Good morning from Berlin. Asia drops as risk off continues though not incremental occurred. Possibility NK carries out 6th nucl test weighs.
Economic data due from Asia today - China CPI day
Japan Self-Defense Forces scrambled fighter jets after 6 Russian military aircraft flew off Japan’s northern coastal regions: BBG
US To Include Trade Deficit In Talks With Japan – Nikkei
Japanese PPI (MoM) Mar: 0.3% (exp 0.2%; prev 0.6%; rev prev 1.1%)
Japanese Bank Lending (YoY) Mar: 3.0% (prev 2.8%)
Japanese Core Machinery Orders (YoY) Mar: 5.6% (exp 2.5%; prev -8.2%) - Core Machinery Orders (MoM) Mar: 1.5% (exp 2.7%; prev -3.2%)
Japanese PPI (YoY) Mar: 1.4% (exp 1.3%; prev -1.2%; rev prev 0.3%) - PPI (MoM) Mar: (exp 0.2%; prev 0.6%; rev prev 1.1%)
And the spotlight falls on SK: Commerce Dept Finds Korean Steel Producers Dumping OCTG in U.S.
South Korean Unemployment Rate Mar: 3.7% (exp 3.8%; prev 4.0%)
US stocks end the down but what a comeback
OIL - Private inventory data shows larger than expected draw in inventory
Trump: "Steve is a good guy, but I told them to straighten it out or I will.”
The government has not formally charged Page with any wrongdoing - despite obtaining the FISA warrant to surveil Carter Page last summer.
Maybe he should stop trying to clarify - each times he clarifies , he creates more confusion.
Anne Frank Center calls for Spicer to be fired http://hill.cm/5JKrBQj
In about a ten-minute span, Sean Spicer managed to:
Spicer has had a bad past two days regarding communications of the message from the President & answering questions.
What’s Trump’s plan for Syria? Five different policies in two weeks
General Mattis says there's "no doubt" Syrian regime released chemical weapons on their people--provides no evidence
mattis: syrian air force not in good shape. US strikes damaged about 20 Aircraft. probably should not have said that ~20pc in statement yest
Trump's messages to China seem to have resonated. China now signaling it may act to handle N.K menace on its own.
Official background document supporting military action last week.
White House Official Says There Is No Evidence To Support Russia Claims That Syria Chemical Attack Was Fabricated --Rtrs
Freedom Caucus chair says Republicans "close" to agreement on ObamaCare repeal http://hill.cm/aJSV1YQ
LIVE: Police believe explosions near Dortmund bus were 'targeted attack’ https://www.thelocal.de/20170411/breaking-three-explosions-near-dortmund-football-team-bus …
Three explosions near team bus of German football club #BorussiaDortmund. Player Marc Bartra injured. Game postponed.
BREAKING: Three explosions near Dortmund football team bus http://dlvr.it/NsRGW8
As French Election Nears, a Bernie Sanders-Style Candidate Rises in the Polls
The dark horse candidate in the French election who wants to slap a 100% tax on the rich is surging in the polls http://buff.ly/2nB6ObV
Not shocking a far left Candidate advocating a position that one would expect from a far left wing Candidate...
A little tightening here..
Who are the eight million French voters ready to back Emmanuel Macron? http://dlvr.it/NsMvHs
Fire destroys French refugee camp http://buff.ly/2p1QVuY
TheLibertyEagle: Huge Fire Destroys French Refugee Camp http://www.thelibertyeagle.com/huge-fire-destroys-french-refugee-camp/ … #mcgnews
Several hundred migrants have disappeared after a fire ravaged their camp in France https://bloom.bg/2p3nMgn
Backlog of home auctions growing by the day http://dlvr.it/NsTl5N
Income tax declaration deadline is June 30 http://dlvr.it/NsTl3R
State arrears keep piling up http://dlvr.it/NsT9zC
As islands struggle, EU seeks more committees http://dlvr.it/NsS0KC
Government officials say IMF spring meetings crucial http://dlvr.it/NsS09d
Boris Johnson insists Russia could face sanctions as Government colleagues criticise 'total let down' at G7 summit http://www.telegraph.co.uk/news/2017/04/11/boris-johnson-insists-russia-could-still-face-sanctions-colleagues/ …
SNP's Controversial NYC Visit: Timeline of What We Know https://order-order.com/2017/04/11/snps-controversial-nyc-visit-timeline-know/ …
Having Us E.ON: Corbyn Names and Shames Energy Firm That Sponsored Labour Conference https://order-order.com/2017/04/11/youre-us-e-corbyn-names-shames-energy-firm-sponsored-labour-conference/ …
The European Union's credit rating will be damaged if Britain refuses to pay a Brexit divorce bill http://www.telegraph.co.uk/news/2017/04/11/uk-refusal-pay-brexit-divorce-bill-would-harm-eus-credit-rating/ …
Interesting though they are, my big issue with analyses like this & David Goodhart's is they imply Brexit is recent, transient, cultural. /1
Odds & Ends....
G7 calls on Libyan parties to end hostilities and engage in comprehensive political dialogue http://alwasat.ly/ar/news/libya/138603/ …
IOM Learns of 'Slave Market' Conditions Endangering Migrants in North Africa - https://www.libyaherald.com/2017/04/11/iom-learns-of-slave-market-conditions-endangering-migrants-in-north-africa/ …
Black market exchange rate hit 8.5 LYD to 1 USD. Collapsing LYD has clear potential for even more violence.