What's Happening Today:
- Following a mostly lower close in Asia and a positive start to the day in Europe, U.S.-based futures are lower this morning. Geopolitics are at the center of market attention once again with a number of important factors that are influencing price action and overall sentiment. The North Korean Regime's latest threat involves the possible testing of a hydrogen bomb in the Pacific Ocean. This is on the heels of the newly enacted sanctions led by the U.S. with the support of the Chinese central bank. Global leaders are expressing concern over this latest exchange of saber rattling. The Russian government has indicated concern by the latest statements and called on both parties to be reserved.
- Europe politics will be front and center starting today and into this weekend, as economists will be watching for Theresa May's speech this morning on the impending Brexit transaction. Additionally, Germany will hold elections this weekend as Angela Merkel faces opponents and the need to form a coalition government.