Tuesday, April 21, 2015

Economic News , Data and Views ( April 21 , 2015 ) Greece and Europe in focus ( ECB looks to examine applicability of ELA for GR Banks , GR Gov't actions as cash pressures are increased , RUS/ GR Energy Pact item , Polling info , Bond yields moving higher for GR , Gazprom faces anti- monopoly charges , ECB warns of risks to financial stability ) ..... Items of note from Asia - China , India , Hong Kong , South Korea , Japan in focus


Tweets....


Greek Bond yields move higher as worries Grow. 's 2yr and 3yr yields heading towards 30%, highest since 2012.













ECB SAID TO STUDY THREE OPTIONS FOR RAISING HAIRCUTS ON ELA








ECB SAID TO STUDY CURBS ON GREEK BANK SUPPORT AS UNEASE GROWS







GROWING MINORITY OF ECB GOVERNORS SAID TO OPPOSE GREEK ELA











Minister scraps most civil service assessment measures in new draft bill







Government takes state bodies' cash reserves to meet needs




































The Daily Shot; April 21, 2015: Global Macro Currents -







As the ECB takes bonds out of private sector, quality collateral becomes more scarce, threatening the repo market -








Much less to Russia-Greece energy pact than meets the eye


































Greek governor tells me he will challenge decree to transfer their cash reserves at the highest Greek court. ,,This is unconstitutional."








Popular support for govt's negotiating strategy cracking. poll: 45.5% agree (February 72%), 39.5% say it's wrong (prev 28%)








Fmr chief Trichet says 'nobody is optimistic' on as 2yr yields jump >29%.








Buba's Dombret warns of risks to financial stability. Chances of a setback increases.






Asia......






Hong Kong buys $5.85bn this month to defend currency peg.










S Korea PM offers to resign over scandal







RBI rate cuts evade India’s real economy







"The law can’t stop employers from viewing the foreigners as a source of the cheapest labor possible..."







BAODING TIANWEI SEES ’BIG UNCERTAINTY’ ABOUT INTEREST PAYMENT















Chinese Economic Outlook "Skewed Heavily To The Downside," BNP Says









Major Chinese Developer Says It Can’t Pay Dollar Debts