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Global Market Rout Spreads: VIX Marches Higher As China Stocks, Currency Plunge

Global Market Rout Spreads: VIX Marches Higher As China Stocks, Currency Plunge

The global rout resulting from tensions over the North Korean nuclear standoff continued on Friday as world stocks tumbled for the fourth day, on course for their worst week since November following a third day of escalating verbal exchanges between Trump and Kim, as European and Asian shares tumlbed, volatility spiked, and the selloff in US futures continued albeit at a more modest pace as the escalating war of words over North Korea drove investors on Friday to safe havens such as the yen, Swiss franc and gold.

Car Rams Into Group Of Soldiers In Paris; Six Injured In "Deliberate Act Of Terrorism"

Car Rams Into Group Of Soldiers In Paris; Six Injured In "Deliberate Act Of Terrorism"

In the latest car-ramming terrorist attack in France, at least six French soldiers were injured, three of them seriously, after being rammed by what was described as a black BMW in a Paris suburb, French Armed forces confirmed, adding that the police were searching for the driver in what prosecutors are treating as the latest act of terrorism.

Futures Flat As Payrolls Loom, Dollar Slide Continues

Futures Flat As Payrolls Loom, Dollar Slide Continues

It took stocks only a few minute to "price in" the latest political shock out of Washington, and as of this morning Emini futures no longer care that Mueller has a grand jury, trading 0.08% in the green with European stocks and Asian shares all little changed as investors await the looming July jobs report, which is expected to show a slowdown in hiring from 222K to 180K but will have little impact on either the Fed's thinking or the market.

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