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U.S. under Trump Series: Brace for Trump vs. Spy showdown

Brace for impact.

Expect major tussles between the newly elected President of the United States Donald Trump and the spy agencies of the United States under the new administrations. While most of them are likely to remain behind closed doors, signs are already visible. The President-elect, on several occasions, have denied the allegations made that the Russian government was involved in the hacks that took place during the Presidential campaign and the leaks embarrassed the Democratic party, which was colluding unfairly to secure a win for Hillary Clinton.

After Donald Trump’s win, the Democrats including President Obama on several occasions said that the Russians were waging cyber espionage to make Donald Trump secure the White House. President Obama went far to expel 35 Russian diplomats from the country.  Despite such actions, the President-elect Donald Trump repeatedly said that he doesn’t believe that Russians were involved in the hacks and he even suggested that the spy agencies could be wrong like they were when it was alleged that Iraq had weapons of mass destruction.

On Thursday, the leaders of the intelligence community forcefully rejected Mr. Trump’s dismissal of their findings that Russia interfered with the Presidential election. It is allegedly reported that there would be a major overhaul of the intelligence community under President Trump.

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November 20 20:00 UTC Released

BRCAGED Net Payroll Jobs*

Actual

77 k

Forecast

Previous

77 k

November 20 13:00 UTC Released

RURetail Sales YY

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3.0 %

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3.9 %

Previous

3.1 %

November 21 13:55 UTC 479479m

USRedbook MM

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Previous

-1.2 %

November 21 13:55 UTC 479479m

USRedbook YY

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Previous

2.3 %

November 22 12:00 UTC 18041804m

USMBA Mortgage Applications

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Forecast

Previous

3.1 %

November 22 12:00 UTC 18041804m

USMortgage Market Index

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Forecast

Previous

401.7 Bln EUR

November 22 13:30 UTC 18941894m

USJobless Claims 4-Wk Avg

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Forecast

Previous

237.75 k

November 22 13:30 UTC 18941894m

USInitial Jobless Claims

Actual

Forecast

240 k

Previous

249 k

November 22 13:30 UTC 18941894m

USContinued Jobless Claims

Actual

Forecast

1.882 Mln

Previous

1.860 Mln

November 22 14:30 UTC 19541954m

BRForeign Exchange Flows*

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Forecast

Previous

-3.412 Bln USD

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