Economic data due from Asia today - a light one
EURon hawkish Nowotny; DXY to finishfor 2nd wk; Asia equities best week since Jul; XAU & CL to fin wk snapping 2 negative wks
Suga: Japan not considering public funds for Toshiba
This is a big deal ... China to allow investors to buy mainland bonds in HK
PBOC drains 120bn this week vs drain of 110bn prior
yuan fixed at 6.8873 vs close 6.9003; PBOC to inject 60bn via RRPs
All the China rate hikes in one spot (recap/summary)
NZ ANZ Consumer Confidence (MoM) (Mar): -1.70% (prev -1.00%) NZ ANZ Consumer Confidence Index (Mar): 125.2 (prev 127.4)
New Zealand - BusinessNZ Manufacturing PMI (February): 55.2 (prior 51.6)
BOJ Q4 Flow of Funds Report: BOJ held 39.1% of JGBs at the end of Dec
US stocks end the day near unchanged levels
Gold Soars Most Since Brexit As Stocks, Bonds Stumble http://www.zerohedge.com/news/2017-03-16/stocks-give-post-fed-gains-gold-soars-most-brexit …
Let it die? How the GOP could just wait for Obamacare to “collapse”
Trump on the House’s health-care bill: “We will take care of our people or I’m not signing it”
There may be 22 House Republicans ready to sink the GOP health-care bill
Great progress on healthcare. Improvements being made - Republicans coming together!
As of Thursday, Pres. Trump and White House have provided no evidence to substantiate Pres. Trump's wiretap allegations against Pres. Obama.
Senate Intel Cmte. leaders: "We see no indications that Trump Tower was the subject of surveillance" by US gov't during election.
Interesting thread ( 9 tweets ) , casting doubt on theory Brit spy agency used to spy on Trump.
Trump's budget director says climate funding is "a waste of your money" http://hill.cm/1faKO0J
Trump's first budget eliminates programs that help the poor to fund military spending: http://hill.cm/Kt7HlDh
Trump cuts to USDA budget will target food safety, international food aid: http://hill.cm/0dUucAj
Three airport security programs axed under Trump budget http://hill.cm/2ZM6MTQ
OMB Director: ‘This is a hard-power budget’ (not a Big Bird budget)
Flynn worked for multiple Russian firms http://hill.cm/0OfMAWV
NEW: The 19 federal agencies Trump wants to eliminate http://hill.cm/pcEQrnO
California Judge to ICE: Stop "stalking" courthouses http://thebea.st/2nfaeAg
NEW: GOP leaders want details before funding Trump’s border wall http://hill.cm/HKMSa7A
Tillerson: Diplomacy has “failed” with North Korea, so who’s up for … something “different”?
Clinton ally Mike Morell says smoke but no fire: No Russia-Trump collusion
Appeals court won't rehear case on Trump's original travel ban http://hill.cm/vHlhdKV
Maryland issues nationwide block on 90 day travel ban.
Europe In Focus.....
Scotland path , if attempted , has Spain as a possible impediment....
May rejects second referendum for Scotland....battle with Sturgeon now joined.
*BOE KEEPS GILT PURCHASE PLAN AT 435 BILLION PNDS; VOTE 9-0
*BANK OF ENGLAND KEEPS KEY INTEREST RATE AT 0.25%; VOTE 8-1
Economic policy could expose fissures in Dutch coalition talks: parties split on labour market reforms, immigration
They have started a battle between the cross and crescent. There is no other way of putting it — Turkish Pres. @RT_Erdogan on #ECJ decision.
Tsipras' office, after earlier rejection of Reuters' story on possible snap elections by gvt srcs, now accuses news agency of 'fake news'
@daphnenews Tsipras' office: 'We are officially in the era of fake news. This time, with the seal of Reuters' >>>
PvdA leader Asscher says he sees no role for his party in new coalition gov't. That means Jeroen Dijsselbloem will leave cabinet. #Eurogroup
#Eurozone spreads shrink as pol establishment held on to power in Dutch elections. Weak Wilders seen as leading indicator for rest of Europe
Odds & Ends.....
BREAKING: Confirmation that US airstrikes killed 70 people at mosque in rebel-held part of northern Syria
To be clear: this was a unilateral US strike, not part of anti-ISIS Coalition activities.
The roles of the US, Russia, Turkey, Iran and Israel in Syria: moving towards … My take http://alrai.li/qtdjfdl https://elijahjm.wordpress.com/2017/03/14/the-roles-of-the-us-russia-turkey-iran-and-israel-in-syria-moving-towards-the-end-of-the-war … …
Retweeted مركز نينوى الاعلامي (@NinevehMC): last updated map of situation in Mosul 16/3/2017-8:15PM @hushamalhash…
Haithem Tajouri rejects the Tripoli ceasefire as more fighting reported - https://www.libyaherald.com/2017/03/16/haithem-tajouri-rejects-the-tripoli-ceasefire-as-more-fighting-reported/ …
More than 5 years since the killing of Qaddafi, #Tripoli remains govern-less with militias roaming free & holding its people hostage. #Libya
PC wins shaky Tripoli ceasefire while Ghwell reported injured in Rixos attack - https://www.libyaherald.com/2017/03/15/pc-wins-shaky-tripoli-ceasefire-while-ghwell-reported-injured-in-rixos-attack/ …
More Odds & Ends
Duterte hit with Impeachment Complaint !