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Ayatollah Blasts Trump's "Rants And Whoppers", Says Iran Will "Shred" Deal If US Pulls Out

Ayatollah Blasts Trump's "Rants And Whoppers", Says Iran Will "Shred" Deal If US Pulls Out

Iranian Supreme Leader Ayatollah Ali Khamenei - who famously waited three months before offering a tepid endorsement of the JCPOA – largely echoed the threats of other Iranian government officials when he said Wednesday that Iran would adhere to the terms of the deal if other world powers respected it, but would “shred it” if the US were to pull out.

The Dollar Funding Shortage: It Never Went Away And It's Starting To Get Worse Again

The Dollar Funding Shortage: It Never Went Away And It's Starting To Get Worse Again

Very quietly, in the last few weeks, cross currency basis swaps (CCBS) related to the dollar have reversed their rise and started moving deeper into negative territory… again. This might not be of much interest to buyers of global equity markets at this point, but it is signalling ominous signs of growing funding stress in the financial “plumbing”.

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