Asia

European and Asian stocks rose after the early scare from the latest Fukushima quake dissipated when all Tsunami warnings were cancelled. The global risk on mood was spurred by another jump in crude, which was up 1% in early trading, with the commodity complex now enjoying its biggest three-day rally since May, after Nigeria signaled optimism that OPEC will agree a supply-cut deal next week in Vienna. S&P futures are up 0.3%, with the cash index set to open at new record highs.

As US stocks push to record highs, trading volume is dwindling and broad market breadth is terrible...

With the Trumpflation euphoria easing back slightly overnight, leading to a modest paring in the USD index and US Treasury yields, Asian and European stocks rose, while US equity futures rebounded to just shy of new all time highs, as crude jumped on renewed optimism that OPEC will agree to cut output; Italian equities underperformed ahead of the Italian referendum; metals rebounded from last week’s losses as yields dropped and the dollar halted its longest winning streak versus the euro.

Foreign Policy in America’s Interest: Realism, Nationalism, and the Next President

November 15, 2016 | 8:00am to 1:30pm | George Washington University | Washington, DC

While China's president Xi was busy dancing on the grave of TPP and rolling out its own regional free-trade alternative during the APEC summit in Peru, Obama was just as busy defending his vanishing legacy to an international audience for the last time. He was even busier projecting his denial before the entire world. As AFP reports, after the APEC summit closed on Sunday, Obama insisted that the 12-nation trans-Pacific deal, a key part of his now failed "pivot" to Asia, was far from dead and those involved still wanted to move forward with the United States.