After a torrid night, in which at least seven people were killed in a terrorist rampage by three knife-wielding assailants in London, President Trump took to Twitter to warn terrorism will “only get worse” if officials don’t “get down to the business of security for our own people” and end political correctness.
The day after Trump pulled out of the Paris Climate Accord, stocks are set for new all time highs with S&P futures up 0.2%, boosted by green markets across Europe and Asia, where the Nikkei rose above 20,000 for the first time since 2015. World stocks are set for new record highs, having already gained 11% so far this year, ahead of today's US nonfarm payrolls which are expected to increase by 185,000 jobs after surging 211,000 in April.
Update: Moments ago, Farage responded on Twitter to the allegations:
In response to the Guardian article, it has taken me a long time to finish reading because I am laughing so much at this fake news.
— Nigel Farage (@Nigel_Farage) June 1, 2017
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S&P futures are little changed this morning, while Asian shares rise and European stocks (+0.5%) are poised to snap a five-day losing streak amid a broad-based rally. The pound declined as better-than-expected manufacturing data failed to offset political risk before the impending election, while crude oil gained.
Authored by Mike Shedlock via MishTalk.com,
Brexit without a signed agreement looks increasingly likely as I suggested all along.
EU documents reveal “Painstaking Brexit Detail” down to the smallest item demanded by every nation.
The document also demands arbitration by the European Court of Justice (ECJ). These are both non-starters from the UK side.