United States

S&P futures are higher in early Wednesday trading, alongside Asian stocks and European bourses, both solidly in the green as the EURUSD drifts below the 1.20 "redline" while the dollar rebounds off a two and a half year low following the US "measured" response to North Korea’s missile test, which soothed jittery investors who now turn their focus to US economic data. Equity indexes in Japan, Hong Kong and South Korea also rose while 10Y US Treasuries are steady before the release of ADP employment and GDP data, both of which are expected to show an increase.

Authored by Peter Korzun via The Strategic Culture Foundation,

China and Russia are set to sign a milestone agreement in October on joint space exploration from 2018 to 2022, sending manned missions to the Moon for the first time.

The bilateral agreement will cover five areas including lunar and deep space exploration, developing special materials, collaboration in the area of satellite systems, Earth remote sensing, and space debris research.

Authored by Adam Garrie via TheDuran.com,

What was once mission difficult is now mission impossible - at least for the foreseeable future...

Donald Trump has yet again stated that he seeks to have good or even “great” relations with Russia. Speaking beside Finnish President Sauli Niinisto, Trump stated,

“I hope that we do have good relations with Russia. I say it loud and clear, I’ve been saying it for years: I think it’s a good thing if we have great relationships, or at least good relationships with Russia.

 

Just when it seemed that a full day may pass without some diplomatic fiasco between North Korea and the US sending stocks surging on rising risks of World War III, moments ago North Korea's state-run news agency KCNA issued a statement quoting Kim Jong Un, who said that "the current ballistic rocket launching drill like a real war is the first step of the military operation of the KPA in the Pacific and a meaningful prelude to containing Guam" and added the necessity to "positively push forward the work for putting the strategic force on a modern basis by conducting

Authored by Frank Holmes via StockBoardAsset.com,

Summary

• Are government inflation numbers more “fake news”?
• A falling dollar is good for U.S. trade.
• Are you ready for a big fight?