Asia Update - Early Friday Morning .......
CHINA SETS YUAN CENTRAL PARITY AT 6.5516 FRI VS 6.5528
CHINA PBOC INJECTS NET CNY690 BLN THIS WEEK
Bill financing fraud is en vogue in China- Citic Bank the latest, $152m "risk incident" after AgBank's $578m oopsie. http://www.bloomberg.com/news/articles/2016-01-28/china-citic-bank-said-to-uncover-152-million-bill-finance-fraud …
Here Is The Reason For January's Selloff: Chinese Capital Outflows Soar To Second Highest Ever http://www.zerohedge.com/news/2016-01-28/here-reason-januarys-selloff-chinese-capital-outflows-soar-second-highest-ever …
Ouch! #Amazon shares tumble 10% as profits fall short of expectations.
Caterpillar Q4 Sales Miss, Tumble 23%; Guidance Obliterated http://www.zerohedge.com/news/2016-01-28/caterpillar-q4-sales-miss-tumble-23-guidance-obliterated …
Big miss today.
This Trend Is Not Your Friend - Initial Jobless Claims Average Surges To 10-Month Highs http://www.zerohedge.com/news/2016-01-28/trend-not-your-friend-initial-jobless-claims-average-surges-10-month-highs …
WHO sees 3-4 million cases of Zika virus, role in birth defects http://reut.rs/1JHXyZj
Breaking News: The Zika virus is “spreading explosively” in the Americas, world health officials say
"This mosquito can go all the way up to Washington DC" - Global health law expert Lawrence Gostin tells me @bbcworld #zikavirus
MENA News ......
Opposition scuppers Syria peace talks over ‘unconvincing’ answers http://bit.ly/1lYgtnb
KDP’s Mosul man says military plans for #Mosul liberation have been drawn http://rudaw.net/NewsDetails.aspx?pageid=190138 …
A divided Syrian opposition in complete disarray is exactly the kind of opposition Russia wants to present http://www.mei.edu/content/article/russia%E2%80%99s-military-campaign-syria-contradicts-push-geneva-compromise …
"The proposal did not come directly from Saudi Arabia but rather from OPEC members Venezuela + Algeria": Gulf source
Saudis have said they won’t act as balance for global oil market, are preparing for lower prices for longer: Macquarie
Layers upon layers of thorny, foundational issues to work through , before substantive Talks can begin.
As Syrian civilians starved to death, U.N. officials let Damascus alter its Humanitarian Response Plan. http://atfp.co/1QuVD9F
Analyses omit key facts:
-key power brokers[militias]have been excluded -delegates agreed to GNA,not the HOR/GNC
So much for that story. OPEC denies plan for any Meeting with Russia , but short squeeze successfully played.
Russian Energy Minister suggesting a cut of up to 5% for each country could be on the table at the meeting with OPEC and non-OPEC countries
Italian Defense Min: We are working w/ US, France & Britain to gather info and develop possible plans against #ISIS
Netherlands plans to send refugees in Greece back to Turkey http://sabahdai.ly/9FsKi0
Danish police accused of manipulating rape statistics to hide ‘hundreds’ of cases http://on.rt.com/7307
David Cameron closing in on deal for brake on benefits for EU migrants http://trib.al/PSED6Ui
Finland expects to expel 20,000 failed asylum seekers, interior ministry says http://u.afp.com/ZmEc
German coalition reaches deal on new asylum laws, says deputy chancellor http://dw.com/p/1HlRH #refugees
#Euro jumps to $1.0962 after hawkish Buba's Weidmann comments. Warns #ECB not to go too far with govt bond purchases
BREAKING: European man, 28, arrested at Disnyeland Paris; his bag contained guns and copy of Koran: Police source
It turns out Sweden also has laws to take money from refugees for food and board. http://www.thelocal.se/20160128/sweden-has-similar-rules-to-shamed-denmark-bill …
@v5m1000 @drubald @YiannisMouzakis @StevePeers @KKarkagiannis Excellent primer regarding Schengen provisions
GERMANY JAN PREL. HICP +0.4% Y/Y, -0.9% M/M, DEC +0.2% Y/Y
ZLOTY SURPASSES RUBLE AS EUROPE’S WORST CURRENCY OF 2016
Norway's rules 'stricter' than Denmark's controversial bill http://www.thelocal.no/20160128/norways-rules-stricter-than-denmarks-controversial-bill … via @TheLocalNorway
Note German laws much more strict on confiscation than Denmark's new law.
Italy claims Google has evaded around €300 million in taxes http://on.wsj.com/1PHe5yQ
#Russia | Gold and Forex Reserve w/e Jan 22nd: $369.3B v $368.3B
A number of important Italian Banks halted limit down.
EU proposal on UK deal expected next week, Tusk to meet Cameron in London on Sunday. @AFP's latest http://news.yahoo.com/eus-tusk-meet-
Deutsche Bank records full year loss of €6.8bn http://www.cityam.com/233287/deutsche-bank-records-full-year-loss-of-eur68bn-more-than-forecast- … via @CityAM
Another day, another attack at one of Sweden's centres for unaccompanied refugee youth http://www.thelocal.se/20160128/staff-at-asylum-centre-attacked-by-rioting-youth …
Tsipras from Tel Aviv: Greece will Be Fully Prepared to Deal with Refugee Crisis in February http://dlvr.it/KLHQzH #Greece
#Spain | Q4 UNEMPLOYMENT RATE: 20.9% V 21.2%E ...rajoyce
#Spain | Retail sales miracle
Morning Note: 1. Deutsche Bank IB posts loss. 2. UK 4Q GDP ahead. 3. Door closing on March hike?
All 6 ex-brokers are cleared at Libor trial in London http://www.bloomberg.com/news/articles/2016-01-28/icap-s-darrell-read-acquitted-in-london-libor-trial …