Europe

Submitted by Shant Movsesian and Rajan Dhall MSTA fxdailyterminal.com

In recent weeks, we have continued to look to further gains in the USD, initially led by a belief that the bearish scenario had been exhausted, but later on improving data.  Time frame is a key factor in our metrics for where we see currencies finding value, and given that we have seen some strong gains against the CAD and JPY in recent weeks, we may be close to congestion levels, which these days tend to develop into significant tops.  

Authored by Peter Korzun via The Strategic Culture Foundation,

The deployment of US Special Operations Forces in Europe is never in spotlight but it is rapidly increasing. There can be no other purpose than acquisition of capability to deliver strikes deep into Russia’s territory.

Update: A Commerce spokesman told Fox News that Ross was not involved with Navigator’s decision to engage in business with Sibur, a publicly traded company, which was not under sanction at the time and is not currently. The spokesman also said Ross, the Trump administration’s point man on trade and manufacturing policy, “never met” Shamalov, and generally has supported the Trump administration’s sanctions against Russia, while recusing himself from matters focused on transoceanic shipping vessels.

Authored by Raul Ilargi Meijer via The Automatic Earth blog,

If there is one thing the Spain vs Catalonia conflict reminds us of, it has got to be Turkey. And that is a much bigger problem for the EU than it realizes.

First of all, Brussels can no longer insist that this is an internal, domestic, Spanish issue, since Catalan president Puidgemont is in... Brussels. So are 4 members of his government.

Ousted Catalan president Carles Puigdemont and four ex-ministers on Sunday turned themselves in to Belgian authorities to start the process of their possible extradition to Spain. Puigdemont was accompanied by four other former Catalan officials who are also wanted by Spanish authorities after they fled to Belgium last week after their removed from power by Spanish authorities as part of an extraordinary crackdown to impede the region’s illegal declaration of independence.