continuing on yesterday's momentum, after European and Asian shares also rose alongside a rebound in oil, as the year-end performance chase appears to be accelerating. There were several different moving parts in a mixed European session, in which early Euro strength gave way to weakness...
... which in turn pushed the Stoxx 600 and US index futures higher, rising above yesterday's session high on negligible volumes.
Authored by Paul Wallace, op-ed via Reuters.com,
Few British budgets have mattered as much as the one that Philip Hammond will deliver to the House of Commons on Nov. 22.
The chancellor of the exchequer must shore up Theresa May’s perilously shaky government ahead of a vital Brexit summit of European leaders in mid-December. At the same time Hammond has to keep a grip on the public finances.
But the gravest challenge he faces is economic: Britain’s persistent productivity blight.
US index futures are unchanged, having recovered virtually all overnight session losses alongside the EURUSD following Merkel's failure to form a government, while European shares rise despite Angela Merkel's failure to form a new government. In the span of just hours, the goalseeked "hot take" consensus was that Germany’s collapsed coalition talks aren’t expected be a deal breaker for European equities due to the "strength of the German economy."
Authored by 720Global's Michael Liebowitz via RealInvestmentAdvice.com,
“Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption.” – Mark Carney, Bank of England Governor