Economic data due from Asia today - fuggedaboudit. (But stay tuned for the weekend!)
Ouch! Shanghai Composite ends the year down 12.3% for 2016 after +9.4% in 2015. 2016 is worst year since 2011. Is the worst over for #China?
PBOC sets USD/CNY central rate at 6.9370 (vs. yesterday at 6.9497)
Euro stabilizing now.. but that massive pop was a cool 160 pips. Looks to be algo-driven amid thin liquidity
Euro really taking off now....
Euro just now
USD/JPY dropping sharply... 10 minutes to cash market open in Tokyo
New Zealand market shuts for the year. Stocks clock in a 5th straight year of gains and 11th in the last 15 years. #Win
South Korean stocks close for 2016. KOSPI at 2,026. Up 3.3% YTD. Second straight annual gain.
Philippine stocks close for 2016. Index at 6,840. Down 1.6% YTD. Second straight annual loss.
US & Europe....
DOW JONES UNOFFICIALLY CLOSES DOWN 13.14 POINTS, OR 0.07 PERCENT, AT 19,820.54
S&P 500 UNOFFICIALLY CLOSES DOWN 0.74 POINTS, OR 0.03 PERCENT, AT 2,249.18
NASDAQ UNOFFICIALLY CLOSES DOWN 7.33 POINTS, OR 0.13 PERCENT, AT 5,431.23
U.S. CRUDE OIL FUTURES SETTLE AT $53.77/BBL, DOWN 29 CENTS, 0.54 PCT
DOE Crude oil inventories for Dec 23rd week +614 vs -1500K est.
Two strong auctions in a row. Today's auction follows smoking 5 year auction from Wednesday.
EUROPE'S STOXX 600 PROVISIONALLY CLOSES 0.4 PCT LOWER
BRITAIN'S FTSE 100 PROVISIONALLY ENDS AT RECORD CLOSING HIGH OF 7,109.95 POINTS
GERMANY'S DAX FALLS 0.3 PCT, FRANCE'S CAC 40 DOWN 0.3 PCT
European stocks end mostly lower on the day
( Much More On US Sanctions On Russia At Twitter TL.)
Putin approach - rather than tit for tat sanctions , seems to be Russia taking the high road and simply waiting out Obama Administration...
Russia to expel 35 U.S. Diplomats , close Int'l Day School & ban U.S. from using a recreational site outside Moscow & warehouse in Moscow.
And Russia set to engage in "tit for tat" retaliatory sanctions....US expels 35 "diplomats" on Thursday , Russia Follows suit Friday.
Russia fires back after sanctions by closing international school: report http://hill.cm/rVlbwUv
@fredwalton216 CNN also reported that a U.S. embassy vacation house in Serebryany Bor near Moscow will be closed as well. 2
Russia Warns Of "Proportional Response" To Obama Sanctions' "Signs Of Real Paranoia" http://www.zerohedge.com/news/2016-12-29/russia-responds-obama-sanctions …
Conway: Obama's actions against Russia "largely symbolic http://hill.cm/QJ3Gu7z
.@realDonaldTrump's response to US retaliation for Russian hacking begins again with a call to "move on"
Trump on Russia hacking: "Time for our country to move on to bigger and better things. Nevertheless" will meet with intelligence community.
Here is the full report from FBI and DHS concerning the russian cyberhack.
https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20161229.aspx … Here is the official announcement of new russia sanctions from Treasury Department
Here is the meat of the announcement related to actions taken in response to alleged russian hacking.
Apart from expelling the 35 "diplomats" , Russia to be denied access to Compounds in NY and MD- effective noon Fri.
Experts interviewed by @MoscowTimes seem underwhelmed by Obama's sanctions on #Russia's diplomats & intel agencies. https://themoscowtimes.com/news/outgoing-obama-administration-fires-off-new-sanctions-at-moscow-over-cyberattacks-56701 …
Obama warns US will continue to take unspecified actions against Russia, says not all of it will be publicized.
Naturally , Russia will engage in tit for tat sanctions...
School board demands resignation of Paladino, Trump's former NY co-chair, after his racist comments about the Obamas http://thebea.st/2hAB3ge
China warns against allowing Taiwan leader to land in U.S. next month: http://hill.cm/U07w6AS
US Denies It Created ISIS, Accuses Turkey Of Spreading "Fake News" http://www.zerohedge.com/news/2016-12-29/us-denies-it-created-isis-accuses-turkey-spreading-fake-news …
Report: U.S. scrambling to explain support for anti-Israel UN resolution
This is good news , if confirmed as factual.
NEW: GOP Readies Swift Obamacare Repeal With No Replacement in Place https://www.bloomberg.com/politics/articles/2016-12-29/gop-readies-swift-obamacare-repeal-with-no-replacement-in-place … Republicans differ on how long to delay repeal.
"Honestly, it’s a very routine thing. It’s not a big deal. You people are making that a big deal," Trump to press, on plan for his business.
Trump, to press last night, on Obama's call: "I'm getting along very well with him, other than a couple of statements that I responded to."
Lawmakers from both US political parties denounced Kerry's Israel speech. Europe liked it, Arab states didn't care.
Europe In Focus.....
The Queen is NOT dead: False rumours of monarch's demise spread across Twitter sparked by fake BBC account http://www.mirror.co.uk/news/uk-news/queen-not-dead-false-rumours-9533467 …
Greek Deputy FinMin Sends MoU to Pertinent Ministers Regarding 2017 Budget http://dlvr.it/N06l7y #Greece
Horrible news regarding missing Greek Ambassador to Brazil...
Concerns Arise With Parliament’s Amendment Allowing Rehire of Municipal Contract Workers http://dlvr.it/Mzyhng #Greece
ITALY PM GENTILONI SAYS IMPLEMENTING DECREE TO SAVE BANKS WILL BE LONG AND COMPLICATED
*EU APPROVES LIQUIDITY SUPPORT FOR MONTE DEI PASCHI
Would not be shocking to find out the Russian intel services are spying on Germany. Spies will spy.
23 year old Tunisian allegedly plotted attack in Italy...
German states seek 15.6 bn euros to cover refugee costs from Federal Gov't.
After their investigation, German Authorities release the unnamed 40 year Tunisia man. Not contact of the killer.
BREAKING: Germany to release Tunisian detained in connection with Berlin truck attack - spokeswoman for federal prosecutor
Something to keep an eye on....
Jamal Zubia filed a lawsuit in a local court vs PC-plans to file a/o case w/ Int'l Crim Court on charges of forced disappearance & torture.
Haftar is sending reinforcement to the 12th Brigade in the South and #Misrata is sending BAM forces to help the 3rd Force. #Libya #Fezzan
Misrata’s Third Force commander vows to stay in south as LNA orders it out https://www.libyaherald.com/2016/12/29/misratas-third-force-commander-vows-to-stay-in-south-as-lna-orders-it-out/ … via @libyaherald
Egyptian President El-Sisi pledges support for Libya's national sovereignty & territorial integrity in meeting with HoR Pres Agila Saleh
Syrian army announces ceasefire,excluding IS,Jabhat al-Nusra (Jabhat Fatah al-Sham), & "the groups connected w/them" http://www.sana.sy/?p=488334
1— Here's what we know so far about the #Syria ceasefire: Turkey+Russia have outlined an agreement, but warring parties have yet to sign it.
2—@TRTWorld has seen an unsigned draft of the deal from the #Syria'n opposition–it does *not* excluded by name any armed groups except Daesh
3—The draft text I've seen excludes from #Syria ceasefire "military headquarters of Daesh + other terrorist groups designated by the UNSC."
4—The ceasefire agreement as it stands cites locations (specifically military HQs) instead of groups, which can be located anywhere.
5—#Syria'n opposition officials directly connected to the negotiations said they pushed for this because past ceasefires have collapsed…
6—…bc #Syria'n regime considers all Idlib province "under terrorist control," and thus its entire territory (with its civilians) fair game.
7—Reports have said that there is an "agreement" for a ceasefire—
8—An agreement isn't a ceasefire until it's signed on the dotted line & given assurances from the warring parties that they'll stop shooting
9—#Syria'n opposition reps have told me this is a "very good sign" – but as with the many ceasefires that came before, they are skeptical.
10—Turkey and Russia gave assurances that they would guarantee the ceasefire — Turkey for the opposition, Russia for #Syria'n regime + Iran.
12—A few things we don't know about the #Syria ceasefire agreement: • Exact final text • How it will be implemented • Consequences if broken
#Russia allies agreed 2send forces2 al-Qaryateyn not #Palmyra (4now). Enlarging Aleppo sec perimeter a priority https://elijahjm.wordpress.com/2016/12/27/regional-and-international-balance-in-the-levant-2-russias-role-in-the-syrian-war-and-the-tactical-differences-with-iran … … …
Not a shocker - JFS punked a FSA outfit once again , stealing fuel and ammo while taking three bases ......