Markets & Market Moving News...
#Mexico confirms @Bloomberg scoop about 2017 #oil hedge http://www.economiahoy.mx/economia-eAm-mexico/noticias/7769272/08/16/La-mayor-parte-de-las-coberturas-petroleras-para-2017-ya-han-sido-adquiridas-Videgaray.html … and our story last week: http://www.bloomberg.com/news/articles/2016-08-12/mexico-said-to-begin-quietly-hedging-2017-oil-price-in-june … #OOTT
Crude -1.007 Cushing -0.680 Gasoline +2.176 Distillates +2.406
Oil makes it four in a row http://on.mktw.net/2bvOms7
Crude Cruises To 1-Month Highs But Dudley Damages Stocks & Bonds http://www.zerohedge.com/news/2016-08-16/crude-cruises-1-month-highs-dudley-damages-stocks-bonds …
Iran has not decided whether to join September informal talks ....
Probability of another Fed rate hike at FOMC meetings over the next year...
Why do we call these markets anymore , when just reflecting CBer buying or QE ?
PBOC Fixes Yuan Reference Rate At 6.6056 (prev 6.6305)
China outflows getting worse again, not better (via GS). If you think China stabilizing, take a look.
No record for the Dow, S&P or Nasdaq today http://on.mktw.net/2bwgiwM
$196 billion in redemptions from Mutual Funds YTD
Frontrunning: August 16
US Core CPI (MoM) Jul: 0.10% (est 0.20%; prev 0.20%) -Core CPI (MoM) Jul: 2.20% (est 2.30%; prev 2.30%)
US CPI (MoM) Jul: 0.00% (est 0.00%; prev 0.20%) -CPI (YoY) Jul: 0.80% (est 0.90%; prev 1.00%)
US Housing Starts Jul: 1.211M (est 1.180M; rev prev 1.186M) -Housing Starts (MoM) Jul: 2.10% (est -0.80%; prev 5.10%)
US Building Permits Jul: 1.152M (est 1.160M; prev 1.153M) -Building Permits (MoM) Jul: -0.10% (est 0.60%; prev 1.50%)
US NY FED BUSINESS LEADERS ACTIVITY -19.86 AUG V 5.41 JUL
#US | JULY INDUSTRIAL PRODUCTION M/M: 0.7% V 0.3%E; CAPACITY UTILIZATION: 75.9% V 75.6%E
MENA - Syria , Libya , Iran , Iraq , Yemen , Turkey In Focus
Musings On Iraq Security In #Iraq, Aug 8-14, 2016 http://musingsoniraq.blogspot.com/2016/08/security-in-iraq-aug-8-14-2016.html …
Promises unfulfilled: How a State Department plan to stabilize Iraq broke apart http://wapo.st/2bsJS6c?tid=ss_tw …
Did attempt to kill Tajouri spark move by Tripoli Revolutionaries’ Brigade to seize intelligence offices in Tripoli?
Tripoli #Libya intel head Mustafa Nouh (in #Turkey) calls for armed help from Misrata & Zliten against Haitem Tajuri http://almarsad.co/2016/08/14/%D8%AA%D8%B7%D9%88%D8%B1%D8%A7%D8%AA-%D9%85%D8%B9%D8%B1%D9%83%D8%A9-%D8%A7%D9%84%D9%85%D8%AE%D8%A7%D8%A8%D8%B1%D8%A7%D8%AA-%D8%A5%D9%86%D9%82%D8%B3%D8%A7%D9%85-%D8%AF%D8%A7%D8%AE%D9%84-%D8%A7%D9%84/ …
Misrata-led forces fought #ISIS street by street until they liberated the entire residential area 2 of Sirte today
GNA Appoints Committee to Take Care of Libyan National Fund Worth $67 Billion https://www.libyangazette.net/2016/08/16/gna-appoints-committee-to-take-care-of-libyan-national-fund-worth-67-billion/ … #rio2016
In a parallel universe , grave concerns are raised against the ongoing GCC led campaign against Houthis in Yemen...
For twirps interested in understanding ISIS and how the group cane together , an interesting piece to consider.
Turkey police raid firms with alleged links to Gulen http://ow.ly/rU51303hts9
Note this particular case began long before the Coup attempt in July...
Latest purge updates regarding freedom of the press in Turkey. With closure of Ozgur Gundam , 46 newspapers closed.
Court temporarily shuts down daily Özgür Gündem over alleged PKK propaganda http://bit.ly/2bkb4FS
#Turkey makes formal request for return of 8 officers who fled to #Greece http://www.ekathimerini.com/211228
Flying with full bomb loads from Iran’s Hamadan airbase, group attacks on Islamic State & Jabhat al-Nusra positions
https://youtu.be/5yLP9f2cby4 Sheikh Nabeel Naim discusses widely believed theorem in Middle East-US created ISIS.Trump's ISIS comment-more fuel.
Europe - Around The Horn.....
Border police in Bulgaria fired for cooperating with human traffickers http://bit.ly/2bwcpbe
Austria may get its wish and we shall see if Austria's pov is correct.
#Greece's latest GDP figures and what to expect for the rest of the year. @ManosGiakoumis analyses the Q2 data https://shar.es/1ZNbov
Police arrest suspect for sale of gun to Munich shooter. http://www.thelocal.de/20160816/man-who-sold-gun-to-munich-shooter-arrested-in-marburg …
Farage's spokesman says it is "not true" that he is applying for German citizenship
6 conditions from Ciudadanos to address corruption are key to unlock deadlock-which PP allegedly inclined to accept.
Soros full list of "Reliable allies in the European Parliament" http://soros.dcleaks.com/download/?f=/Europe/OSI%20Brussel%20EU%20Advocacy%20calendar/European%20Elections/reliable%20allies%20in%20the%20european%20parliament%202014%202019.pdf&t=europe …
Spain political deadlock about to be broken ?
What happened to the Brexit slowdown?