Overview.....
Equities YTD (Local Currency)...
Brazil: +20%
Russia: +8%
US: +1.5%
Germany: -9%
China: -15%
Japan: -16%
Italy: -19%
At the February lows, Crude Oil was down 30% on the yr. Today: up 14%. Gasoline now leading all commodities YTD.
First time since July 30, 2014: Crude Oil closed above its 200-day moving avg. Longest downtrend in history ends.
US, Brent crude strike fresh ’16 highs amid hopes major oil producers will agree to a freeze http://on.ft.com/1qNF7tZ
Ryan says count me out for 2016...
Europe.....
Ukraine .....
Negotiable: Poroshenko breaks Groisman, Saakashvili makes an ultimatum, Yatsenyuk will not go away http://vesti.ru/t?2742364 #news #Russia
Cabinet talks still ongoing ??
Yatsenyuk's resignation was delayed: Groisman traded with ... -#Politics-#News--http://bit.ly/1SwG4MU
Radical party still hot on Poroshenko's case...
Looks like Groisman/ Groysman might just become Prime Minister after all.
Refugees ......
#US foreign assistance cuts to make refugee assistance 'nearly impossible' http://sptnkne.ws/bbrZ #RefugeeCrisis
Bono has a plan to tackle the refugee crisis http://ind.pn/1YsbvfV
Pledges often do not translate into action.
We cannot be satisfied w/results achieved so far.EU countries need to deliver http://europa.eu/!Up96hj #RefugeeCrisis
Yesterday 34 #refugees have been relocated to Finland, 615 in all from #Greece, says @NatashaBertaud #refugeecrisis
What is happening at the border between Italy & Austria is not the right solution," Avramopoulos told the Eur Parl
Scandals......
#UPDATE Police raid law firm in Panama Papers tax dodging scandal http://u.afp.com/ZBjo
EU cracks down on tax havens, targets 6,000 top multinational companies http://sabahdai.ly/pefoDn
Scandal-hit VW faces national outrage at mega-bonuses http://bit.ly/1oTCUv3
EUC will still put forward proposals this month granting visa-free travel to Ukrainians, despite Dutch "No" vote.
Merkel panders Erdogan in order to keep alive the controversial refugee exchange deal between the EU & Ankara.
The real takeaway here - ECB's OMT Program may be found legal , but also may never be operational due to Germany !
#Italy: +1.850 #refugees rescued off #Libya. The Mediterranean #migration route "well and truly open" acc @MSF_Sea
FYROM responds to Greek criticism of border crackdown with demarche http://dlvr.it/L2NWCh
Greece......
Greece has received initial interest from Italy for its railway operator TRAINOSE and expects three more suitors.
fred walton @fredwalton216
Athens has to find more than 5 BN euros ($5.7 billion) to meet its debts in June & another 5 BN euros in July.
#Greece seeks 1-year delay of €6.4bn privatization target: Greek Privatization Agency chief
First "deadline" missed, onwards to the next one. Stop me if you've heard this one before #Greece
Talks will resume April 18th-after the Spring Meetings between the International Monetary Fund & the World Bank
#Greece net private sector hirings of 29,351 in March, highest in last 15 years https://shar.es/1j7yl8 #economy
Spain......
LATEST: King Calls New Round Of Talks With Parties, Or New General Election https://www.thespainreport.com/articles/713-160412112851-king-calls-new-round-of-last-minute-talks-with-parties-or-a-new-general-election …
The state of the poll of polls in Spain. Via @Electograph. Rajoy apparently managing to wear the other three down.
After 20,000 military uniforms seized in Valencia is there an ISIS support network in Spain? http://cort.as/dxHa
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