Section: Business Insider (USA)
What are traders chatting about this morning? A sell off in Germany … (DIA, SPX, SPY, QQQ, TLT)
Via Dave Lutz at JonesTrading, here’s what traders are talking about before the opening bell. Good Morning! US Futures are under pressure, led by a 30bp retreat in the Nasdaq. Once again, US markets are well outperforming the crowded Europe long, with the DAX off 1.5% in heavy turnover. Europe woes driven by Greece (Officials said the...
‘Gigantic’ fire erupts at fuel depot near Kiev, several dead
Kiev (AFP) – Several firefighters died on Tuesday as a result of a huge explosion and fire at a fuel depot outside the Ukrainian capital Kiev, officials said.”An explosion at a fuel depot near Vasylkiv,” interior minister Arsen Avakov said on Twitter, referring to a town outside of Kiev. “Gigantic. Firemen have...
Putin just made more revealing comments about his opinions of NATO
In an interview with the Italian website Corriere della Sera, Russian president Vladimir Putin made revealing statements regarding his stance on NATO. In the West, Putin’s Russia is largely seen as acting downright aggressively towards Ukraine and Crimea, causing many eastern European countries to bolster their defense programs and act...
Airlines profit but Europe, Latin America lag behind
Miami Beach (United States) (AFP) – As fuel prices drop and more planes fly filled to capacity, North America is leading the airline industry in profits while much of the world still struggles, officials said Monday.Airlines are projected to make $29.3 billion in collective profit on revenues of $727 billion in 2015, said Tony Tyler,...
Putin to seek friendly ear with pope visit
Vatican City (AFP) – Increasingly isolated by the West, Vladimir Putin will hope to find a friendly ear in Pope Francis at their meeting Wednesday, but experts say the Russian President may have misjudged the mood.The conflicts in the Ukraine and Syria are likely to dominate the talks, organised on the sidelines of a visit to Milan 2015...
Seven Ukrainian soldiers killed when truck hits mine: spokesman
Donetsk (Ukraine) (AFP) – At least seven Ukrainian servicemen died on Monday when their truck hit a mine planted by pro-Russian insurgents in the war-torn country’s separatist east, a Kiev military spokesman told AFP.”The roads in this area are mined by the enemy,” military spokesman Yevgen Silkin said by telephone, adding...
Obama on ISIS: ‘We do not yet have a complete strategy’
At a press conference following the G7 summit in the Bavarian village Krün, President Barack Obama admitted that the US does not have a complete strategy for countering the Islamic State terror group. “When a finalized plan is presented to me by the Pentagon, then I will share it with the American people,” Obama said. “We...
Here’s a great photo of Angela Merkel and Barack Obama hanging out at the G-7 summit
This week the world’s most powerful woman, who oversees the richest EU economy, is hosting the Group of Seven (G7) in the remote Bavarian village of Krün at the Schloss Elmau. German Chancellor Angela Merkel will preside over discussions with the leaders of the US, UK, Canada, France, Italy, Japan and European Council president Donald Tusk,...
G7 warns could toughen sanctions against Russia
Elmau Castle (Germany) (AFP) – G7 leaders on Monday warned Russia that they stood ready to toughen sanctions over Moscow’s role in the Ukraine conflict, as escalating violence sparked fears that a ceasefire deal could be unravelling.The leaders said they would roll back the punishing sanctions if the peace deal was implemented but...
Ukraine says rebels have army of ‘mid-sized European state’
Kiev (AFP) – Ukraine’s defence minister on Monday accused pro-Russian rebels backed up by Moscow’s forces of assembling a 40,000-strong army sufficient for a “mid-sized European state”.Stepan Poltorak’s estimates fly in the face of Russia’s denials that it either backs the separatist fighters or covertly...
