Bunds are bid relative to Treasuries this morning following the Merkel headlines, pushing the US-German yield spread to the critical 200bps level...
Amid heavy volume selling in Treasury futures...
Which has pushed the US-German spread up to 200bps once again...
A key threshold since the election...
Is that cheap enough to buy, or a breakout?
After surging above its 50-day moving-average on Friday, it appears someone is keen for that key technical level not to hold as they dumped almost $2 billion notional in seconds this morning, testing down to the 50DMA (but holding for now).
15,000 contracts dumped in under two minutes... but for now the 50DMA is holding...
The Dollar Index has been flying around after the Merkel headlines over the weekend...
Authored by Alex Thomas via SHTFplan.com,
Over the last few years the once dominant sports news outlet ESPN has come under fire for their perceived political bias after the network fired multiple employees for conservative viewpoints while propping up those that pushed the companies anti-Trump agenda.
From firing baseball icon Curt Schilling to allowing prime-time SportsCenter news anchor Jemele Hill to smear the president on Twitter, the network has an obvious liberal leaning and many conservatives have rightly called out this transparent bias.
A clearly frustrated President Trump raged over Twitter this afternoon at the father of a UCLA basketball player who downplayed Trump’s importance in getting his son released from shoplifting charges in China...
Now that the three basketball players are out of China and saved from years in jail, LaVar Ball, the father of LiAngelo, is unaccepting of what I did for his son and that shoplifting is no big deal. I should have left them in jail!
As the final whistle blew on the 0-0 draw, the tears started to flow. Italy had failed to qualify for the FIFA World Cup for the first time since 1958.
After their poor showing in the group stages in 2014, only finishing above a dismal England, the Azzurri now have to come to terms with the end of an era.
Talisman goalkeeper and 2006 World Cup winner Gianluigi Buffon announced after the game that he is retiring from international football along with fellow members of the old guard, Daniele De Rossi and Andrea Barzagli.