Markets....
Asia....
Economic data due from Asia today - Japanese inflation data (+Fed & BoC)
PPI Services weaker than expected..
Japan National CPI (YoY) Apr: 0.4% (exp 0.4%; prev 0.2%)
- CPI Ex Fresh Food (YoY) Apr: 0.3% (exp 0.4%; prev 0.2%)
Tokyo CPI (YoY) May: 0.2% (prev -0.1%)
- CPI Ex-Fresh Food (YoY) May: 0.1% (exp 0.0%; prev -0.1%)
Its inflation day in Japan (ummm, no, not a holiday, the data for CPI)
US....
Another day around the way..
S&P and Nasdaq sets another record (what's new?).
ForexLive Americas FX news wrap: Oil rolls over after OPEC extends deal
Technical analysis: Crude oil crumbles after OPEC. What are the charts saying?
Technical analysis: Crude oil crumbles after OPEC. What are the charts saying? http://technical-analysis.forexlive.com/!/technical-analysis-crude-oil-crumbles-after-opec-what-are-the-charts-saying-20170525 …
Additional Items Of Note....
$VIX falls for the 6th day in a row, closes below 10. 36% decline over that period one of the largest in history.
Bitcoin trading range today - high of $2,799 and low of day down to $2,230 ! High anxiety for recent buyers !
US Politics....
TRUMP FRIDAY:
--meets with Japan's Shinzo Abe
--G7 meetings
--La Scala Philharmonic Orchestra concert
--dinner w Italy's Sergio Mattarella.
Investigators examining meetings of Kushner w/ Russian Ambassador and a Russian banking executive during the presidential transition.
Jared Kushner under scrutiny by FBI as part of Russia probes....
#BREAKING Declassified memos show FBI illegally shared spy data on Americans with private parties | Circa News - http://circa.com/politics/declassified-memos-show-fbi-illegally-shared-spy-data-on-americans-with-private-parties …
Trump to EU leaders on Germany: "Look at the millions of cars they're selling in the US. Terrible. We will stop this."
Trump criticized German trade relations in meeting with EU officials, Der Spiegel reports citing unnamed officials.
Chairman Chaffetz responds back to the FBI...
UPDATE: In response to House Oversight Cmte. request, FBI says still reviewing documents related to Comey memos - @AlexNBCNews
FBI tells House Oversight Cmte. that consultations and evaluations on documents are ongoing after appt. of special counsel in Russia invest.
In response, Chairman Chaffetz tells FBI that the cmte. doesn't want to impede the invest, but public has right to review the documents.
UK'S MOST SENIOR COUNTER TERRORISM OFFICER SAYS INTELLIGENCE SHARING WITH U.S. HAS RESUMED AFTER RECEIVING FRESH ASSURANCES: RTRS
"I said he's looking" but not committing to "lifting or increasing" sanctions on Russia. "He's looking," Gary Cohn said.
Arguments have been "persuasive on both sides" of Paris climate agreement, Trump's Gary Cohn told us on AF1. Interested in Europe's ideas.
From earlier today at NATO Confab...
President Trump lectures NATO allies on "paying their fair share" of defence costs http://aje.io/l2jk
Leak investigation on the way..
Lieberman explains why he has withdrawn as a candidate for the FBI Director post..
JUST IN: U.S. Appeals Court in the 4th Circuit keeps block to Trump's travel ban in place
Trump asks DOJ to launch review on leaks and wants fullest prosecution of leakers.
.@TheJusticeDept AG Sessions:We have already initiated appropriate steps to address these rampant leaks that undermine our national security
Europe....
Italy...
Veneto Banks get state guarantee over liquidity...
More than 900 million euros at stake for Italian businesses....
#Italy PM Gentiloni: NATO's approach in #Libya must be cautious and gradual
http://alwasat.ly/ar/news/libya/142943/ …
Italian finance minister reassures over liquidity of troubled banks https://www.ft.com/content/daafda3c-148e-3b8c-a913-33d8f0e4e79d … via @FT
Polling Data.....
UK, YouGov poll:
CON-ECR: 43% ↓
LAB-S&D: 38% ↑
LDEM-ALDE: 10% ↑
SNP/PCY-G/EFA: 5%
UKIP-EFDD: 4% ↑
Greens-G/EFA: 1% ↓
BNP-*: 0%
#GE2017
UK, TNS poll:
Con-ECR: 42% ↓
Lab-S&D: 34% ↑
LDEM-ALDE: 9% ↑
UKIP-EFDD: 4% ↓
Greens-G/EFA: 4%
#GE2017
France: Not often: women support anti-establishment parties (FI-LEFT, FN-ENF) more than man. #legislatives2017
France: FI (LEFT) strongest party among young voters (Opinion Way poll). #Legislatives #Melenchon #Macron
France, Opinion Way poll:
REM+-ALDE: 320
LR-EPP: 150
FI-LEFT: 27.5
PS-S&D: 27.5
FN-ENF: 12.5
#Legislatives2017
France, Opinion Way poll:
EM+-ALDE: 28% ↑
LR+-EPP: 20% ↑
FN-ENF: 19% ↓
FI-LEFT: 15% ↑
PS+-S&D: 10% ↓
PCF-LEFT: 2% ↑
NPA+-LEFT: 1%
Italy, Piepoli poll:
PD-S&D: 30% ↑
M5S-EFDD: 29%
LN-ENF: 13%
FI-EPP: 12%
FdI-NI: 4% ↓
AP-EPP: 3%
SI-LEFT: 3%
Germany, election.de prognosis:
CDU/CSU-EPP: 222
SPD-S&D: 72
LINKE-LEFT: 4
GRÜNE-G/EFA: 1
AfD-ENF: 0
FDP-ALDE: 0
Greece.....
1/3 We r saddened by the attack against our former colleague,Lucas Papademos, a brave public servant of Greece and Europe says Mario Draghi
2/3 on behalf of the Governing Council and staff of the ECB: our thoughts are with Lucas, his family and his colleagues.
3/3 Past and present colleagues from the Executive Board wish to express their deep affection for Lucas.
The attack "will not undermine our morale", says Yannis Stournaras, governor of the Bank of Greece, going in to visit L. Papademos.
Greek ERT state TV reports letter bomb that exploded in his car has not seriously injured ex interim PM and ex ECB VP Lucas Papademos.
Blast in car reportedly carrying ex-interim PM Lucas Papademou happened near Athens's Patission Street #Greece
Skai reports explosion involving car of former interim PM Lucas Papademou #Greece
Spain....
In his tweet, Rajoy says "US and Spain work together to guarantee security and well being". Trump admonished NATO leaders over spending.
Catalonia threatens Spain with financial bloodbath. Keep your eyes on Spain.
As warned, this means that the Catalonian Parliament will move forward with their plans to unilaterly declare Catalonia an independent state
Catalonia’s secret independence plan revealed http://trib.al/tiD75il
UK / Manchester Attack...
Very interesting thread ( 12 tweets as of time of post ) , something off about ISIS "claim " for Manchester terror attack....
US , UK and France Authorities had insights into the Manchester bomber before this week's attack...
Not a little list: EU draws up Brexit bill
Further details relating to the EU's "Brexit Bill " will become known after the June General Election in the UK.
Before the dead from Manchester are even buried, Corbyn prepares a speech tomorrow that places some of the blame for this on...Britain.
READ: Corbyn Speech Blaming Foreign Policy For Manchester Attack Here >> https://order-order.com/2017/05/25/corbyn-foreign-policy-a-cause-of-manchester-attack/ …
Police find "huge" chemical weapons cache and components at Salman Abedi home in #Manchester, sparking fears of more bombs.
Must read thread on free flow of Jihadists between U.K. and Syria.
#Manchester
#Manchester
Trump Sides With U.K. Against U.S. Intelligence Over Manchester Leaks http://thebea.st/2rZJBOm?source=twitter&via=desktop … via @thedailybeast
Armed police patrol trains after Manchester terror alert http://www.telegraph.co.uk/news/2017/05/25/armed-police-patrol-trains-manchester-terror-alert/?utm_source=dlvr.it&utm_medium=twitter …
Sessions vows to find source of leaks about Manchester terror attack http://hill.cm/nylHUmH
10 held in Manchester attack probe http://f24.my/1Glz.t
Just a heads up for folks in UK-Intel Agencies believe bomber Salman Abedi made several bombs which were passed on.
Terrorist Abedi visited Dusseldorf before suicide bombing http://dlvr.it/PDpW6w
Libya......
Pictures from inside Tamanhint base after withdrawal of the Third Force and LNA 12th Brigade takeover. #Libya
http://alwasat.ly/ar/news/libya/142936/ …
Protestors in Hun gather to call for a stop to airstrikes and military operations. #Libya
http://alwasat.ly/ar/news/libya/142912/ …
Ageilah Saleh meets with delegations from eastern #Libya tribes and municipalities including #Benghazi
http://alwasat.ly/ar/news/libya/142929/ …
CBL distributes a total of $ 304 million in $ 400 allowance - https://www.libyaherald.com/2017/05/25/cbl-distributes-a-total-of-304-million-in-400-allowance/ …
Tripoli Supreme Court rejected appeal & upheld its previous verdict- appointment of the steering committee by the PC still null and void.
Turkish Airlines inspects Mitiga airport with view to restarting flights soon - https://www.libyaherald.com/2017/05/25/turkish-airlines-inspects-mitiga-airport-with-view-to-restarting-flights-soon/ …
Libya’s private sectors call for radical economic reform at Tripoli meeting - https://www.libyaherald.com/2017/05/25/libyas-private-sectors-call-for-radical-economic-reform-at-tripoli-meeting/ …
Iraq.....
North Korea....
Ri Pyong Chol-former top A.F general; Kim Jong Sik- rocket scientist; Jang Chang Ha- head of a weapons development & procurement center.
U.S. bill would ban Americans from traveling to North Korea as tourists: http://reut.rs/2rEmCfs
China did not import any North Korean coal for the second straight month in April http://buff.ly/2rjgXM6
#DPRK's Pukguksong-2 is likely to achieve reliable performance in about a year, would be used for secondary strikes http://38north.org/?p=11619
Latest test of Pukguksong-2 from Lake Yonphung shows #DPRK can launch from anywhere, not just fixed launch positions http://bit.ly/2qTpYun
Philippines...
Duterte Declares Martial Law on ISIS Captured City - Marawi makes up roughly one third of the Philippines Duter... http://ow.ly/4Wrg50bJLpk
31+ members of the Maute terrorist group have been killed in ongoing gunbattles in #Marawi City #Philippines -#ISIS http://news.abs-cbn.com/news/05/25/17/31-maute-group-members-killed-in-marawi-gunbattles-afp-says …
#Malaysians among #ISIS-linked militants killed in besieged southern Philippine city of #Marawi http://bit.ly/2rWt0Mb
RT:
Marawi City [Philippines] has been invaded by ISIS．
Not 21 dead - https://goo.gl/9Fv6us ，but at least 200 people!
(
from a 
Tumblr)
from a Tumblr)
http://www.msn.com/en-ph/news/national/philippine-troops-bomb-islamist-militants-in-city/ar-BBBwR1j?li=AAb280R&ocid=spartandhp … Philippines forces bomb Isis in city of Marawi
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