Thursday, February 16, 2017

Economic News , Data & Views......February 16 , 2017......Quick Hits For Thursday -1) Markets : Economic Calendar For Friday ( Asia) , News & Data Impacting Asian Markets ; US Markets - After The Torrid Stretch US Stock Indexes Have Been On , Mixed Day Today With Dow Slightly Up & S&P / Nasdaq Slightly Down , Gold Up 6 Dollard , WTI Off 31 Cents , Additional Items Of Note For US Markets. 2) US Political Scene - Trump Tweets , Trump Presser , Cabinet Selection / Confirmation Updates & More. 3) Europe In Focus - Top News Featuring Greece , France , UK And Broader Europe. 4) Odds & Ends.



1 hour ago
Here's all the Economic data due from Asia today! (it's a short post)

Australia Issues AUD 600 Mln Worth Of 1.75% 2020 Bonds At An Average Yield Of 2.1157% (prev 1.93%) BTC 5.86 (prev 5.47)

Singapore GDP (QoQ) Q4, F: 12.3% (est 12.6% prelim 9.1%) -GDP (YoY) Q4, F: 2.9% (est 2.5% prelim 1.8%)

Singapore GDP Annual Growth (2016): 2.0% (prev 1.8%)

NZ Q4 Retail Sales (excl. inflation): +0.8% q/q (vs. expected +1.0%)

BusinessNZ manufacturing PMI for January: 51.6 (prior 54.5)


1 hour ago
The $17bn trade-gone-wrong fund says nope, not us... "Greatly exaggerated"

US stocks end little changed but lower. Record closes, stop.

1 hour ago
ForexLive Americas FX news wrap: Trump made things interesting

US Politics.....

FAKE NEWS media, which makes up stories and "sources," is far more effective than the discredited Democrats - but they are fading fast!

The spotlight has finally been put on the low-life leakers! They will be caught!

Leaking, and even illegal classified leaking, has been a big problem in Washington for years. Failing (and others) must apologize!

Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism - even before tax plan rollout!

ODNI flat out denies either withholding information or not providing best possible intel to POTUS & his N.S. Team...

Trump lovefest with the media continues in an interesting press conference...

Longest pres news conference I can remember: 1 hr 17 mins. Took, questions from 17 reporters.

"We had an exciting news conference before and some people loved it...nobody hated it," Trump says as he signs H.J. Res. 38.

Vice Admiral Robert Harwood turns down NSA position after he & White House had dispute over staffing security council.

Trump signed H.J. Res. 38, repealing the "Stream Protection Rule," an Interior Dept rule regulating coal mining waste.

"Unlike Andy Puzder, Alexander Acosta’s nomination deserves serious consideration," AFL-CIO President Richard Trumka says in statement.

We got some travel ban news in the latest DOJ filing in the 9th circuit:

Looks like the reboot on the Travel Ban Executive Action will be rolled out next week...


As far as I know, "no person" has been in touch, Trump says, when asked if any aides during the election had contact with Russia.

Trump says the American people want him to blow up the Russian sub off the East Coast, but that it's a bad idea.

Trump says Putin is probably thinking he can't make a deal with US right now because of the impact fake news is having on popular opinion.

Trump news conference grows more raucus as president says he's not ranting and raving, that he's having a good time taking on the press.

President Donald Trump abruptly announces he will hold a news conference today at noon ET. CBC to provide livestream (link to come).

Judge McCready rules (for the 2nd time)-citizen's misconduct complaint against Gov Christie has PC & can go forward.

"We're going to find the leakers," Trump told pool reporters at Congressional listening session. "And they're going to pay a big price."

The Senate has voted to confirm Rep. Mick Mulvaney as the next OMB Director, 51-49. Sen. John McCain was the only R to oppose him.

US Amb : We do support but in the same time we're thinking out of the box to reach a mutually agreed solution

A day without immigrants: businesses close as staff stay home to protest Trump.

US Secretary of State has 1st face-to-face talks with Russian counterpart. Tillerson says he told Russia to keep commitments on Ukraine. 1/2

Lavrov says he expects Putin and Trump to meet shortly, but no date set. Also says sanctions did not come up in talks with Tillerson. 2/2

Leaks of potentially classified information , not Flynn ties to Russia , could be the subject of DoJ investigation.



German Government Does Not Change Its Stance on Participation of IMF

Creditors ask Athens to sell 40 pct of PPC plants

Regling says Greece may return to markets in summer 2018

Excellent report on tortured and doomed to fail bailouts of Greece....

EU official signals hopes for deal at EG on February 20th unlikely , focus will shift to March (then April , May.)

Greece takes hardline against further austerity.


Such fascinating timing....almost as if almost someone wanted to extend a lifeline somewhere...

By coincidence-w/ French Election gearing up & Trump battling IC community in the US , Wikileaks stirs waters today.

Macron draws flak from Le Pen and Fillon after controversial comments on Algeria.

France, Opinion Way poll: Le Pen (FN-ENF): 26% ↓ Macron (EM-NI) 21% Fillon (LR-EPP): 20% Hamon (PS-S&D) 16% ↑...


1 hour ago

Britain seeking offset of brexit bill from EU , by seeking its share of EU assets-obviously will be contentious.

The Known Unknowns of . One thing is clear: EU will lose it's 2nd biggest paymaster.

Write to your MP and demand UK control of UK waters. Please share and retweet...

ECB/EZ/EU/ Additional Items....

Germany's 2y yields jump following minutes: ECB may tweak QE cap key rules & buy more peripheral bonds rather than Bunds < deposit rate

Odds & Ends.....


⚡️ “Third arrest over death of Kim Jong-un's half brother”

announces readiness to work both inside & outside in response to a Pres. Council request for help

Odd , not clear who is in negotiations with Egypt , but why is this 2bn deposit not able to be returned to Libya ?

He's hoping that all who celebrate February 17th - enjoy it safely and reflect on the way forward for Libya.

Torch Relay has taken place in many Libyan cities ahead of Friday celebrations of the 6th anniversary of 17 February revolution

All three of China's big three bitcoin Exchanges have now hated withdrawals temporarily....

Baghdad car bomb kills 51 as Islamic State escalates insurgency

Over 100 Muslims killed by ISIS in Pakistan & Iraq. 1) V little media coverage in the West. Shameful. 2) Muslims still blamed for ISIS (!)

: Alloush says pledged to: -stop shelling rebel areas -push for detainees release -send schedule for end of E. Ghouta siege

: Alloush tells gathered press that reason there was no final statement was that mtg "didn't achieve anything practical" - via

is over 4 today. One step in 1000 miles toward a general cease-fire in . Another meeting expected in March, after