United States

Echoing comments made yesterday by his national security advisor Michael Flynn, Trump started his Thursday morning on Twitter by first threatening to pull UC Berkeley's funding and congratulating Rex Tillerson, and then stating that Iran is now formally “on notice” for firing a ballistic missile. 

“Iran has been formally PUT ON NOTICE for firing a ballistic missile.Should have been thankful for the terrible deal the U.S. made with them!” he tweeted, without providing any other details.

First, the AP reported that according to a transcript of a phone call between the presidents of the US and Mexico, Trump threatening to send US troops to Mexico if it was unable to stop the "bad hombres down there." Then, in a separate report from the Washington Post, Trump labeled a refugee swap deal with Australia "dumb" on Thursday after a Washington Post report of an acrimonious telephone call with Australia's prime minister, replete with alleged "yelling" and which Trump hung up after just 25 minutes, that has threatened a rift in ties between the two ally nations.

European shares and S&P futures fell amid mixed earnings from corporate heavyweights, while Asian stocks were fractionally higher. The dollar slump continued against all its major peers after the Federal Reserve gave dollar bulls little to be optimistic about.  The U.S. currency dropped toward the lowest close since November after the Fed reiterated its intention on Wednesday to lift rates only gradually.