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S&P Futs Near All Time High On Strong Euro Data; Oil Drops On Trump's SPR Sale Plans

S&P Futs Near All Time High On Strong Euro Data; Oil Drops On Trump's SPR Sale Plans

S&P futures rose alongside European stocks as Asian shares posted modest declines. The euro set a new six-month high and European bourses rose as PMI data from Germany and France signaled that the ECB will have to tighten soon as Europe's recovery remains on track, with the German Ifo business confidence printing at the highest level on record, and hinting at a GDP print in the 5% range. Oil declined after the Trump budget proposal suggested selling half the crude held in the US strategic petroleum reserve.

Nigel Farage Responds to Manchester Suicide Attack: 'This is a Direct Attack on Children'

Nigel Farage was interviewed by Tucker Carlson this evening to discuss the suicide attack in Manchester that killed at least 19 and wounded dozens.

Farage told Carlson, “we have been lulled into a slight sense of complacency,” refraining, however, from jumping to conclusions as to who was responsible for the attack.

He noted that Britains shouldn't put their guard down, post BREXIT, saying "we've convinced ourselves that we’re in a better place than the rest of Europe on this.”

Greek Debt Relief Deal Fails In Last Minute, As Germany, IMF Clash Again

Greek Debt Relief Deal Fails In Last Minute, As Germany, IMF Clash Again

Stop us if you've heard this story before.

Insolvent Greece, having last week voted itself into even more austerity in hopes of unlocking some of the money promised it by Brussels so it can then use it to repay debt maturities owed to the ECB (whether it will actually follow through with said austerity measures remains unclear, though most likely not), is dragged to the finish line of yet another Euro finance minister negotiating session with promises that this time a debt relief deal is virtually guaranteed, and then... it all falls apart.

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