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U.S. Futures Slide, Crude Under $39 As Dollar Rallies For Fifth Day

U.S. Futures Slide, Crude Under $39 As Dollar Rallies For Fifth Day

Following yesterday's dollar spike which topped the longest rally in the greenback in one month, the prevailing trade overnight has been more of the same, and in the last session of this holiday shortened week we have seen the USD rise for the fifth consecutive day on concerns the suddenly hawkish Fed (at least as long as the S&P is above 2000) may hike sooner than expected, which in turn has pressured WTI below $39 earlier in the session, and leading to weakness across virtually all global risk assets.

ISIS: Future Attacks Require No ‘Authorisation’ From Our Leaders

ISIS have issued a statement following the attack in Brussels, saying that they intend to commit to further numerous small-scale attacks in Belgium and Europe – without the need for centralised coordination or authority from their leaders.  ISIS say that individual militants and cells are now free to operate semi-independently – opening the gates for many more spontaneous attacks throughout Europe.

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