Wednesday, January 18, 2017

Economic News , Data & Views.....January 18 , 2017 ...... Quick Hits For Wednesday -1) Markets : Economic Calendar For Asia And Data & News As Available For Thursday ; US Stock Indexes Mixed On Wednesday , Yellen Speech & Beige Book Move US Bond Yields Notably Higher ; Oil Has A Red Day ; Europe Indexes Mainly Higher & ECB On Deck For Thursday Morning. 2) Europe In Focus - Top News From Europe For Wednesday. 3) US Political Roundup - Transition Items , Political Fodder For Wednesday. 4) Odds & Ends - Libya , Turkey , Iraq & Syria In Primary Focus.



Markets....



Asia......





Economic data due from Asia today (Australia jobs report)





China's holdings of US Treasuries fall by most since 2011, 6th straight month of decline- PBOC burning through reserves to support the yuan.








has injected total 1.035 trillion yuan liquidity via open market operations so far this week









cut 's fixing by 43bp to 6.8568 per USD, vs previous 6.8525







Australia jobs report (December) - Employment Change: +13.5K (expected +10K)








Japan press: BOJ to consider upgrading growth forecast, but remains cautious on inflation







New Zealand - BusinessNZ Manufacturing PMI (December): 54.5 (prior 54.5)



New Zealand Building consents (permits) for November: -9.2% m/m (prior +2.6%)




US & Europe.....






US stock indices end the session mixed





Foreign Central Banks selling Treasuries like there's no tomorrow. ..







Chart: Mexican peso, Canadian dollar hammered as Wilbur Ross promises to quickly renegotiate NAFTA -







China's U.S. Treasury Securities Holdings 1.049 Trln Dlrs In Nov Vs 1.116 Trln In Oct --Rtrs







ECB meets Thursday - what to expect (preview)





Yellen Q&A from SF speech





Fed's Yellen: Next rate hike depends on economy 'over the coming months'





Productivity still a headwind for Yellen




US TREASURY YIELDS RISE TO SESSION HIGHS AS YELLEN SPEAKS, 10-YEAR NOTE YIELDS INCREASE TO 2.40 PCT













El-Erian on Yellen - says her comments were more dovish than he expected







Oil - private inventory shows a headline draw




US crude oil futures settle at $51.08 barrel



Feds Beige book. Many districts see job mkt tightening. Wages gain.



The winners and losers at the European close



Europe.....





Germany prepares for Greece Bailout Program without the IMF , but will the Bundestag go along with this plan ?







EU envoy to discuss crowded migrant centers with mayors






Macron catching on in France...keep your eyes on this development !






In case there any doubt in minds , these exit negotiations are going to be bitter and personal..






MONTE DEI PASCHI'S FIRST BOND UNLIKELY TO BE SOLD ON MARKET, WILL INSTEAD BE RETAINED AND USED IN REPO DEALS-SOURCES









Tuesday January 24th set as the date for Supreme Court's Brexit decision..








BREAKING: UK Supreme Court says it will give ruling on Article 50 trigger case on Jan 24.






SAID TO PLEDGE TO RESPECT EU RULES ON BANKS IN LAST EWG - BBG





EWG WAS TOLD NEEDS MORE STEPS TO MEET 2018 TARGET: DOC. - BBG





EU'S JUNCKER SAYS WILL BE VERY, VERY, VERY DIFFICULT NEGOTIATION





EU demands more Budget cuts from Italy...





Deutsche Bank scraps bonuses for its bankers and traders...






Greek PM Tsipras: 2nd Bailout Review To Close Without Legislating New Measures After 2018 – RTRS






German FinMinistry Spokeswoman: Continue To Expect IMF Involvement In Greek Aid Package - RTRS






German FinMinistry Spokeswoman: IMF Involvement Has Been Promised And Is 'Necessary' - RTRS








US Politics.....






JUST IN: Sonny Perdue to be named US Agriculture Secretary







NEW POLL: Vast majority of Americans believe US will pay for border wall









Trump gives EU leadership a bit of a snub...










Betsy DeVos: What Trump is describing in the leaked tape is sexual assault







Man sets himself on fire outside Trump hotel

















GOP senator: Obama has been a good role model







It's surprising, but Ryan and Bannon are getting along:








Assange's lawyer today , spinning a different tale than yesterday , it would appear...








James Mattis confirmed as new head of the Department of Defense.








Let's see what is found...







Bomb threats made against dozens of Jewish centers and schools nationwide







Trump to take handful of executive actions on Day One: transition







Manning's commutation - after Manning plead guilty to leaking 700K classified files , pounced upon by Trump Team.








Fort Lauderdale mass murderer claims he was inspired by ISIS. I guess Satan was busy that day...






NAFTA talks to begin swiftly. ..







Odds & Ends....




Libya.....



( Much more at Twitter T.L.)










One version as to how the big blackouts of 2017 started.....






The issue will be relatively solved, power cuts will still continue, lets see what the prepared for us tomorrow.





Gas piplines to reopen to feed the station, after the release of kidnapped people in .





Traffic at - border crossing Ras Ejdir resumed today in both directions. Ben Gardane protesters allowing Libyan families thru.







Southern MPs suspend their HoR membership in solidarity with southerners and address urgent demands to HoR presidency









South Libya mayors declare their region a "disaster area" after 10 days of power outages, call on state bodies & southern reps to respond







For now just talking , talking , talking...










 


In Brief








Iraq.....






Interesting news item...







Announcement made East Mosul freed from ISIS control....






CT forces liberate the archeological sites of east (Map by - zone in orange). .





Turkey....






LATEST — Parliament approves 5th article of new constitution in second round of voting with 342 'yes' votes













Syria....




Russia and Turkey conduct joint airstrikes at Al Bab , coordinated with Damascus.

















Despite some reporting to the contrary recently , it appears Ahrar al-Sham will not take part in Syria Peace Talks.








: Media activists from tell IS executed 10 Syrian soldiers last night in Deir Ezzor by running over them with tanks.