Wednesday, September 30, 2015

Economic News , Data &Views ( September 30 , 2015 ) - Refugee Crisis Updates ( Anxiety in Germany , Pledges of Financial Aid from Japan and GCC , Different views from around Europe touching upon the crisis ) ...... Quarter 3 Ends - Financial Turmoil To continue ( Financial Markets - Asia & Europe - Data and News Moving the Markets )


Morning Tweets......




Refugee Crisis......






SLOVAK GOVERNMENT AGREES TO TAKE LEGAL ACTION AGAINST EU QUOTAS FOR DISTRIBUTING ASYLUM SEEKERS-RTRS

















Germany Struggling To Ward Off Panic Over Migrant Crisis. Read more:










Japan pledges $1.5bn to migrant crisis







Don’t waste money on reaching unless you need refuge








Gulf states pledge US$1.8b for UN humanitarian refugee response








Gulf states, G7 pledge $1.8 bln in refugee aid:












Shinzo Abe said Japan would triple its aid to address the refugee crisis in the Middle East.








Migrant crisis threatens Europe’s stability, Hungary leader warns










A Failed European Response to Migrant Crisis Will Hurt Transatlantic Ties










EU must choose to help instead of tightening border controls - PACE








Berlin tries to reassure German voters that it can handle the migrant crisis












Many countries represented here do not allow migrants & refugees to enter at all. The demands global solidarity.






On Federica Mogherini discusses the refugee crisis, ISIL and the war in Syria










This graphic shows the astonishing scale of Syria’s refugee crisis










Why migration hardliners may force Europe to resolve the refugee crisis







Financial Markets - Asia & Europe - Data and News Moving the Markets ....









An internal European assessment obtained by POLITICO shows talks stalled on key issues DC too focused on








"There are almost 500,000 people who have left [Portugal] since 2011" (Population: 10.5m):











In case you missed it: 's Nikkei closes up 2.7% at 17388.15, erases 3Q loss to 14%.









French public debt rose to 97.6% of GDP in Q2, up from 95.4% in Q2 2014






French Household Consumption +0% in August. QE is working.





Eurozone faces slipping back into : Sep CPI likely to have fallen back into neg territory. (via BBG)










| AUG PPI M/M: -0.7% V -0.2% PRIOR; Y/Y: -3.6% V -3.0%












| AUG PPI M/M: -0.5% V -0.2% PRIOR; Y/Y: -1.5% V -1.1%












| AUG PPI M/M: -0.9% V -0.1% PRIOR; Y/Y: -2.1% V -1.6%







German inflation is once again negative. After six months of QE, we are back to where we started -








ELSTAT releases Jul Retail Trade and Aug Producer Price Index in Industry.




















FMs discuss cooperation, exchange opinions on global issues













Global stock markets eye worst quarter since 2011 over fears for global economy. 's Dax down almost 14% QTD.







| Finance Minister English: Very concerned about the housing market and the possibility of a crash












| As of Sept 29th, total margin debt CNY921B v CNY929B d/d (lowest since Dec 8th 2014)











| AUG PRIVATE SECTOR CREDIT M/M: 0.6% V 0.5%E; Y/Y: 6.3% (6Y high) V 6.2%E










| China shipbuilders Jan-Aug new orders -68% y/y - China Daily









| AUG PRELIMINARY INDUSTRIAL PRODUCTION M/M: -0.5% (3rd straight decline) V 1.0%E; Y/Y: 0.2% v 0.8%E













Risk on is name of the game in Asia as FX risk barometer AUDJPY highlights.











Good morning from Berlin. Markets calm down particularly visible in credit mkts. Risk barometer iTraxx lowers.











Global 'Wealth' Destruction - World Market Cap Plunges $13 Trillion To 2 Year Lows









China Regulator Imposes Record Fines in Market Rout Clampdown









| UnionPay: China to cap annual withdrawals for its users to CNY50K from Oct to Dec; 2016 will have a cap of CNY100K - Shanghai Daily




















Peak Japaganda: Advisers Call For More QE (But Admit Failure Of QE); China's Yuan Hits 3-Week High








Volkswagen sold 393,648 vehicles with 'cheat' software in Belgium: importer



















China:Fmr PBoC member says to stop intervention. Rise in corp debt-to-GDP most serious threat









| ECO MIN GABRIEL SAYS NO GREAT THREAT TO NATIONAL ECONOMY IF VOLKSWAGEN CLEARS UP EMISSIONS SCANDAL PROMPTLY.."clears up emssns"











Glencore seeks to reassure, says remains operationally & financially robust









  Retweeted

Emerging market net bond issuance now at its lowest since the financial crisis, ex-China. From Nomura:







| Trafigura feeling the pain too...











| *SPAIN'S BUDGET DEFICIT AT 27.3 BILLION EUROS JAN-AUG. ...things that make you go hmmmm