Europe

• European shares hit two-week low as euro surges (Reuters)
• Harvey Pounds Texas as Epic Flooding Paralyzes Houston (BBG)
• Gasoline soars and dollar dented as Tropical Storm Harvey rages (Reuters)
• Oil markets roiled as Harvey hits U.S. petroleum industry (Reuters)
• Harvey Shuts Two of the Largest U.S. Ports (BBG)
• Trump’s Pardon of Joe Arpaio Widens Republican Split (WSJ)
• Trump’s Immigration Crackdown Is Making New Homes More Expensive (BBG)
• Trump's firm sought Moscow real estate deal during presidential run (WaPo)

Authored by Pyotr Iskenerov via The Strategic Culture Foundation,

The European Commission is offering European consumers the so-called Southern Gas Corridor, which provides for the supply, in particular, of Azerbaijani and Central Asian gas along the Turkey–Greece–Italy route. The project’s potential participants have their own interests, however, and are divided by long-standing antagonisms that are turning the corridor into a military and political delayed-action mine.

It appears that Trump is no longer the president with the fastest plunge in his approval rating: that honor has now fallen to France's Emanuel Macron, who since his dramatic victory in the May 7 presidential election, has seen his popularity plummet, and according to a a new poll conducted by Ifop for Le Journal du Dimanche, most French voters are now dissatisfied with Emmanuel Macron’s performance, a dramatic decline for the president who basked in a landslide election victory less than four months ago.

Submitted by Shant Movsesian and Rajan Dhall MSTA from fxdaily.co.uk

FX Week Ahead - Fast money algos stretch the limits again, time for redress

By Chris at www.CapitalistExploits.at

If you were rich, successful, and intelligent - which often, not always, go hand in hand together - where would you live?