Following the latest month abysmal trade and PMI data out of Japan overnight (April exports crashed -10.1 %, worse than the exp. -9.8 and worse than last month's -6.8% while imports plunged -23.3% also far worse than exp. -18.8 and March -14.9%; PMI 47.6, Exp. 48.3, last 48.2), it was supposed to be a straight up for the USDJPY, and its carry linked E-mini.
Submitted by Tim Price via SovereignMan.com,
On 23 June 2016, this British citizen will be voting to leave the European Union.
To me it’s clear: the EU has not only become too big for its own good, it’s too big to do hardly anything good.
Back in 1975 when the UK first confirmed membership in the EU (when it was called the European Economic Community), it made sense.
Britain has always thrived on international trade, and the EU promised more trade.
Submitted by Soeren Kern via The Gatestone Institute,
None other than the former head of MI6 (the British Secret Intelligence Service) Richard Dearlove expressed his quite candid thoughts on the immigration crisis, as well as the possibility of a British exit from the EU during a speech recently at the BBC. The speech is well worth the listen.
Here are some notable quotes from the speech as it relates to the immigration crisis. The former head of intelligence is quick to point out that despite what the public perception may be, the reality is that there are terrorists already among us.