Dollar disregards Mueller, Johnson axes 18, Facebook shares up despite $5bn fine, and ECB could cut interest rates later today
Britain’s new pro-hard-Brexit chief bodes bad for money markets, Mueller readies to talk about Trump, Iran OKs crypto mining, & Alibaba accepts US retailers
Facebook has declared war upon the establishment. Their attempt to issue their own currency represents that stage in nation building that comes just before electing a government and stitching together a flag.
UK seeks to create a fleet to safeguard Homuz taffic, US pig farmers seek to supply Chinese pork-fever stricken market, & Santander loses 18% profits.
Iran seizes UK oil tanker in retaliation for Gibraltar grab, EU leaders overture Johnson, and China launches Nasdaq-style Star Exchange.
Drama on the earnings front – are you ready for this week’s quarterly deluge? Google, Boeing, coke, Amazon, Daimler, Intel, Twitter & More…
Netflix earnings overshadowed by 1st user departures in 8 years. Japan abandons SKorea talks, US Congress rejects Saudi arms deal, & G7 rejects Libra.
Bitcoin plunges as Congress expresses disdain in Facebook, US weighs in on Japan-SKorea dispute, and Von Der Leyen new EC Chief.
Two firms publishing their quarterly earnings today have been badly flounced in the past by the competition; both have managed to come back fighting! Netflix shares have managed to recover their post-Disney blues, and Microsoft is riding the cloud to places that Apple & Google can only dream of. Find out more.
Alibaba to split stocks 8:1 ahead of HK IPO, US budget – $1tn deficit , Johnson & Hunt – no to backstop, and FB: no Libra without US approval.