DOW JONES UNOFFICIALLY CLOSES UP 88.21 POINTS, OR 0.48 PERCENT, AT 18,328.70
NASDAQ UNOFFICIALLY CLOSES UP 36.06 POINTS, OR 0.68 PERCENT, AT 5,328.46
Frontrunning: October 10
DB was given special treatment in stress tests. $4bn from selling Hua Xia boosted cap even though deal not been done https://www.ft.com/content/44768ea8-8c71-11e6-8aa5-f79f5696c731 …
Deutsche Bank starts lower to week after reports that CEO Cryan failed to reach settlement deal w/ DOJ during meeting in Washington on Fri.
Meanwhile , Saudis launch a bond offering as oil price spikes on the production freeze jibber jabber...
Rumors never stop coming with oil production freeze jibber jabber , while actual production just keeps increasing...
Around The Horn - Europe
It seems the hold up of the remaining 1.7 bn is linked to obtaining arrears clearance data -presumably from Greece.
Progress enables ESM to disburse 1.1 billion of the tranche, needing data of September for arrears absorption, need to b assessed by inst
Dijsselbloem says that the #IMF has to make its #Greece debt sustainability analysis based on #Eurogroup's May decisions and decide.
If #Greece secures tranche today, focus moves to 2nd review. Govt sources quoted in GR media see it being completed anytime from Nov to Mar
GREEK AUGUST INDUSTRIAL OUTPUT -0.3 PCT Y/Y FROM REVISED +4.7 PCT IN JULY
#Italy | AUG IND PROD M/M: +1.7% V -0.1%E; Y/Y: +7.4% V -6.3% PRIOR; WDA Y/Y: +4.1% V -0.3%E
Hungary moves to ban mass resettlement of migrants: … in Hungary on the basis of individually judged request... http://bit.ly/2e4x1rm
Hungarian Leader Seeks to Tighten Constitution on Immigration: BUDAPEST—Hungarian Prime Minister Viktor Orban... http://bit.ly/2e4wHZK
Hungary To Amend Constitution, Block EU Migrant Plan http://www.zerohedge.com/news/2016-10-10/hungary-amend-constitution-block-eu-migrant-plan …
Odds & Ends From Europe .....
Germany doesn't want to extend Juncker's reach or power any further...
German investigators say the #Chemnitz bomb plot suspect appears to have Islamic State group connections
BREAKING: Clinton leads Trump by 14 points — NBC/WSJ poll (Oct. 8-9) 2-way Clinton 52 Trump 38 4-way Clinton 46 Trump 35 Johnson 9 Stein 2
Icahn still supports Trump --CNBC
Paul Ryan-in a heated House GOP Conf call , says he won't defend Trump further , but doesn't pull endorsement.
new NBC/WSJ national likely-voter poll after tape release: Clinton leads Trump by 11 in 4-way race, by 14 in 2-way race (52%-38%)
Meanwhile, Trump circle gloating. Privately mocking elected Rs who are agonizing. One laughed and said, "We don't care."
In calls this morning, many Rs privately want to defect from Trump. But they say the debate gave them pause since he roused their base.
NEWS: Nebraska Gov. Pete Ricketts has nixed a planned fundraiser with Mike Pence scheduled for tomorrow evening.
Mike Pence cancels N.J. Trump fundraiser scheduled for Monday in Ocean County http://s.nj.com/UYbpIzO No reasons given for the cancelation
This is sad but accurate..
MENA Items ...
UN HR chief calls on "all states contributing to the conduct of hostilities in #Yemen in any way to seriously reconsider their support."
UN HR chief Zeid calls Saudi attack on funeral in #Yemen "outrageous," calls again for international inquiry, which has been blocked twice.
Syria - Iraq.....
Another video of FSA calling American forces in Syria pigs, crusaders, & prostitutes. Promise to f... their Moms, etc.
Leipzig: the terror suspect al-Bakr was held by other Syrians, who then called police
Jordan is keeping its border with Syria shut, but will use a crane to drop aid to 75,000 refugees trapped there
#Iraq's federal court rules against prime minister Abadi's reforms https://www.yahoo.com/news/iraqs-federal-court-rules-against-prime-ministers-reforms-102251321.html?soc_src=social-sh&soc_trk=tw … via @YahooNews
An interesting missive , if accurate of course-to be considered on a Fwiw basis.
France wants bombing of Syria's Aleppo investigated as war crime http://aje.io/rf7h
Ali Gitrani: We went to Italy and sat down w/ everyone.They understood the Libyan case and we have seen a change in their attitude #Newsroom
Ali Gitrani: The Presidency Council is unable to reach consensus w/ 9 members. We should go back to [LPA] Draft4 w/ 1 president & 2 deputies
Ali Gitrani: We have not yet determined a city in Libya for the Presidency Council meetings #Newsroom
Ali Gitrani: We learned that there is corruption w/ regards to Jadhran. If details are correct, some PC members should be in jail #Newsroom
Ali Gitrani: The Tunis meeting was for all Presidency Council members to agree on a city in Libya to hold their meetings #Newsroom
Ali Gitrani: In the Tunis meeting I asked Presidency Council members about the 45 million LYD that were paid to Ibrahim Jadhran #Newsroom
GNA is a government I name only , Militias do whatever they choose to do , it would appear
Always trouble afoot...
GNA President Serraj &wife meet with Barack&Michelle Obama. #Libya's "First Lady"resides in the UK along with family