Economic data due from Asia today (& RBA meeting)
#China manages to increase their FX reserves back > psychological $3trn level. FX reserves rose to $3.0051trn in Feb, 1st rise since Jun2016
Good morning from Berlin. Asia stocks mostly higher in thin trading as investors assessed prospects for further gains w/ US rate rise looms.
BREAKING: Malaysia has blocked access to North Korea's embassy in Kuala Lumpur
N.Korea prohibited all Malaysians from leaving the country. Hostage ??
JUST IN: Philippine inflation races to 3.3% (tad above estimates) and topping fastest pace since November 2014
Explaining Thaad, and why this missile defense system so bothers China --BBG
PBOC sets USD/CNY mid-point today at 6.8957 (vs. yesterday at 6.8790)
Japan PM Abe agrees with Trump - N Korea missile launch a breach of UN resolution
Kuroda wants BOJ bond buying to be sustainable, to plan a gradual slowdown - sources
Reserve Bank of New Zealand outlines plans for bank capital review
Yonhap: N. Korea claims it held missile launch exercise to strike U.S. base in Japan
Australia data: February Construction PMI jumps to 'expansion': 53.1 (prior 47.7)
RBA meting today - here are many, many previews (all in one place!)
ForexLive Americas FX news wrap: Dollar grinds, factory orders beat
US recover from the lows, but still end the day in the red
45,000 construction & manufacturing jobs in the U.S. Gulf Coast region. $20 billion investment. We are already winning again, America!
Trump is in front of his tweet machine again.
Report: Russian hackers demanding money from progressive groups
GOP Replacement HC Plan unveiled. Individual Mandate scrapped , incentives offered instead. ore details inside.
Here we go: House unveils ObamaCare replacement
Four key Republican senators say they will oppose House plan to repeal Obamacare
Is Reince Priebus the fall guy for Team Trump? - Lots of stories circulating this weekend about Trump flying in...
FBI director was "incredulous" over Trump wiretap tweets: report http://hill.cm/mHTcbV5
BLUMENTHAL CALLS FOR SPECIAL PROSECUTOR IN RUSSIA-TRUMP PROBE
UPDATE: White House says Trump administration considering steps against North Korea threats, including THAAD
White House says Trump has not spoken to FBI Director Comey about wiretapping accusations: RTRS
Spicer insists Tom Price is the lead on Obamacare replacement. "It's not an either/or thing," he said. "Great partners and great teammates."
Trump's travel ban "will, in my view, pass legal muster," says South Carolina US Sen Lindsey Graham, who denounced original executive order.
Here's govt-issued Q&A on travel ban. Explains whether people from the 6 affected nations can leave US and return. https://www.dhs.gov/news/2017/03/06/qa-protecting-nation-foreign-terrorist-entry-united-states …
New Executive Action for Travel Ban pertaining to six countries.
Chaffetz this morning on CBS: "Thus far I have not seen anything directly that would support what the president has said."
JUST IN: WH spokeswoman: Trump doesn't accept Comey's denial of wiretapping claims http://hill.cm/0ZCCjdb
Odds & Ends...
Where next for the euro? - BTMU
Merkel: We have to tolerate a Europe with economies moving at different speeds
ECB are unlikely to boost bond lending at upcoming meeting - Reuters
Macron may get an important endorsement from politicians close to Hollande...
Political commitee of French Républicains party appointed by Fillon is "unanimous" in reiterating support for Fillon candidacy #PolitBuro
Juppé ruled himself out of presidential race "once and for all", but used words such as "obstinacy" and "impasse" when referring to Fillon.
Latest #France poll. Le Pen 27%, Macron 24%, Fillon 19% in 1st round. Macron seen defeating Le Pen 60-40% in 2nd round, Fillon Le Pen 56-44%
Moody’s calls fresh deposit flight a credit negative event http://dlvr.it/NYV6F0
Two Athens metro stations to be closed Tuesday through Thursday http://dlvr.it/NYV6DT
#Greece Q4 GDP -1.2% QoQ
Priv consumption +0.2% GG consumption -2.1% Total consumption -1.1% Investments +0.1% Exports -1.4% Imports +4.5%
Security Holes: German Parties and Ministries Vulnerable To Hacking Attacks http://dlvr.it/NYS2hD
Berlin's chaos airport sacks boss amid leadership struggle http://dlvr.it/NYPx8B
Let's End the Submission: Refugee Crisis Prevents Honest Dealings with Turkey http://dlvr.it/NYNSg7
Muted response to Deutsche Bank's $8.5 billion cash call, strategic u-turn http://reut.rs/2mww55O
Germany, Civey poll: CDU/CSU-EPP: 33% SPD-S&D: 31% ↓ AfD-ENF: 9% ↓ LINKE-LEFT: 8% GRÜNE-G/EFA: 7% FDP-ALDE: 7% #btw17
I will stir up the world if they block me from speaking in Germany: Erdoğan http://www.hurriyetdailynews.com/i-will-stir-up-the-world-if-they-block-me-from-speaking-in-germany-erdogan.aspx?pageID=238&nID=110495&NewsCatID=510 …
Turkey's Erdogan likens Germany's blocking rallies in support of him to "Nazi practices" http://u.afp.com/4xts
BDB said more than 3,000 men are poised to continue eastward now that they have taken over the oil terminals of al-Sidra and Ras Lanuf.
1/ Bunyan Marsus (BM) spoxman Alghasri has just denied any involvement of the force in the fighting at the oil crescent
2/ Ghasri vows to sue those who tempted to involve BM forces in the battles at oil crescent
LNA are recruiting mercenaries from Chadian / Sudanese movement JEM to fight terrorism in Libya, according to Al-Shami from Sudanese army.
Joint Statement from France , UK & US Ambassadors on Libyan Oil Crescent developments.
Concerned abt the continued disappearance of #Sirte Mayor. I urge Libyan authorities and influential parties to look into his whereabouts
National Dialogue “only way out of political stalemate in Libya” Egypt insists after LNA oil crescent reverse -
LNA counter-attacks appear to fail while further retreats reported - https://www.libyaherald.com/2017/03/05/lna-counter-attacks-appear-to-fail-while-further-retreats-reported/ …
Oil terminals attack boosts HoR rejection of the LPA https://www.libyaherald.com/2017/03/05/oil-terminals-attack-boosts-hor-rejection-of-the-lpa/ … via @libyaherald
Catastrophic civilian casualties being reported from within urban west Mosul, which is under fierce air, artillery, rocket and ground attack
ISF is only few meters away from National Insurance Company where ISIL turned into an execution site, throwing people off of it.
Important to get a buffer between Turks and Kurds so ISIS can be beaten. Even American forces welcomed Syrian Army handover.