Friday, August 19, 2016

Economic News , Data & Views ..... August 19 , 2016......Quick Hits - 1. Markets & Market Moving News : US Stocks Have A Mediocre Day ; Focus Will Be Back On The Banks Before Too Long ; Oil Items Of Note. 2.Greece Items Of Note - Around The Horn. 3. Europe Polling Of Note - Germany Party Preferences , Italy Constitution Referendum & Hungary Refugee -EU Migrant Quotas , In Focus. 4. Turkey Items Of Note. 5. Odds & Ends.

Markets & Market Moving News.....

US Equities Close: S&P500 2183.87 (-0.14%); NASDAQ 5238.38 (-0.03%); DOW JONES 18552.57 (-0.24%)

How long before cash gets pulled from Banks ?

JPMorgan ends WaMu disputes with FDIC, to receive $645 million

This can't end well , but you know that in advance.

With Corporate Defaults Surpassing Last Year's Total, Even Citi Can't Believe What Is Going On

Crude price shrugs off rising US rig count - for this week.

Baker Hughes oil rigs jump by +10 to 406 in the latest week

SCOOP on US oil cos. jointly bidding for drilling rights in Mexico, via &


Flash - 100 migrants rescued after being stranded off Gree... via

Greece's July tax revenues 337 mln below target

Greek unemployment in July up 2.8 pct from June

German government says WWII damages issue closed

Europe Elects Data Of Note....

Germany, Forsa poll: CDU/CSU-EPP: 36% SPD-S&D: 21% GRÜNE-GREEN: 13% LINKE-LEFT: 9% ↓ AfD-ENF: 9% FDP-ALDE: 6% ↑

Germany, INSA poll: CDU/CSU-EPP: 31% ↓ SPD-S&D: 21% AfD-ENF: 14% ↑ LINKE-LEFT: 12% GRÜNE-G/EFA: 11% ↓ FDP-ALDE 7%

Italy, Constitutional Referendum, EMG poll: Yes: 49% (nc) No: 51% (nc)

Italy, Constitutional Referendum, Ixé poll: Yes: 44% (-10) No: 56% (+10)

Italy, Constitutional Referendum, Winpoll poll: Yes: 47% No: 53%

Hungary, Republikon poll; Migrant Quota Referendum: I approve (the plan of the EU): 8% Disapprove : 92%

Hungary, Tárki poll; Migrant Quota Referendum: I approve (the plan of the EU): 15% Disapprove : 85%


US has to stick to int'l agreements and extradite Gülen, main opposition leader Kılıçdaroğlu

Bloomberg: U.S. Justice Dept. sending team to Turkey to probe allegations against cleric Gulen. Turkey demanding his extradition from U.S.

The word is would remain as PM reporting to Ayatollah Fethullah Gülen after the coup, Erdogan fired him over the weekend

Wrote few days ago any politicians can be implicated w coup v past rltns w Gulen. Today Davutoglu & Istanbul mayor

UPDATE: 18 Prime Ministry staff held in Turkey coup bid probe

Summary of Iran -Turkey meeting. Fighting terror and Syria situation , at top of the agenda.

Further purge updates

LIVE — Interior Minister Ala: PKK terror attack in Elazığ was a suicide attack, carried out with an explosive-laden minibus

In Turkey , the detentions and asset seizures will continue until morale at businesses improves.

Turkey: Germany must close -linked businesses

Turkish authorities round up women for being Gulen sympathizers.

Turkish government seizes one of the country's biggest conglomerates, Boydak Holding, as the crackdown on businesses escalates

Odds & Ends......

US officials warn pregnant women to avoid Beach due to

New Zika infections trigger travel alert for Miami Beach area. starts us off tonight on .

After 5 new Zika cases were found in Miami Beach, Florida now has 2 areas considered active zones for transmission

MORE: Pentagon asserts the incident is the closest US forces on the ground have come to an attack from the Syrian regime.

MORE: Pentagon: US special forces "all safe," but Syrians would be “well-advised” not to interfere with coalition forces in future.

JUST IN: Pentagon: US fighter jets scrambled to protect US special forces with Kurdish fighters who were nearly bombed by Syrian jets Thurs

Syria &Turkey rapprochement is for real.Shelling of kurdish area in Hasakah by SAA-bone tossed by Assad to Erdogan.

Paul Manafort has resigned - of course , writing was on the way after the big shake up earlier this week.

Hard to blame tourists , France terror attacks have left quite an imprint on the psyche.

Ken Starr finally leaves Baylor..

Another legendary hedge fund guy becomes a superbear..bullish ?

PM May seeks to trigger Article 50 by April 2017 , before French and German Elections.

As per Dong-A Ilbo newspaper , the official may have fled his post in June with as much as $400 million.

Al Qaeda (aka 9-11 mass murderers ) -franchise in Syria , lauded by Sky News...

Central Hospital: suicide attack kills 10, wounds 65 in .