Wednesday, March 1, 2017

Economic News , Data & Views ..... March 1 , 2017......Quick Hits For Wednesday -1) Markets - Economic Calendar For Thursday In Asia , US To Explore Use Of Military Force Against North Korea , Additional Items Of Note For Asia ; US - Another Day Of All Time Highs As Dow Cracks 21,000 , Trump Address To Congress Better Than Expected Fuels Economic Optimism Today , Fed Speaker Brainard Discusses Fed Policy & The Economy. 2) US Politics : Trump Speech To Congress Generally Received Well ; Round Up Of Key Political News From D.C. 3) Europe In Focus - News Touching On Greece , UK , EU & France In Primary Focus. 4) Odds & Ends - Syria , Libya & Iraq News Of Note.





Markets....



Economic data due from Asia today (and another Fed speaker!)




US to explore use of military force against N. Korea -WSJ





-PBoC Fixes USDCNY Reference Rate At 6.8809 (prev fix 6.8798)







CORRECTION Japan's Aso: High US yields would have big impact on Asia







Japan's Aso: Economy talks with US to begin in April






Japan's GPIF is struggling to beat the stock market








1 hour ago
Japan press not impressed: "Coming not so soon: Trump's 'historic' tax plan"



US......
   




US stock gap to new highs. Records all around. Dow closes above 21,000








1 hour ago
Forexlive Americas forex news wrap: Stocks surge on increased economic optimism












BRAINARD SAYS FED'S EMPLOYMENT AND INFLATION GOALS ARE NEARLY MET, ALLOWING CONTINUED GRADUAL PACE OF RATE INCREASES






FED'S BRAINARD SAYS READY FOR RATE RISE "SOON" GIVEN IMPROVED GLOBAL CONDITIONS AND CONTINUED GROWTH





Fed's Brainard: Rate hike will likely be appropriate soon



US Politics....






Sessions spoke with Russian ambassador during Trump's campaign: report







Homeland Security has only found $20M in existing funds for border wall: report





. swears in Zinke, first Cabinet secretary from Montana, as Secretary of the Interior






Ivanka Trump pushed to include paid family leave, women’s health and environment in Trump speech: report






Huntsman in talks to serve as US ambassador to Russia: report






Top US general: Trump's revised executive order should reflect "very strong partnership" between US and Iraq






. issued invite to family of fallen SEAL Ryan Owens to the White House on Jan 30. Kids toured WH yesterday & went to the Navy mess






Nice Trump wrap from DB's Reid >>






Speech received well by most people participating in this CBS poll.









"But, at first look, Trump appeared to have avoided the kind of misstep that would give his detractors a cudgel to beat him with."










Europe.....






Bailout monitors said to resist offsetting measures







EU flag set on fire outside hotel where bailout talks taking place in Athens, . Photo






implements short-term debt relief measure for : rolls over €5.4bn debt from 2015 bank recapitalization.






UK House of Lords pass Brexit Bill amendment by 358-256 to force govt to protect EU citizens rights following Brexit





Another informative thread from Simon Cox. 8 tweets in thread , worth the time to check out.





Centre-right UDI party - 28 MPs in the French National Assembly (out of 577) - "suspends participation" in 's campaign.






Fillon might be fighting on but he's losing friends



Fillon still hanging in....









FRENCH PRESIDENTIAL CANDIDATE FILLON SAYS BEEN INFORMED WILL BE SUMMONED ON MARCH 15 BY JUDICIAL MAGISTRATES





Odds & Ends.....





Syria.....




Russian Defense Ministry denies US accusation that Russian or Syrian fighter jets bombed US-backed force in near




Turkish account called ‘Manbij Operation’ claims Euphrates Shield official declared that Manbij Op. began, several villages taken from SDF







Real Syria Expert (optimistic)Thinks the War is Basically Over - via by w


: Russian jets accidentally bombed US-backed forces in Syria: US general - via





Libya.....

















State of alert declared tonight, Tripoli









Yesterday the military formation of Ghadamis, west Libya, declared its allegiance to the Libyan National Army (LNA) and Khalifa Haftar.








Road blocks in multiple areas in , residents worried that fierce clashes will start again. Situation remain tense









Long lines at some petrol stations in










w/entourage of over 40 from GNA travelling to Moscow, they'll hope "strength in numbers" will help persuade Russia









: Vladimir not expected to meet with Fayez Serraj during his visit to Moscow.







مساء اليوم شاهدتُ رتـلاً مسلحاً في . قـلـقٌ حول إمكانية تجدد الاشتباكات، خاصة في مناطق المدنيين . الحل يجب أن يكون عبر الحوار.






Al-Wahda Bank in Bin Jawad receives 1 mil Libyan Dinars in cash from the Central Bank of













Iraq.....






Abu Ayub might got injured during an air bombing at a house believed to been staying at Mawsil Al-Jadida








18 ISIL members were killed in an air strike moments ago. They used to be trenched in a building at Mosul Al-Jadida.







ISIL installed a 3-meter tall dirt barrier at the following neighborhoods: Al-Faruq, Al-Sarajkhana, and Bab Al-Tub









army controls main roads out of , trapping







50 civilians were killed by an airstrike on Umar Al-Aswad Mosque in the middle of the old city.






ISIL executed 3 of its fighters at Zanjili for refusing to fight.







ISF is preparing to cross the river from northern frontier of the western bank of Mosul.