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Frontrunning: January 24

  • Dollar steadies after stumble, sterling rides out Brexit ruling (Reuters)
  • After U.S. exit, Asian nations try to save TPP trade deal (Reuters)
  • U.K. Court Rules Brexit Trigger Needs Parliamentary Vote (BBG)
  • Brexit plans unlikely to be slowed by Article 50 defeat (Reuters)
  • Health Secretary Nominee Proposed Bill Benefiting Puerto Rico Investments (WSJ)
  • How Trump Would Rework Nafta—and What Mexico, Canada Want in Return  (BBG)
  • Trump calls for more U.S. auto jobs, factories ahead of CEO meeting (Reuters)

US Futures, Oil Flat As Greenback Rises Despite Mnuchin's "Strong Dollar" Warning

US Futures, Oil Flat As Greenback Rises Despite Mnuchin's "Strong Dollar" Warning

US equity futures were flat, European stocks rose and Asia was mixed after the dollar posted a modest rebound overnight despite Mnuchin's "strong dollar" comments, while oil was flat and gold fell, as investors focused on President Donald Trump’s plans to boost growth. The pound fell after a U.K. court ruled that Parliament must vote on triggering Brexit.

Swedish Politician Resigns After Calls To "Shoot Trump"

Swedish Politician Resigns After Calls To "Shoot Trump"

A municipal council lawmaker in the Swedish city of Kalmar, Roland Pettersson, member of the biggest Swedish Social Democratic Party, resigned on Monday after asking on Facebook if someone could “shoot” America’s president, Donald Trump.

“I believed that Donald Trump would calm down after he became the president [of the US]. But how wrong I was! He exceeded my worst fears! Could anyone shoot him?” Swedish Social Democratic Party member Roland Peterson, a municipal official in Kalmar’s Soedermoere district, wrote on his Facebook page on Sunday.

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