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Frontrunning: March 10

  • Pressure Is on Mario Draghi to Show ECB Has Tools to Boost Low Inflation (WSJ)
  • Euro dips as ECB sets sights on deeper negative rates (Reuters)
  • Ohio's 'dirty little secret': blue-collar Democrats for Trump (Reuters)
  • Irish Economy Expanded 7.8% in 2015, Fastest Pace Since 2000 (BBG)
  • Too Many Boats for Too Little Cargo Leaves Shippers High and Dry (BBG)
  • Abe pledges to boost tourism in tsunami-ravaged region, maintains nuclear policy stance  (Xinhua)
  • Amazon Finds Air Freight Partner (WSJ)

Thousands Protest In London Against Turkish War On Kurds

Thousands took to the streets of London to protest against Ankara’s military operation against the Kurdistan Workers’ Party (PKK) which causes suffering to the Kurdish minority both in Turkey and beyond. Organized by an activist group known as Stop War on Kurds, the protest took place in central London on Sunday amid media silence. RT reports: The crowd was a mixture of both Kurds and non-Kurdish supporters.

Futures Flat Ahead Of Payrolls As Gold Continues Surge After Entering Bull Market

Futures Flat Ahead Of Payrolls As Gold Continues Surge After Entering Bull Market

There is an odd feeling of Deja QEu this morning, when with two hours to go until the February payrolls, global stocks are modestly higher, US equity futures are likewise slightly higher on the back of a weaker dollar (or perhaps stronger Euro following a Market News report according to which the ECB may disappoint, more on that shortly), but it is gold that is breaking out, and after entering a bull market yesterday when it rallied 20% from its December lows...

 

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