Thursday, April 27, 2017

Economic News , Data & Views.......April 28 , 2017.....Quick News For Thursday -1) Markets : Asia Calendar For Friday , Market Moving News And Data ; US Stocks End Green With Nasdaq Powering Ahead Much Stronger Than S&P & Dow , US Oil Off 1.31% But Off L.O.D , Ten Year Treasury Yield Tick A Hair Lower , Spot Gold Up 5 Bucks , Additional News Of Note. 2) US Politics For Thursday : "Replace & Repeal " Updates ; VA Executive Action Signed ; North Korea Situation News Items De Jour ; NAFTA Negotiation Rather Than Termination By POTUS On The Table For Now ; Trump Tax Plan Items ; Mike Flynn Travails ; Gov't Funding Bill Updates ; Additional Items Of Note. 3) Europe In Focus : Macedonia Uproar In Parliament ; UK- EU Brexit News ; ECB Keeps Rates And Bond Buying Program Unchanged , Draghi Comments Of Note ; Spain Unemployment Rises For First Time In Two Years ; Russia Ship Collides With Turkish Vessel And Sinks Today Off Turkish Coast ; German Police Catch German Soldier Plotting Terror Act As Syria Refugee ; DB Earnings Disappoint ; Italy Election Law Update ; Greece News Of Note ; French Election Updates. 4) Odds & Ends - Turkey Purge Continues , Israel Strike Near Damascus Airport Confirmed Confirmed , Knife Incidents In UK And Sweden Today , Libya News Of Note ,



Economic data due from Asia today - Japan CPI and plenty more

Trump expands beyond Canada and Mexico on trade. Now South Korea in his crosshairs...

MORE: Trump wants to renegotiate or terminate 'horrible' trade deal with South Korea, wants it to pay for $1-billion THAAD missile defense

PBOC Fixes Yuan at 6.8931 against US Dollar

Reuters: Trump says there is a chance of a "major, major" conflict with Nth Korea

Says North Korea is his biggest global worry Trump says he would like to resolve North Korea situation diplomatically "but very difficult"

1 hour ago
Japan data out Inflation +0.2% (Bank of Japan target is 2%) Job-To-Applicant Ratio 1.45 (estimate 1.43) Jobless rate 2.8% (lowest since '94)

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JPN Mar P Industrial Production (MoM): -2.1% Est. -0.80% JPN Mar P Industrial Production (YoY): 3.3% Est. 3.90%

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JPN Apr Tokyo CPI (YoY): -0.1% Est. -0.2% JPN Apr Tokyo CPI Ex-Fresh Food (YoY): -0.1% Est. -0.2%

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JPN Mar National CPI (YoY): 0.2% Est. 0.3% JPN Mar National CPI Ex-Fresh Food (YoY): 0.2% Est. 0.2%

SK March Industrial Production (MoM): 1.5% Est. 1.5% SK March Industrial Production (YoY): 3.0% Est. 4%

NZ March Trade Balance NZD (MoM): 332m Est. 370m NZ March Trade Balance NZD (YoY): -3.67bn Est. -3.706bn

NZ March Trade Balance NZD (MoM): 332m Est. 370m NZ March Trade Balance NZD (YoY): -3.67bn Est. -3.706bn

NZ March Exports NZD (MoM): 4.65bn Est. 4.66bn NZ March Exports NZD (YoY): 4.31bn Est. 4.016bn

BOJ C/A Balance 356.9Tn JPY, Reserve Balance 269.7Tn JPY

US Sec State - China warned Nth Korea it would impose sanctions if nuke test

ICYMI - Reserve Bank of Australia Governor Lowe spoke overnight


Record close for the Nasdaq. S&P up marginally.

ForexLive Americas FX news wrap: Draghi takes the euro for a ride

U.S. crude futures settle at $48.97/bbl. ⬇$0.65. -1.31%. _M7 volume: ~629k

US Politics.....

"We are not voting on healthcare tomorrow or Saturday" - Kevin McCarthy

Niki Haley keeps going off the reservation....

Schumer warns GOP moderates: There will be "huge consequences" in 2018 if you support GOP healthcare bill

American Medical Association warns against passing revised GOP healthcare bill

In the room for VA event with Trump: Iowa Sen. Joni Ernst, Georgia Sen. Johnny Isakson, Tennessee Rep. Phil Roe, 150 guests.

Don’t obsess over the wall

News: Sec State Rex Tillerson tells US favors direct talks with North Korea on ending its nuclear program. More Friday.

Uh oh: New ObamaCare repeal bill on life support

Trudeau, Nieto ready to renegotiate NAFTA with Trump

What Happened The Last Time Companies Got A Tax-Break On Overseas Cash?

Stopgap bill in trouble: Schumer says Republicans need to drop demands for “poison pill” policy provisions in omnibus spending bill

Pres signs Executive Order to establish Office of Accountability and Whistleblower Protection at the . His 29th E.O. as pres.

Pelosi: Government funding bill still has "70 poison pills"

Trump’s health-care bill won over the Freedom Caucus — but risks losing everyone else

CEOs are salivating over Trump's tax cut plan, vague as it is.

Trump tax plan prompts GOP fears about deficit

"I was going to terminate NAFTA as of 2 or 3 days from now," Trump told press in Oval Office, per .

"President of Mexico, who I have a very very good relationship called me & also the PM of Canada, who I have a very very good relationship."

In Oval Trump says knows terminating NAFTA "would be a pretty big shock to the system." "I think we'll be successful in the renegotiation."

Republicans are rethinking their disdain for the Paris accord — creating a political headache for Trump

Michael Flynn warned by DIA against accepting foreign payments in 2014, Pentagon IG investigating, per House Oversight, Cummings

China says it welcomes Trump’s openness to talks with North Korea

Quick takeaway-W.H commitment to continue funding subsidies-a gamble House can quickly pass "Replace&Repeal" Bill.

SCOTUS justices alarmed by government’s hard-line stance in citizenship case

Jesse Watters announces vacation following backlash over Ivanka Trump remark

New House health repeal bill is already losing the Senate


1 hour ago
Anti-terror Operation in UK details..

Protesters storm Macedonia's parliament, attack politicians, deepening country's crisis. Follow the latest:

Macedonia in focus today..

Big bailout issues 'resolved,' gov't says as lenders keep pressure on

The only certainty is tax hikes

Two main unions call walkout for May 17

Arrests have been made , two knives seen on the ground (as per ForexLive.)


Despite the words of PM Tsipras , this is the reality of the relationship between Greece and its Creditors.

Spain's unemployment rate rises for first time in two years

Both UK and EU benefit if a trade agreement is reached..

No changes made by ECB to interest rates or its bond buying program.

's Draghi days assessment on 4 inflation criteria hasn't changed.

Draghi: Governing Council discussion was on balance of risks on growth, not regarding inflation. In the end all members agreed on language.

ECB’s Draghi: Not ‘Sufficiently Confident’ That Inflation Is On Track -No Need For Deviations From Indicated Policy Path

Replying to 

Zing! Draghi says Schauble's criticism of ECB is "ironic" from a supposed supporter of central bank independence 🕺

ECB’s Draghi: Seen Limited Side Effects Of Negative Rates -Describes Neg Rates, Other Tools As ‘Powerful’

Draghi hitting the right notes so far..

* ECB’s Draghi Says His Criteria Of Inflation Assessment Remains Unchanged *

Draghi on French election: In Governing Council we discuss policies not politics.

Apr CPI releases so far: Germany 2.0% YoY Belgium 2.3% YoY Spain 2.6% YoY

Replying to 
Russian navy ship sinks, crew saved: Turkish coastguard

Russian navy ship damaged in collision off Turkish coast: Moscow

Fortunately , this was foiled before the evil plan was acted uopn.

The 28-year-old posed as a Syrian refugee and planned to carry out an attack, motivated by xenophobia

DB bad earning report hits stock today.....

Italian president asks parliament to approve new electoral law 'urgently'

.: Juncker told May it's not realistic that agreement on the future relationship can be concluded before Sept-Oct 2018

French race getting a little tighter...

Top euro officials eye May agreement on Greek loans

Macron slower off mark than Le Pen in last French election lap -poll

Podcast from Paris: Our correspondents and discuss the French election's second round

A little joke. traza un (demoledor) perfil de François Hollande que merece la pena leer.

Odds & Ends....

How to install a 31-year-old prince to the Saudi throne, in 4 parts

Putin foe's Moscow office raided; another opponent doused with chemical

Sharara oil field reopens again following NOC deal with Zintan and PC’s Petroleum Guards -

Turkey suspends 9,000 police and breaks up 'secret imam' network

National Oil Corporation of Libya has agreed with Zintani elders to reopen Sharara oil field. Two hundred thousand barrels to be added

2 knife attacks reported within an hour. Perp on the loose,still.

What triggered ’s horrendous protests: a deeply-engrained inflationary spiral; basic-food & basic-supplies shortages.

Fwiw , last night airstrikes reported to hit key Hezbollah and Iranian Revolutionary Guard figures...

An alleged Israeli strike on Thursday hit an arms supply hub operated by the Lebanese Hezbollah group near Damascus airport.

Among the 9,103 police suspended yesterday as "FETÖ" were 19 members of President Erdoğan's own protection unit.