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S&P Futures, European Stocks Bounce As Dollar Rises Most In Two Weeks; Gold, Yen Slide

S&P Futures, European Stocks Bounce As Dollar Rises Most In Two Weeks; Gold, Yen Slide

The dollar rebounded from a key 200-DMA support level, strengthening against all major peers, pushing S&P futures higher as European shares rose, led by basic resources and real estate, while Asian stocks fall. Gold fell from its highest level since November as demand for some haven assets ebbed while global bonds declined. Oil dipped, pressured by a stronger dollar.

Der Spiegel Defends Cover Depicting Trump Beheading Statue Of Liberty

Germany’s weekly news magazine Der Spiegel has defended a highly controversial front cover on their latest issue, illustrating US President Donald Trump beheading the Statue of Liberty. The editor-in-chief of Der Spiegel, one of Europe’s largest weekly magazines, has also called on Germany “to build an alliance” against President Trump.

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