Thursday, March 23, 2017

Economic News , Data & Views....March 23 , 2017....Quick Hits For Thursday -1) Markets : Asia - Economic Calendar For Friday , Market Moving News & Data To Consider ; US - US Major Indexes Down Marginally Today , Gold Down $3 to $1245 , WTI Down 35-cents To $47.69 , US 10-Year yields Up 1 bps To 2.41%. 2) US Politics : State Of Play On Repeal & Replace - HC ; Trump DC Hotel Found Not To Be In Violation Of Its Lease ; Trump Tweets Of the Day ; Additional Items To Consider. 3) Europe In Focus : Greece Updates For Thursday ; French Presidential Election News & Polling Data ; EU- Turkey Relationship Continues To Fray , Turkey Threatens To Review Ties With Europe After Turkey's April Referendum ; Germany - Political Updates - Chancellor Race & Saar Federal Election Sunday ; UK - London Attack Updates , Brexit Updates. 4) Libya In Focus - Another Huge Disaster On The Open Waters With As Many as 250 People Lost , State Of Political Play In Libya.


Markets.....




Asia.....





Good morning from Berlin. Aisa stocks bouncing to around unch on week amid signs delayed vote on Trump healthcare bill would go ahead later.








Bank of chief Kuroda says no reason to withdraw monetary stimulus now as balance sheet crossed 90% of GDP.







Economic data due from Asia today - Federal Reserve speaker also


PBOC SETS YUAN MID-POINT AT 6.8845 / DLR VS LAST CLOSE 6.8860 - Reuters News






Asking for help from Russia rather than China ? Very interesting.....







North Korea set for another nuclear test - awaiting word from Dear Leader ?







North Korea appear set up for nuclear test: YonHap





1 hour ago

JPN Nikkei Manufacturing PMI (P) Mar: 52.6 (Prior 53.3)





Foreign Buying Japan Bonds (JPY) Mar 17: -586.8bln (Prior -47.3bln) Foreign Buying Japan Stocks (JPY) Mar 17: -580.4bln (Prior -772.7bln)






Japan Buying Foreign Bonds (JPY) Mar 17: 149.8bln (Prior -703.9bln) Japan Buying Foreign Stocks (JPY) Mar 17: -465.7bln (Prior -360.5bln)




REUTERS TANKAN: JAPAN MANUFACTURERS JUNE INDEX SEEN AT +23, NON-MANUFACTURERS +24






REUTERS TANKAN: JAPAN NON-MANUFACTURERS INDEX +26 IN MARCH, UNCHANGED FROM FEB, UP SEVEN POINTS FROM THREE MONTHS AGO







New Zealand trade balance for February: -18m (expected 180m surplus)



US .....




US major indices end down marginally. Give up gains on healthcare vote delay.





1 hour ago
ForexLive Americas FX news wrap: Healthcare vote delayed


US Politics....






REPUBLICAN HEALTHCARE PLAN TO GET HOUSE FLOOR VOTE FRIDAY BETWEEN 2 P.M. EDT AND 4 P.M. EDT -CNBC






1 hour ago
U.S. HOUSE FREEDOM CAUCUS CHAIRMAN MEADOWS SAYS HE IS STILL A "NO" VOTE ON HEALTHCARE BILL - Reuters News







Congressional Budget Office analysis of revised health bill shows 24M more uninsured by 2026 than under Obamacare, deficits lowered by $150B






If the votes aren't there Friday , quite likely HC vote gets pushed into next week.






Plan is to debate tonight, vote tomorrow...WH aide tells to expect to make calls throughout the night.






BREAKING: US House is no longer expected to vote on new GOP health care bill today, GOP leadership source tells .






MORE: House vote on health care bill is still possible tomorrow, GOP leadership sources tell -





U.S. HOUSE REPUBLICANS TO HOLD CLOSED DOOR MEETING ON HEALTHCARE BILL AT 7 P.M. EDT/2300 GMT - SENIOR HOUSE REPUBLICAN AIDE






Trump: Healthcare vote will be 'very close' but 'we have a chance'




BREAKING: White House just made a final offer to the Freedom Caucus on health bill





: Federal agency rules Trump's DC hotel doesn't violate lease terms






We are taking action to ! Contact your Rep & tell them you support .







Trump tweet topics today: --Prayers for London terrorism attack victims --Rebuke for "fake news" reports on his staff's ties to Russia




Trump meeting today with 12 trucking company CEOs and 12 truck drivers to talk about Obamacare "burdens," White House says.




Source: Potential “smoking gun” showing Obama administration spied on Trump team,





Mark Warner declines to take line of Schiff. Warne response "There are ever increasing amounts of smoke."







Europe...





Endless revolution and division






EU envoy: Three million migrants waiting to cross into Greece








PM 'isolated' at Rome summit over bailout talks, EU statement





France....












Macron gets heavyweight French Socialist backing







Emmanuel Macron tries to survive Socialist embrace







EYE ON AFRICA - French far right leader Marine Le Pen meets with French troops in Chad







France shudders after London attack, Le Pen demands border controls











1 - "Fillon seems as addicted to money as Strauss-Kahn was to sex," former Juppé campaign aide tells me...






2 - "Same destructive behaviour, same feeling of impunity..."





Ifop Fiducial France election poll: Macron 26%, Le Pen 25%, Fillon 18% first round Macron-Le Pen 61.5%-38.5% second round






France: It is the 1st time that an Ifop poll shows that (EM-*) takes the lead from (FN-ENF) in the 1st round.





France: Presidential election (run-off), Opinion Way poll: Macron (EM-*): 63% (+1) Le Pen (FN-ENF): 37% (-1)





France: Presidential election (run-off), Harris poll: Fillon: 58% (-1) Le Pen: 42% (+1)






EU-Turkey ........





Turkey to review all administrative & political ties w/EU-including migration deal-after its April 16 , 2017 Ref.









summons ’s envoy over Erdoğan’s threatening remarks about 'safety of Europeans around the world'







This is happening almost everyday.. Turkey summons diplomat of … [an EU state]






EU summons Turkey envoy over Erdogan safety remarks: spokesman






Germany.....





Merkel vs Schulz......How Schulz could pull it off...








Sunday's Federal State Election in Saar could give clues for the Fall...








German state poll an election-year test for Merkel German Chancellor Angela Merkel's party faces a first election-year test against resurg…





Schäuble: "In all or in most EU states there are no broad majorities to give additional shares of national sovereignty to Brussels". ()






GERMAN FINMIN SCHAEUBLE TELLS FINANCIAL TIMES "THE FEDERAL IDEA HAS NOT GONE AWAY BUT AT THE MOMENT IT HAS NO CHANCE OF BEING REALISED"





GERMAN FINMIN SCHAEUBLE TELLS FINANCIAL TIMES HE ADVOCATES "MULTI-SPEED GOVERNANCE" IN EU






Germany, Ipsos poll: CDU/CSU-EPP: 33% SPD-S&D: 30% ↑ AfD-ENF: 11% LINKE-LEFT: 8% ↓ GRÜNE-G/EFA: 8% FDP-ALDE: 6%






Germany, GMS poll: CDU/CSU-EPP: 34% ↑ SPD-S&D: 31% ↑ AfD-ENF: 9% ↓ GRÜNE-GREEN: 8% ↓ LINKE-LEFT: 8% FDP-ALDE: 6%



UK .......





Crowds gathered in London's Trafalgar Square for a vigil for the victims of the Westminster attack.









Islamic State claims responsibility for London attack; authorities make 8 arrests







Met Police give update , name London Attack suspect. Full statement.









Long distance ( not up close and graphic footage.) Footage may be disturbing, so use your discretion re: viewing.















Have all right-minded Leavers yet reached the point where we tell the Farage-Banks-Leave.EU nexus to Foxtrot Oscar?













It seems that the majority of Remain voters actually want a Hard Brexit, as EU have made clear no FoM means no SM membership.








Odds & Ends.....













City of witnessing the most serious internal split between two broad factions. Lets hope cooler heads prevail.














UN envoy Kobler says following the military buildup in Jufra with concern.







Libyan Airlines suspends flights to Tamanhint Airport north of Sebha.







State Council salaries (37 Million and 500 Thousand Dinars). Even though body is unconstitutional. 15 Million Dinars (Other expenses)









Grim comment on the increase in Libya migrant smuggling







2 partially submerged rubber dinghies found off the coast of Libya; boats could have been carrying as many as 250 migrants. No survivors.










Setting record straight: & not discussed w/ HSC Pres Sweilhi. See my statement on abuses & impunity across#Libya











No fighting for main south western airport, negotiations between pro-Tripoli and pro-Tobruk formations.