While most global equity markets were subdued due to the US Thaksgiving holiday, the FX world was very busy overnight, marked by the relentless dollar surge on expectations of a rate hike not only in December but further in 2017, sending Asian currencies to the weakest level in 7 years: the Bloomberg-JPMorgan Asia Dollar Index reached 103.32, the lowest level since March 2009.
Submitted by Brandon Smith via Alt-Market.com,
As I noted in my last article World Suffers From Trump Shellshock - Here’s What Happens Next, there are two primary consequences of a Trump presidency that actually serve globalists and elites in the long run.
The Sarajevo ‘War Hostel’ takes tourists back in time to a dark period in Europe’s resent history during one of its bloodiest sieges. Tourists passing through Bosnia-Herzegovina are given the opportunity to experience the siege of the Bosnian capital during the Balkan conflict in the 1990s. Guests will spend their time in war-time conditions, sleeping on sponge mattresses under military blankets and reading newspaper clippings by candlelight. RT.com reports: The hostel is run by a family who survived the three-year-long siege.
Happy Thanksgiving eve. This is the day of the rope for Dollar bears, as demand for the greenback soars to new highs -- sending shockwaves throughout credit markets. The euro is trading with a 105 handle against the dollar, off by 0.7%.
German bund yields are rising again, in addition to the rest of Europe.
[image]https://ibankcoin.com/flyblog/files/2016/11/IMG_5694.jpg[/image]
Picking up the torch on the most hotly debated topic by the humiliated US mainstream media, namely the spread of so-called "fake news" (not to be confused with Brian Williams lying for years on prime time TV, and which until recently was branded far simply as "conspiracy theory"), German Chancellor Angela Merkel warned on Wednesday against the power of fake news on social media to roil the establishment and to spur the rise of populists, after launching her campaign for a fourth term.