Wednesday, January 27, 2016

Economic News , Data & Views ( January 27 , 2016 ) Europe In Focus - 1. Refugee/ Economic Migration / Border Security In Focus. 2. Brexit Items. 3. UBER Fined 1.2 MN Euros In France . 4. Italian Banks In Focus - Bad Bank Deal Set. 5. EU Considers Sanction Against Libya Peace Spoilers ( Tripoli Leadership ). 6. CDU's Popularity Continues to Fall. 7. Spanish Politics- PSOE Under Pressure To Choose Partner For Formation Of Gov't. 8. Syria & Libya Peace Talks Hitting Snags. 9. Data Of the Day - EZ. 10. Odds & Ends. ) Asia Wrap ( China Items. 2. Japan Items. 3. Emerging Nations Items. Odds & Ends. )



Evening wrap....








Brazil mobilizes 220,000 troops to help fight Zika virus, with just weeks to go before Carnival celebrations









China Injects Another $50 Billion Liquidity As Mysterious Panic Buyer Reappears In Offshore Yuan








ABU DHABI TO BOOST OIL 
OUTPUT TO 3.5M B/D BY END-2017: ADNOC. Is this the balance that the Saudi guy was talking about?










Bad miss on Japan December retail numbers. Retail sales y/y -1.1% (est +0.2%, prior -1.0%) Retail sales m/m -0.2% (est +1.0%, prior -2.5%)


















US, Britain, France Ready Military Action In Libya As ISIS Closes In On Country's Oil









Europe Faces Another Million Refugees This Year, UN Report Says via









FOMC: "economic growth slowed late last year" - which explains the rate hike


























FED FUND FUTURES PRICE NEXT RATE HIKE IN 2H 2016







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FOMC: KEEPS POLICY RATE UNCH AT 0.25-0.5%, VOTE 10-0 FOMC:'CLOSELY MONITORING GLOBAL ECON,FINANCIAL DEVELOPMENTS'









": Top 5 Ways Putin has won big in Syria and why Europe is embracing him …"






- French unemployment rate rises 0.4% in December to new record of 3.59 million

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Stocks Storm Green, Oil Surges After Russia Says Will Discuss Production Cuts With OPEC


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ready to cut oil production if other producers agree

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It's crunchtime: Cameron & Juncker have reform talks Friday, days before conclusions due










faces massive backlash over 'despicable' and 'shameless' 'jewellery law'
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Low hopes as opposition sets new terms


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Based on current speed, transfer from and could be done by late 2017:
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Morning Report.......








Europe......









Cameron scraps Denmark-Sweden trip to visit Juncker in Brussels on Friday and discuss Brexit negotiations








Germany warns Russia against 'exploiting' teen 'rape' case









German govt cuts 2016 GDP growth forecast to 1.7% from 1.8% on lower export growth. BBG consensus see 1.8% for 2016.

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"Sometimes resisting means leaving" - French Justice Minister quits over terror row
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Appears as if UN is used to carry out the agendas of its UNSC permanent members, especially the US,UK,&FR in









Greece has "seriously neglected" obligations to control external borders, European Commission says in draft report











. " is not mixing future debt talks with efforts needed to tackle . Two separate things."











BRITISH PM CXLS TRIP TO SWEDEN, DENMARK FRI, INSTEAD WILL MEET JUNCKER IN BRUSSELS-SPOKESWMN...think I'd have preferred the pickled herring









Ride-booking service Uber has been ordered to pay €1.2 million to the National Taxi Union:
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Fact of offering guarantee - whether or not it ultimately returns a profit - is clearly state aid.









Britain's Unions sold out.










EU considers sanctions for peace ‘spoilers’
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BREAKING: UN envoy says changes possible to UN unity govt. plan. Previously said no changes permitted (AP).











Summary: Deadline for UN unity govt. expires tonight. Both existing governments reject plan in current form. EU considering sanctions











BANCO POPOLARE HALTED, LIMIT DOWN -4.4% FINMECCANICA HALTED, LIMIT DOWN -6.6% Time for bad stock price bank










Greek MigrationMin Mouzalas says Turkey has not yet accepted Greek proposal. 'More incentives needed for Turkey'.









Greek MigrationMin Mouzalas says proposes a rapid readmission plan from Aegean islands directly to Turkey within 24/48hrs of arrival









Another Bund auction failed. got €952mln bids for €1bn offer in Aug2046 Bund. Sold €806mln at 1.18%.

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poll [--Forsa]: CDU/CSU 36 -1 SPD 24 +1 Die Linke 10 Grüne 10 AfD 10 FDP 5 Merkel support: CDU voters 86% CSU 53%










| Socialist Sánchez under pressure to choose partner /via








Europe’s banks see €434 billion wiped off value in 6 months /via
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Over 50% refugees in Europe are economic migrants – top EU official

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Syrian dies waiting on social services in

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Tripoli-based parliament refuses demand by Tobruk-based (recognised) parliament to change UN government plan
















Determining the composition of a representative Opposition for the Peace Talks still a major stumbling block.










Military parade took place last night in after EU considers sanctions against some politicians
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justice min. Christiane Taubira resigns over law to strip terrorists of nationality

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Kurdish PYD won't be invited to on : French FM Fabius









Draghi Drives $1 Trillion of Euro Debt Below Deposit Rate: Chart via
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| Mortgage Statistics Total capital loaned...+16.2% ...sounds good
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| Dec Unemployment Rate: 9.2% v 8.2% prior

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Swedish police demand 4,100 more employees to keep it 'nice and quiet' after recent attack
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Asia/ Emerging Nations.....












Even with an alleged agreement by major shareholders not to sell - margin calls force selling anyway.














| Jan FGV Consumer Confidence: 67.9 v 75.2 prior

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Nikkei ends up 2.7% at 17163.92 while Yen strengthens.

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Good Morning from Berlin. Asia stock markets rise while oil slips BUT head for biggest 2d drop since Aug rout

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Yuan bears denounced as delusional, doomed by state media.

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stocks closed lower after another set of soft econ numbers BUT narrow losses in late trade rally.

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| *SHANGHAI COMPOSITE INDEX ERASES LOSS OF AS MUCH AS 4.1% ..."erases"

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