Friday, December 2, 2016

Economic News , Data & News...... December 2 , 2016......Quicks Hits For Friday - 1) US Stocks Mixed On Friday , Europe Stocks Have a Down Week - Except Italy , Oil Continues Its Tear & Additional Oil News , Global Bond Rout Continues , Additional News Of Note. 2) Europe - Italy Referendum , Austria Presidential Contest , Greece News Of Note , Additional Items Of Interest Across Europe. 3) US Political News - Transition News , GOP & Republican Politics , Recount News Items. 4) Odds & Ends


Markets.....



Forexlive Americas forex news wrap: US employment solid but wages....eh










The US stock end the day little changed



The top 5 releases and events for the week starting December 5






US crude oil futures settle at $51.68/BBL




OIL PRICES EXTEND GAINS AFTER WHITE HOUSE SAYS EXPECTS OBAMA TO SIGN BILL EXTENDING IRAN SANCTIONS







Baker Hughes total rig count 597 vs 593



SAUDI CENTRAL BANK SYSTEMS SAID TO BE HIT BY IRANIAN MALWARE. BBG.






markets book weekly gain of 3.5% ahead of historic constitutional referendum amidst global losses.









European stocks slumped this week, except Italy




November nonfarm payrolls +178K vs +180K expected



•Unemployment rate 4.6% vs 4.9% expected






scenario intact despite global bond rout: Bund yields continues to mimicking Japan's yield performance from the 1990s.








Bond yields in the developed world drop after strange US jobs report: NFP 178k vs 180k exp, AHE at -0.1%MoM vs +0.2% exp, UR at 4.6% vs 4.9%









Europe .....




What time will the Italian referendum result be announced?










Renzi to offer resignation if referendum fails, minister says







Italy isn't the only European country voting this weekend















DB cutting off 3,400 "non stategic" clients. Stock price no likey...







German Foreign Minister to Visit Greece on Sunday







European Commission Reacts to Turkish Provocations Against Greece







New Democracy Leads by 16% in New Greek Poll




US Politics....





UNITED STATES: Trump did not consult with State Department before calls with world leaders, including presidents of Taiwan and Philippines.






MORE: Trump transition team describes details of Pres.-elect Trump's phone call with Taiwan Pres. Tsai Ing-wen.







JUST IN: Former Bush spokesman on Trump's Taiwan call: "China will go nuts"








Howard Dean drops out of DNC chair race










Ellison open to leaving Congress if elected DNC chair








WH praises DefSec pick James Mattis. says Mattis "served with distinction" as commander during watch.








Michigan recount on for now. Post election zaniness continues !







Priebus: Trump had Romney "in tears" with funny stories








Trump supporters file lawsuit to block Wisconsin recount




Pence details ambitious agenda for Trump's first 100 days










Palin slams Trump Carrier deal as "crony capitalism"








Odds & Ends.....






Pro-Assad forces have now overrun 60% of the rebels' east Aleppo stronghold, according to . Latest district to fall is Tariq al-Bab.






Syrian rebels talking with Russia , facilitated by Turkey & US on the outside looking in.







Erdogan walks back threat against Assad..








plans to raise production to 900,000 bpd from 600,000 bpd in near future - National Oil Corp









's Tripoli sees worst militias clashes in 2 years








Today, Haitham al-Tajouri says the fighting in is an "our anticipatory move". That means PC/GNA initiated this fighting !.









BREAKING — US Dollar breaks new record against the Turkish Lira at 3.6









, tanks in bab Bin 3'shir area. There right now and heavy fighting going on .











Fresh clashes resumed this morning in , Smoke rising & reports that Heithem Tajouri forces has entered the Nasr Forest












from various areas in today as fierce clashes continue between armed forces