America

While central banks step away from the spotlight, as does Asian data and markets with China and South Korea both taking a weeklong break, there will be a bevy of central bank speakers to "explain" what is going on while it will be a busy week data wise, with the US employment trade balance report due this week, PMI and retail sales in Euro area, as well as PMI and house prices in UK. The key central bank events include the Australia RBA board meeting, ECB minutes,Yellen and Fed member speeches. In Emerging Markets, there are monetary policy meetings in India, Poland and Romania.

For a new generation of nationalists (by which they clearly imply tin-foil-hat wearing, nazi-sympathizing, probably-drug-taking, conspiracy-theory-loving wonks), The FT's Gideon Rachman explains - for those not willing to think for themselves, or follow the money, that the billionaire investor has become the perfect villain...

George Soros, the billionaire investor and philanthropist, has had a busy year.

Legendary investor Jim Rogers, who in 1973 founded the Quantum Funds, a prominent family of hedge funds, with then-unknown Hungarian-born financier named George Soros, joined RealVision’s Steve Diggle for a wide-ranging interview where the legendary financier, who moved to Singapore in 2007 with his family because he wanted his children to be immersed in Asian culture, discusses his views on gold, bitcoin, and what makes a good investor – along with his belief that a major correction in financial markets is about to begin.

http://player.vimeo.com/video/235411967

Fascism has been rearing its ugly head all weekend in Spain and has delighted investors to no end. S&P futures are heading up now, +3 in early trade. Over in Europe, the optimism born in Spanish law and order has become somewhat infectious, delighting traders there to no end, sending DAX futs higher by 0.45%.

Gleaning from the good news in Europe, Asian markets are soon gearing up to rip ahead.

The copper trade is improving, as we speak, up by more than 0.8%.

Authored by Robert Gore via Straight Line Logic,

Looking for a good laugh? Consider the United States.