United Kingdom

After failing to thwart two terror attacks that have occurred in the U.K. so far this year – both of which were carried out by suspected jihadis who were known to U.K. authorities – intelligence agencies have identified 23,000 potential jihadis living in Britain, according to a report published in the Times of London on Saturday. 

The report emerged after U.K. Prime Minster Theresa May downgraded the terror threat to “severe,” after raising it “critical” on Tuesday in the aftermath of the attacks.

Four days after UK Prime Minister Theresa May announced on Tuesday the nation's terror threat level was raised to the highest possible, "Critical" level in response to the Manchester suicide bombing which killed 22 people, and resulted in British troops being deployed on the streets of London for the first time in a decade, on Saturday Theresa May said Britain had lowered its security threat level to "severe" following a number of arrests and significant activity by police investigating the suicide bomb attack.

S&P futures were fractionally lower from yesterday's record high as European stocks declined and Asian stocks were mixed, pressured by yesterday's 5% plunge in crude after OPEC unexpectedly "failed to surprise" markets, and announced the bare minimum supply cut extension that was expected by oil traders, who in turn puked long positions.

It has been a seesion of violent, volatile gaps, starting with sharp gap up in S&P futures on Wednesday night, just around 10pm, which saw ES spike and rally to new all time highs on no news...

Hours after the devastating terror attack in Manchester, England, and following UK PM Theresa May's announcement of quasi-martial-law on the streets of Britain, Nigel Farage follows yesterday's BBC anchor's comments and asks "what is our government actually gonna do?"

"Get used to it"...