Sunday, October 30, 2016

Economic News , Data & Views...... October 30 , 2016 ..... Quick Hits For Sunday -1) Markets : Crude Oil Finally Set To See Price Tumble ( OPEC Production Freeze Gambit Not Making Progress ) ; Rumors Flying BOE Governor Mark Carney Make Step down - Could Make Announcement As Soon As This Week ; Political Uncertainty , Rising Dollar , Falling Oil - Hedge Funds Cutting Exposure Into These Headwinds. 2) Around Europe : Iceland's Pirate Party Set To Come In Third Place , Independence Party ( Incumbent ) Set To Probably Stay In Power ; ISIS Claims Knife Attack In Hamburg , Germany ; YouGov Polling For UK - How Vote Would Go W/O UKIP ; CETA - What Does It Mean For EU Trade Policy ; Spain Finally Has A Gov't ( Rajoy & PP Led Minority Gov't ) - What Occurs Now. 3) Iraq : Mosul Update & General State Of Play. 4) Syria Updates - Political & Battlefield Items. 5) US Politics - Presidential Campaign Related Items In focus. 6) Turkey Items - Ongoing Purge In Focus . 7) Libya In Focus - Battlefield & Political Updates. 8) Odds & Ends.

Markets ......

Crude price just may come under pressure in the near term , as OPEC's inability to reach a deal on freezing production becomes a reality.

| inisists should shoulder at least part of the efforts in rebalancing market. officials. WSJ.

| Vienna meeting concluding statement. thnx .

FT - Carney stands ready to serve full 8 year term at Bank of England.

Mark Carney, governor of the Bank of England, is set to quit, two senior sources close to him believe.

(6) | cut their exposures (long) to U.S equities amid lower oil prices, rising and political uncertainties.

(5) | NYCE Index Net Long Positions (Non-Commercial) increased by 18.9% this week to the highest since Aug. 2015.

(3) | CFTC Mini Dow Jones Net Long Positions (Non-Commercial) decreased by 13.0% this week.

(1) | CFTC E-Mini S&P 500 Net Positions (Non-Commercial) are back into negative territory this week ❗️ (2nd time in 20 weeks)


Pirates headed for loss in Iceland election

Iceland Prime Minister Sigurdur Ingi Johannsson resigns after snap vote triggered by tax scandal

Iceland's Pirate Party makes historic breakthrough in election

Germany investigates Isis link to Hamburg teen murder

Germany probes 'Islamic State' claim of deadly Hamburg knife attack. A 16-year-old boy was killed in the attack.

claims responsibility for knife murder in Hamburg

YouGov polling on how people would vote without UKIP. CON the main beneficiary

(2/3) See last tweet. Malmstrom points out "EU Parl now needs to give its backing to for it to enter into force provisionally."

3/3 The provisional application of will not cover investment protection, reminds

Pablo Iglesias thanks Pedro Sánchez for "telling the truth about oligarchic powers" in Spain and "recognising he was wrong about us".

Pedro Sánchez says El País pressured him in meetings into doing a deal with Rajoy "or our editorials will go against you".

Pedro Sánchez accuses Telefónica and Spanish banks of using power to influence editorial line of El País and pressure him to avoid Podemos.

Pedro Sánchez admits in TV interview it was "an error" to sign deal only with Ciudadanos and not also with Podemos.

Quite interesting ! If Sanchez was to regain leadership post , might he reconsider PSOE & Podemos Coalition ?

EDITORIAL: Where To Now, Spain?

The Speaker of Congress has formally notified His Majesty the King that parliament has confidence in Mariano Rajoy.


If interested in getting a good perspective of state of play in Mosul , you should read this report.

Iran-backed Shiites join Iraqi attack on Mosul

Ali Wilayati, senior adviser to 's supreme leader Khamenei says his country is prepared to mediate between Turkey & Iraq to avoid war.

The city of Tal Afar, west of Mosul, has become the center of a struggle for influence in Iraq


REPORT: Regime, rebel forces grind into third day of fight for Aleppo city.

: Opp.supporters confirming militants' attack on "Apartments Project" 3000 failed.Remaining forces are pulling back.

Putin: "If we shouldn't be there [Syria] – then why are you in Mosul?"

Syrian rebel from suicide attack with 16 tons of explosive in æEpic battle of Aleppo" against apartments 3000.

Talafar will be taken by PMU and OM Abadi didn't ask for US Air support on the western front to avoid friendly fire.

3 hours agoElijah J. Magnier Retweeted Iraqi Day 
announced is halting its but continue advancing in occupied land

Syrian rebel Jiash al-Islam commander Ahmad Sandeh, aka "the slaughterer", killed during "Epic battle of Aleppo".

Syrian rebel Ex-Nusra Abu Muhammad al-Joulani indicating areas in Aleppo Battle). .

Raqqah became hot on the Turkish-American table when Abadi ordered PMU to take Talafar. My take via

US Politics.......

Delete - Email-Gate Parody.....

Breaking-FBI gets warrant to search emails “pertinent” to probe of Hillary Clinton’s private server contained on Anthony Weiner’s laptop.

FBI in internal feud over Hillary Clinton probe via

Clinton campaign sending prosecutors draft letter condemning Comey. scoops:

Hillary Clinton's entire campaign goes on the offense against FBI Director James Comey

Hillary blaming Comey & for is as dishonest & absurd as Trump blaming pussies for grabbing themselves. Consequences happen.

BREAKING: The Justice Department and the FBI are in discussions with lawyers for Huma Abedin to conduct a full search of the new emails

Clinton camp: Comey's 'bewildering' letter about Clinton emails 'unfair to voters'

Clinton campaign manager: What FBI director did was 'disturbing'

Update fr PT-FBI & DoJ were allegedly talking( not true) to Huma's lawyers re:search of her emails. Authorities now may seek search warrant.

I emailed that 2 sources say Weiner is cooperating w/ FBI- & co-owned laptop. Also NY FBI had info 4 a few weeks- pressure was building

Doug Band To John Podesta: "If This Story Gets Out, We Are Screwed"

"Clintons, that’s a crime family basically. It’s like organized crime. I mean the Clinton Foundation is a cesspool.”

In an Oct. 24 response, Assistant Attorney General Peter Kadzik responded on Lynch’s behalf, refusing to answer the 1

Unseemly to pressure the FBI Director , who's just trying to do his job. Perhaps consider why he's been put in this box in the first place ?

( Editor note - polling through 10/28 for polls below )

National IBD/TIPP Tracking Poll (10/23-10/28): Clinton 44% (+2) Trump 42% Johnson 6% Stein 2%

A point shift toward Trump in a day And a 11 point shift toward Trump in a week

Anyone thinking re-opened probe to resolved swiftly-not taking into considerable potential volume of records & need for fresh interviews.

Huma Abedin swore under oath that she gave up "all the devices" with State Department emails:

As of Saturday night , not warrant to review new Huma Abedin emails. FBI & DoJ is discussions on this. KEEP eyes on this !!

Trump seized on FBI announcement to rally his crowds while Clinton wants more information


Co-Mayor of Diyarbakir and former HDP MP arrested by court. Hearing of is continuing



Major questions remain unanswered about Turkey's coup attempt, but just parrot the gov't line & blame the Gulenists.

The emergency rule measures and decrees paved the way for the establishment of an authoritarian regime, to the detriment of the rule of law.

Another 10,000 people lost their jobs as part of the post-coup crackdown. Total purged is now ~ 120,000. At least 35,000 arrested.

Two more holdings seized in government’s post-coup crackdown via

Turkey takes 400 pharmacies out of prescription system over Gülen links via

Gov’t decree allows Erdoğan choose rectors without intra-university elections via

10 newspapers, 3 magazines, 2 news agencies closed down in new gov’t decree via

Odds & Ends....

Resident in front of bank in "money being printed outside and brought here,but we receive nothing,"

16 migrant bodies washed up west Libya

Trouble in Tripoli (Reuters)

Red Crescent evacuates several families from areas witnessing clashes in Zawiya.

Bunyan Marsous forces begin cleaning campaign on 's coastal road.

security chief, Col. Salah Huwaidi says willing take responsibility for any breach of security in the city

Pres. Council condemns terror attack at 's Kish Square. 4 were killed and 23 wounded.

Repairs completed on several sub-stations supplying and its surrounding areas with electricity.

Shipments supplying gasoline & cooking gas cylinders arrived in and its surrounding areas on Saturday.

Zawyia suffers from ongoing heavy clashes, whilst prez council scheduled to be in London to attend CBL/LIA/NOC related meeting there.

Report: UAE airbase operating eastern Libya (no official confirmation)

Tobruk-based parliament's central bank (libya has 2 CBs) wants devaluation. Inflation fear one reason banks restricting money supply.

Car bomb at Kish Square tonight in assassinated activist Mohammed Bughaighis. Total 4 killed and 24 injured.

Odds & Ends....

But I don’t want to go among mad people," Alice remarked.

"Oh, you can’t help that," said the Cat: "we’re all mad here. I’m mad. You’re mad."

"How do you know I’m mad?" said Alice.

"You must be," said the Cat, "or you wouldn’t have come here.” 

― Lewis CarrollAlice in Wonderland

“Would you tell me, please, which way I ought to go from here?"

"That depends a good deal on where you want to get to."

"I don't much care where –"

"Then it doesn't matter which way you go.” 

― Lewis CarrollAlice in Wonderland

“It would be so nice if something made sense for a change.” 

― Lewis CarrollAlice in Wonderland

The OCC is training its staff on blockchain

Making Sense of Hillary Clinton's Bitcoin Rejection

China’s big 5 banks lost 274 billion yuan in bad debt write-offs in first nine months

Saudi Arabia says arrests Islamic State suspects plotting attacks

Nearly 6,000 women responded to a Times call-out about their lives in Saudi Arabia

Will South Yemen rise again? Our report: War pushes to partition

The FBI's findings on Huma Abedin's home laptop calls into question whether she turned over all of her devices:

EXCLUSIVE: Huma Abedin holed up in New York after FBI reopens email probe

FBI agents can't read some of Huma Abedin's emails because they don't have the security clearance. Also, Anthony Weiner had access to them.