Wednesday, February 4, 2015

Asia and Europe Financial Report - February 4 , 2015 - Early look at overnight data from Asia ( China and Japan PMI data ) , 3 key Greek meetings today ( ECB decide whether to extend ELA, Juncker vs. Tsipras, Draghi vs.Varoufakis ) .... additional items of note , updated as relevant !


Tweets.....


Has SYRIZA just dropped its demands for a Greek debt write-down? Read our latest blog post:













Greece - the "Samson Strateg and strength thru haircuts:




GERMAN STANCE ON GREECE HASN'T CHANGED IN RECENT DAYS: SEIBERT





Varoufakis: "We will never ask for financial assistance in Moscow.”






I've been told by 2 reliable sources that met with European dept chief Poul Thomsen while he was in Paris on Sunday.






JAEGER SAYS GREEK DEBT CUT, DEBT CONFERENCE NOT ON THE TABLE, CREDIT LINE FOR GREECE NOT AN OPTION AT PRESENT




FinMin spox Jäger says support for requires program. /via





Greece has started debt-swap talks with IMF, minister tells paper



The Greek FinMin meeting IMF officials is perfectly normal but why meet them in secret? What is there to hide?







has started talks with IMF over plan to swap debt for growth-linked bonds. /via














Meeting between Greek PM Tsipras and European Commission President Juncker starts in Brussels




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3 Greek meetings today: ECB decide whether to extend ELA, Juncker vs. Tsipras, Draghi vs. Varoufakis.




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ECB WEIDMANN: I COULDN'T PREVENT QE; 'A MAJORITY IS A MAJORITY' - MNI



Austerity to blame for 35% suicide surge in – research











Tsipras: Our aim is for to meet loan commitments and to avoid European taxpayers paying more money





Russia's recession deepens in January. Composite PMI falls to 45.6 vs 47.2 in December.






Final Markit Services Activity Index at 49.4 (50.6 in Dec), Composite Output Index at 49.3 (49.7 in Dec)




Markit/ADACI Business Activity Index for rises to 51.2 in Jan (49.4 in Dec)







Russian nationalists suggest enormous lawsuit against Germany over WWII damages






Spanish services had another good month in January, PMI up to 56.7 from 54.3 December.







China services weakening and composite PMI hits 8 month low in January: 51 vs 51.4 December.







Japan January composite PMI also slips back slightly. 51.7 vs 51.9 Dec.



Japan services PMI slips back in January (51.3 vs 51.7 Dec). Modest recovery, modest growth. Inflation slows.