Wednesday, March 8, 2017

Economic News , Data & Views.....March 8 , 2017.....Quick Hits For Wednesday -1) Markets : Economic Calendar For Thursday , Data & Market Moving News ; US : Dow & S&P End Lower Today , Nasdaq Marginally Higher , Gold Slumps , Oil Does a Header , Ten Year Treasury Yields Higher but Some Recovery As Day Wore On. 2) US Politics : Trump Tweets ; Repeal & Replace Updates ; WikiLeaks - Vault 7 Leak ; Travel Ban Faces First Lawsuit - Hawaii ; Trump Wiretapped Claims To Get Scrutiny ; Additional Items Of Note. 3) Europe In Focus : Top News Touching On Greece ; EU Summit Looms Along , With Tusk "Push- Pull With Poland ; France Election News De Jour ; Germany - Wikileaks Stirs Cyber Spy Hub Potential Investigation By Germany , Berlin Still Seeks European Monetary Fund - But Doesn't Want Eurobonds ; UK - Article 50 , Brexit News For Wednesday. 4) Odds & Ends - Syria , Libya , Iraq & North Korea In focus.



Markets.....




Asia.....




Economic data due from Asia today - China inflation





1 hour ago
Saudi Arabia to supply full contractual volumes of crude to Asian buyers in April --Rtrs sources






China PPI (YoY) (Feb): 7.80% (est 7.70%, prev 6.90%)






China CPI (YoY) (Feb): 0.80% (est 1.70%, prev 2.50%) China CPI (MoM) (Feb): -0.20% (est 0.60%, prev 1.00%)






PBOC skips market ops today






People’s Bank of China sets yuan reference rate at 6.9125 (vs. yesterday at 6.9032)






Good where's-yield-gravity morning Asia Pacific. Aussie 10Y hasn't been this close to 3% in 2 years







Australian PM Turnbull says credible path to surplus to help maintain AAA rating





Moody's :Australia financial system and economy expected to absorb external and internal shocks





US.......




US indices give up gains. Trade near lows



ForexLive Americas FX news wrap: ADP soars, oil crumbles



US Politics.....





LinkedIn Workforce Report: January and February were the strongest consecutive months for hiring since August and September 2015






On International Women's Day, join me in honoring the critical role of women here in America & around the world.






I have tremendous respect for women and the many roles they serve that are vital to the fabric of our society and our economy.






"There is no reason to believe he's the target of any investigation," Sean Spicer says, referring to Trump's wiretap tweet.






"Yes, this will drive costs down," Sean Spicer says of new GOP health care plan.





Conservatives who met with Trump on health care: David McIntosh, Jim DeMint, Tim Phillips, Adam Brandon, Mike Needham, Jenny Beth Martin.







American Nurses Association joins doctors and hospitals coming out against GOP health care bill







Huntsman accepts offer to be US ambassador to Russia: report








Trump gives states 90-day deadline to start infrastructure projects: report







Under fire over Russia probe, FBI director forges ahead








Trump admin considers sending 1,000 "reserve" troops to support ISIS fight: report







"If you're looking to the CBO for accuracy you're looking at the wrong place," Spicer says, casting doubt on costs report coming out next wk







No surprise WH is hitting CBO ahead of score. The score will likely show a good number of folks will lose insurance.







Cruz: GOP healthcare plan can't pass the Senate








CIA and FBI working to determine who is behind major leak of CIA secrets, sources tell . has latest now.






Sources: CIA knew there was a leak late last year, but did not know the extent or details of the breach -





Senior US official tells that the new WikiLeaks breach contains authentic information about secret CIA hacking tools.





NEW: FBI investigating the source of documents published by WikiLeaks purporting to be from the CIA, source tells News.






CIA contractors likely source of latest WikiLeaks release: U.S. officials







CIA declines to confirm whether confidential documents leaked by WikiLeaks are authentic






U.S. senators ask FBI and DOJ for any evidence that Obama wiretapped Trump:







Hearing set for Hawaii's lawsuit against revised Travel Ban...







Europe.....



Greece....



Greek govt and institutions have agreed on the out-of-court settlement scheme of business debts, a participant in the talks told ANA





Greece farmers clash with police in Athens today over bailout cuts..









Greek farmers protesting against bailout-related income cuts are clashing w/riot police outside the agriculture ministry in central Athens.










Tzanakopoulos said that a technical agreement could be reached before March 20, when eurozone finance ministers are next due to meet.








Two metro stations to stay closed Wednesday, Thursday






Tsipras shifts focus to Constitution








Greek banks ask for ESM’s cooperation





France.....





France, Ifop poll: First round, Presidential election: Le Pen (FN-ENF): 26% Macron (EM-*): 25% Fillon (LR-EPP): 20% Hamon (PS-S&D): 14%







faces fraud accusations for not declaring billionaire’s €50K loan







If they force Fillon out, it guarantees Le Pen's win.







Something to keep an eye on...








EU.....





Tusk defends neutrality, says he is ‘ready’ for judgment at EU summit







Poland opposes 2nd term for Donald Tusk, an ex-Premier, to lead E.U. council








Germany.....




Was wondering how long it would take before an investigation was launched ...






Berlin continues quest for ‘European Monetary Fund’ via







UK....





Hammond: From April 2017 corporation tax will fall to 19% lowest rate in G20. In 2020 it will fall again to 17%





Hammond: OBR upgraded growth forecast for 2017 from 1.4% to 2% and revised down for 2018 from 1.7% to 1.6%





Chancellor : as we start negotiations takes forward our plan to prepare Britain for a brighter future






PM May boots Heseltine after his Brexit rebellion...






Summary of Lords amendments to proposed Article 50 bill





- House of Commons to consider Lords amendments on March 13






UK government vows to reverse parliament's changes to Brexit bill



UK government said to be pressuring rebel MPs over Brexit Bill





Odds & Ends....




( Much more for MENA At Twitter T.L - Just Highlights here.)




Syria.....





Heavy clashes have broken out between & Ahrar al-Sham after HTS attempted to arrest senior Ahrar leaders in Jebel al-Zawiyeh, .






Senior al-Sham commander Abu Musab survived an assassination attempt in Jebel al-Zawiyeh. Activists blame it on /Jund al-Aqsa.








MAP East province.SAA regain control all villages north of canal and reached AB. HD:







Military Airbase.










Libya....




Daily report on Oil Crescent War -note first entry is start of conflict..Diary entries are in chronological order...







That is a shame...Algeria doing more to help Ghat than GNA /PC... or HoR & Thinni Gov't for that matter.






Eastern tribal leaders (Pro Tobruk-based govt) meet Benghazi tomorrow to debate authorising military action to re-take key oil ports.







Gunmen fire 5 RPG shells at the Aman Bank building in .








Photo - Amman Bank HQ set on fire after a militiaman "guarding" the bank fired on a client and killed him today morning.







Tonight, Fire gobbles Aman Bank in Tripoli and turned it into ashes! Somebody set new fires!







Despite deal with Libya, migration flows to Italy by sea up 30~70% compared to 2016. A bad deal as I wrote here






Iraq....




Joint Operations OFFICIAL MAP UPDATE for operation Green= Iraqi forces control Orange= frontline clashes Black= control








IMPORTANT: 's army and Hashd completely cut off the -Tal 'Afar corridor by cutting the main road today.








 
BREAKING: The infamous Badush prison, west of , has been liberated by a joint raid by 's army + Hashd.









IMPORTANT: The "mother of all battles" in is nearly here. 's armed forces are just a few hundred metres from "old ".







Congratulations to 's special forces on today's victories in , retaking the districts of: •Mansour, •1st Shuhada, •2nd Shuhada.








North Korea.....






China asks North Korea to stop missile tests, tells U.S. and South to seek talks








Even with THAAD defense, North Korea missile barrage poses threat to South







Malaysia's PM directly accuses North Korea of killing Kim Jong Nam, the half-brother of North Korea's leader.








In North Korea’s game of chicken with Malaysia over ‘hostages’, who will blink first?






*SWIFT SAYS SUSPENDS ACCESS OF UN-DESIGNATED NORTH KOREAN BANKS









Tillerson to Japan, South Korea, China march 15-19, subject North Korea, econ issues, etc.