With a full slate of central bank meetings, data (including payrolls Friday) and earnings next week there’s a little bit for everyone. On Thursday, according to Politico, we will also know who the next Fed Chair is as well as get a first look at a version of the House tax bill in the US, perhaps on Wednesday.
U.S. futures slid 0.2% as investors await a barrage of announcements including Wednesday's Fed decision, Friday's jobs report and, most importantly Trump's imminent announcement of who the next Fed chairman will be, although after the latest trial balloons, Jay Powell is now largely priced in. Asian equities edged modestly higher despite a tumble in Chinese stocks and bonds with Japan's Nikkei closing 3 points in the green, while European shares hold steady after concerns eased about the Catalan crisis with no notable developments over the weekend, pushing Spanish stocks and bonds higher.
The White House has denied reports that President Trump requested an unprecedented face-to-face meeting with Iranian President Hassan Rouhani on the sidelines of the United Nations General Assembly in September.
Authored by Jason Ditz via AntiWar.com,
In looking to upgrade their air defense system, Turkey had a choice: buying the advanced Russian S-400 systems, or more expensive, US-made alternatives. Turkey chose to buy Russian, and NATO isn’t happy.
While NATO was initially just complaining the S-400 was incompatible with their own systems, top NATO General Petr Pavel told reporters this week that Turkey is likely to be punished by the alliance for not buying American.
Authored by Drieu Godefridi via The Gatestone Institute,