Monday, January 23, 2017

Economic News , Data & Views .... January 23 , 2017 ...... Quick Hits For Monday -1) Markets : Asia Economic Highlights & Market Moving News ; US Markets - US Stock Indexes Modestly Down for Monday , Gold Up 5 Dollars , While Oil Off 47 Cents today , Bonds Catch Strong Bid Today ; Additional Items Of Note. 2) US Political Update For Monday - Appointments , Confirmation Hearings , Executive Orders Signed , Additional Items Of Note. 3) Europe In Focus - Key Matters For Monday From Germany , Greece , UK , France , Italy & More. 4) MENA Updates - Iraq - Mosul Updates & Additional News For Iraq , Syria State Of Play , Libya Items For Monday & Turkey Items De Jour.



Markets.....




Asia......





Economic data due from Asia today




China fixes Yuan at 6.8331, vs 6.8572







The BOJ owns two-thirds of all Japanese ETFs. The USSR is jealous






Japan Nikkei Manufacturing PMI Jan P: 52.8 (prev. 52.4); highest since March 2014 - New orders rise










1 hour ago
New Zealand - Services PMI for December: 58.4 (prior 57.9)




1 hour ago
Australia ANZ Roy Morgan Weekly Consumer Confidence Index: 117.0 (prev. 119.3)






US Markets......






Stocks closed lower again as uncertainty around Trump rattles investors







ForexLive Americas FX news wrap: US dollar stumbles




U.S. crude futures settle at $52.75/bbl.⬇$0.47. -0.88%. _H7 volume: ~402k







rallies to 2mth high as haven trades are back in focus.







US Treasuries rallied sharply Yield Check 2-yr: -5 bpts to 1.14% 5-yr: -7 bpts to 1.86% 10-yr: -7 bpts to 2.40% 30-yr: -6 bpts to 2.99%






US Politics......














1 hour ago
Incoming US Treas sec Mnuchin says that an excessively strong dollar may have a negative impact.









US Wrap 23 Jan 2016: Trump Continues To Dominate Markets








CDC cancels conference as New Administration comes aboard..








Fwiw-Trump Organization documents indicate Donald J. Trump resigned from 》 400 businesses before taking office.








Trump: Will Renegotiate NAFTA At An Appropriate Time






Sanders praises Trump on TPP withdrawl: I'll work with him on trade









Senate committee to vote on Trump's picks for Energy and Interior on Tuesday








Q: Can you confirm Trump won't send troops into Iraq to "take the oil"? Spicer: Trump doesn't tell people what he is or isn't going to take.







White House: Trump Keenly Aware Of How Important Social Security Is, Will Make Sure It Is Preserved And Protected








White House: There May Be More Executive Orders On Trade This Week







White House: The border wall is a serious priority





Pena Nieto: Mexico Will Immediately Seek Bilateral Deals With Countries In TPP







Pena Nieto: Will Seek Secure & Ordered Migration Policy At UN - Mexico Obliged To Take Steps To Defend Its Interests Given New Vision In US






US military flatly denies any joint US-Russian military combat missions in Syria.








NEW: Trump just signed 3 executive orders: 1. Withdrawal from TPP 2. Fed'l hiring freeze except military 3. Limit abortion funding overseas.






Asked his reaction to the emoluments lawsuit filed today, Trump answered: "Without merit." Per pool reporters in Oval Office.







"We did talk about the border tax quite a bit," Andrew Liveris to . "(Trump) is not going to do anything to harm competitiveness."






Trump on withdrawal from Trans-Pacific Partnership: "We've been talking about this for a long time," "great thing for the American worker."







On the subject of moving US Embassy to Jerusalem - the subject was barely discussed in yesterday's 30 minute call.








JUST IN: President Donald Trump intends to nominate Heather Wilson to serve as Secretary of the Air Force.





Trump meeting with business leaders today....pushing tax carrot for business leaders to remain in the US. ..








Federal lawsuit filed saying Trump is violating emoluments clause via . Says Trump facing "countless conflicts of interest."





Lawsuit filed by Citizens for Responsibility and Ethics in Washington in the Southern District of New York. Eisen, Painter, Tribe listed.







Lawsuit: "Those business interests are creating countless conflicts of interest, as well as unprecedented influence by foreign governments."






Will WikiLeaks become the darlings of the Democrats again with this tilt at Trump - or is it still too soon after Election 2016 ?










Another possible win for as Foxconn, Apple reportedly weighing a $7B US factory. Talking 30-50k jobs








Europe......






GERMANY: Merkel's advisors say they're struggling to open communication channels with Trump and have 'given up' on him acting 'presidential'







What to watch for in the Brexit Supreme Court ruling






France, Ifop poll: Le Pen (FN-ENF): 27% ↑ Fillon (LR-EPP): 25% Macron (EM-NI) 18% ↑ Mélenchon (FG-LEFT): 15% ↑...








ECB's Linde: EU leaders must answer for project





Merkel says refugee influx has 'significantly' decreased







Fillon advocates rapid integration of Eurozone member states, including a single Eurozone economic govt + fiscal harmonisation.







Thousands of Farmers with tractors block highways to protest taxation and social security contributions






Italian Constitutional Court due to rule Tue/Wed on Italicum electoral law, which is unfit for purpose anyway after December referendum.







Dairy Farmers spray milk powder to make their point in Brussels today...









UK Prime Minister May will meet with President Trump on Friday , to discuss trade/Brexit/NATO & fighting terror. .








Greece delays ruling on Turkish fugitive soldiers who fled after , decision now due on Thursday. 📖








Draghi observes "there is a disturbance in the force"...







Greek government positions will be presented orally in Thursday’s EG....








MENA.....




Iraq....




Defense Ministry announced east coast completely liberated.






Iraq doesn't make money from oil sales, but rather is dependent on international loans and dwindling reserves...








Syria.....





: *Extremely* significant 24hrs ahead now as ’s opposition face the choice of how to respond. seeking to deter future threats.






: JFS cut off internet access in parts of almost precisely as its forces launched the simultaneous assaults. Entirely pre-planned






: Multiple Ahrar al-Sham casualties reported in ’s attack on Al-Halzoun in western - site of Ahrar & Jaish al-Mujahideen HQs.







: In last 3hrs, JFS has attacked Jaish al-Mujahideen & Al-Jabhat al-Shamiya. = Faylaq al-Sham, Ahrar al-Sham & Suqor al-Sham responding.







: JFS diverted much of its force from sieges on Al-Fuah & Kafraya in order to launch simultaneous assaults on FSA in & W. .







BIG things happening in & western - JFS launches multiple attacks on FSA's Jaish al-Mujahideen, sparking broader conflicts.






: First day of Syria peace talks end without apparent breakthrough: sources - via





: "Our delegation's meetings are over for today," source close to regime team to . Rebel spox Yehya Aridi says opp meetgs done too






: Rebel spox Aridi says mtgs tomorrow expected to be "through mediation," described TK-RU-UN-opp meeting today as "long, productive"








Egyptian guy in Ahrar al-Sham announces resignation









At least 14 US-made BGM-71 TOW missiles confiscated by Syrian intelligence in Damascus after failed smuggling attempt.









Important (JFS) said Jund al-Aqsa is no longer part of AQ, accusing both Ahrar & Jund of not respecting ceasefire & deal between them.







RuAF Tu-22 long range bombers were active again over DeirEzzor today








After capturing the Cemetery Hill, SAA are now attempting to retake the Junayd Company in order to reopen the land supply route to Airbase






Free Syrian Army (FSA) also withdrew from talks in protest to SAA's continued assault on Wadi Barada, saying it violated ceasefire https://t.co/VqCIrdZxWI







Major rebel faction active in Hama, Homs, Damascus & Idlib, , boycotted talks due to continued assault on Wadi Barada https://t.co/gi1gwcOpX7






FM Bashar Jaafari gave short presser in – He walked out after apparently getting upset by a question from Al Jazeera








Rebels in Astana represent a small minority of any-gov forces on the ground. Will lead to something in their area only







The discussion in begins with closed doors now .







Long hours of meeting took place yesterday among , discussing maps and important issues related to military map.








Libya.....












General Command of the Libyan Armed Forces: Putting together final plan to liberate the Ganfouda area of







FM Sameh Shoukry will visit tomorrow to discuss crisis






Round up of news for Monday.....







Joint Initiative of Tunisia, Algeria and Egypt tries to address thorny political issues bedeviling Libya.










Power network recovered , need for load sharing still needed for collective good across Libya.









spox of 'first time since beginning of forces of sector4 west of united w sector1 east of '








massive clashes bw and extremists of Ansar Sharia and IS west of . LNA making huge advances to liberate .








Not clear if will appoint a special envoy to or choose to reduce U.S. involvement in altogether.







Water supply returns to Tripoli
















Libya's oil production has fallen by 60,000 bpd after an electrical fault at the Sarir oilfield- so , from 700K to 640K bpd.








Unconfirmed reports regarding the arrestation of Faraj Jadhran - brother of Ibrahim Jadhran - in Mitiga airport by Special Deterrence Force.









Turkey.....





























Erdogan methodically moving toward becoming Sultan of Turkey , while europe and US stand by watching...








Turkey now asks Switzerland to pursue Erdoğan critics on social media ||







Turkish court jails 19 more military officers over smart phone app use ||









PURGE IN PAST WEEK: 1,218 detained, 572 arrested in post-coup operations ||











Turkey keeps 287 lawyers under arrest as part of post-coup purge ||








[BREAKING]: New gov't decrees shutter 2 more TV channels, dismiss another 367 from state institutions