The Traderszone Network

China’s trade with Germany highlights growing clout and tension in the global trade regime, Michael Ivanovitch says.

So the entire world believes that if XLF breaks 23 it is going much lower. If so how would you play it ? ATM puts on the break ? Wait for shorts to be shaken ? Wait for counter trend rally ? Bear call spread above ? Just asking….

Morgan Stanley saying they are now strategically bullish on the euro for the first time since crisis
From a client note. MS ‘strategically bullish’ on euro, citing:

TD Securities – Melbourne Institute Monthly Inflation Gauge
Headlines in at 0.0% m/m
– prior 0.5% 
For the y/y: 2.8%
– prior 2.6% y/y (which was the highest since July 2014)
For the core measure, the ‘trimmed mean’ inflation rate: 0.1% m/m & 2.1% y/y

Authored by Robert Parry via ConsortiumNews.com,

Hillary Clinton has grown even more insistent that she was not at fault for her stunning election defeat last November, claiming that 1,000 Russian “agents” and their American collaborators were a decisive factor, a bizarre twist that further locks the Democrats into their evidence-light “Russia-gate” obsession.

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Did the Russian government interfere in the U.S. election?

The dollar nursed losses on Monday, coming close to a seven-month low after disappointing U.S. employment data last Friday.