Monday, September 14, 2015

Economic News , Data And Views ( Evening Wrap - Monday September 14 , 2015 & Early Look Tuesday September 15th , 2015 ) Best Greece Updates For The Day ( Final Debate before the Snap Election on September 20th , Additional Snap Election related news / polling data ) ...... Asia Watch ( RBA Minutes , China in focus , Japan items ) ....... Refugee Situation updates ( Interior Ministers of EU 28 meet & related news of the day on the ongoing Refugee Crisis ! )



Tuesday Wrap.....


Just saying.....



Total leverage of Comex gold to registered physical rises again to a record 252:1









Refugee Situation....






Sadly , there is,a ring of truth to this. More bombing will mean more refugees take their chances.








Media shouldn't quote Lebanon minister who says 2% refugees are radicals entering EU. Same minister says he has 'no info' only 'gut feeling'





Interior Ministers set to meet in one week - September 22nd , to see whether further progress can be made.











During my consultations some leaders requested an extra on migration. I will continue consultations & announce my decision Thursday







Here we go.





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Turkish security forces stop hundreds of migrants near Greek border








trapped in Serbia as Hungary closes border, declares 'crisis'












More than 500 000 migrants detected at EU external borders in first 8 months of 2015.








Syria fund set up by EU so far only supported by Germany and Italy. Africa fund has so far had no donations by EU countries -







Europe......




Keep your eyes on polling following last night's debate to see whether any discernable trend becomes clear.







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DATA RC Poll
ND 27.1% SYRIZA 26.3 PASOK 5.7 GD 5.5 KKE 5.2 POTAMI 4.7 LAE 2.7 CU 2.6 ANEL 2.6 UNDECIDED 8.4





























Tuesday Early Look.....





Europe.....







Eurozone peripherals post highest Q2 employment growth rates: Ireland +0.9%; Spain +0.9%; Portugal 1.3%; Greece 1.2%



















Greek Elections: Leading Party Chiefs Debate Leaves Undecided Voters None the Wiser








DATA RC Poll

ND 27.1% SYRIZA 26.3 PASOK 5.7 GD 5.5 KKE 5.2 POTAMI 4.7 LAE 2.7 CU 2.6 ANEL 2.6 UNDECIDED 8.4







  1. Another ruling this a.m. allowing to deny benefits to job seekers. Could affect debate










Europe's leaders may be ready for a "ever-closer union", but the public isn't.









Asia......











On SOE reform, China's leaders consult an early proponent of a consolidated state sector- former Premier Zhu Rongji.













China's stock futures market, until recently the world's busiest, sees volumes plunge 99% since June on gov't curbs.










rout continues following Sunday's doom data. Shanghai Comp closes 3.5% lower at 3005.17, only a tad above 3k.













Markets in risk-off mood as Comp continues to drop. Nikkei manages to hold a small gain while Yen strengthens










Refugee situation.....








CZ Interior Minister Chovanec on why fail: "Impossible to stop refugees from moving within Schengen"










OPINION: Here’s the kicker: Hungarian journalist exposes Arab media hypocrisy, by









Syrian refugee count down in Lebanon, near 2M in Turkey










declares state of emergency on Serbian border, giving police & army new powers to tackle crisis ~








Chairman of the Joint Chiefs predicts refugee crisis will spark action to end war in -













UN voices deep disappointment at lack of EU consensus on migrants








12 minutes agoToll climbs to 22 from wreck between Turkey and Greece



























Estimated 464,000 have now crossed Mediterranean so far this year according to







Syrians on way 2 Bulgaria-Greece land borders not allowed by Turkish police in Istanbul yet to board buses.














Latest on migrants/refugees crisis: German minister says countries that refuse refugee quotas could lose EU funding











"One of the main routes used by refugees to reach the safety of the EU clanged shut early on Tuesday." Our report








Pushed back into the fire: The impoverished refugees in Jordan who feel compelled to return to the war zone in Syria.










Hungarian police say a record 9,380 migrants were captured crossing the Serbian border yesterday | Liveblog →
















































Monday Evening Wrap !






Greece........







for once politicians & voters are in sync: no party leader seems to want to be PM & voters don't want any of them as PM






Outcome of Tsipras/Meimarakis debate seems to be that Greece has no good options for leaders. No shocker there...





Greece's two biggest politicians say they can't work together








Metron Analysis - Ant1
SYRIZA 31.6 ND 31.6 G Dawn 7.2 KKE 6.2 Potami 5.9 PASOK 5.3 Centrist Union 3.9 Popular Unity 3.8 Ind Greeks 3





Greece would be much better off if it could collect the taxes owed by the self-employed








This is perhaps New Democracy's strongest argument ahead of Sunday's elections





one hour debate: Tsipras vs Meimarakis: 1-0. Not that Tsipras is better, it's just that Meimarakis is not good.









It's the final week of Greece election campaigning - and it's too close to call






Asia Watch......






Japan business mood sinks on China anxiety, weak demand: Reuters Tankan











RBA Minutes Showed that China Fears Kept Rate on Hold





Oops: RBA:EVENTUAL MINING INVEST CLD BE LOWER VS PREVIOUSLY FCAST




RBA:INTL ECON DEVELOPMENTS INCREASE DNSIDE RISK TO OUTLOOK





RBA:NEW INFO ON ECON, FINCL CONDITIONS TO GUIDE OUTLOOK





CHINA SHANGHAI COMPOSITE SET TO OPEN DOWN 2.3% TO 3,043.80






USDJPY Surges Ahead Of BoJ Statement, China Strengthens Yuan As Washington Folds On Cybersecurity Sanctions







China brokers' shares tumble after CSRC imposes fines: Shares of four of China's largest bro...









CHINA END-AUG. EQUITY FUNDS NET VALUE FALLS 44% ON MONTH: BBG





New agricultural agreements between , create opportunities,boost production









's economy eats metals for breakfast, lunch and dinner
























Refugee Situation.....





EU falls short of consensus on refugee quotas














No widespread agreement on dealing with crisis, says Avramopoulos




































leaders set to approve massive detention camps for 'irregular '












Hungary, Slovakia and Czech Republic block agreement on refugee quotas at EU Council meeting ~ZDF | Liveblog →












British PM Cameron reaffirmed support for Lebanon on Syrian refugee crisis (Xinhua Photo)












Why aren't Gulf nations taking in refugees?