Thursday, September 1, 2016

Economic News , Data & Views...... September 1, 2016...... Quick Hits- 1. Markets & Market Moving News : US , Europe & Asia Stock Market Updates & News Impacting Markets ; US Data For Thursday - ISM Manufacturing & Construction Spending Reports Disappoint , Jobs Report Due On Friday - 180K Expectation For New Jobs. ; Additional Items Of Note. 2. Greece Economic Data & Creditor Talk Updates 3.Around The Horn - Broader Europe News. 4. Protest Thursday - Brazil Gabon & Venezuela. 5. Odds & Ends.


U.S. stocks close slightly higher ahead of payrolls

Good , bad or indifferent - we will find out Friday !

Bonds not proving a safe haven for savers...

Oil under pressure again. Rumors not getting the usual and customary response. HFTers hitting the beach early ?

Asia and Europe news and market movements , Wall Street prelude.

Chart shows money on the sideline is a myth. It's the CBers driving asset prices.

ISM New Orders 49.1, lowest since November 2015

US ISM Manufacturing PMI Aug: 49.4 (est 52.0; prev 52.6) -Prices Paid Aug: 53.0 (est 54.5; prev 55.0)

US Construction Spending (MoM) Jul: 0.00% (est 0.50%; rev prev 0.90%)

US production, y-on-y change (k b/d): Jan: -185 Feb: -370 Mar: -681 May: -578 Jun: -619

The y-on-y decline in US production gathered pace in June, after briefly slowing down in May


More cuts to auxiliary pensions to hit retirees on Friday

Stable rate in time deposits, Greek corporate loan rates pick up in July

After 3 years, IMF to resume Article 4 consultations with Greece. Findings expected to feed into its new DSA/ possible program participation

economic sentiment and improve in Aug, but consumer confidence deteriorates.

Broader Europe....

Austria, SORA poll: FPÖ-ENF: 34% ↑ SPÖ-S&D: 28% ↑ ÖVP-EPP: 18% ↓ GRÜNE-G/EFA: 14% ↑ NEOS-ALDE: 4% ↓

Germany, Infratest dimap poll: CDU/CSU-EPP: 33% SPD-S&D: 23% ↑ AfD-ENF: 14% ↑ GRÜNE-G/EFA: 11% ↓ LINKE-LEFT: 9% FDP-ALDE: 5%

Apple will repatriate its overseas cash pile next year, Tim Cook says

U.S. tax code may allow dramatic retaliation in EU Apple case

Other shoe whistles in the wind...

Germany trade balance by country. Two helpful charts..

Turkey, Gazprom agree to accelerate Turkish Stream project

EDITORIAL: Spanish Politics Is Broken

British manufacturing staged one of its sharpest rebounds on record in August, helped by boost to exports from pound's post-Brexit fall 1/3

The Markit/CIPS Purchasing Managers' Index (PMI) jumped to a 10-month high of 53.3 in August (2/3)

The 5pt PMI surge joint-largest in manufacturing survey's 25-year history - far outstripped all forecasts in Reuters poll of economists 3/3

Always an excuse for avoiding how Banksters feet to the fire..

AfD party (23%) ahead of CDU (20%.) SPD-retains its first place with 28%. Die Linke polls (15%) , Greens (6%.)

Tusk: 'The key issue is still irregular migration. Our aim must be clear: Never again allow chaos of 2015 to repeat in Europe'

Tusk hints EU army will be topic at Bratislava: 'Priority shd be to take back full control of internal security and external borders'

.: UK must trigger Art 50 before we discuss negotiations, we protect those who stay together, not the one leaving.


Wow !

PHOTOS: Anti-government protests today in -

Protests intensify in Caracas for a new government

Night of riots in after President Bongo wins elections (his family has ruled the nation for 50 years)

Odds & Ends....

'Like it's been nuked': Millions of bees dead after spraying for Zika mosquitos

Holy cow , Erdogan just went nuts today with the Purge !

Erdogan signs a new decree to seize thousands of companies and sack tens of thousands of public employees in a new wave of purge.

Erdogan says will not allow 'terror corridor' in northern Syria

THIS- Appointment of Nakua made in the name of PC acting as the corporate Supreme Commander of Libya Armed Forces

State Council holds meeting w/ 30 members of the House of Representatives.

"I repeat ... Mr. Trump: Mexico will never pay for a wall," Mexican Peña Nieto tweets in response to Trump's tweet.

Map for September 1st -Syria

"I'm deeply disappointed to hear that SpaceX's launch failure destroyed our satellite," Mark Zuckerberg says.

BREAKING: Florida finds Zika virus in trapped mosquitoes, a first for the continental US.

Germany -Turkey relationship almost as strained presently, as US -Turkey relationship.

Sheer number of migrants dwarfs refugees.10+migrants for every refugee. 241million migrants/21million .

Turkey will stand its ground -no changes will be made to Turkey's anti-terror laws. EU-Turkey deal in trouble.

Trump and Clinton race to popularity bottom continues..

After meeting with Mexican president, Trump advocates mass deportation, extreme vetting and wall in hardline speech.

Russia blocks UN move to sanction Syrian government for chemical weapon attacks

Refugees mass in Libya in a 'race against time' to reach Europe

Purge update !

National Reconciliation Conference not advancing cause of national reconciliation....

UN invites one party in an ongoing conflict to a "national" reconciliation conference & participants boycott

Rojova Administration releases its file reflecting ties between ISIS and Turkey. Fwiw.