Section: Business Insider (USA)
What are traders chatting about this morning? A sell off in Europe … (DIA, SPX, SPY, QQQ, IWM, TLT)
Via Dave Lutz at JonesTrading, here’s what traders are talking about before Monday’s open. Good Morning! US Futures are continuing Friday’s NFP weakness, with the Russell losing 25bp early. This mirrors weakness overseas, which sees the DAX losing 60bp in very good volumes. Consumer Discretionary and Tech are the main drivers of...
United against ‘Russian aggression’, G7 to focus on jihadists
Elmau Castle (Germany) (AFP) – World leaders at a G7 summit in Germany were on Monday set to present a united front against global security threats ranging from jihadist insurgencies to what US President Barack Obama condemned as “Russian aggression in Ukraine”.While excluding Russian President Vladimir Putin for a third time,...
Greek debt crisis casts shadow over G7 summit in Germany
Elmau Castle (Germany) (AFP) – Flaring tensions between Greece and its creditors were set to dominate a G7 summit in Germany Sunday, amid fears the debt-wracked country could crash out of the euro and rock the world economy.German Chancellor Angela Merkel, a champion of tough eurozone reform and austerity, will host the other leaders of the...
Half of live dolphins caught in Japan exported despite hunt outcry: report
Tokyo (AFP) – About half of live dolphins caught in the Japanese coastal town of Taiji were exported to China and other countries despite global criticism of the hunting technique used, a news report has said.The so-called “drive hunt” method has been criticised overseas as cruel and Japanese zoos and aquariums were recently...
A top investment bank thinks investors are in a ‘lose-lose’ situation
“Stockholm syndrome” is a term used to describe when hostages begin to empathise with, and even trust, their captors. It’s also what Bank of America Merrill Lynch thinks is happening to investors going big on shares right now — and their captors are central banks. The bank’s European Equity Strategy has put out a note...
China and Russia are ‘engaged in a contest for primacy in Eurasia’
There’s no question that the Ukraine conflict has led Russia to shift more toward China — but that doesn’t mean that everything is smooth sailing for the two countries. One of the major byproducts of Moscow pulling toward Beijing will be “expanded” cooperation in Central Asia, according to Alexander Gabuev, a senior...
UN holds emergency meeting over fresh Ukraine fighting
New York (AFP) – The UN Security Council on Friday urged all sides in Ukraine to respect a Europe-brokered ceasefire, as the warring parties accused each other of endangering the truce.UN political chief Jeffrey Feltman warned an emergency Security Council meeting: “We are either looking at a return to a deepening intractable conflict...
Ukraine ceasefire must be fully respected: UN
United Nations (United States) (AFP) – The United Nations called Friday on all sides in Ukraine to fully uphold a European-brokered ceasefire after an upsurge of fighting raised fears of a return to all-out conflict.”The ceasefire must be fully respected and the protection of civilians a priority,” UN political chief Jeffrey...
Prominent Soviet dissident Leonid Plyushch dies
Moscow (AFP) – Communist-era Ukrainian dissident Leonid Plyushch, who was detained for almost three years in a psychiatric ward by the Soviet authorities, died Thursday aged 76 close to Paris, a friend told AFP.”Leonid died on Thursday morning,” said Arina Ginzburg, another Soviet dissident.”He was a remarkable man who...
There’s ‘a major, multi-front escalation’ happening in Ukraine
War has once again erupted in Ukraine. A series of separatist offenses throughout the east of the country has rattled the Minsk II accords and promises another bloody summer in the country, Michael Weiss writes for The Daily Beast. The surprise assault by the Russian-backed Ukrainian separatists targeted two major Ukrainian towns outside of the...
