Friday, April 28, 2017

Economic News , Data & Views.....April 28 , 2017......Quick Hits For Friday -1) Markets : US - Stock Indexes End Friday In The Red , US Crude Up 36 Cents Today But Down $1.27 For April : Europe Stock Indexes Also End In The Red For Friday ; Asia Stock Indexes Finish Mainly In The Red On The Last Day Of April. 2) US Politics : North Korea In Focus ; NSA Halts Collection On 702 Upstream Collection Program ; DC "Swampland News" ( Manafort , Gorka & Flynn Items To Consider ) ; NAFTA Reconsidered After Impacts Became Clear To Trump ; Trump Has Signed More Bills Into Law Than Any Other GOP President In Fist 100 Days ; South Korea Rejects Trump "Suggestion " SK Pay A Billion For THAAD Defense System ; Additional Political News To Consider. 3) Europe News For Friday : France Election Updates & General News From France ; Greece Economic News For Friday UK : General Brexit News Of Note ; Abe Meets May Today & Discusses Trade & Brexit Impacts ; Additional Items Of Note ; Local News From Italy , Spain & Germany. 4) Odds & Ends !



Wall Street slips on weak GDP, ends April with gains

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US stocks end the session with small declines

Forexlive Americas forex news wrap: US GDP tiny, but who cares? It's just the 1Q.

US Crude oil futures settle the week $49.33 /BBL

Oil settles at $49.33 a barrel: -- Up 36c today -- Down 29c for the week -- Down $1.27 in April -- Down $4.39 ytd -- Up $3.30 in past year

Baker Hughes total rig count comes in at 870 vs 857 last week


European stocks end the mixed. Gains for the week.


Good morning! Asia stocks edging lower as investors took profits into mth end. Korea Won weakened after Trump threatens to smash trade deal.

Rebar and Iron Ore rally more than 4% ahead of Golden Week holiday.

Beijing existing home asking price down >10% in April, more property agents closing their branches.

UA Politics....

US Secretary of State Tillerson delivers tough message to NK at UNSC , NK tries but fails to launch a/o missile.

China says it will fully implement UN sanctions against North Korea. And hopefully they mean it....

Tillerson speech at UNSC today regarding threat of North Korea.

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Statement by NSA on the halting of "about" collection on section 702 upstream collection programs

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NSA: as part of this curtailment, NSA will delete the vast majority of previously acquired upstream internet comms as soon as practicable.

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NSA also undertaking a declassification process of the FISC opinion and order and minimization procedures for the narrowed certification

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"The White House has been seeking a position for Gorka that does not require a security clearance."

JUST IN: New docs reveal details of Manafort's pro-Russia lobbying

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Here's the letter from the inspector general announcing a new investigation into Mike Flynn's payments from foreign governments

Trump changed mind on NAFTA after being told it would hurt his voters most:

"We passed 28 bills. And by the way tomorrow it could be 32," Trump told Fox News this morning, per transcript.

Trump has signed more bills into law than other GOP presidents in first 100 days: study

South Korea rebuffs Trump’s $1 billion use-charge for a U.S. missile-defense system

Trump huddled with Majority Whip Steve Scalise about health care bill this a.m. Spicer: "We feel very good about where this is headed."

Trump today signed executive order to start the process of opening offshore areas in Arctic to oil exploration, reversing Obama-era ban.

US & Turkey about to bump heads regarding Syria-regarding Kurds generally & the taking of Raqqa specifically ?

Trump said yesterday he'll announce his decision on U.S. staying in Paris climate accord in about 2 weeks, Reuters says.


France ....

Melenchon goes after Macron , as May 7th gets closer and closer..

French Presidency Election update. Shake up in Le Pen Camp...

JUST IN: Defeated first-round French presidential candidate Dupont-Aignan says endorses Le Pen for president

: France welcomes the appointment of Edmond Mulet as the head of / Joint Investigative Mechanism

French workers fear their poor English is harming their career chances

French media blast Le Pen while Macron bans Russian news sites

Seems are having trouble convincing their voters to vote against . Worrying for

ICYMI Macron wants to renegotiate Le Touquet agreement with the UK


UK PM May meets Japan's Abe to discuss Brexit fallout

Japanese PM Abe asks May for 'smooth Brexit' for business

UK PM May: Have Reaffirmed With Japan’s Abe Our Commitment To Free Trade

UK PM May: Determined To Remain The Best Place In Europe To Do Business

UK PM May: This Is Not A Time For The UK To Isolate Ourselves

Donald Tusk: UK must settle ‘people, money and Ireland’ first in Brexit talks

Breaking - EU's Tusk says UK must settle 'people, money and Ireland' before talks on trade deal, in pre-Brexit summit letter -

Greece .....

Delay in tax case rattles winemakers

Good omens from French tourism market

Property owners up against wall

Private sector deposits edge upward in March

Retail sales rise 9.6 pct in February

Local News Round Up - Italy , Germany & Spain

The comeback kid: Matteo Renzi hot favourite to lead his party again

Spain notches up steady economic growth

Govt could block Turks from voting in Germany on death penalty

Italy breaks up Berlin terror cell linked to Christmas market attacker

Germany urges EU not to break off Turkey accession talks

Odds & Ends.....

Broader MENA.....

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Isis fighters ‘attacked Israel then apologised'

Who will fill the vacuum that the Islamic State leaves in the east of Syria?

*ISIS fighters” - the intelligence document says - “would present false passports &, posing as members of the Majlis Shura Thuwar Benghazi*.

A Saudi prince needs 3 sources of power to become king, and the most important one isn't the Saudi people

Turkey Supreme Election Board announces official results of referendum. Yes wins.

Russia still attempting to promote Astana talks as new medium for Syria crisis: invites US as observer for May 3-4

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Libya refused international requests to strike migrant smuggling militias: GNA Foreign Minister Siala -

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Mustafa Sanallah (National Oil Corp Chairman) reiterates support for private sector oil and gas companies in

Int'l Organization for Migration: 381,463 migrants have attempted to reach Europe through Libya in the last 4 months

Breaking:Some HoR members to meet in Tripoli with Serraj, Presidency Council members, Audit Bureau & ACA to discuss Libya's financial crisis