Tweets.....
( Updates as news flows in at the blog tweet feed .. )
Greece...
FT cites Greek Finance Ministry Official stating there has been a "sharp decline" in tax revenues in April
Greek official said pension payments were delayed yesterday as Greece had no money http://www.ft.com/intl/cms/s/0/e14e79ac-ef0b-11e4-87dc-00144feab7de.html?ftcamp=published_links/rss/home_europe/feed//product#axzz3YmeU45re …
GR off red lines? GR ready to sell a majority stake in its two biggest ports /concede on VAT rates /some pension ref
#Greece Supreme Court to declare austerity cuts in pensions as unconstitutional, reports say. Ruling could completely derail fiscal position
Looks like some fruit and vegetables exports to Russia from Greece and Hungary could start as soon as early May https://twitter.com/RT_com/status/593690740322074624 …
#Greece FinMin Varoufakis says reform draft bill does not include measures beyond the 'red lines' http://www.stokokkino.gr/article/1000000000008403/G-Baroufakis-Oute-mia-spithami-apo-tis-kokkines-grammes-tis-kubernisis-to-polunomosxedio … ~@stokokkino1055
Deposit outflows from Greek banks slow in March, credit shrinks http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_29/04/2015_549564 … via @ekathimerini
The Greek Analyst retweeted
#Greece Cabinet meeting 1400 GMT over proposed austerity measures and reforms toward an agreement with the Institutions. | #euro
#Greece Min Interior Voutsis talks about "important bilateral deals" that might happen with Russia. Venezuela.
Then Mars. Andromeda.
Derek Gatopoulos retweeted
#Greece Econ Min Stathakis told @ALPHA_TV he expects an agreement with institutions incl financing before May 11 #eurogroup. #ec #ecb #imf
A positive outcome on negotiations w/ institutions is expected by May 3, acc 2 #Greece gov't sources (via @tovimagr). #politics #economy #ec
Greek 5yr default probability rises again as Moody's cuts #Greece's rating deeper into junk. http://reut.rs/1P7WpXn
Moody's: #Greece's Caa2 rating is historically associated w/ one in four probability of default over a 2yr horizon. https://www.moodys.com/research/Moodys-downgrades-Greeces-government-bond-rating-to-Caa2-from-Caa1--PR_323922 …
Derek Gatopoulos retweeted
Moody's estimates that #Greece's priv sector deposits fallen by €32bn (18% of GDP) since Dec2014 to €132bn at end-Apr
#Greece gov't considers selling a 51% stake in Piraeus and Thessaloniki Port Authorities - RTRS (via @euro2day_gr) #economy #ec #ecb #imf
Derek Gatopoulos retweeted
GPO poll for Mega TV
Remain in #euro "at all costs": 75.6%
No to referendum on deal with lenders: 61.9%
No to snap elections: 72.2%
#Greece
Peter Spiegel retweeted
Broader Europe and US ....
Youth unemployment data startles
Looks like some fruit and vegetables exports to Russia from Greece and Hungary could start as soon as early May
fred walton retweeted
Italy sees unemployment rise for March !
In Italian - Plan B involving replacing Tsipras being discused within EZ ?
#Spain's economy grows stronger than expected: GDP rises 0.9% in Q1 (0.7% in Q4 2014, consensus: 0.8%) ~@MarkitEconomics #euro
Spanish GDP. Still below 2008 levels.
WOW.... #SNB Q1 loss CHF 30bln; Q1 FX positions loss CHF 29.3bln; Q1 exchange rate losses CHF 41.1bln
FOMC downplayed importance of recent weak data & failing to provide change in their stance, even tho most think June hike is off the table
Apple Admits Watch Shortage Due To Defective Supply, Not Demand http://www.zerohedge.com/news/2015-04-29/apple-admits-watch-shortage-due-defective-supply-not-demand …
Asia ....
JPY strengthened after the BoJ refrained from additional easing
RBNZ left rates on hold while providing a more dovish than expected stance, weakening NZD
BREAKING: #BoJ retains plan for $JPY 80trl annual rise in monetary base, as expected; Kiuchi dissents again
USDJPY, Nikkei Tumble After Bank Of Japan Disappoints http://www.zerohedge.com/news/2015-04-30/usdjpy-nikkei-tumble-after-bank-japan-disappoints …
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