Iran will show restraint in its "revenge" as it knows if it does it recklessly its quest in trying to save face after Solemani's assassination will be the least of its worries. Revenge will probably be limited to cyberattacks, reneging on the ...

Iran Will Respond: Here Are Some Thoughts On "How"

That's not going to achieve anything. For what's worth, Soleimani's actions will make it difficult for Iran to find any sympathizers except maybe for Russia and China.

Tehran launches legal measures to hold U.S. to account for Soleimani's killing

I knew the news was fake the moment it came out. The US has patriot missile launchers around the bases so the fact the missiles managed to hit US bases was dubious.

Unconfirmed reports of missiles hitting US military base in Iraq

Unconfirmed as of now. No major news outlets are reporting this.

Unconfirmed reports of missiles hitting US military base in Iraq

Because the market is focusing on the trade war de-escalation story. Besides the PMI print is moot as we expect the manufacturing sector to improve somewhat after the Phase 1 trade agreement.

PMI at 47.2%; GDP Growing at 1.3%; December Manufacturing ISM Report On Business

Large build in distillates and gasoline offset this huge draw, so this portends a sell for oil in the near term despite the US-Iran escalation. US is already saying they do not want a war with Iran.

Crude Inventory -11.46M Barrels vs -3.27M Expected

I guess USDJPY will go down a bit more.

Iranian officials: Killing of Qasem Soleimani could lead to war

It depends how we look at this. For some, this smells of desperation in trying to shoring up an unstable economy whereas for others it's an economic stimulus meant to give it a jolt. The former is a risk negative while the latter is risk positive.

China cuts banks' reserve ratios again, frees up $115 billion to spur economy

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Trump says Iran will 'pay a very big price' if lives are lost at any U.S. facility

Anyone who is being held accountable for crimes they committed always complain how they're being treated unfairly. It's just a coward's way of coping.

Ghosn in Lebanon, says he left Japan because of “injustice”

Yep, that's why there's a good chance risk-off sentiment will make a comeback.

Initial U.S.-China trade deal has major hole: Beijing’s massive business subsidies

It's all about the thin liquidity. Once banks return onto the stage, the equation changes. Many of the currently best performing currencies have rate cutting forecasts.

Euro’s Year-End Rally Sees Cross Currency Swaps Climb to Record

The market is always ahead.

Breakouts on Gold, Silver, Oil & Key Forex pairs - Weekly Outlook

As long as the world doesn't trust China, it will never attain reserve status equal to that of the King Dollar. Maybe it'll surpass other classic reserve currencies.

China Makes a Bet Against the US Dollar as World Reserve Currency

Ok... great. I doubt the market moved even a pipette to this.

Post Malone Wins $50,000 Playing Beer Pong With Tyla Yaweh

It's going to have the same effect. It tells us there is there is less chance of a trade deal.

Beijing strategy now to talk but wait due to impeachment, US election

So it's a bearish signal for the Euro if the rest of the union aren't faring too well economically. It means Germany won't help out with an expansionary fiscal policy.

Bundesbank's Weidmann: No economic crisis in Germany

Being leaders in a country doesn't mean they're largely responsible for its economic success.

U.S. China trade deal will be done 'in all likelihood': Ross

The only way for GBP to drop like anvil at this point is polls suggesting Conservatives are losing the lead or won't get an effective majority.

The Conference Board Leading Economic Index for the U.K. Declined