Thursday, May 21, 2015

Economic News and Views ( Early Morning Edition - May 21 , 2015 ) - Broader Asia and Early Morning Europe Items Of Note .....


Tweets.....

Alway more during the day at blog tweet feed !

Broader Europe and Asia ....





German miss on PMIs !









Glass half full: French manufacturing PMI hits 12-month high 49.3 in May Glass half empty: French manufacturing shrinks 12 months in a row






Flash Comp Output Index at 51.0 in May (Apr:50.6). Services Activity: 61.6 (Apr:51.4). Mfg : 49.3 (48.0)









German Bunds start higher to the day. Bund Future slightly up, 10yr yield at 0.615%











Fewer Jobs for Rajoy’s Tribe Signals Leadership Tensions via




  retweeted

| Customs Agency: South Korea May 1-20 exports -7.6% y/y, imports -9.6% y/y ...canaries everywhere











| HSBC Mfg PMI new export orders sank to 23 month low of 46.8




Goldin losses wipe $25bn off market cap






US flies spy jet over South China Sea






factory gauge contracts for the 3rd month. Markets cheer econ data as goldilock-ish.
















Budget Crunch Shows No Quick End to Economic Pain





Govt to reimburse '10-40% of pensions': Low-income retirees to get more of their money back






































"Airbus sees no reason to leave if Britain quits EU" Airbus's chief executive





I sleep less, Im tired. I sleep more, Im tired. Life is impossible.





Greece.......











Scenarios for in one chart. (via Barclays)












Light headed move! Lots of skeletons may fall out of that closet..
























debt redemptions (incl payments to the ) at €13.1 bln from May 1 - Dec 31, 2015. Int payments at €3.1 bln.




officials rule out extraordinary on next week (via and SKAI TV).






Small cap increase reflects low levels of deposit outflows. ELA cash buffer at €3 bln.






Finance Minister Schaeuble says he does not rule out bankruptcy.....saga continues!!!!






Alexis Tsipras and Angela Merkel will discuss the Greek debt crisis tomorrow night, via





  • Alexis Tsipras and Angela Merkel will discuss the Greek debt crisis tomorrow night, via