Tuesday, March 31, 2015

Economic News . Events , Data and Views ( March 31 , 2015 ) - Massive Blackout Hits Turkey - Cause Presently Unknown ..... Overview Of Greece Situation ( PM Update To Parliament , Latest On Creditor Talks / Reforms List ) , Data Splash ( German Unemployment , UK GDP , EZ CPI , Euro weakening again , Oil price crash items , ) Asia Data , News and Views ( China and Japan in focus )



Tweets.....

( Note additional items will be updated during the day  at blog tweet feed , as relevant )



: Massive power cuts in , flights affected













Massive power blackouts hit cities
















— Power outage in several cities in forces Metro and Tram services to be suspended in .







Seems tweets on & on are now almost identical. "Round-the-clock", "close to deadline", "prospects uncertain", etc










Risk-off mood grows: Use of ECB deposit facility increased to €72.041 billion.








EUREX MARGIN CALL SAID TO TRIGGER NEAR-COLLAPSE OF DUESSHYP





Margin Call From Eurex Said to Trigger DuessHyp Collapse.






's 5yr default probability continues to rise on Heta woes.

















's Tusk says that a deal for cld still get completed by end of April but does not expect anything before Easter. /via









talks concluded; delegation returning to Athens, officials say agreement v close, even in next 1~2 days, reports









TUSK SEES NO BREAKTHROUGH ON GREEK AID BEFORE EASTER: BBG





Here's the 'ugly scenario' that's about to happen if doesn't get a bailout deal, by
































to lift embargo on agricultural products from , & ~officials via









Two options for Greece - Austerity with EU or starvation with Putin






GREEK PM TSIPRAS SAYS COUNTRY OPPOSES RUSSIA SANCTIONS: TASS





As points out, for a debate about negotiations with creditors, tonight's parliamentary sesssion v. short on fiscal data







Parliamentary speaker prompts ND walkout, anger from PASOK, Potami






Greek government proposes measures worth 3.7 bln





Amateur antics or overstepping the mark?






Venizelos:By far the most substantial speaker in today discussion.He raised the time issue,the reforms question, the fiscal gap item .







Tsipras reveals 1 of his goals from tonight's speech: To try to put opposition parties in tight spot over whether to back gov't







also stressing failure of previous gov't to combat corruption, portrays his coalition as true reformers needs








EU aides state that Greece's proposal to have aid released needs substantial adjustments ()




Euro near day lows as core CPI came in at 0.6%, lowest in history of EZ and jobless rate has risen to 11.3%



















Eurozone CPI in line at -0.1% however core lower than expected at 0.6% vs. Exp. 0.7%.









zone CPI for March is in line at -0.1% vs. -0.3% last, core CPI falls a notch to 0.6% at vs 0.7% last. /via







  retweeted



Europe in One Tweet Unemployment Germany: 6,4% new record low Italy: 12.7% back up near recent highs








German jobless rate hits record low, but Italy's climbs again (Live updates by )










*GERMAN UNEMPLOYMENT RATE FELL TO RECORD LOW OF 6.4% IN MARCH *GERMAN UNEMPLOYMENT FELL 15,000 IN MARCH; EST. 12,000 DROP




UK GDP Q4 final readings better than exp. with ONS citing pick-up in household spending and UK net trade as largest contributors








continues to drop at the end of the first quarter on record shorts. Trades now at $1.0765.










Why Prices Crashed. Acc to Citi oil glut will be exacerbated regardless of any Iran deal.









10-Year Bond Yield Set for Biggest Monthly Jump Since 2013.
























Macquarie to halve Asia banking jobs






Looking ahead, today sees the release of the German jobs report, UK GDP and Eurozone CPI








..... to lower its investment to a record low at JPY 14.38trl starting April 1st ....better late than never!!!!






offered across the board, with back below 1.0800!! new highs!! ...on course for its biggest quarterly gain since Q3 2008!










Dalian futures fresh contract low! OIS now pricing in a 73% chance of a 25bps rate cut next week vs. yesterday's 59%!