Evening wrap.....
9-11 Oddity......
Other items of note.....
Morning Tweets.....
9- 11 & Overview......
Europe.....
Refugee Crisis ...
Economic & Political Items......
#ECB's Nouy: Greek Banks Weakened, Need To Be Recapitalized. Currently Assessing Status Of Greek Banks. (DJ)
#Germany's FinMin Schäuble: Concerned About Global Public, Private Liquidity Levels. Says "We Are Moving to the Next Bubble." (DJ)
Asia.....
9-11 Oddity......
You really get a better sense of the conditions prior to the tragedy by viewing the video.......
BREAKING UPDATE: #Makkah crane collapse death toll up to 87, 184 injured - officials http://on.rt.com/6r4g #Mecca
Other items of note.....
Moscovici: We [Eurozone] are ready to envisage a common base for taxation, then to move to consolidation http://www.irishtimes.com/business/work/moscovici-resolute-on-common-corporate-tax-base-1.2348986 …
Japanese stock life support drawn onto some question. B of J dry powder running out.
This probably guarantees depositors on the fence about trusting the GR Banks , keep their money elsewhere.
Hungarian prisoners rush to finish fence along Serbian border amid refugee crisis
http://on.rt.com/6r4d
Guantanamo of Europe should tell you all you need to know about treatment given to refugees..
35.5% of Greeks thought nobody performed best in TV debate, easily beating ratings of any of 7 leaders involved. Astute political commentary
Thousands take to Barcelona streets at Catalonia Day march to call for independence http://cort.as/WyEi
"They're Making Idiots Of Us!": Eastern Europe Furious At West For Doing Gas Deals With Russian Devils http://www.zerohedge.com/news/2015-09-11
Morning Tweets.....
9- 11 & Overview......
Frontrunning: September 11 http://www.zerohedge.com/news/2015-09-11/frontrunning-september-11 …
How my Polaroids of the Sept. 11 attacks led me into America's secret court system for terrorist suspects http://read.bi/1ERZyMb
What happened on 9/11, 14 years ago today http://read.bi/1K1B6Xo
Europe.....
Refugee Crisis ...
HUNGARY PM ORBAN SAYS THOSE MIGRANTS WHO CROSS BORDER ILLEGALLY WILL BE ARRESTED FROM NEXT WEEK
'I panicked': Hungarian camerawoman who kicked refugees says it was self-defence http://www.telegraph.co.uk/news/worldnews/europe/hungary/11857856/I-panicked-Hungarian-camerawoman-who-kicked-refugees-says-it-was-self-defence.html …
EU said nearing political accord to take in 160,000 refugees http://dlvr.it/C6yrwC
about time; obvious something as important as refugee crisis should be dealt with by leaders not interior ministers
IOM doubles estimate of Syrian migrants to Greece in 2015 http://dlvr.it/C6x6XP
Gov't delegation visits Lesvos as Athens mayor calls for action on migrants http://dlvr.it/C6wGRP
Economic & Political Items......
Catalans rally for independence from Spain http://bit.ly/1iC5C0X
Amid talk of post-election alliances, #Greece parties propose changes to bailout measures. http://www.macropolis.gr/?i=portal.en.politics.2924 … #politics
Italy to raise 2016 deficit-gdp forecast to at least 2% vs. 1.8%, also slightly increase current debt forecast of 130.9% - gvt source - RTRS
Exports jump 7% in south says ISTAT: Only Sicily and Sardinia down, by 2.9% http://bit.ly/1OihpO8
Leftist veteran Glezos calls on Greeks to vote either Popular Unity or for Communists http://dlvr.it/C6zTGQ
The debate bw (ND) #Meimarakis & (Syriza) #Tsipras can easily be a tie-breaker for either, i.e. why both are ambivalent about it until now.
On #Tsipras: now that he is officially status-quo, he'll have to defend bad choices while in office (econ, immigration, edu). Will be tough.
On #Meimarakis: after stale appearance on last debate & off-putting way of responding to Qs in yday's interview, he's his own biggest enemy.
It didn't take long for Germany to react to Juncker’s DGS plans (turning it down). @SpiegelPeter has the text here. http://blogs.ft.com/brusselsblog/2015/09/11/the-german-counter-attack-on-junckers-euro-plans/ …
Bank of #Russia keeps rates unch. Holds key Rate at 11% cites Increased Inflationary Risks.
Manos Giakoumis retweeted
MacroPolis
ProRata for @EFSYNTAKTON
SYRIZA 28.5
ND 23.5
G Dawn 6.5
KKE & PASOK 4.5
Potami 4
Cent Union 3.5
Pop Unity & Ind Grks 2.5
Undec 17.5
#Greece
Meimarakis calls again for ND alliance with SYRIZA http://dlvr.it/C6vQNl
New opinion poll by leftist newspaper gives SYRIZA clear lead over ND http://dlvr.it/C6sYkf
#Euro jumps above $1.13 as Fed Rate-Rise odds decline and investors continue to de-risk their portfolios.
Asia.....
Australia: down, under. FT Alphaville http://on.ft.com/1XSuaDj Is Australia an emerging market? No, but similar trouble
After 4 RRR cuts- PBoC loosens rules on how banks report daily reserve requirement ratio, to better manage liquidity http://uk.reuters.com/article/2015/09/11/china-economy-cenbank-idUKB9N11D01320150911 …
Chinese investment bank CICC says Beijing is set to roll out 1.5 trillion yuan of fiscal stimulus over next 3 years. http://en.people.cn/n/2015/0911/c90000-8948899.html …
Shanghai Comp ended nearly unchg at 3200.23 while Yuan fluctuates.
China's circuit breakers would have shut markets 10 days over past 3 months h/t @frostyhk http://www.bloomberg.com/news/articles/2015-09-10/china-traders-say-circuit-breakers-would-help-tame-volatility …
Offshore Yuan Set for Best Week Since March as Intervention Seen http://bloom.bg/1ihG7Co
Markets in lift-off limbo. Nikkei ends down 0.2% at 18264.22 while Yen continues to weaken a tad vs Dollar.
Brighter German Economic Prospects Trigger Overheating Alarm http://bloom.bg/1O3kCC7
State-owned China Resources chairman expelled from CPC for corruption, violating rules http://xhne.ws/LJJ56
China Fixes Yuan Stronger After Premier Li Says "No QE" Amid Record High, Surging Pork Prices http://www.zerohedge.com/news/2015-09
Presenting 3 Chinese "Endgame Scenarios" http://www.zerohedge.com/news/2015-09-10/presenting-3-chinese-endgame-scenarios …
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