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2017 Starts Off With A Bang: US Futures, Oil Jump On Upbeat China Data; Europe Enters Bull Market

2017 Starts Off With A Bang: US Futures, Oil Jump On Upbeat China Data; Europe Enters Bull Market

Rumors of the Trumpflation rally's death have been greatly exagerated, and not only is the Dow 20,000 back on the radar, following a 124 point surge in Dow futures, bringing the "key psychological level" back within 100 points, but European stocks rose for a third day and entered a bull market, rising 20% from theor lows set last February, following strong Chinese manufacturing and services PMI data, both of which ended 2016 on robust notes well inside expansion territory.

Cannabis Ingredient To Be Classified As Medicine In UK

Cannabidiol (CBD) one of the main ingredients in cannabis is about to be classed as a medicine by the UK medicines regulator. The decision made by the government’s Medicines & Healthcare products Regulatory Agency (MHRA) came about following claims that the drug successfully treats serious diseases. RT reports: The new classification means products containing CBD can now be legally distributed across the UK.

Security Minister: ISIS Planning ‘Mass-Casualty Chemical Attacks’ In UK

ISIS are planning to launch “mass-casualty attacks” on UK targets as well as overseas according to British Security Minister Ben Wallace. The minister responsible for national security warned that the terrorists have “no moral objection to using chemical weapons.” “The ambition of IS or Daesh is definitely mass-casualty attacks….they want to harm as many people as possible and terrorize as many people as possible” Wallace said in an interview with the Sunday Times.

UK Counter Extremism Bill To Target Ordinary Citizens

A UK terror law watchdog has warned that new counter extremism measures planned by the government target innocent citizens and threaten to completely eradicate people’s personal freedoms. According to David Anderson QC, the independent reviewer of the controversial terrorism legislation, the UKs new Counter Extremism Bill will see citizens with anti-establishment views unfairly targeted for harassment by authorities.

Obama Mocked By Russian Embassy: "Everyone Will Be Glad To See The Last Of This Hapless Administration"

The following tweet, just sent out by the traditionally outspoken Russian Embassy in the UK, hardly needs commentary.

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