Mid-East Crisis? Tax-Deal DOA? - Buy The F**king Record Highs
2 dead Saudi princes, dozens arrested, billionaires' assets frozen, and John McCain calling the tax deal "DOA" - B-T-F-Record-Highs!!
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Europe
Gold Spikes Above Key Technical Level As USDJPY, Bitcoin Tumble
As European markets closed this morning, all bids disappeared from USDJPY and the pair dropped back below 114.00. In its mirror-like manner, gold reflected this tumble and surged above its 100-day moving average over $1280.
As USDJPY rolled over so Bitcoin hit an airppocket at the european close...
Remeber, Japan is currently the most active market for Bitcoin, so one wonders if this is some pre-saging of a general crackdown - despite all signals pointing the other way in Japan.
WTI Spikes Over $57 For The First Time Since July 2015
Having legged higher at the opens of Asia, Europe, and US markets, WTI is extending gains overnight on middle-east tensions...
Brent is trading above $62 amid anti-corruption drive led by Saudi Crown Prince Mohammed bin Salman, which may consolidate his control in OPEC’s largest oil producer, and WTI has pushed above $57 as producers such as Nigeria, Saudi Arabia signal they support a potential extension of OPEC output cuts.
George Soros Could Not Subvert Europe Without Washington’s Approval
George Soros Could Not Subvert Europe Without Washington’s Approval
https://www.strategic-culture.org/news/2017/11/05/myth-european-democracy-shocking-revelation.html
The post George Soros Could Not Subvert Europe Without Washington’s Approval appeared first on PaulCraigRoberts.org.
Global Stocks Drift Lower As US Futures Rebound From Overnight Scare, Oil At 2 Year Highs
Following an early shaky start, which saw the Hang Seng tumble as much as 1.6% driven by weakness in financials and real estate names following the latest warning by PBOC governor Zhou about "sudden, complex, hidden, contagious, hazardous" risks In markets and a decline in local real estate prices, and pressure global risk, US equity futures have recouped all losses and are back to unchanged on monday morning, as President Trump continues on his first official trip to Asia.