Tuesday, March 7, 2017

Economic News , Data & Views.....March 7 , 2017.....Quick Hits For Tuesday -1) Markets : Asia - Economic Calendar - New Zealand Manufacturing Activity Data , China Trade Data , Japan GDP ( Q4) Headline Wednesday ; US : US Major Indexes Moderately Lower Today , Private Oil Inventory Shows Bigger Build Than Expected In Crude But Also Larger Draw In Gasoline. 2) US Politics For Tuesday : Replace & Repeal Obamacare Updates ; Wikileaks Discloses Big Splash Of CIA Documents Today ; Trump Tweets To Consider ; Wiretap Claim ( Trump's ) Update ; Additional Items To Consider. 3) Europe In Focus : UK Political Updates ( Brexit In Focus ) ; Various Electoral Polls To Consider ; France Political Updates Of Note ; Hungary's Parliament Passes Plan To Detain All Asylum Seekers. 4) Odds & Ends - Syria , Iraq , Libya & North Korea In Focus.



Markets.....




Asia.....





Economic data due from Asia today - Japan GDP (Q4 2016, final)




1 hour ago
Economic data due from China today - trade balance!


New Zealand - Manufacturing activity data for Q4





CORRECT: China Exports YoY (CNY) (Feb): 4.2% (est 14.60%, prev 15.90%) Imports YoY (CNY) (Feb): 44.7% (est 23.10%, prev 25.20%) CC:








Chinese imports saying hello










Chinese imports saying hello










Japan data: BoP Current Account Balance (January): ¥ 65.5bn  (expected ¥ 270.0bn)


Japan GDP for Q4 2016, final: +0.3% q/q (expected +0.4%)


Japan MOF: Japan sells US Tsys for the third straight month in January







US......




US major stock indices end the day lower



Private oil inventory data shows bigger than expected build in crude stocks



US Politics.....





"You can choose your doctor. "You can choose your plan. "It's called good health care," Trump says at whip meeting, per .








3 phases of health care reform, Price says: --this bill --regulatory changes --other legislation that can't be done in reconciliation.





Wikileaks delivers big splash publication of confidential CIA documents , timing interesting after this weekend







Not sure where GOP Congress stands on repeal and replace...








For eight years Russia "ran over" President Obama, got stronger and stronger, picked-off Crimea and added missiles. Weak!





Our wonderful new Healthcare Bill is now out for review and negotiation. ObamaCare is a complete and total disaster - is imploding fast!





122 vicious prisoners, released by the Obama Administration from Gitmo, have returned to the battlefield. Just another terrible decision!




Thank you to for your $20 billion investment that is creating more than 45,000 manufacturing & construction jobs in the USA!






Homeland Security secretary: Trump must have some convincing evidence of wiretapping





Europe.....




UK ....




UK Chancellor Hammond to deliver upbeat assessment of the UK's economic future



Funny how MPs' use soft words, like "disappointing"...Must be frustrating not being able to use more powerful words, like ........






UK PM Spokesman: PM May Has No Intentions Of Calling Early Elections






UK PM Spokesman: PM May Has No Intentions Of Calling Early Elections








Sterling suffers ahead of Lords Article 50 debate via






WATCH: UK Lords To Hold Final Debate And Vote On Article 50 Bill




Election Polling Data....








Germany, INSA poll: SPD-S&D: 32% CDU/CSU-EPP: 31% AfD-ENF: 11% LINKE-LEFT: 9% ↑ FDP-ALDE: 8% ↑ GRÜNE-G/EFA: 7%









Germany, Civey poll: CDU/CSU-EPP: 34% ↑ SPD-S&D: 31% AfD-ENF: 9% LINKE-LEFT: 8% GRÜNE-G/EFA: 7% FDP-ALDE: 7%





Italy, EMG poll: M5S-EFDD: 29% ↑ PD-S&D: 28% LN-ENF: 13% FI-EPP: 12% FdI-EPP: 5% DP-S&D: 4% AP-EPP: 3% SI-LEFT: 2%





Netherlands, Liss poll: VVD-ALDE: 16% ↓ PVV-ENF: 14% SP-LEFT: 12% ↑ D66-ALDE: 12% ↓ CDA-EPP: 11% ↑ GL-GREEN: 10%...






France, Elabe poll: Macron (EM-*): 26% ↑ Le Pen (FN-ENF): 26% ↓ Fillon (LR-EPP): 19% Hamon (PS-S&D): 14% ↑...







France, Ifop poll (practising Catholics): Fillon (LR-EPP): 37% (-12) Le Pen (FN-ENF): 21% (-4) Macron (EM-*): 17 (+8)





France, Ifop poll (non-practising Catholics): Le Pen (FN-ENF): 28% (-2) Macron (EM-*): 22 (+5) Fillon (LR-EPP): 21% (-6)






France, Ifop poll (no religion): Le Pen (FN-ENF): 24% (nc) Macron (EM-*): 20 (+2) Hamon (PS-S&D): 20% (+7) Fillon (LR-EPP): 11% (-1)




France......




Le Pen Would Quit Power If Euro-Exit Referendum Negative – AFP






Always something seems to pop up with Fillon , just when you think all of the issues are known.






Hungary.....




An important development impacting ayslum seekers...








As expected , UNHCR very concerned with Hungary's plans..





Odds & Ends....




( Much more at Twitter TL for MENA )




Syria........




has money, weapons & men but no longer protected by the Syrian population, making it vulnerable on the long run






: Khafsa city and its water supply in eastern fully liberated by and allies .






There is ~4km to , ~5km to Water Treatment Plant, ~5km to Airbase










Iraq......






Almost half of west liberated from in a record: is crumbling fast. Map via






3 main tactics: snipers, & . By night,all 3 r crippled,allowing Frcs 2score quick advance






Libya......





Alleged pictures showing a convoy of 40 vehicles belonging to *Al Farouq Brigade* and a militia from Hun moving towards Sirte - reports.








Back to square one or even further back then that ?







Following this Italian embassy tonight welcomed 'PC forces deployment in oil crescent'. A statement from NOC imminent?







Haftar was spot on about after all. Situation deteriorating fast & will get much worse.








Pres. Council oil instillations guard says has received control of oil facilities.








: Elements of Al-Qaeda participated in the attack on 's oil crescent






Two of 's oil terminals are back under Tripoli's government control while Tobruk's parliament voted to repeal political agreement






Tobruk protestors demand withdrawal of attackers from 's oil crescent







Marshal Khalifa Haftar receives delegation from the British House of Commons at his headquarters.









North Korea..





.. 


NORTH KOREA DIPLOMAT TELLS U.N. DISARMAMENT BODY THAT "MAJOR CAUSE OF ESCALATION OF TENSION THAT MIGHT TURN INTO ACTUAL WAR"





NORTH KOREA SAYS U.S.-SOUTH KOREA JOINT MILITARY EXERCISES ARE DESIGNED TO CONDUCT A "PRE-EMPTIVE NUCLEAR ATTACK" AGAINST IT





North Korea and Malaysia in tit-for-tat exit bans over Kim Jong-Nam killing




UPDATE: U.N. calls for calm between Malaysia and North Korea, urging differences be settled through 'established diplomatic practice'