Friday, February 3, 2017

Economic News , Data & Views..... February 3 , 2017.......Quick Hits - 1) US & Europe Markets : US Stock Indexes End The Week On A Strong Note After US Employment Report ; Oil Ends Modestly Higher , Gold Avoids Being Pummeled , Bonds Recover Slightly Today ; Non Farm Payrolls Beat Expectations , Unemployment Ticks Higher , All The Pertinent Data From The Employment Situation Report ; FTSE Up 0.8% , DAX Up 0,3% , CAC Up 0.7%. 2) US Politics : US Sanctions Iran & Iran Responds In Kind ; Obamacare Related News ; NAFTA Related News ; Executive Action On Dodd- Frank Signed ; Dems Still Fighting Among Themselves ; Additional Items Of Note. 3) Europe In Focus - Terror Attempt In Paris ( Louvre) Today , EU Meeting In Malta , Key News From Greece , Russia Related Items ( Libya & Ukraine In Focus. ) 4) Odds & Ends.




Markets..........




US & Europe Markets .....





US stocks end the session with decent gains.






Forexlive Americas Forex news wrap: US jobs strong. Wages disappoint.



US crude oil futures settle the week at $53.83/barrel




US Change In Private Payrolls Jan: 237K (est 175K; rev prev 165K) -Manufact. Payrolls Jan: 5K (est 5K; rev prev 11K)




US Change In Nonfarm Payrolls Jan: 227K (est 180K; rev prev 157K)





US Unemployment Rate Jan: 4.80% (est 4.70%; prev 4.70%) -Underemployment Rate Jan: 9.40% (prev 9.20%)




US Average Hourly Earnings (MoM) Jan: 0.10% (est 0.30%; rev prev 0.20%) -Avg Hourly Earnings (YoY) Jan: 2.50% (est 2.80%; rev prev 2.80%)




US Average Weekly Hours All Employees Jan: 34.4 (est 34.3; rev prev 34.4)





US Labour Force Participation Rate Jan: 62.90% (prev 62.70%)












US Briefing 03-Feb-17: Eyes On NFPs, UK Services PMI Slips Signalling Economic Headwind







Composite rises to 55.8 in Jan'17 (54.1 - Dec'16). Strongest rise in private sector output since Nov'15.







BRITAIN'S FTSE 100 UP 0.8 PCT, GERMANY'S DAX UP 0.3 PCT, FRANCE'S CAC 40 UP 0.8 PCT






US Politics.....




Countries charge U.S. companies taxes or tariffs while the U.S. charges them nothing or little.We should charge them SAME as they charge us!






We must keep "evil" out of our country!






A new radical Islamic terrorist has just attacked in Louvre Museum in Paris. Tourists were locked down. France on edge again. GET SMART U.S





Meeting with biggest business leaders this morning. Good jobs are coming back to U.S., health care and tax bills are being crafted NOW!





Iran is playing with fire - they don't appreciate how "kind" President Obama was to them. Not me!






 

12 hours ago

Thank you to Prime Minister of Australia for telling the truth about our very civil conversation that FAKE NEWS media lied about. Very nice!






Professional anarchists, thugs and paid protesters are proving the point of the millions of people who voted to MAKE AMERICA GREAT AGAIN!






Iran To Name US Individuals Involved In "Helping And Founding" Terrorist Groups








Mattis clarifies U.S. defense pledge, stays mum on host-nation support







Samsung mulls building US appliance factory







White House statement: DOJ will file an "emergency stay of this outrageous order" to defend Trump immigration order








BREAKING: Judge Robart enjoins all federal enforcement of key sections of . "This TRO is granted on a nationwide basis."







NEW: Federal judge in Boston declines to extend one-week freeze against Trump's travel ban






Big blow to Trump admin to lose Army Secretary pick. Viola unable to sufficiently untangle from financial holdings.






Interesting developments in Russian - US relations. Flynn and Bannon raising red flags for Russia.








Democratic Party internecine battles continue..









Another Flynn warning on Iran. says Iran senior leadership threatening the US.






BREAKING: Iran says it will reciprocate all the measures taken by the United States, including sanctions






Trump announces rollback of financial rules introduced after the 2008 crisis:






GOP lawmaker: ObamaCare can’t be "repaired"







BREAKING: # 2 official (DDIR) Rick Ledgett unexpectedly announced he's retiring, ostensibly for family reasons. IC RUMINT is flowing.






Trump wants to speed up NAFTA talks and make trade fair for all parties.





EU and Mexico acceleration of free trade talks spurred by Trump.







U.S. list of trade complaints may show what Trump will demand from Canada on NAFTA







GOP senator: "We only have so much power to repeal" ObamaCare







Trump sanctions •Asgharzadeh,Rostamian Networks •Navid Composite,Mabrooka Trading •IRGC-QF netwrk •Ali Sharifi






Senior US Officials in a 📞 : •Missile test triggered Iran sanctions •Larger process in review •Boeing deals not affected •Iran has a choice





Europe......







Der Spiegel or Der Bild ?












FRANCE: President Hollande says Trump should keep out of Europe's affairs because it 'is not his business to get involved in European life'







IMF Report on Greece Shows Contingency Fiscal Measures are Unavoidable













EU leaders hammer out Libya plan at Malta summit - Times of Malta






Why the Libya deal is unworkable - Times of Malta






The Louvre attacker is unknown to authorities.W/valid tourist visa.At his rented flat police found passport w/1 visa to S.Arabia,2 to Turkey






French media name the Louvre attacker as Abdallah E-H.,born in 1988. Justice say the passport photo is his. He is in very critical state





The Louvre attacker has Egyptian passport, 29 yrs old,flied with visa from Dubai on 26/1,return flight 5/2, bought 2 machetes in Bastille.






Rally outside Migration Ministry against camp conditions in Greece. (AP Photo/Thanassis Stavrakis)








NY-GERMAN FOREIGN MINISTER GABRIEL SAYSEXPECTS FIN MIN SCHAEUBLE TO DO EVERYTHING POSSIBLE TO KEEP EZ TOGETHER (thou doth protest too much)






Mody says IMF should get out of Greece program.








Tsipras, Merkel agree on need to speed up Greek bailout talks








All eyes in Malta appear to be on President Trump.








Just in: Over last 24 hours, records most intense firing on Ukrainian positions of last 12 months - Defense Ministry







Serraj expected in Moscow on Feb 4 (Tomorrow) to meet with Russian officials to discuss Libyan Dialogue &potential for new agreement.






A soldier shot a man armed with a machete outside the Louvre museum in Paris. The man carried two backpacks , no explosives were found.









*SCHULZ SAYS U.S. PRESIDENT TRUMP ENDANGERS DEMOCRACY: SPIEGEL // Says marxist who believes in unelected, unaccountable EU bureaucracy. LOL








CORRECT: 10y risk premium over Germany continues to rise on political risks. Now at 63bps, highest since Jan2014.











Libya launches huge investigation into oil smuggling to Malta, Italy, Greece and Cyprus - Malta Independent Online







Odds & Ends....







Whites risk marginalization, mosque shooting suspect told friend a day before attack








So , no audit records exist for period of 1954 through 1970.










D.C Conference on Libya scheduled for mid- February canceled due to the Travel Ban.....







MSF-Libya's a lawless state where migrants are starved, beaten, forced into slavery & “will not be fixed with some training and some cash”.








1. EU's Tusk trashes USA's Trump 2. UN-appointed GNA PM Sarraj trashes 3. Sarraj asks EU for money







*MEXICO SEEKS TO SPEED UP TRADE PACT PROCESS W/TURKEY: VIDEGARAY. BBG.






Yemen right now: -Rumors of imminent coalition amphibious assault on Hudayda -Major uptick in bombing of Sanaa -AQ surge in Abyan








SAA captures the town of Aran from ISIS , the last major ISIS stronghold before Al-Bab.







| Euphrates Shield forces captured Shamawiyah village South-West to Al-Bab








No need 2go to Idlib: AQ is taking care of increasing the level of infighting & discontent w/ rebels in the city.
















| Protest in Maarrat al-Nu'man against Tahrir al-Sham









Source to al-Jadeed: Large and unprecedented mobilization by IS in south Hasakah with arrival of senior figures from Iraq to Syria











Pics of Turkish APCs used by Euphrates Shield militants damaged/destroyed by mines planted by IS near al-Bab










meeting is almost dead: rebels who attended were attacked by and most joined either (who refused 2go) or .











Liberal governor rises to No. 2 in presidential poll as Ban bows out