Europe

Authored by Paul Atwood via The Strategic Culture Foundation,

A few months ago I received a message from a professor at the Khomeini Institute for Education and  Research in Tehran, Iran, informing me that my 2010 book “War and Empire: The American Way of Life” (London, Pluto Press) had been translated into Farsi. He requested that I write an Introduction for Iranian readers. What follows is that Introduction. Two years ago the Xinhua Peoples’ Press in Beijing, China also published a translation in Mandarin.

Submitted by Nicholas Colas of Convergex

April Was Cruel… To the US Tre

Authored by Nick Giambruno via InternationalMan.com,

Nick Giambruno: What exactly are Cultural Marxists, and how are they, and political correctness, contributing to the decline of Western Civilization?

Submitted by Shant Movsesian (RANSquawk) and Rajan Dhall MSTA

All eyes on Sunday’s French election result, but little evidence of defensive positioning in the EUR. GBP continues to fly the flag, batting off the negative mood over the latest Brexit exchanges. Commodities in focus, but tentative signs of some near term relief. CAD overstretched. US jobs report mixed at best.

As noted earlier, following Macron's victory the reaction in key FX crosses and pairs has been very subdued, suggesting today's outcome was no surprise to traders at least in terms of technical positioning. Another reason why "the news may be getting sold" is that as Deutsche Bank and various other sellsiders suggested, another near-term hurdle looms in just a few weeks time with the French parliamentary elections.