Markets & Market Moving News....
What a difference a month makes - gold has fallen 6% in May http://bloom.bg/25oWtzk
Goldman: Yellen Remarks Consistent with High Probability of June/July Hike
"Fed forecasting": here is the Fed's dot plot less than 6 months ago - 4 rate hikes in 2016.
Why Stocks Keep Rising Despite Another Rate Hike On The Horizon: One Explanation http://www.zerohedge.com/news/2016-05-27/why-stocks-keep-rising-despite-another-rate-hike-horizon-one-explanation …
two weeks later, confirmed by NNPC on @PlattsOil, quoting prodn at 1.1 myn b/d including condensate. even worse.
#Russia sees no decision at Opec meeting next week, Russian oil minister Novak says. Oil prices drop.
#Onebillionbarrels oversupply #oil in storage. Where, what products, storage type, price recovery impact? Ask #IHS
Other G-7 leaders don't seem to be buying Japan's warning on the risk of an economic crisis http://bloom.bg/1WQ2mjP
Central Banks can't go it alone anymore. https://www.bloomberg.com/view/articles/2016-05-27/central-banks-can-t-go-it-alone-anymore …
#SaudiArabia and #Iran drive #OPEC oil production to 8-year high, output from other members volatile: @UBS @staunovo
Lira weakens vs Dollar as Foreign tourist arrivals to #Turkey have dropped by 28% in Apr. Biggest decline on record.
#G7 pact offers minimal cover for #Abenomics reset. http://www.breakingviews.com/21249237.article?h=edf3a103a92d2c1740973e5de0167565&s=2 …
"At 11:45pm on Thursday @NDAvengers blew up other #NNPC Gas and Crude trunkline close to Warri"
10y German Bund yields have decoupled form rising #oil price. Now either oil price must fall or yields have to rise.
Libya......
Mrajaa Ghaith: We are approaching the month of Ramadan, and we wanted to ease the hardship of the people
#Newsroom
Mrajaa Ghaith: The decision [to print currency in Russia] was made before the Tunis meeting and approved by 4 of 7 board members
#Newsroom
Mrajaa Ghaith: The problem we have is liquidity and the decision to print currency did not come as a result of the Tunis meeting
#Newsroom
GNA reverses field on Bayda currency issuance - no longer counterfeit , at least for now.
Most of this has come quite recently , say in the past week....
NATO spokesman says there are no plans to carry out unilateral military action in Libya
Sanctions threat made regarding General Haftar....
UK willing to do more , France and Germany - not so sure....
Something not quite right with all of this ....
PC decides it will now accept the east's new "Russian" banknotes - https://www.libyaherald.com/2016/05/26/pc-decides-it-will-now-accept-the-easts-new-russian-banknotes/ …
ISIS War - Iraq & Syria.....
FWIW - timeframe for US to see ISIS defeated in Mosul & Raqqa could be before US Election in November !
Warren says Russia operating more in the west of Syria, not done much in Raqqa and not been a problem for coalition to operate there
Total coalition airstrikes in Iraq and Syria: 12,508.
US responsible for 68% of strikes in Syria, and 94% in Iraq.
Robert Fisk: Why the US is finally dropping its calls for Assad to go http://www.independent.co.uk/voices/the-us-is-dropping-its-calls-for-assad-to-go-the-syrian-regime-is-a-better-bet-than-isis-a7050261.html …
ISIS took many villages in #Azaz pocket by surprise due to sleeper cells, who suddenly took over villages & let ISIS in from East side.
Some people in #Azaz now scared ISIS has sleeper cells inside &will take their town same way. Some believe rebels strong enough to defend.
Coalition planes now over #Azaz pocket attacking ISIS position. I heard sound of 2 explosions over phone as I spoke to my source on ground
Great map ....
ISIS really making major move.
If Iraqis fear executions by increasingly desperate ISIS , you probably will see more than the estimate of 50,000.
BREAKING: We are evacuating team & patients from our Al Salamah hospital in north #Syria after IS offensive in #Azaz. #NotATarget
#SYRIA: Journalist Maamun al-Khateeb from Azaz tells @AFP IS cut Azaz-Marea route, leaving 15k trapped in Marea alone. "This is a disaster."
SDF field commander Hawkar Kobane- “U.S. forces are taking part in this [Raqqa] operation” alongside his own troops
LATEST — It is not acceptable for US soldiers to wear YPG terrorist arm badges; this is double standards, two faced, FM Çavuşoğlu says
So much for the thought of no US boots on the ground in Syria....
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