SECURITY: NATO Launches Eastern Sentry To Bolster Defence Of Border With Russia

Sep-12 15:35

NATO Secretary General Mark Rutte and Supreme Allied Commander Europe General Alexus G. Grynkewich have delivered a joint press conference on the Russian drone incursion at NATO HQ in Brussels, announcing the launch of ‘Eastern Sentry”, a security initiative to bolster defensive posture on NATO's Eastern flank with assets from Denmark, France, the UK, Germany, and others. 

  • Rutte said NATO defences “successfully ensured the defence of NATO territory,” adding that “what happened on Wednesday was not an isolated incident. Russia’s recklessness in the air is increasing in frequency.”
  • Rutte says NATO is looking into whether the drone incursion was “intentional or not”. Says NATO allies “expressed full solidarity with Poland” following their request for Article 4 consultations.”
  • Grynkewich says the “immediacy of the focus is on Poland” but the situation transcends the borders of one nation. Says he has issued the order tonight for Eastern Sentry to begin.
  • Grynkewich says a primary focus of Eastern Sentry is to establish lower-cost solutions to repelling any future incursions of NATO territory.
  • Pressed on reporters on what appears to have been a lukewarm American response, Rutte says the American reaction, “was very clear by [Trump] and the US ambassador…  America’s commitment to NATO is ironclad in every sense, there is no doubt… I was very happy with the American reaction.” 
  • Grynkewich, a US general, says American assets were not involved in the engagement due to regular rotation but stresses America’s commitment to the alliance. 

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FED: US TSY 17W BILL AUCTION: HIGH 4.050%(ALLOT 41.13%)

Aug-13 15:32
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Aug-13 15:20
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US: Trump To Make Announcement At Kennedy Center Shortly

Aug-13 15:16

US President Donald Trump is shortly due to make an announcement at the Kennedy Center in Washington DC. LIVESTREAM The event will be Trump's public appearance since National Guard troops deployed across DC this morning. 

  • Trump is expected to announce the first Kennedy Center Honors recipients since he fired Democratic members of the board and took over as chairman in February. He also may speak on other market-relevant issues, with particular market interest in his assessment of a recently concluded call with Ukrainian President Volodymyr Zelenskyy and European leaders.