Wednesday, December 21, 2016

Economic News , Data & Views...... December 21 , 2016..... Quick Hits For Wednesday - 1) Markets : Asia Economic Outlook For Wednesday , Key Data , Markets & Market Moving News ; US Stocks - Dow Once Again Falls Short Of 20,000 , As US Stocks Indexes Retreat Modestly On Wednesday ; Oil News For Wednesday. 2) Europe In Focus : Lackluster Day For Europe Stock Indexes ; Monte dei Paschi Crisis Updates ; Berlin Market Massacre Updates & Search For Suspect On The Run ; Additional Items Of Note. 3) Us Politics : Geopolitical Items ; Transition Items ; Additional Items Of Note. 4 ) Odds & ends For Wednesday.


Markets.......



Asia.....




Economic data due from Asia today






China - "Factories suffer huge losses from smog shutdown"






China starts detaining factory owners for pollution, as air toxicity is getting out of control








PBOC sets USD/CNY central rate at 6.9435 (vs. yesterday at 6.9489)







Japan plans record $830 bln spending & MOF to reduce issuance of most JGB maturities











US.......





"Almost 20,000" Dow Disappoints For 7th Day In A Row Despite VIXtermination






Small losses for US stocks as volatility wilts




TIMELINE: The tumultuous 155-year history of oil prices






US crude oil futures settle at $52.49




Five things to consider in markets today have been posted to the blog -


Europe.....







Less than inspiring ranges as European stock markets close






ForexLive European morning FX news wrap: Yen-plays the notable highlight again





BREAKING: German police say Tunisian suspect in Berlin Christmas Market attack Anis Amri was in touch w/ radical Islamic preacher Abu Walla











came 2012 to Italy, 2015 to Germany, asked for asylum April 2016. According to law, deportable w/i 5 min







Poles pay their respect 2 Polish truck driver murdered in Berlin












German Authorities have major questions to answer..







$$ Merkel's CSU partner chief Seehofer threatened to leave coalition post-elex if refugee policy not changed. Very EUR negative






BERLIN (AP) - Germany: Suspect in Berlin truck attack was under covert surveillance for several months this year







Now named as a suspect..






DJ GERMANY'S PROSECUTOR SETS OUT REWARD OF UP TO EUR100,000 FOR HELPING TO CATCH AMRI







DJ GERMANY'S PROSECUTOR CALLS ON PUBLIC TO HELP FIND 24-YEAR-OLD TUNISIAN







MONTE DEI PASCHI SAYS AS OF TODAY NO CONCRETE EXPRESSIONS OF INTEREST FROM ANCHOR INVESTORS FOR THE BANK'S SHARE SALE HAVE MATERIALISED






What is known at present : 1) State set to take between 50 & 70% stake (presently 4%) ; this would be it's 3rd B.O 1






and obviously first nationalization.2) Qatar not willing to invest at this time.3) No other entity stepped up to replace Qatar.2






4) Share sale founder ing , due to close 2pm ( 13 CMT) Thursday. 5) MPS has already lost 14 bn in deposits through Sept 2016.3






6) Losing a/o 10bn wld place liquidity in jeopardy, as per ECB stress scenario. 7) State B.O of Italian Banks approved , but 4






bail-in terms of rescue of MPS , plus aid given other Italian Banks - not presently known. 8) Depositors protected-bondholders 5






may not be protected ( "soft burden sharing coming ? ) 9) Remains to be seen how retail bondholders fare & how EZ leaders react.6






ATLANTE FUND SAYS REMAINS AVAILABLE TO TAKE PART IN MONTE PASCHI BAD LOAN SALE, WITHOUT A BRIDGING LOAN, EVEN IN CASE OF STATE INTERVENTION





Italy Upper House Of Parliament Approves Gov’t Request To Lift Debt By EUR 20 Bln In Case Of Eventual Bank Request





Italy Lower House Of Parliament Approves Gov’t Request To Lift Debt By EUR 20 Bln In Case Of Eventual Bank Rescue - RTRS







Bank clean cost estimated at 52 BN , far more than 20 BN package proposed by Italy's Gov't...








Spain to Issue Debt to Fund Pension Payments, Expansion Reports. Chicago approves







Spain's Banks about to be in the cross hairs....








EURO ZONE LENDERS CONFIDENT SOLUTION ON LIFTING SUSPENSION OF GREEK DEBT RELIEF CAN BE FOUND SHORTLY -SOURCE







Creditors demand written pledge by Tsakalotos on ChristmasBonus 4 LowPensioners - KTG obtained the pledge :)








US Politics.....

















Report: House conservatives might support giant infrastructure stimulus even if it’s only 50 percent paid for







Kremlin says almost all dialogue with U.S. is frozen




DJ TRUMP TO NAME CARL ICAHN AS SPECIAL ADVISER ON REGULATORY OVERHAUL: SOURCES







DJ ICAHN HAS BEEN PLAYING ROLE IN SELECTING NEXT SEC CHAIRMAN: SOURCES






DJ ICAHN ALSO ADVISED ON EPA NOMINEE







Trump to pool on Berlin attack: “It’s an attack on humanity. That’s what it is. An attack on humanity and it’s got to be stopped.”







Trump team discussing ‘half-blind’ trust for conflicts of interest via







Odds & Ends.....






Mexican fireworks market explosion death toll hits 31...










Bitcoin rise in price spurred by India accepting bitcoin as a cash substitute...











After Aleppo , focus shifts to battle between FSA back by Turkey and ISIS at Al - Bab.












Important - as per Jenan , fake statement as no claim of responsibility on official sites for JFS and denials by two JFS leaders.











army / SOF from + + advancing slowly in held north region, ,









Meanwhile in , pro-Gaddafi protest such as Fayez Serraj - - is an official visit in Ghat. Yesterday they burned tires on the road










: Lyle Shelton, the managing director of Australian Christian Lobby, tweeted an image of a burnt out van








A van has rammed into the Australian Christian Lobby office in Canberra before exploding









Turkey suspends another 2,000 education staff for alleged links to failed coup





Extremists - allegedly IS militants - seized the GMMR facility last night, stealing two company vehicles, according to 12th Brigade spox








Spox of army's 12th Brigade says forces have taken over GMMR station 50 in area from extremists and are searching surrounding zone









2 explosions inside Medical Center Appeal to medical staff at BMC & 7Oct hospital to report immediately to provide emergency help







Mustafa Sanallah: We project that at current oil prices, the opening at Rayayina will add $4.5billion to our projected revenue next year.







In late 2014,IS plans to flood Europe w/terrorists by infiltrating migrant flows were met with no official response.









US based"blogspot"that hosts plans to infiltrate&attack Europe is still live 2 years on.








Aftermath of Medical Center blast today. Source: BMC






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