“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
27 April 2012
US Economic News Next Week - April Non-Farm Payrolls
Here is the key macroeconomic news next week in the US.
Non-Farm Payrolls at the end of the week will tend to dominate.
Otherwise its the latest European macro jitters, and of course, more US earnings reports.