Markets & Market Moving News....
Third of three Fed speakers today ( Brainard ) is very dovish. Stocks jump , bonds have a sign of relief.
Fed Gov Brainard outlines case against raising rates 'preemptively' http://www.federalreserve.gov/newsevents/speech/brainard20160912a.htm …
Fed's Kashkari ( not a voting member on FOMC this year ) , cool to idea of Fed rushing to hike Fed interest rates.
In just days, govies trading at negative yields shrink from $10 trillion to $8.3 tril, supras to $920bn, corps $355bn. via JP Morgan
A good calendar of key events for this week.
KASHKARI: STILL EXPECT MODERATE ECONOMIC GROWTH
LOCKHART: CONDITIONS WARRANT SERIOUS DISCUSSION OF SEPT HIKE
LOCKHART: SEES SLOWDOWN IN MO JOB GROWTH AS APPROACH FULL EMPL
LOCKHART: ECON EXPANDING AT MODERATE PACE FUELED BY CONS SPNDG
U.S. STOCK INDEX FUTURES PARE LOSSES SLIGHTLY AFTER ATLANTA FED'S LOCKHART'S COMMENTS
Stocks and bonds falling together...
Italy is some ways , in worse shape than Greece - as per the chart.
Govt bond bubble about to pop? Bond mkts reacting to the prospect of less CenBank liquidity. Yields across Asia jump
Pessimism over the economy is up http://dlvr.it/MFSKss
September to be crucial for tourism revenues http://dlvr.it/MFSKjR
ATHEX: Greek stock market bends under pressure http://dlvr.it/MFRtg2
Unrest at reception center on Kos as young migrants burn mattresses http://dlvr.it/MFPLt0
Creditor representatives in Athens on 'technical mission,' EC spokeswoman says http://dlvr.it/MFMZJB
Greece about to flare into the headlines with its refugee crisis .
Around The Horn - Europe Sans Greece
Can kicked for debt relief -now not to be considered until after German Elections in Fall 2017.
Lagarde trial to start December 12th..
ECB SAYS IN NEW DRAFT GUIDELINES BANKS SHOULD SET 1- AND 3-YR TARGETS FOR REDUCING BAD LOANS
ECB SAYS NEW GUIDELINES IS NON-BINDING BUT BANKS MAY FACE SUPERVISORY MEASURES IF THEY DON'T COMPLY
ECB'S DONNERY SAYS FOR SOME BANKS IT WILL TAKE LONGER THAN THREE YEARS TO FIX PROBLEM
BREAKING: Austrian interior minister asks government to postpone presidential rerun vote, citing faulty absentee vote ballots.
#Syria ceasefire is a test of loyalty among pro-government forces as much as anything else http://www.al-monitor.com/pulse/originals/2016/09/us-russia-agreement-syria-political-will.html …
Cease-fire has begun in war-torn Syria, but civilians and officials worry about violations http://lat.ms/2cHCl2S
21 FSA, rebel and jihadi groups reject officially the cease-fire conditions and refuse to take a distance from #AQ
Meanwhile, the Syrian government has already given the truce two thumbs up. http://sana.sy/en/?p=88010
US off'l:We expect a recommitment by all sides to affirm the full terms of the original Cessation of Hostilities beginning at 7pmSept.12 1/x
USO, cont'd: ..including commitments to cease attacks, including aerial bombardments, and refrain from seeking to acquire territory. 2/x
USO, cont'd: This recommitment will initially be for 48 hours, and provided it holds, US & Russia will discuss extensions, 3/x
National General Election:
Trump 48% (+2) Clinton 46% UPI/CVoter Tracking Poll 9/2-8
National UPI/CVoter Tracking Poll: Trump 47% (Tie) Clinton 47% via @upi
National UPI/CVOTER Poll: Trump 49 (+3) Clinton 46
Trump on Clinton's "basket of deplorables" comment: "She divides people into baskets as though they were objects," not humans.
The most crucial, least-discussed issue for Trump and Clinton http://www.mcclatchydc.com/opinion/article101303737.html …
Hillary to Pence: If won’t say KKK is deplorable, you have no business running the country: http://thebea.st/2cId6gO
“Trump has denounced David Duke repeatedly, we don’t want his support & we don’t want the support of people who think like him," Pence said.
Obama's 9/11 veto puts Hillary in a tight spot: http://thebea.st/2c6vJP7
Trump official says "deplorables" ad will run for approx $2 million on broadcast + cable this week in OH PA FL NC.
NY Post: Clinton team avoided ER to conceal details of her medical treatment http://nypost.com/2016/09/12/clinton-skips-out-on-emergency-room-during-health-episode/ …
NBC poses a series of unanswered questions , brought to the table , after yesterday.
Apparently, pneumonia spreading among various staffers...
Additional medical records to be released - much needed transparency steps to address health concerns re : HRC
Trump says he will release detailed medical report http://www.mcclatchydc.com/news/politics-government/election/article101319017.html …
Confirmed: Robby Mook says on @MSNBC that Clinton will release comprehensive medical records later this week.
Odds & Ends....
France, Germany, Italy, Spain, UK, & US condemn this weekend's attacks on Zueitina, Ras Lanuf, Es Sider, and Brega oil terminals in Libya.
Some reporting that PFG is launching a counter-offensive against LNA forces. Cannot confirm, but fighting in some parts continues. #Libya
As the GNA has no Army and Militias are fighting among themselves in Tripoli , this is the best they could muster.
#Turkey suspends 11,000 teachers teachers, wages, part of 'biggest campaign' against #Kurds http://www.reuters.com/article/us-turkey-security-kurds-idUSKCN11E1XU?il=0 …
President Obama still intends to veto JASTA...
NEW: Philippines Pres. Duterte: US special forces have to withdraw from southern island. http://nbcnews.to/2cy5rom
UN: 30 killed & 17 wounded, incl 1st responders & 2 children, as result of several airstrikes on a water well #Yemen
Nuclear and chemical plants not affected by record earthquake
Hanjin Shipping Says 93 Vessels Stranded at 51 Ports