Sunday, January 11, 2015

SUNDAY 1/11/15; Paris Anti-Terrorism Unity Rally

European leaders converge on Paris to show solidarity with France after the heinous murder of 17 people in two separate terrorist incidents. Over one million people are in the streets across France for a Unity Rally demonstrating resiliency in the face of terrorism. The impressive list of leaders visiting PM Hollande in Paris or pledging support include German Chancellor Merkel, British PM Cameron, Italy PM Renzi, Spain President Rajoy, Queen and King Abdullah of Jordan, Turkish PM Ahmet Davutoglu, Israel PM Netanyahu and Palestinian Authority President Mahmoud Abbas. President Obama is absent taking a low-key approach and calls the terrorist events “violent extremism” rather than “radical Islam." France remains on high alert as the crowds grow larger.

France demonstrators are hoisting signs and make-shift sculptures of pencils which signal that free speech will not be stifled after the Charlie Hebdo terrorist attack. The country is rallying behind the mantra, “I Am Charlie.” The search continues for













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as Asia’s trading week begins, US futures are flat to negative. S&P -2. Dow -12. Nasdaq -3. Dollar/yen 118.30. Euro 1.1867. Pound 1.5186. Aussie dollar 0.8219. WTIC oil 47.75. Brent oil 49.40. Natty gas 2.92. Gold 1226. Silver 16.64. Copper 2.76. Australia and South Korea trade lower to begin the session. Japan markets are closed.

US Treasury yields are; 2-year 0.56%, 5-year 1.42%, 10-year 1.94%, 30-year 2.53%.

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