Europe

Having tumbled 80 pips to a one week low in kneejerk response to the late Sunday news that Angela Merkel had failed to form a government following the collapse of the "Jamaica Coalition" talks - when the Free Democratic Party walked out, saying the differences with the Green party were too great to bridge - both the Euro and European stocks have staged an impressive rebound, and the entire gap lower in the FX pair has now been, well, pared.

It appears President Trump, having warned that Sweden's huge intake of refugees would lead to "problems like they never thought possible," has been vindicated.

Following media mockery and Sweden's official Twitter account responding:

“Hey Don, this is @Sweden speaking! It’s nice of you to care, really, but don’t fall for the hype. Facts: We’re OK!”

Trump reacted by tweeting...

Submitted by Shant Movsesian and Rajan Dhall MSTA of fxdailyterminal.com

Authored by Seth Lievense via Limpidus.org,

Russia-gate blame-scaping is accelerating across Europe... and now it is being embraced by none other than European Council President Donald Tusk.

In what is an unprecedented attack by an EU leader on a member state’s sitting government, Bloomberg reports that Tusk explicitly suggests the ruling Law & Justice party is merely a 'puppet of Putin' and just forwarding Russian interests...