China's Plan To Subvert The Global Dollar Standard
Authored by Alasdair Macleod via The Mises Institute,
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Asia
Manipulation's Persistence and Comex' Demise
Manipulation's Persistence and Comex' Demise
- Comex Demise is a welcome event
- How Market Structure Impedes True Metals Price Discovery
- DGCX/ SGE Rising: The GoldenYuan Replaces the Petrodollar
- Manipulation's Persistence
via Soren K Group and MarketSlant
Key Events In The Coming Busy Week: FOMC, Payrolls, 131 S&P Companies Report
Besides the upcoming FOMC meeting on May 2-3, and French & Italian politics - the decisive runoff round of the French election takes place this Sunday - this week's releases are dominated by US payrolls expected to come around 170k. The busy release calendar continues with Norges bank and RBA meetings as well as global manufacturing PMIs.
Futures Rise On Government Funding Deal; Most Global Markets Closed For Holiday
With much of Europe and Asia, including the U.K., France, Germany and China markets closed for Labor Day, Asian stocks and the dollar rose buoyed by news that Congress had reached a deal to keep the US government funded through the end of September. S&P futures are up 4 points or 0.2%. Oil declined as rigs targeting crude in the U.S. rose for a fifteenth week and output from Libya rebounded.
The North Korea Nightmare Continues
Authored by Harry Kazianis via The Strategic Culture Foundation,
If North Korea truly desires state of the art nuclear weapons and missiles - something that can deliver an atomic payload to say Los Angeles - then we are indeed in for some tense time ahead.