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OpenCalais Metadata: Latitude: 
50.8410694286
OpenCalais Metadata: Longitude: 
4.35642242432
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Brussels-Capital Region

Puigdemont Seeks Asylum In Belgium After Spain Files Charges Against Catalan Government For Rebellion

Update: As we warned earlier, La Sexta has just reported that (former) Catalan leader Carles Puigdemont will seek asylum in Belgium.

According to eldiario.es, Puigdemont has made the decision to travel to Brussels advised by a legal team that recommends him to remain in that country.

Global Markets Shaken By Sudden Equity Sell-Off: Hong Kong Crashes, VIX Surges

Global Markets Shaken By Sudden Equity Sell-Off: Hong Kong Crashes, VIX Surges

Has the market's "melt-up" levitation finally ended? Of course, it could be much worse: as Bloomberg's Paul Jarvis recalls, thirty years ago on this day traders around the globe were staring at their screens in disbelief as stock markets turned to a sea of red: the Dow, S&P 500, FTSE, DAX and CAC fell -23%, -20%, -10%, -9% and -10% respectively.

Ray Dalio Is Shorting The Entire EU

Ray Dalio Is Shorting The Entire EU

Authored by Raul Ilargi Meijer via The Automatic Earth blog,

A point BOE Governor Mark Carney made recently may be the biggest cog in the European Union’s wheel (or is it second biggest? Read on). That is, derivatives clearing. It’s one of the few areas where Brussels stands to lose much more than London, but it’s a big one. And Carney puts a giant question mark behind the EU’s preparedness.

Carney Reveals Europe’s Potential Achilles Heel in Brexit Talks

Frontrunning: October 16

  • Iraq forces seize Kirkuk outskirts in advance on Kurdish-held territory (Reuters)
  • Iraq-Kurd Fighting Threatens to Undo Anti-ISIS Coalition (WSJ)
  • Oil rises as fighting escalates in Iraq's oil-rich Kirkuk (Reuters)
  • Madrid moves towards direct rule over Catalonia (Reuters)
  • Spain Signals It Will Suspend Catalan Self-Rule This Week (BBG)
  • Central Bankers Cling to Stimulus Amid Weak Inflation (WSJ)
  • White House pitches corporate tax cut as win for workers (Reuters)

Global Stocks Rise Oblivious Of Growing Geopol Risks; Oil, Commodities Jump On Kurdish Clashes

Global Stocks Rise Oblivious Of Growing Geopol Risks; Oil, Commodities Jump On Kurdish Clashes

World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as escalating tensions between the Iraqi government and Kurdish forces threatened supply.  Global markets digested the large amount of weekend newsflow, and clearly liked what they saw as S&P futures were modestly in the green, as both European and Asian stocks are higher.

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