United States

Following Donald Trump's Thursday comments that rising interest rates would be disastrous for the economy, saying that "we're paying a very low interest rate. What happens if that interest rate goes up 2, 3, 4 points?" hinting that the U.S. should "renegotiate longer-term debt" with creditors and that if the economy crashes he "can make a deal", various media outlets went to town on Trump, most notably the NYT, which took Trump to task:

Authored by Satyajit Das (Author of A Banquet of Consequences), via The Independent,

There are a number of potential triggers to a new crisis.

The first potential trigger may be equity prices.

Hundreds took to the streets of the Moldova’s capital Chisinau, on Sunday to protest against a display of NATO and US military vehicles. US and NATO soldiers had organized an exhibition of military vehicles and equipment on a central square in Chisinau earlier in the day, but were forced to leave following the demonstration. Russia Today reports: The exhibition of US military equipment on the city’s Great National Assembly Square on Sunday was presented as part of the V-Day celebrations, but instead provoked hundreds of protesters to take to the streets in outrage.

• China stocks plunge again as hopes for economic recovery fade (Reuters)
• European Stock Gains Defy China Data That Hurt Metals; Oil Rises (BBG)
• Yen falls after Tokyo warning (Reuters)
• Soros Chart Signals BOJ Bond Buying Already Enough to Weaken Yen (BBG)
• Dollar Jump Catches Traders Short in One More Currency Calamity (BBG)
• Even China's Party Mouthpiece Is Warning About Debt (BBG)
• Fed's Evans sees U.S. growth picking up to 2.5 percent, favors 'wait and see' on rates (Reuters)

The overnight session has been one of alternative weakness and strength: it started in China where stocks tumbled 2.8% to a two month low following an unexpected warning in the official People's Daily mouthpiece that debt and NPLs are too high, not to expect more easing will come, and that the Chinese Economy’s performance won’t be U- or V-shaped but L-shaped.