Thursday, June 1, 2017

Economic News , Data & Views......June 1 , 2017......Quick Hits For Thursday -1) Markets : Asia - Economic Calendar For Friday , Market Moving Data & News As Available ; US - Dow / S&P / Nasdaq All Close At Record Highs , US Crude Sees Green Today , Gold & US Treasuries Fall Back A Bit ; Europe - Main Indexes Mainly Green For Europe Today. 2) UK : Political Round Up Touching On Looming General Election . 3) US Political Round Up : US Announces Full Withdraw From Paris Accord ; Russia Probes Updates / Russia Related Items Of Note ; Trump Domestic Political Items Of Note ; US Embassy In Israel Not Moving From Tel Aviv - For Now ; UnMasking Probe Underway ; NAFTA News ; Additional Items Of Note. 3) Europe In Focus - Key News Items To Consider From Broader Europe Including France , Germany , Russia , Greece , Italy & More. 4) Philippines Under Terror Stress & Attacks Both From Embattled Marawi City ISIS Linked Militants & Surprise Attack In Manila Itself. 5) Libya In Focus - Wide Ranging Sweep Of Key News.



Rambling Man.....
















Markets.......




Asia....





1 hour ago
A quiet day on economic calendar in Asia today - here's what's coming up



PBOC injects a net CNY 30 bln for week via open mkt ops vs net CNY 30 bln drain last week




PBoC Reverse Repo Rates: 7 Day 2.45% (prev 2.45%), 14 Day 2.60% (prev 2.60%)




PBoC Open Market Ops - PBoC To Inject CNY 30 Bln Via 7 Day Reverse Repos - PBoC To Inject CNY 20 Bln Via 14 Day Reverse Repos






PBoC Fixes USDCNY Reference Rate At 6.8070 (prev fix 6.8090 prev close 6.8062)







1 hour ago
More on the BOJ buying JGBs (more than in previous operation)






1 hour ago
Australia data - HIA New Home Sales for April +0.8pct m/m (prior -1.1%)




China press: Huge setback for global efforts against climate change as US quits




Australia Q1 GDP - National Australia Bank looking for a contraction






S Korea Q1 Final GDP 1.1pct q/q (est 0.9pct, prev 0.9pct) S Korea Q1 Final GDP 2.9pct y/y (est 2.7pct, prev 2.7pct)






US.....






1 hour ago
A hat trick on the major indices today. S&P, Nasdaq and Dow close at record levels




Forexlive Americas FX news wrap: ADP employment beats. Major stock indices at records. USD strongest.





Europe.....




Europe shows mainly green for its major stock indexes today..






UK.....





Fwiw - Conservative 362 (+32 seats) , Labour 206 (-26 ) , Scottish National 47 (-9 ) Liberal Democrat 11 (+3 )....












Conservative election war chest swells with ten times more in donations than Labour






Founded in 1843 to support free trade now backs the party that would keep Britain in a protectionist bloc.







Pollster behind BBC debate audience hits back over left-wing bias charge







1 hour ago
Exclusive interview: Theresa May tells City AM about Brexit and the City







Full transcript of Tim Farro interview by Andrew Neil.













I started with 168 in 's sweepstake but am now down to 70.






















US Politics....




TRUMP ADMINISTRATION ASKS SUPREME COURT TO RESTORE TRAVEL BAN






U.S. environmental agency to offer buyouts to cut staff: memo







Trump officials pressed State Dept to lift Russian sanctions: report






Trump to make official trip to Wisconsin June 13 for "jobs" event, then will appear at fundraiser for Scott Walker, I'm told. (AP photo)





US Politics....



Trump to make official trip to Wisconsin June 13 for "jobs" event, then will appear at fundraiser for Scott Walker, I'm told. (AP photo)





Farage denies latest nuttiness from the Russia Investigation....






Farage has not been accused of wrongdoing. And he is neither a subject or target in the FBI investigation.









1 hour ago
FRENCH, GERMAN, ITALIAN GOVTS ISSUE JOINT STATEMENT SAYING THEY REGRET U.S. DECISION TO QUIT PARIS ACCORD ITALIAN STATEMENT




Pence framed climate decision as an example of Trump putting America's interests -- economy, consumers, jobs -- first above all else.




White House talking points on Paris exit underscore that the accord was BAD, negotiated poorly by Obama admin & signed out of desperation.




BREAKING: President Trump will announce a complete withdrawal from the Paris climate accord, source tells News.





Russian company sanctioned with respect to North Korea..






U.S. has admitted 46,371 refugees so far in FY 2017; up 19% in May



Very interesting comments....








It's official: Comey to testify publicly before Senate Intel next Thursday — June 8





Trump doesn’t think timing is right to move embassy from Tel Aviv to Jerusalem, wants to maximize chances for peace progress, WH aides say





Trump follows his 3 predecessors in signing waiver to keep US embassy in Tel Aviv for now--no Jerusalem move as promised, per





Subpoenas tied to the Russia investigation issued to unmask possible unmaskers.





Trump's Thursday morning tweets begin with comments on "unmasking."







Wilbur Ross says best the chance for completing a Nafta revamp is by January






Broader Europe.....











Turkey's FM wants no conditions for Cyprus peace summit






Germany to rethink ayslum decisions..







'Axis of love': Saudi-Russia detente heralds a new oil order:





New poll gives Macron's party 335-355 seats in French National Assembly. That would be absolutely impressive. Majority is 289.







France Confirms No Traces Of Russian Hackers In Macron Campaign Cyber-Attack





Renzi clashes with Italy's smaller parties over new electoral law






German Newspaper: Macron Is Tsipras’ Only Hope






German FinMin Schaeuble: Germany’s Account Surplus Partly Due To Lose ECB Monetary Policy





GERMAN FINMIN SCHAEUBLE - EURO EXCHANGE RATE IS TOO LOW FOR GERMANY











EU gives go-ahead to Italian rescue of troubled BMPS, the world's oldest bank







Philippines...




Replying to 
BREAKING: PNP has identified Resort's World gunman, are conducting followup operations.






1 hour ago
Replying to 
JUST IN: BFP sources indicate 34 bodies found on 2nd, 3rd floor of Resort's World.







1 hour ago
Replying to 
LOOK: Suspect's assault rifle recovered by police at Resorts World.







Replying to 
LOOK: Photo from another angle shows suspect seated on a stairwell after attack.







LOOK: Suspect from Resorts World attack taken moments after he opened fire.







JUST IN: Philippine fire agency says 34 bodies found in casino (ABS-CBN)





Horrible news......at least thirty bodies found in the Manila terror event.







Armed forces back in control...








Replying to 
- Witnesses on scene say they saw a masked gunman.






Replying to 
- At least 25 injured, victims still trapped inside: Philippine Red Cross.






Replying to 
- The wounded so far, allegedly were injured due to the stampede while rushing out. Number of victims inside and






Situation has calmed down at Resorts World , Police trying to get injured out while it appears that attacker escaped the scene.







Philippine plane accidentally killed 11 soldiers & injured 7 others-troops struggle to end a bloody siege by 500 ISIS-linked extremists.






Planes dropping bombs inside Marawi....









Door to door fighting underway....










Libya....













Libyan-Italian agreement for protection of 's southern border, combatting illegal migration & smuggling











1 hour ago
When you throw on a map the dates of the recent streak of clashes involving the LNA in westrn , you clearly see a rapid move up north.








PC decides to divide the country into seven military zones -





Ageilah Saleh discusses developments in the modification of the political agreement with the Italian Amb to








It seems we'll witness Imminent armed escalation in 's central region. Sirte and Jufrah areas.















not the govt. who said that. The foreign ministry in the Netherlands told me that. 'Authorities' ref. can mean a range of things.








Update: when asked detained by who/where/why-"The Libyan authorities, because she was taking photos & making videos nearby riots"







Clashes reported this morning between Bunyan al Marsous forces and LNA in east of Sirte ~17km. A vehicle + weapons seized by LNA forces.









The Chairman of PC, in his capacity as Supreme Commander, issues a decree to create 7 Military Areas in .









BRIEF-OPEC's Barkindo: too early for output caps on Libya, Nigeria







Manchester bomber's final calls to Libya investigated - The Times (subscription)






Elders of Jufrah: We welome the LNA under the legitimacy of the state.








Bosnian Ambassador discusses return of companies to .









Cash from the Central Bank of arrives in in an attempt to solve the liquitidy crisis.






output recovers to 827,000 bpd after technical problems resolved at field - NOC Map: