Thursday, May 12, 2016

Economic News , Data & Views ( May 12 , 2016 ) Overview For Thursday ( 1. Market Moving News - Fed Reserve Chair Yellen Comments on NIRP , China's Big 4 Banks Cut Back On New Loans By 50 % , US Markets Daily Gyrations - Crude Oil Whipsaw Stocks Generally / Transports Specifically , Gold Back In Favor In Q1 , Global Oil Demand Surprises To Upside. 2. France Gov't Survives No Confidence Vote. 3. EU - Turkey Refugee Deal Unravels A Bit More Today . 4. Brexit News For Thursday. 5. Brazil In Focus - Life After Rousseff For Brazil. , Zika In Focus With Olympics Looming In Ninety Days )




Markets and Market moving news.........






YELLEN: WOULDN'T RULE OUT NEGATIVE RATES IN VERY ADVERSE CASE






YELLEN: MUST CONSIDER UNINTENDED CONSEQUENCES OF NEGATIVE RATES. When will the Fed consider unintended consequences of ZIRP and QE







The party is over: CHINA 4 BIG BANKS' APRIL NEW LOANS MORE THAN HALVED M/M: MNI















Demand Rises to Second-Highest Ever Quarterly on ETF Buying via








GLOBAL OIL DEMAND surprises on the upside:






France......













So-no confid vote of Opposition probably fails b/c Socialist Rebels won't vote 4 it-despite having sought own N.C.V?






Turkey - EU......




Another example of Erdogan's total disdain for the EU & European values-yet supposedly wants Turkey to join the EU.









UPDATE: Eight wounded in Istanbul bomb attack near military post: Governor







Both EU & Erdogan squared off on key EU demand that Turkey amend its anti-terror law. Erdogan clearly rejects this.








 




LIVE — Bozdağ: I condemn [main opposition CHP leader] Kılıçdaroğlu's comments ['You cannot bring presidential system without bloodshed']






Juncker said migrant deal between EU and Turkey would collapse unless Ankara fulfilled its commitments.








 

Volkan Bozkir - Turkey's next steps would be decided in line with instructions from President Tayyip Erdogan.












UK.........











BREXIT THE MOVIE IS HERE! WATCH ONLINE IN FULL: Themed segments and more information at









BoE issues Brexit warning...







Juncker is probably right there.







Except in a direct debate with Gove, Boris or millions of other Tory Leavers...






Brazil ........





The fate of Brazil’s democracy depends on a man you’ve never heard of.








Brazil's Dilma Rousseff faces an impeachment trial. Here are 5 questions you asked, answered








The question Brazil's markets are asking now: What will life be like after Dilma?







This Study is separate from the Commentary published in the Harvard Public Health Review.








A must read calling for Brazil to cancel Olympics because of Zika virus.