Thursday, April 20, 2017

Economic News , Data & Views......April 20 , 2017......Quick Hits For Thursday -1) Markets : Asia Economic Calendar For Friday & Market Moving News And Data ; US : Major Indexes Have A Strong Day , US Crude Off 17Cents , Gold Down A Hair , US Ten Yields Up a Bit Today. 2) France : ISIS Claims responsibility For Paris Attack ( Champs Elysees ) 3) North Korea - Russia , China , Russia , Japan & South Korea Getting Ready for North Korea Contingency. 4) US Politics : North Korea Becoming Focus Of Superpowers ; GOP Healthcare Bill In House Of Reps Seems To Be Gaining Momentum ; Jason Chaffetz Leaving ; 200 BN For Infrastructure In Budget ; Trump To Visit Treasury Dept Friday & Sign Finance - Related Executive Orders : Additional Items Of Note. 5) Odds & Ends - Venezuela , Iran , Turkey , Greece , Austria , Libya , Iraq In Focus !



Markets....



Asia......




A light day for the economic data calendar in Asia



Iron ore futures in China now up close to 6%







injects net 40bn yuan via , net injects for 4th day in a row.






PBOC injected net 170bn yuan via OMOs this week vs 70bn injection last week







PBOC sets USD/CNY mid-point today at 6.8823 (vs. yesterday at 6.8792)






Japan - Nikkei (preliminary) Manufacturing PMI (April): 52.8 (prior 52.4)
















US.....






US stocks close the day with solid gains




1 hour ago
ForexLive Americas FX news wrap: Markets get high on tax talk





WTI Futures Settle At $50.27/BBL, Down 17 Cents





France.....





Shots on Champs Elysée, avenue blocked & evacuated, shooter and one policeman killed - French TV








On a day when Paris Policemen are killed by terrorists , strange for Macron to call for Coalition airstrikes to destabilize Syria more ?









Whoa !!!







French President Hollande says he is convinced Paris attack was terrorist-related







1 hour ago
French election: Le Pen and Fillon have cancelled Friday campaign events





: ISIS claims responsibility for attack in . Attacker called Abu Yousef al-Belgiki via Amaq.







Replying to  
This rarely happens. ISIS claims responsibility for EU attack shortly after it happens, also names the attacker. Suggests coordination.







Shots allegedly fired at a different location from prior location.









North Korea .....





South Korea , United States and Japan will meet 4/25 to discuss their coordinated approach toward North Korea's nuclear & missile threats.







North Korea relies almost entirely on China for oil. If China cuts off oil to NK , wonder how military reacts - regarding Dear Leader ?







Something to keep an eye on...









Chinese AF land attack / cruise missile capable bombers put on " high alert."








While Russia moving troops,and equipment to NK border , China also preparing for NK contingency.








How, and why, China and North Korea have drifted apart









: UN Security Council slams 's ballistic missile launch









Possible sixth nuclear test by N.K could occur April 25th.That is the date of 85th Anniversary of N.K People's Army.








Japan, Australia to deepen ties amid North Korea tension:The Asahi Shimbun:The Asahi Shimbun




DPRK bank blacklisted by OFAC is now providing customers with trust fund accounts and up to 8.5% rates of returns








Trump mulls military options for North Korea. They’re all grim.








What does China want for North Korea? South Korea and the U.S. must not misread Beijing's objectives








US Politics .....









Jason Chaffetz is already exploring private sector jobs









The Georgia special election results are consistent with what's being seen nationally |









Hawaii senators fire back at AG Sessions for "island in the Pacific" comment






US prepares charges to seek arrest of Julian Assange of WikiLeaks....








NEW: Trump to make first visit to Treasury Dept. tomorrow to sign two financial-related executive orders (via & )







OMB Dir Mulvaney: Budget will include $200bn for infrastructure spending






Big unanswered q after POTUS presser: what did he mean by China's "Very unusual moves over the last two or three hours" re NK?






Chaffetz says he might not finish current term







MORE: Will be EOs + Presidential memo, 1 directing Treasury to "review and report" efficacy of Dodd-Frank's OLA (via me, )







White House and congressional Rs at odds over whether there'll be a vote as early next week on replacing Obamacare.




But House GOP says revised language for Obamacare bill hasn’t been agreed upon, no text yet, and there's no target date for a vote.






Focus now appears to be on an insider ( employee or contractor ) , not on a hack attack.





Odds & Ends....







Egyptian opposition news channel airs allegedly leaked video which appears to show Egyptian soldiers executing detainees.









We shall see how that plays out..






Syria simply will not use CW against Israel. Any such incident would be a classic false flag operation.






. tells : 's logistic support to US air action in very effective. No more risk of terror stronghold.








IMF interference in the French Election on display...










1 hour ago
: Only role for US in is defeating Islamic State





Protests aka " people power " on display in Venezuela....








PRES ROUHANI OKAYED TO RUN IN PRESIDENTIAL RACE. AHMADINEJAD DISQUALIFIED: PRESS TV.





*LE PEN SAYS SHE WON'T FORCE EURO EXIT ON FRENCH PEOPLE






GM plant and assets in Valencia , Venezuela seized by Venezuela. GM to immediately halt operations in Venezuela.








right now. Tear gas thrown at protestors. Chaotic scenes. (pic sent by friend's family in )







Turkey's electoral authority on Wednesday rejected appeals to annul Ref , CHP said it would maintain its legal challenge to the result.










Greek government seeking viable solution for country's debt



GREEK GOVT SPOKESMAN SAYS UNDER DISCUSSION WITH LENDERS IS IMF PARTICIPATION IN GREECE'S BAILOUT PROGRAMME, WITH SMALL AMOUNT, FOR ONE YEAR






Austria calls for closure of Mediterranean migrant route after 9,000 migrants were rescued over Easter weekend








Joint Operations launched a huge assault on controlled areas NW of Haditha Dam west Anbar province.














Waste of time..








Venezuela opposition calls new protest Thursday after deadly clashes