From ISIS marches in Germany to refugees "doing normal manly things" to women in Sweden, UKIP leader Nigel Farage confronts Angela Merkel and her peers in the European parliament over their dreadfully misguided immigration policies.
Has the US finally had enough of its "ally" Erdogan?
Moments ago the DOD announced that the Secretary of Defense, in coordination with the Secretary of State, has authorized the ordered departure of all DoD dependents not assigned to Chief of Mission authority from Adana (to include Incirlik Air Base), Ismir, and Mugla, Turkey. This decision allows for the deliberate, safe return of family members from these areas due to continued security concerns in the region.
The Infamous war criminal Tony Blair believes that ground troops should be considered in the fight against ISIS. He said that Britain and its western allies must be prepared to send ground troops to “crush” ISIS or risk a terror attack in Europe of “such size and horror” that draconian security measures would have to be introduced.
With Europe back from Easter break, we are seeing a modest continuation of the dollar strength witnessed every day last week, which in turn is pressuring oil and the commodity complex, and leading to some selling in US equity futures (down 0.2% to 2024) ahead of today's main event which is Janet Yellen's speech as the Economic Club of New York at 12:20pm, an event which judging by risk assets so far is expected to be far more hawkish than dovish: after all the S&P 500 is north of 2,000 for now.