Evening Wrap - across the globe !
Mideast stocks see biggest declines as foreign traders flee http://bit.ly/232NAb7
Shanghai Composite Opens Under 3,000 As Onshore Yuan Practically Unchanged For Fourth Day http://www.zerohedge.com/news/2016-01-14/shanghai-composite-opens-under-3000-onshore-yuan-practically-unchanged-fourth-day …
BREAKING: Confusion Abounds as Police Claim to Have ‘Incapacitated’ Attackers http://jglo.be/j4kS via thejakartaglobe
Indonesia 'chasing terror cells' http://bbc.in/1TYW39d
Alberta Freezes Government Salaries As Canada's Oil Patch Enters Second Year Of Recession http://www.zerohedge.com/news/2016-01-14/alberta-freezes-government-salaries-canadas-oil-patch-enters-second-year-recession …
Turkey 'acting illegally' over Syria refugees http://bbc.in/1TYXVih
Lowest Ever: The Baltic Dry Index Plunges To 394 As Global Trade Grinds To A Standstill http://deflation.market/lowest-ever-the-baltic-dry-index-plunges-to-394-as-global-trade-grinds-to-a-standstill/ … #TFB
CHINA SETS YUAN CENTRAL PARITY AT 6.5637 FRI VS 6.5616
EU extends Iran sanctions freeze by extra two weeks http://f24.my/1Q9mcTw
#Commodities Watch: BHP Billiton Flags $4.9bn Writedown on US #Oil Shale http://bloom.bg/1RouW9A via @david_stringer
CHINA PLANS TO RAISE IMPORT TAX ON E-COMMERCE BY 30%-50%: DAILY
Nouri Abusahmain says action taken against GNC members who supported dialogue process, salaries cut off in October
Great article regarding valuation for a potential Aramco float.
Major oil pipeline hit by blast south of Libya's Ras Lanuf terminal: NOC http://reut.rs/1TXW65g
Measures fail to raise takings http://dlvr.it/DGzn7M
IMF to remain part of bailout program, Greece told http://dlvr.it/DGzvwp
Attacks against Merkel's refugee policy coming not just from far right groups-but from Constitutional Law scholars.
Cologne incident dings support for CDU&CSU. Criminal complaints rise to 652-more than half being sexual in nature.
LATEST: Esquerra leader Oriol Junqueras now in charge of 1/5 of Spanish GDP. https://www.thespainreport.com/articles/583-160114170935-new-catalan-government-swears-allegiance-to-catalonia-as-junqueras-readies-for-first-budget …
LATEST: New Catalan Government Swears Allegiance To Catalonia https://www.thespainreport.com/articles/583-160114170935-new-catalan-government-swears-allegiance-to-catalonia-as-junqueras-readies-for-first-budget …
CATALONIA: And Raul Romeva becomes region's first Foreign Affairs Councillor. https://www.thespainreport.com/articles/583-160114170935-new-catalan-government-swears-allegiance-to-catalonia-as-junqueras-readies-for-first-budget …
Very interesting to observe market action from Gulf Bourses.
GLENCORE IN TALKS WITH LENDERS ON $8.45 BILLION REFINANCING - good luck stripping covenants
For those wondering why western Canada has sudden angst these days...
Bavarian official sends bus full of refugees to Chancellor Merkel http://bit.ly/1Wazr79
China's PBoC is said to plan a modest depreciation in the CNY this year, according to sources http://www.wsj.com/articles/chinas-pboc-giving-mixed-signals-on-yuan-plans-1452773923?mod=wsj_nview_latest …
Mitsotakis: ND will not back coalition's pension reforms, party will present its own proposals #greece
ECB MINUTES: 10 BPS DEPO RATE CUT SEEN LEAVING ROOM TO ACT; SOME MEMBERS CALLED FOR 20 BPS CUT AT DEC MEETING
#Libya Deadline for forming UN-brokered government national accord is Saturday. UN hosts Rome conf. Monday. Neither parliament supports.
PEUGEOT SHARES DROP AS MUCH AS 9.6% IN PARIS .
Soldiers and armoured tanks have rolled into streets throughout Jakarta as the city following the deadly attack
LIVE: Six dead in serial explosions in Jakarta; suicide bombers, gunmen spotted - The Hindu http://gettopical.com/reuters/fbd01dadc77ef9bf17c33140987ec3cb?src=twitter … via @TheHindu
A man with a gun appears to aim his weapon towards crowds of people in Thamrin Street in Jakarta #PrayForJakarta
Multiples explosions have rocked a downtown area of Jakarta ISIS claims responsibility for attacks. #Pray4Jakarta
At least 3 police officers & 3 civilians were killed in blasts at a Starbucks cafe, the Sarinah mall, & UN offices
Global sell-off continues. Nikkei ends down 2.7% at 17240.95 but way off the lows. Dropped briefly below 17k.
'Difficult issues' remain in Brexit talks, European Commission says. @AFP's latest from Brussels http://www.globalpost.com/article/6719727/2016/01/14/brexit-negotiations-still-face-difficulties-european-commission …
#Istanbul: bomber confirmed as #Saudi, suspected member of #IS, entered #Turkey as refugee http://youtu.be/6gm_4bYVruA
Deputy Speaker: "I don't care if they have dreadlocks. But I want them clean so that they don't give me fleas".
GERMAN CARMAKER STOCKS EXTEND LOSSES IN RENAULT’S WAKE
RENAULT OFFICIAL DECLINES TO COMMENT ON REPORT OF FRAUD RAID ON ITS OFFICES LAST WEEK
NEWSFLASH: Renault Shares Drop 20% After Report Of Fraud Raid
IBEX 35 down more than 2% this morning:
EDITORIAL: The Circus Parliament https://www.thespainreport.com/articles/582-160114112005
#Sweden | Literally retarded .... *SWEDBANK SEES RIKSBANK RATE CUT TO -0.5% IN FEB.
Germany deporting up to 200 refugees daily to Austria http://bit.ly/1Zwx9oa
#Euro jumps on report that #ECB wary of further action despite uncertain future. http://uk.reuters.com/article/uk-ecb-policy-qe-exclusive-idUKKCN0US0V220160114?type=GCA-ForeignExchange …
#Russia | *RUSSIAN DEC. NEW CAR, LCV SALES DOWN 45.7% Y/Y; EST. -47% ...better than feared!
#Russia's default probability jumps as oil prices hovering around $30/bbl.
#Italy | Industrial production...
#Japanification of the #Eurozone on course. German Bund yields follow the Japanese experience of the 1990s.
#Sweden | Dec Average House Prices: SEK 2.677M v 2.489M..a record..going to need more negativerer rates
#Germany's Dax starts lower despite a rebound in #China stock market. Shanghai Comp closed 2% higher.
#ECB | *ECB SAYS BANKS DEPOSITED EU231.7 BLN WITH IT OVERNIGHT
#Finland | Dec CPI M/M: -0.1% v +0.1%e; Y/Y: -0.2% v 0.0%e
#Germany | DEC WHOLESALE SALES M/M: -0.8% V -0.2% PRIOR; Y/Y: -1.0% V -1.1%
Emerging Nations / Asia .....
BREAKING:ISIS claims responsibility for #JakartaAttacks targeting foreigners&security forces http://on.rt.com/71qk
Breaking News: Jakarta police chief says Islamic State ‘definitely’ behind attack. More: http://reut.rs/1JM8GUG
"The Starbucks cafe windows are blown out. I see three dead people on the road." http://bit.ly/1OsyeCQ
HKD drops to 5-year low 7.7810 ... Everybody needs USD!
#SouthAfrica | GOVT MUST INTERVENE TO RESTORE ECO GROWTH: RADEBE *PRESENT ENVIRONMENT TO LAST MORE THAN JUST A FEW YRS #CrumblingBRICs
#Japan | Studying whether to use FX reserves to offset shortfalls in tax revs due to sales tax hike exemptions next year-Nikkei
Indonesia Central Bank cuts rate 25bps to 7.25%
#Japan | Yield curve almost negative out 5Y...
Longest losing streaks for Brent crude. Recent eight session run is up there
#Japan | DEC PPI M/M: -0.3% (7th straight decline) V -0.4%E; Y/Y: -3.4% (9th straight decline) V -3.5%E
#Japan | 10Y JGB yield fell to a record low of 0.19% earlier...
#China yuan slips amid global gloom.
A-Share rebounds so nicely?? Only 2 possibilities: 1./ PPT is buying! 2./ Somebody knew PBoC will pop out this evening. Amen
#Indonesia stocks plunge and Rupiah weakens on news of Jakarta Explosion.
#China stocks threaten to breach Aug rout low as regulator statements fail to ease panic. http://reut.rs/1Q6VN99
Good Morning from Berlin. Global sell-off continues w/ China looking set to test lows hit during last summer's crash