Wednesday, April 13, 2016

Economic News , Data & Views ( April 13 , 2016 ) Overview For Wednesday ( 1.South Korea's Ruling Conservative Party Suffers Defeat In Parliament , Parliamentary Majority Lost. 2. Despite Goomy Outlook - DAX and US Stocks Rip Today ! 3. Schauble Taking On All Comers , Greece , IMF , ECB - "Bring It On" . 4. Commodity Items Of Note - Energy XXI Said To File For Chapter 11 Thursday , Peabody Files For Chapter 11 Wednesday , India Becoming Guzzler Of Oil As Demand Jumps , Expectations Dampened For Output Freeze Deal At Doha , EIA Crude Stocks +6.63 MLN - And More News. 5. Brazil Sees Impeachment Drive Drawing Closer - 320 Lawmakers Back Impeachment. 6. Syria Has Parliamentary Elections Today. 7. Libya News De Jour. 8. Brexit Items - Cameron Not Leaving If UK Votes To Leave. 9. Ukraine In Focus As Groisman Looks Likely To Take PM Post. )


Overview .......




Late Additions ......






JAPAN'S 40-YEAR YIELD FALLS TO RECORD 0.405%





big move: CHINA FIXES YUAN AT 6.4891 VS 6.4591





CHINA WEAKENS YUAN REFERENCE RATE MOST SINCE JAN. 7





South Korea







Polls suggest South Korea's ruling party has lost a majority. Disgruntled public, perhaps








WON DROPS 0.7% AS RULING PARTY HEAD RESIGNS FOLLOWING ELECTION









South Korea ruling conservatives suffer upset defeat in parliamentary vote: media







Markets / ECB / IMF







For the first time this year, the median global equity index is positive YTD. 50% of countries now up on the year.







Global Equities: returns in US dollars outpacing local currency with broad-based dollar decline thus far in 2016...






The S&P went from red for 2016 to new 2016 highs in 2 days








's Dax dismisses 's gloomy outlook and warnings. Jumps 2.7% and closes >10k for first time since Mar30.








World faces 'lost year' as policymakers sleepwalk towards fresh crisis, warns .








German FinMin Schäuble plays risky political games with the .








Brazil.....







Brazil is in the midst of a political crisis. Here's how to make sense of it all:








Brazil's leader loses another coalition partner before upcoming vote on her possible removal









BRAZIL’S LAWMAKERS BACKING IMPEACHMENT RISES TO 320: ESTADO. Only 22 more needed





Energy News.......






Energy XXI Said to Prepare Bankruptcy Filing as Soon as Thursday: BBG










Peabody’s Chapter 11 bankruptcy filing ranks among the largest in Commodities Sector since mid-2014 Comm slump began










CHART OF THE DAY: demand hits record high in March, with y-o-y growth of 600,000 b/d (à la )











Stunning Photos Of Huge Oil Supertanker Lines Forming "World's Biggest Traffic Jam"









RUSSIA'S ENERGY MINISTER TOLD BRIEFING THAT DOHA OIL OUTPUT FREEZE DEAL WILL BE LOOSELY-FRAMED WITH FEW DETAILED COMMITMENTS - TWO SOURCES









EIA Crude Oil Stocks +6.63 mln ... Anyone cares?







Syria.....





Syrian Army amasses 11,000 soldiers for the offensive










Syria holding Parliamentary Elections - Ceasefire continues to generally hold up.








Libya In Focus.....






























International community pledges $20 million in support of national unity government and stability in .







Outrage in as head of HoR insists MPs' 16,000 LYD monthly salary not excessive, says they should get 50,000 to avoid being bribed.






"Kobler has shifted himself from the head of UNSMIL to the ruler of Libya," Aqaliah Saleh indicated.









Major media: Tripoli-based government resigned and vacated Reality: GNC & Ghwail still in Tripoli, UN council holed up at navy base







Brexit Tidings.....
















Ukraine In Focus .....







Cameron says again he will stay as PM if Britain votes for Brexit








A coalition of Ukraine's two main parties says it has agreed to back parliamentary speaker Volodymyr Groysman as PM