Tuesday, January 10, 2017

Economic News , Data & Views ..... January 10 , 2017..... Quick Hits For Tuesday -1) Markets : Asian Calendar For Wednesday ; Data And News Of Note ; US Stocks Indexes Have A Mixed Day - Nasdaq Up , Dow Down Slightly , S&P Basically ; Oil Drops Notably For A Second Straight Day , Additional News Of Note For The Oil Patch ; Additional Market News Of Note. 2) US Politics : Trump Cultivated By Russia For At Least 5 years - Claim In a Secret , Unverified Dossier ; Obamacare Repeal Reversal From PEOTUS ; Trump Presser On Wednesday Will Be Interesting - In Light Of Events Of Past Few Days ; Kelly & Sessions Confirmation Hearings Today ; Additional Transition Items & Political Hot Stove Items For Tuesday. 3) Europe In Focus -Italy's Five Star Movement Rejoins EFDD After ALDE Rejection , France Presidential Polling Data , Greece News Of Note , Brxit Related Items , Additional News De Jour. 4) Odds & Ends !



China's Vice FinMin has stepped down, Xinhua reports

Economic data due from Asia today (fuggedaboudit ... really)

PBOC sets USD/CNY central rate at 6.9235 (vs. yesterday at 6.9234)

China inflation: PPI surge "a notable increase in potential pipeline pressures"

NZ data - December ANZ Job Ads: +1.6% m/m (prior was +2.9%)


ForexLive Americas FX news wrap: Oil slumps for the second day. FX choppy

Nasdaq closes at another record high

U.S. crude futures settle at $50.82/bbl.⬇$1.14. -2.19%. _G7 volume: ~550k

US energy agency forecasts a boost in US oil output & higher demand

Oil - private inventory data shows a headline build

CRUDE +1.53mb GASOLINE +1.69mb DISTILLATES +5.48mb CUSHING -0.187mb

US Politics.....

Can't make the up - just a hoax foisted upon overeager MSM ?

Dossier says Russian regime has cultivated Trump for at least 5 years, and "his conduct in Moscow has included perverted sexual acts."

Will be interesting to see if this has legs. Information has not been confirmed at this point.

DHS nominee John Kelly distances himself from Trump over border wall and Russia

Trump changes position on Obamacare repeal. Today's position- immediate repeal and very fast replacement.

Uh oh: Senate GOP moving towards delaying repeal of ObamaCare … as Trump demands no delay

Preview: Trump to hold first press conference since July. What it means for markets

One question-just why did the DNC deny several requests by the FBI for direct access to allegedly hacked servers ?

Sen. Ron Johnson says interruptions like those at Sessions hearing "will not be tolerated" at this afternoon's hearing for DHS nominee Kelly

DHS nominee John Kelly agrees with intel community's Russia conclusions "with high confidence"

GOP slows pace of confirmation hearings

Sessions: Waterboarding is illegal and I oppose a blanket ban on Muslim visitors

More Sessions: Racism allegations “damnably false”

Wonder why there hasn't been a "crimes report" , after all of this time ? Criminal activity started in the summer.

Comey: Russians got far deeper, wider into DNC than RNC. Hard to say why, but similar techniques used in both cases. Phishing attempts, etc.



"There is no evidence that the Trump campaign or current RNC was hacked"~ FBI's Comey to Senate Intelligence Committee

Sessions: I’d recuse myself from decisions relating to Hillary investigations


WaPo writer ponders how to “remove Trump from office” before he’s even sworn in


France, Ifop poll: Le Pen (FN-ENF): 26% ↑ Fillon (LR-EPP): 25% ↓ Macron (EM-NI) 19% ↑ Mélenchon (FG-LEFT): 12% ↓...

Metro stations to host homeless for third week in a row

Prosecutor objects to extradition of two Turkish officers

Ministry calls for prudent use of electricity as cold snap set to continue

Banks waiting for three key legislative steps to tackle NPLs

Five Star Movement will stay in EFDD after all...

BBC News - Snapchat sets up international headquarters in London

Odds & Ends.....


SAA may be joining fight against ISIS at Al Bab ! Agree this is a big development, if this is what occurs...

Great read from Elijah ! One thing for sure , fighting in Syria set to continue for quite some time...

Tough decisions lie ahead as Al Bab bring US - TUR & US Kurds relationships to a "chose one" moment - for the US.

Al Qaeda fighters make donation of weapons to Syrian Security Forces , as a result of ambush..

REPORT: "Ghost towns" fall outside ceasefire as water war intensifies outside Damascus. "Wadi Barada towns emptied."


forbids selling or wearing Burqa on its soil 4 security reasons: Internal security was given orders2 immediately implement the law

Iraq - Mosul.....

map update. FYI- forces have moved in to ruins & university moments ago.

almost giving up on left bank. University & historical sites surrounded. sec winning more ground

Libya ...

( Much More At Twitter Time Line)

n Political Dialogue meeting in Ghadams postponed. Logistics not ready. Municipality says no prior coordination

6 hours ago
Agila Saleh invites Russian Foreign Ministry to pay a visit to Libya to discuss war on terrorism

offers ships, unmaned aircrafts and radars to help combat the influx of illegal migrants

Total blackout in South Libya after gas pipeline closed at Bir Terfas (south of Zawiya) & Zawiya power station turbines drop out: GECOL

In Brief

In Brief

In Brief

In Brief

Jonathan Winer: The United States will not intervene against any party in , except for the terrorists.

Fayez Serraj will travel to Cairo on Wednesday to meet with Egyptian officials.


9 Killed, 16 Injured In Guesthouse Explosion

- 2 blasts reported at a Kandahar guesthouse during meeting between UAE envoy, Kandahar governor & police chief

- early reports indicate envoy & Kandahar police chief uninjured but governor wounded in explosion at city guesthouse

Twin blasts directed apparently at Parliamentarians and staff -death toll 27 , wounded 70.