Thursday, January 12, 2017

Economic News , Data & Views..... January 12 , 2017..... Quick Hits For Thursday -1) Markets : Asian Economic Calendar , Data And Markey Moving News ; US Markets - Moderately Red Day For US Indexes , Oil Bubbly today , Gold Started Strong But Finished Modestly Lower , Treasuries Fizzle From Earlier Sizzle After Weak-ish 30 Year Auction ; FTSE The Star For Europe's Indexes , Dax , CAC & MIB Show Red Today ; Financial News Touching On Europe ( Italy , Greece & Germany , France , Hungary In Focus ) ; Additional Items Of Note. 2) US Politics : Transition Related News ; Emailgate Investigation - FBI To Be Probed By Inspector General ; Additional US Politics For Thursday ; 3) Libya - News De Jour . 4) Odds & Ends





Markets......




Asia....






 

Happy Friday! Asia Wrap: Yellen says econ performing well; China trade recovery falters; Japan watching the yen; U.S. bank earnings eyed








Economic data due from Asia today ... low tier, but we do get a Yellen speech






PBOC reported to ask banks to balance yuan inflows with outflows









China Dec Exports in USD -6.1% (blue line), Imports +3.1% (red) Exports in negative growth YoY for 9 months...










China's overall trade surplus for 2016 at $510 billion.







CHINA DEC. EXPORTS -6.1% Y/Y IN DOLLAR TERMS; EST. -4.0% CHINA DEC. IMPORTS RISE 3.1% Y/Y IN DOLLAR TERMS; EST. 3.0%







CHINA EXPORTS FELL 2% IN 2016 IN YUAN TERMS: CUSTOMS CHINA IMPORTS ROSE 0.6% IN 2016 IN YUAN TERMS: CUSTOMS







China fixes Yuan at 6.8909 vs 6.9141 last







― OKCoin Disputes Bitcoin Use in Capital Flight as PBOC Mulls Regulations via →






PBOC on site checks on the major chinese bitcoin exchanges will last a week. Expect price volatility !








China Daily: Tillerson's South China Sea views "disastrous...mish-mash of naivety, unrealistic political fantasies"







Tillerson remarks "not worth taking seriously- mishmash of naivety, shortsightedness, worn-out prejudices & unrealistic political fantasies"







New Zealand - Card spending (December), Retail -0.1% m/m (expected +1%)




The cost of protection against swings in the Japanese yen is now at the highest level in over 3 years








US & Europe Markets.......







A down day in stocks seems like an up day. Close near highs.





ForexLive Americas FX news wrap: The reinvestment debate begins




Europe.....







European close: FTSE extends winning streak to 13 days






Euro zone finance ministers to discuss rescue for Italy's Monte Paschi on January 26





DJ VILLEROY DE GALHAU: ITALIAN BANK DIFFICULTIES ARE MANAGEABLE, BUT URGENT







*UNICREDIT SHAREHOLDERS APPROVE EU13B RIGHTS OFFER








Four in 10 restructured loans need fresh settlement plan









Cash to last up to May at the latest










Athens rebuffs reports that more tax, pension hikes are in store









Major cuts to pensions for those retiring this year









No date for the return of the institutions in Athens decided the EWG tonight. More progress needed.Not good outcome for government.








New asylum seekers to be returned to Greece from Germany-beginning in March. More financial pressures for Greece.











The Softex refugee camp is just outside the suburb of - within sight of a city of 1 million.











DJ CEO MARCHIONNE: FIAT CHRYSLER "WILL SURVIVE" ANY EPA FINE RELATED TO ALLEGED EMISSIONS VIOLATIONS










Tax cuts coming and so is Merkel's next term as Chancellor , if they go through..








Germany fin min says tax cuts coming





SPOKESWOMAN FOR BRITISH PM MAY SAYS PM WILL MAKE SPEECH ON HER APPROACH ON BREXIT ON TUESDAY TO PROMOTE GLOBAL BRITAIN










Theresa May to deliver major Brexit speech on Tuesday




minister: government introduces mandatory detention of asylum-seekers, against EU law, locking up everyone
















US Politics......






DOJ INSPECTOR GENERAL LOOKING INTO ALLEGATIONS ASST AG FOR LEGISLATIVE AFFAIRS IMPROPERLY DISCLOSED NON-PUBLIC INFO TO CLINTON CAMPAIGN. NBC







"Getting 60 votes on a replacement plan from Senate Democrats will be problematic. They have said they have no desire to help,” Rep.Meadows.











Dem senator: Chances of keeping ObamaCare are “very good”







.: I'll help GOP 'repair' Obamacare









Leaking to be probed...









FBI's conduct to be reviewed regarding Clinton Email investigation.








As per Politico-Ukraine Gov't attempted to boost HRC in Election 2016 & DNC allegedly had contact w/ Ukraine Gov't.








Sen. Warren spars with Dr. Carson over Trump business interests







Intel Cmte chair Burr calls recess until lights come back.







I'll have to review the tape but I believe this is where Warner was when the power cut out








New CIA head agrees w/ outgoing Pentagon head Ashton Carter: Russia has other motives than fighting Daesh in MENA.








Russia appropriately noted as one of the major hot stove concerns..











Pompeo says while opposed Iran deal, if confirmed as CIA director, his role will change, focus on collection to make objective judgments








Senate panel advances James Mattis waiver to run Pentagon








NEW: Mattis cruises through confirmation hearing









Coming from Mattison in his confirmation hearing. .








Gen James Mattis: World order is under biggest attack since WWII, mentions Russia, terrorist groups, South China Sea. Calls for deterrence.







says Iran nuclear deal "is an imperfect arms control agreement, it’s not a friendship treaty" but US must uphold.






Breaking with Trump's past comments, Mattis says: "I would see us maintaining strongest possible relationship with NATO"








US files WTO Trade Complaint against China regarding aluminum dumping..







Amazon says it plans to create 100,000 full-time jobs in US by 2018.










Last night Graham told me he likes Tillerson, but is still undecided on his nomination.








Government ethics chief: Trump's business plan is "meaningless"










JUST IN: Rudy Giuliani to advise Trump on cybersecurity










DNI Head James Clapper met with Trump and expressed profound dismay over the leaks to the media.








Libya.....







GECOL update on status of power crisis in Libya..










The Elders and Dignitaries of Cyrenaica nominate Ali Qatrani to represent them politically & internationally.









Hollande: The partition of is not an option








13 members request to freez the Const work and apply 1951 constitution and to take responsibility of the king. More bad news








more bad news in terms of the disagreement withen the CDA , you have 17 members boycotting and now 13 towards other direction







Presidential Council tasks army units with confronting armed groups supporting Khalifa Ghwell.








Following alleged seizures of Ministries-unconfirmed reports that Tripoli Revolutionaries’ Brigade has declared a state of emergency.









Fitting and symbolic: On this day when Ghwail retook the MOD, Barghathi was there with 's Gen. Serra, and Sarraj is not even in











Leader of Salvation Gov't takes 5 ( or 3 ) Ministries in Tripoli , HoR seizes Tourism Authority HQ - where is Serraj ?









Tripoli-based salvation government says it has taken control of three gov HQs from UN-proposed gov. Defense, Martyrs Affairs and Labour









| Defence Ministry taken by Salvation Govt - PM Ghwel officially announced. Meanwhile PM Serraj in Egypt for talks with El-Sisi










Following up on apparent mini-coup in Tripoli , by forces allegedly aligned with Kalifa al-Ghweil..









72 hours without electricity in . Only 4 hours of power today in . No water, no gas, no petrol, nobody cares.








Strange. Esp. as Kara & Co., who r supposed 2 b protecting GNA buildings, don't appear 2 b making any defensive moves.







- president of EU Council for first time - says EU will look at migrant deal with like . UN scoffs at







supporters from opens thier own HoR in the Ministry of Tourism building in with lots of misspellings









Ministry of Tourism emplyees in protest against members took thier offices











Odds & Ends....







Brawl in Turkey's Parliament as Constitution Reform Package debated...








US - Turkey relationship fissures on display...










Security forces multiple tasks: not only fighting but also securing civilians in :Watch











This is how is falling apart fast n : green area liberated & cleaned. Middle: ancient city and University (under fire)










Not surprised Jordan seeks aid to assist with ongoing refugees related costs..







Syria.....





Theories floated as to why Israeli A.F may have hit Syrian Military Base..

















Russian-Turkish ceasefire in Syria is still in effect due to Erdogan despite discontent from the Opposition








Talks in Astana-Kazakhstan are expected to begin later this month with Trump entering the White House









Putin discussed Astana talks and Syrian ceasefire in phone calls today with Kazakh and Turkish counterparts









No deal. Wadi Barada battle continues as SAA advances in Baseemah








The Syrian water crisis is so big you can see it from space










6 reported deaths , so far.










Ataque suicida en deja 7 muertos y 7 heridos
Translated from Spanish by 
Suicide attack in leaves 7 dead and 7 wounded