Europe

In the final day of the week, it has again been a story of currencies and commodities setting stock prices, however instead of yesterday's Yen surge which slammed the USDJPY as low as 107.67 and led to a global tumble in equities, and crude slide, today has been a mirror imoage after a modest FX short squeeze, which sent the Yen pair as high as 109.1, before easing back to the 108.80 range.

Submitted by Brandon Smith via Alt-Market.com,

Submitted by Angela Borozna via OrientalReview.org,

Do Russians want another war? If you are Russian, you would be surprised by the question. Why would anyone want war (hot or cold)? But if you are an American, and grew up fearing ‘bad Russians’ such question does not surprise you a bit. After all, the whole Cold War was based on the main assumption – Russians/Soviets want war!

The latest from Nomura's Bob "the bear" Janjuah

Power of the Fed's words waning?