Thursday, July 14, 2016

Economic News , Data & News -- July 14 , 2016..... Quick Hits -- A ) Special Update- Nice Terror Attack - Bastille Day Horror. 1. UK Politics - PM May Fills Out Her Gov't - Who's In The Gov't , Who's Moving On , Pertinent News Of The Day Regarding The Way Forward For The UK . 2. US Data Today - PPI & Jobless Claims . 3. Odds & Ends.

Special Update.....Bastille Day Attack - Terror....

Black smoke not related to the attack - but it's apropos

BREAKING: Black smoke over – reports

ISIS unofficial channels circulating posters celebrating attack, also showing Eiffel Tower on fire.

: arriving shortly at crisis cell in Paris to join PM Valls. Interior Minister Cazeneuve heading to Nice.

British PM briefed on 'terrible incident' in Nice: Downing St

What we know....Second ID found in truck cabin , as well.....

-Driver from -80 dead - extends state of emergency

BREAKING: Truck that hit crowd in Nice, France, carried guns and grenades

73, as yet

Latest status for Nice..... keep the people of Nice in your thoughts & prayers....

FIFTY feared dead in Nice, reports of gunfire exchange between police and suspects

: Up to 50 people dead in bastille day attack in nice – (GRAPHIC PHOTOS)

Pictures from Nice. Unreal.

Horrendous scenes again from France 🇫🇷 - when will this stop! RIP

And just today , President Hollande announced the State of Emergency was to be lifted on July 26th ...

Horrible day....

Dutch woman who allegedly witnessed , tweets: "heard so much shooting" & "saw tens dead and/or wounded".

UK Politics , May Cabinet Reshuffle , Post Brexit News & Views....

EU Council President Donald Tusk: "We cannot let Britain profit from Brexit, as that would be lethal for the EU".

As I predicted during referendum, Germany now publishes white paper calling for more EU military co-op + steps that "could" lead to EU army

Fed’s Lockhart: 'Brexit' raises long-term uncertainty but not a Lehman moment

London house prices are set to suffer severe blows in the wake of Brexit

'There will be no further ministerial appointments this evening', Downing Street confirms

Priti Patel - Secretary of State for International Development

Key changes to British Cabinet below

LATEST: Brexit campaigner Priti Patel put in charge of foreign aid spending

Andrea Leadsom will be in charge of UK fisherman getting their fishing stocks back, ending CAP. Bob Geldof unavailable for comment

2 part Brexit plan - A) devise negotiating strategy to trigger Article 50 no later than Christmas.1

Pound surges to highest in 2 weeks after Bank of England unexpectedly holds rate


10y Gilt yields jump as BoE votes 8-1 to keep rate at 0.5%; Only Vlieghe wanted 25bps cut.

US Data.....

US PPI Ex-Food and Energy (MoM) Jun: 0.40% (est 0.10%; prev 0.30%) - PPI Ex-Food and Energy (YoY) Jun: 1.30% (est 1.00%; prev 1.20%)

US Initial Jobless Claims (WoW) Jul-09: 254K (est 265K; prev 254K) - Continuing Claims (WoW) Jul-02: 2.149M (est 2.128M; rev prev 2.117M)

Odds & Ends....

bank default risks drop as UniCredit calls for EU leniency over Italy bank bailouts.

Hollande warns Macron to toe the line or leave...

18 minutes agofred walton Retweeted BBC News (World)
France ending State of Emergency later this month.

“We did not see this coming, said one official. “It is not consistent with what they have been saying privately.”

28 pages are going to be released - as per CNN...

Note - while signs point to Pence , no confirmation as of yet.

Pence confirmed ( by Indy Star ) as VP choice & he's dropping his re-election bid as Governor of Indiana.

Ginsburg Regrets “Ill-Advised” Criticism of Trump -

Amid protests over police shootings of black men, some Latinos ask: What about us?

Mohammed bin Nayef , to manage the kingdom's affairs in his absence.

The problem: it is prohibited by law to directly underwrite government debt, means parliament needs to revise law.

Rumors-Trump leaning toward Christie.Trump’s top adviser Paul Manafort favors Pence.Jared Kushner prefers Gingrich.

Japan preparing to go "All In" ?

Unity Govt Defense Minister Mahdi Barghathi tells Alwasat a car bomb exploded as he was exiting 204 tank brigade HQ

Electricity returns to & surrounding areas after network repairs. Excludes city center where is located

8 hours ago
FM says unity govt hasnt lived up to expectations, dubs Haftar as an 'enigma' & ‘elephant in the room’

ICYMI: Read in : After Defeat in Challenges Remain

Trigger happy officers kill an unarmed teen , who happened to be white.