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US Futures Rebound Sharply, Erase All Syrian Airstrike Losses

US Futures Rebound Sharply, Erase All Syrian Airstrike Losses

After initially tumbling in the aftermath of the U.S. missile attack on Syria which jolted financial markets, boosting haven assets and temporarily shifting investor focus from today's jobs data , S&P futures have managed to recoup all losses (the Nikkei closed up 0.4% after sliding earlier in the session), with Europe also just fractionally lower and climbing fast.

Putin Responds: Syria Strikes "Cripple US-Russia Relations"; Deploys Cruise Missile Frigate To Syria

Putin Responds: Syria Strikes "Cripple US-Russia Relations"; Deploys Cruise Missile Frigate To Syria

Responding to Trump's unexpected military attack on Syria in which 59 cruise missiles were launched (of which only 23 allegedly hit their target), Russian President Vladimir Putin "regards the strikes as aggression against a sovereign nation,” his spokesman Dmitry Peskov said, noting that the president believes the strikes were carried out “in violation of international law, and also under an invented pretext.”

Clipping Iran's Wings - Winners & Losers From Congress' New Sanctions

Clipping Iran's Wings - Winners & Losers From Congress' New Sanctions

Authored by James Durso via RealClearDefense.com,

 

Iran’s aviation sector will spend much more time taxiing before takeoff if the Countering Iran’s Destabilizing Activities Act Of 2017 becomes law. The bill enjoys bipartisan support in the U.S. Senate, and the House of Representatives is considering a companion bill, the Iran Ballistic Missiles and International Sanctions Enforcement Act, which also enjoys bipartisan support. 

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