It is the 18th of August 2019

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Macron And Le Pen Move To The 2nd Round: What Happens Next, According To Goldman And Citi

Most of the results are in, and while it remains close, Macron will likely be the winner of the first French presidential round and is set to face Marine Le Pen in the runoff.

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Fitch Downgrades Italy To BBB From BBB+

Having largely disappeared from the market's scope for the past 6 months, ever since Europe "bent" its rule allowing the bailout of Monte Paschi and several smaller banks despite Italy having the greatest amount of disclosed NPLs of any European nation, moments ago Fitch decided to drag Italy right back in the spotlight when it downgraded Italy to BBB from BBB+, citing "Italy's persistent track record of fiscal slippage, back-loading of consolidation, weak economic growth, and resulting failure to bring down the very high level of general government debt has left it more exposed to potential adverse shocks. This is compounded by an increase in political risk, and ongoing weakness in the banking sector which has required planned public intervention in three banks since December."

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Will Trump Stop Plans to Ban Cash in the US?

The biggest trend that continues “behind the scenes” is the War on Cash.

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Does Donald Trump Regret Anything? Highlights From His FT Interview

With Donald Trump's 100th day in office fast approaching and set to coincide with the April 28th deadline when the Continuing Resolution is set to expire, potentially resulting in a government shutdown, the FT sat down with the president for an interview that covers some of the more pertinent aspects of Trump's presidency to date.

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Paris Airport Attacker's Last Words: "I Am Here To Die For Allah, There Will Be Deaths"

The man shot dead by French soldiers at Paris Orly airport on Saturday shouted he was there to "die for Allah" when as reported this morning, he tried to seize a soldier's assault rifle, apparently intending to open fire on passengers, a Paris prosecutor said. According to the Paris prosecutor, Francois Molins, who held a press conference in the French capital on Saturday evening the attack is being treated as a terrorist incident, and three people - the assailnt's father, brother and cousin - have been placed in custody.

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