Wednesday, November 9, 2016

Economics News , Data & Views ...... November 9 , 2016..... Quick Items for Wednesday - 1 ) Markets : US Stock Indexes Rise From Massive Lows Overnight And Have a Stellar Day - Trump Win Must Be Good ; Europe Stocks Also Have Strong Day , Asia Caught the Lead Pipe and Fell Down Hard For Wednesday Trading ; US Bonds Hit By China Dumping ; Oil Has A Bit Of A Roller-Coaster Day ; Economic News From Asia For Thursday & Asia Market Updates For Thursday Morning. 2) Post US Presidential Election Items - Post-Mortems , Transition Planning , Odds & Ends. 3) News From Around Europe - Italy , EU Items , Front-running The News , Germany Items , Europe Reacts To President Trump & More.


Markets.....





Asia's best day since March, volumes surging: Japan +5.9% Australia +2.8% Taiwan +2.3% HK +2% Korea +1.8% NZ +1.6% China +1% SE Asia +0.3%







First yuan fixing in a brave new world: PBOC sets yuan reference rate at weakest since September 2010, 6.7885 vs 6.7832 (following USD move)








BoJ summary of opinions: Making progress towards 2% inflation tgt, but pace has slowed; unlikely to hit 2% soon, expectations also weak










Japan Machinery Orders (MoM)Sep:-3.3% (est. -0.80% prev. -2.20%) -Machinery Orders (YoY)Sep: 4.3% (est. 3.50% prev. 11.60%)










Economic data due from Asia today







Forexlive Americas forex news wrap: The day after a Trump victory. Stocks soar (and so do bond yields)






Have you all had fun on the stock market rollercoaster?




Safe haven assets in demand as Trump is elected as 45th president of the United States in a repudiation of the political establishment.








Stock markets seem to stabilize a bit after the first Trump shock. Europe's Stock Futures point to 3.5% drop at opening







Largest one-day rise in 30-year US yields in 20 years.







Looks like today's major treasury selloff( while stocks went on a positive rampage)linked to China dumping us debt.









China dumps treasuries after Trump victory today..







*TREASURY 10-YEAR YIELD RISES ABOVE 2%, FIRST TIME SINCE JANUARY







Reuters poll shows around 85% surveyed expect Federal Reserve hike in December




EIA CRUDE: 2.432m CUSHING: 0.028M GASOLINE: -2.841M DISTILLATES: -1.948M IMPORTS: -1.559M










US Elections - Post Election Items.....






After Daily Bashing Of "Son Of A Whore" Obama, Philippines' Duterte Wants To Work With Trump








Almost sounds like something from "Mars Attacks "....







S. Korea forms taskforce to better prepare for change under Trump gov't






Top Republican lawmaker indicates he will continue probe into Clinton's emails







Anti-Trump protestors march toward Trump Tower in New York over election results










Donald Trump protest in Chicago.









Trump adviser says they've reached 'end of the beginning' of his transition plan








White House also has not ruled out pardon for HRC....









HRC pardon - not ruled out by W.H - which I'm sure is hoping & praying , to skirt that political landmine.








refill the swamp









TRUMP ADVISER SAYS TRUMP NOT SEEKING YELLEN RESIGNATION: WSJ







MEXICO READY TO LOBBY U.S. CONGRESS, USE ALL LEGAL MEANS TO BLOCK TRUMP'S PLAN TO IMPOUND REMITTANCES TO PAY FOR BORDER WALL --Rtrs







Christie, Pence, Sessions closely involved in next steps for Trump as he pivots from campaign to governing, said.








The most important task for this Transition Team , will be selecting the Cabinet. Let's see who is selected.










Remarks from POTUS today -right message , right tone , pragmatic and nice touches of humor.







In case you missed any of Clinton's, Trump's or Obama's remarks on the election, RCP's video team has you covered







EU leadership adjusting to Donald Trump -POTUS.









"We must accept this result and look to the future": Hillary Clinton











The White House has begun the transition to President Trump, reports







Despite the incredible odds, Donald Trump is now the president of the United States








Republicans hang onto both chambers of Congress, giving President-elect Trump a unified government





Europe In Focus......






Next on the global macro risk agenda ... bring on the Italian constitution vote






Beppe Grillo channels Trump: "The real demagogues are the press, intellectuals, who are anchored to a world that no longer exists."







EU Foreign Ministers To Have Special Meeting To Discuss Implications Of Trump Victory








RUSSIAN DEFENCE MINISTRY SAYS DUTCH SUBMARINE WAS MAKING DANGEROUS MANOEUVRES NEAR RUSSIAN SHIPS - INTERFAX







RUSSIAN WARSHIPS IN THE MEDITERRANEAN CHASED AWAY A DUTCH SUBMARINE FROM WATERS CLOSE TO RUSSIAN STRIKE FORCE - INTERFAX CITES DEFMIN








Putin once again gets the last laugh.....Was first leader to do.












What's on stake for Europe after Trump victory.















German AfD Leader Petry Says Trump Vote ‘Encouraging’ for Europe








Frontrunning: November 9







EU official says "Bail-In only way for banks with ‘huge’ capital hole"