Monday, November 30, 2015

Economic News , Data & Views ( November 30 , 2015 ) - Morning Highlights from Europe ( Refugee Crisis Items , Greece might get another lifeline - ESM Head Regling hints of extensions for Greece debt / Climate Summit Protests , Retail sales fall unexpectedly in France and Germany , Spain Election in dead heat with top three parties , ECB and Euro in focus as key meeting looms ) ....... Asia In Focus ( Thailand economy cratering as imports and exports fall sharply , Asian markets fall - yuan jumpy ahead of IMF decision on currency basket inclusion , China investigation of brokers still roiling Asia , Commodities still under pressure in China , Asia launches first home grown jet , Japan to resume whaling )



Europe......






| Oct PPI M/M: -0.4% v -0.2% prior; Y/Y: -2.0% v -1.7%



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Mkts price an depo rate cut to -35bp for this weeks meeting, now price even slightly more than -40bp into 2016.


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Sweden. Over 3% trend growth and the Riksbank looks set to ease as a response to the ECB. This world we live in.









| Q3 GDP Q/Q: 0.8% V 0.4%E; Y/Y: 3.9% V 3.4%E ...need moar negativer rates


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| *REGLING SEES POSSIBILITY FOR MORE GRACE PERIODS; GREEK DEBT MATURITIES COULD BE EXTENDED: KAUPPALEHTI









's 'dirty deal' with on draws flak from German press


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Whatever EU & Turkey agree, if people ready to cross sea with only fake life jackets for protection, little achieved



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: French police say 317 are in custody after Sunday's protests in Paris:
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Unexpectedly
























| *SPAIN BUDGET MINISTRY OPPOSES GOVT ABENGOA RESCUE: CONFIDENCIAL ...just stick it off balance sheet











Weekend poll shows Spain centrist newcomer Ciudadanos in 3-way tie with centre-right People's Party and Socialists ahead of Dec 20 election










This poll is different from the other two this weekend in that it awards Ciudadanos a much lower share of the vote.












US 2yr yields near 9-Year high to Bunds before , Jobs.
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Turkey and EU agree on deal to tackle refugee crisis | Today's Front Page


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Heads for Biggest Monthly Loss Since March on Outlook.


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Good morning from Berlin. Asia mkts fall as angst back after friday's drop. Yuan jumpy ahead of IMF decision.


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blasts ‘mercurial’ Turkish pilots & air defense budgets amid ground


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Macedonia finishes fence at Greek border









EU reaches $3bn deal with Turkey to curb refugee crisis


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MS expects to ramp up bal sheet by another €585bn in addition to €1.1tn announced in Jan15, reaching 40% of GDP


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As has an abysmal human rights record EU dumping refugees there will be a catastrophe











Morgan Stanley expects ice age. Sees Euro to drop to Dollar parity by end-2016 & to 0.96 Dollar by end-2017.


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Turkey's Trump Card: Erdogan Can Cut Russia's Syrian Supply Line By Closing Bosphorus












Asia......










Iron ore hammered as commodities rout deepens - business live







| Exports Y/Y: -8.0%; Imports Y/Y: -21.3%


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| *DJ Citic Securities: Suspected of Breaching Rules When Signing Margin Trade Contracts












| Lock-up shares w/est value of CNY46.8B to become tradable on Shanghai and Shenzhen bourses next week











| Dalian Iron Ore Futures breaks 300...
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Offshore Yuan jumps ahead of exp inclusion into currency basket. What you need to know.


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China's first home-grown commercial regional jet ARJ21 enters service





: Japan says to resume whaling, fleet sails to Antarctic Ocean Tuesday












Chinese Stocks Tumble As Yuan Drops To 3-Month Lows Ahead Of IMF SDR-Inclusion Decision






















Morgan Stanley expects for 2016 'No double-digit returns, for any asset class, anywhere in the world.'


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World currency order to change for 1st time in 16yrs when allowed into elite SDR club


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