British PM David Cameron so far the only EU leader who's pledged for the EU-Turkey migration deal: http://openeurope.org.uk/daily-shakeup/eu-leaders-rush-to-agree-e3bn-migration-deal-with-turkey-as-merkel-to-explain-herself-to-german-public/ …
Austria to build mini-fence (3,7 kilometers) for 2 million Euros http://diepresse.com/home/politik/innenpolitik/4865554/Grenzsicherung_Die-Eckpunkte-der-Einigung … via
#EU dedicates millions to stopping flow of migrants, Ghanians would beg to differ http://dw.com/p/1H4lb
Western world has shut down its doors on Syrian refugees, President Erdoğan says http://sabahdai.ly/rQ4UYG
"What would happen if 2.2 million Syrian refugees walk into Europe?" the president asked.
Turkey, EU agree on refugee plan amid expectations of leaders’ consent - DIPLOMACY http://www.hurriyetdailynews.com/Default.aspx?PageID=238&NID=91086&NewsCatID=510 … via @HDNER
Key details below
According to the plan, Turkey will continue to provide shelter to refugees on its territory but will receive financial assistance from the EU. The deal also envisages the revitalization of Turkey’s accession talks by opening more chapters and providing visa-free travel to Turkish citizens to the Schengen zone. In return, Turkey will start to implement a readmission agreement for migrants.
Opinion: Germany needs to use both its heart and its head when tackling #refugeecrisis http://dw.com/p/1H4v4
‘10,000 refugees entered Norway in October - many crossing over Russian border’ (Op-Edge) http://on.rt.com/6w8j
#Portugal - Caretaker PM Passos Coelho suggests amending Constitution to allow for immediate snap election. http://www.jornaldenegocios.pt/economia/detalhe/passos_desafia_costa_a_aprovar_revisao_constitucional_para_antecipar_eleicoes.html …
Netherlands disappoints: Dutch 3Q GDP growth slows to 0.1% on quarter from 0.2% in Q2 way below BBG forecast of 0.4%
#ITaly | PRELIMINARY Q3 GDP Q/Q: 0.2% V 0.3%E; Y/Y: 0.9% V 1.0%E ...trend "growth"
Chart: Portugal's GDP disappoints -
Eurozone GDP day: German growth dips to 0.3% http://www.theguardian.com/business/live/2015/nov/13/eurozone-gdp-growth-figures-france-germany-greece-live#block-56458a75e4b0560d97993a2f …
ELSTAT releases Q3 GDP flash estimate and Sep Import Price Index in Industry. #Greece #economy #euro
#Finland | Sept GDP Indicator Y/Y: -2.6% v -2.1%
France economy grew by 0.3% in Q3. Growth boosted by internal demand, inventories but held back by net foreign trade.
Highlights include German and EU GDP, EU Trade Balance, UK Construction Output, US Retail Sales, PPI and Fed’s Mester
Global Commodity crunch on #China demand angst. Bloomberg Commodity Index drops to lowest level since 1999.
The push4legal #migration is vital says @HelenClarkUNDP at #VallettaSummit:http://ow.ly/UA5yG v @Guardian @UNDP
ECB Weidmann: Low inflation driven by energy; economy "not doing too badly." https://mninews.marketnews.com/content/update
Fear is mounting : Suez has moved its Spanish headquarters from Barcelona to Madrid last month.
Fitch sees: "increased tensions between the two governments and possible civil disruption in the region". https://www.thespainreport.com/articles/471-151112212544-fitch-downgrades-catalonia-to-junk-bond-status-because-of-separatist-declaration …
Fitch Downgrades Catalonia To Junk Bond Status Because Of Separatist Declaration https://www.thespainreport.com/articles/471-151112212544-fitch-downgrades-catalonia-to-junk-bond-status-because-of-separatist-declaration …
Spanish bank to close 26 branches, cut 187 jobs in Portugal. Spanish GDP likely to decelerate in Q4. Catalonia Cut to Junk by Fitch
Poland should wrap it as a toxic asset and sell it to Switzerland, no?
Good Morning on GDP Super Friday. Eurozone & 7 of its members will publish Q3 data that should show steady recovery.
Migrant crisis: European Council president Tusk warns Schengen on brink of collapse http://bit.ly/1PECrXM
RBS to Deepen Job Cuts at Investment Bank to Save $3 Billion http://bloom.bg/1MM91l4
#US Secretary of State John #Kerry to visit #Athens on Dec 4, discuss #Cyprus, energy, #refugees, report Greek media
#Greece 10-mon budget prim surplus at €4.52bln, €2.09bln above target. Budget deficit at €808mln, €2.07bln better than target (MoF) #economy
MoF and BoG requested from #ECB the lifting of capital controls applied on #Greece stock market (via @capitalgr) #economy #banking #markets
#Eurogroup Working Group via teleconference to be held on Sun, acc to #Greece Gov Council of Econ Policy. #ec #ecb
#Greece Government Council of Econ Policy says the target for completing negotiations & reaching an agreement by Sat is abs feasible. #ec
#Greece #Eurobank said aggregate reduction in capital shortfall due to LME stood at €721 mln. #economy #banking #markets #ecb
Greece’s 50 First Days Under the New Government Through the Numbers and Figures http://dlvr.it/CkF3JD #Greece
Orbán: The once proud Europe is now begging Turkey for safety, instead of protecting its borders. #VallettaSummit
Orbán: Hungary rejects the plan of transferring one million migrants from Turkey to Europe. #VallettaSummit
Striking Greeks take to tension-filled streets in austerity protest http://dlvr.it/Ck6pdK
Transport and public services come to a halt http://dlvr.it/Ck1yZp
Eurozone Industrial Production Drops 2nd Straight Month In September https://mninews.marketnews.com/content/emu-industrial-production-drops-2nd-straight-month-sep …
Draghi: We Are Not Short on Tools To Reach Our Inflation Targert
EU Insists on Joint Greek-Turkish Patrols in Aegean to Tackle Refugee Crisis http://dlvr.it/Ck19vZ #Greece
Draghi Says Greek Banks Probably Won’t Need Full €25B Aid
- That very scary moment when the President of ECB treats €25B with "probably"
#Japan | Data suggests recession is likely | Sept Conference Board Leading Eco Index M/M: -0.8% | Sept Tertiary Industry Index M/M: -0.4%
#UPDATE: Aung San Suu Kyi's opposition wins a parliamentary majority in a historic shift in power from the army http://u.afp.com/ZYiE
Asian equities traded lower in a continuation of the downbeat trend seen in the US yesterday with the S&P 500 now trading negative YTD
Goldman Says Only China Can Rescue Metals as Miners' Cuts Won't http://bloom.bg/1NOOj9C
Nikkei ends down 0.5% at 19596.91 w/ Yen strengthens vs Dollar as risk sentiment turned sour.
Suu Kyi's NLD officially wins super-majority. Let's suspend cynicism for a moment. The Burmese have spoken--and their voices were heard.
#Japan | SEPT FINAL INDUSTRIAL PRODUCTION M/M: 1.1% V 1.0% PRELIM; Y/Y: -0.8% V -0.9%
Mao money, Mao problems: China's cash machines ‘snub’ new hi-tech 100-yuan notes. http://ow.ly/UATvR #yuan #mao
Japan’s PM seeks to discuss peace treaty with Russian president at G20 summit http://tass.ru/en/world/836037
Shanghai Comp turns lower as Dr Copper, the metal w/ the PhD, signals econ uncertainty. Copper hits fresh 6y low.
#China | Iron and Steel Assoc (CISA): China Jan-Oct apparent steel consumption -5.7% y/y
China's Troubled Credit Swells to Sweden-Sized $628 Billion http://bloom.bg/1MFhWt9
Asia markets skid on de-risking. There is nervousness about "policy divergence" & disruptions that come with it.
Here Is The Biggest, And Most Underreported, Risk Facing China http://www.zerohedge.com/news/2015-11-12/here-biggest-and-most-underreported-risk-facing-china …
Japan Was Just Added To List Of "Partially Dangerous" Places For Tourists To Visit In The World http://www.zerohedge.com/news/2015-11-12
Bridgewater's Top 20 positions: it slashed its EM ETFs and AAPL http://www.zerohedge.com/news/2015-11-12/worlds-largest-hedge-fund-slashed-its-us-public-equity-holdings-31-third-quarter …