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All Eyes On Draghi: Futures Flat, Euro Surges, Dollar Slides; Yuan Breaches 6.50

All Eyes On Draghi: Futures Flat, Euro Surges, Dollar Slides; Yuan Breaches 6.50

S&P futures are flat, still spooked by the WSJ's report that Gary Cohn will not be the next Fed chair, while both European stocks and Asian shares gain in a overnight session on edge in which everyone is looking forward to today's main risk event: the ECB meeting and Draghi press conference due in under two hours. The dollar continued to weaken against most G-10 peers as tensions over North Korea, concerns over Stan Fischer's resignation and the increasingly cloudy Fed outlook outweighed positive sentiment from the US debt ceiling extension.

King Of Saudi Arabia To Visit Russia In October

King Of Saudi Arabia To Visit Russia In October

Authored by Peter Korzun via The Strategic Culture Foundation,

Despite differences over Syria and the Iranian nuclear deal, current Russia-Saudi Arabia relations are arguably at an apex, both in terms of shared interests and mutual understanding. It has just been announced that King of Saudi Arabia Salman Bin Abdulaziz Al Saud will visit Russia in late October. Kremlin spokesman Dmitry Peskov said on September 5 that the exact date will be announced later. Only some details are left to be discussed.

Escobar Exposes Real BRICS Bombshell: Putin's "Fair Multipolar World" Where Oil Trade Bypasses The Dollar

Escobar Exposes Real BRICS Bombshell: Putin's "Fair Multipolar World" Where Oil Trade Bypasses The Dollar

Authored by Pepe Escobar via The Asia Times,

Putin reveals 'fair multipolar world' concept in which oil contracts could bypass the US dollar and be traded with oil, yuan and gold...

The annual BRICS summit in Xiamen – where President Xi Jinping was once mayor – could not intervene in a more incandescent geopolitical context.

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