Monday, June 12, 2017

Economic News , Data & Views......June 12 , 2017.....Quick Hits For Monday -1) Markets : Asia - Economic Calendar For Tuesday , Market Moving Data & News ; US - US Stock Indexes End Red , But Well Off Lows Of Day , US Treasury Yields Trek Higher , Gold Off A Tad , US Crude Up A Tad ; Additional Items Of Note. 2) US Politics Round Up : Trump & Full Cabinet Meet - ISIS Strategy Coming In 2 Weeks , First POTUS Trip Discussed , Legislation On Dumping Steel & Aluminum Coming Soon ; AG Sessions To Testify Publicly Before Senate Intel Committee Tuesday ; Ninth Circuit Rules Against Trump On Revised Travel Ban ; Trump Will Not Testify Under Oath Before Congress ; Secret Service Denies Its Aware Of Recording In White House By POTUS ; Additional Items Of Note. 3) Europe In Focus - Key News Of The Day Touching On Greece , Italy , Germany , France & UK . 4) Syria War Updates - Focus Now On Both North Syria & South East Syria. 5) Qatar- KSA Tiff ( Day 8 ) Updates Of Note For Monday.6) Libya - Wide Range Of Updates On Matters Of Note today.



Markets.......





Asia.....





Economic data due from Asia today



's fixing cut by 6bp to 6.7954 per USD, vs prev 6.7948





injects net 50bn yuan via on Tue






China banking regulator does not see banking crisis in the country






Good morning Asia - ICYMI, the Bank of Canada flipped the switch overnight







Data due from Australia - NAB business confidence and conditions - preview






Japan press - Mitsubishi to sell its interests in Australian coal mines




1 hour ago
Japan - Q2 Business Sentiment Index: Large All Industry: -2.0 (prior was +1.3)




BOJ to Leave Economic Assessment Unchanged This Month: Sankei




US......





Stocks end down, but well off lows...



ForexLive Americas FX news wrap: BOC drops a bombshell



BITCOIN DOWN 13.8 PCT AT $2546.37 IN MIDDAY TRADE




nearly hits $3,000 before plunging over $300 to $2,625.





ETH -18% in the past hour





The roof is on fire for crypto-currencies today..









US Politics....




Maryland and DC attorneys general seek Trump's taxes in lawsuit over foreign payments to Trump hotel





JPMorgan Pulls Ads From NBC News After Megyn Kelly's "Repulsive" Alex Jones Interview






Source close to Trump says the president "is being advised by many people" NOT to fire special prosecutor Robert Mueller.






Top Intel Dem warns Trump: 'Don’t waste our time' trying to fire Mueller








1 hour ago
I wouldn't do this .......









No-POTUS won't testify before House or Senate ! Ignore what he said Friday-simply not going to be allowed to occur.






White House condemns Russian crackdown on protestors






Secret Service has no recordings or transcripts that POTUS made in the White House. One would think they would know.






Schumer calls Trump’s bluff: You’re invited to testify before the Senate under oath,…






Federal court cites Trump's tweets in ruling against travel ban






9th Circuit rules against Trump on revised Travel Ban...opinion of the Circuit Court , for those interested !





TRUMP SAYS HE WILL HAVE LEGISLATION SOON ON DUMPING OF STEEL AND OF ALUMINUM





AG Jeff Sessions to Senate Intel Tues, in public: "He believes it is important for the American people to hear the truth directly from him."





TRUMP SAYS WILL HAVE NEWS CONFERENCE IN TWO WEEKS TO TALK ABOUT FIGHT AGAINST ISLAMIC STATE




At 1st full Cabinet meeting, Trump lauds his overseas trip and says the deals with Saudis will bring thousands of jobs.




Trump and full cabinet are about to meet for 1st time. Tillerson and Mattis will talk about ISIS, Acosta about workforce, per .




Europe In Focus ...





Greece....





Receipt lottery to launch by end of the month







PPC plays down impact of lignite mine collapse








Menidi residents clash with police, demand crime crackdown







Three in 10 Athens stores remain shut






Average salary fell 2.07 pct within a year






Shanghai teams up with Piraeus to boost container traffic






Bomb scare at offices of main opposition party





Athens buses and trolley buses hold stoppage on Tuesday






Doctors on strike to demand hiring more staff at hospitals





Earthquake kills woman on Greek island of Levsos





6.3R hits near . Damaged buildings. No injuries reported so far, says Manolis Armenakas, dep mayor






Many houses at the village of Vrisa in southern have collapsed after 6.1-magnitude quake. Citizen Protection min on his way-ANA






Germany...




demands random police checks across by






Germany to have up to 760,000 new jobs by year’s end: report







44 cancelled flights on one day: Air Berlin struggles to stay aloft






Merkel congratulates Macron on 'great success' in parliamentary elections







Italy....





Italian political round up after Sunday's Local Elections..





ITALIAN 10-YEAR GOVERNMENT BOND YIELD DROPS BELOW 2 PERCENT FOR FIRST TIME SINCE JAN. 24, DOWN 9 BPS ON DAY






risk spread over Germany keeps falling as 5 Stars suffered a setback in Sunday's local elections acc to early results and exit polls.







France....





Why don't the French care about the vital parliamentary elections?







French Socialists suffer disastrous election results as heavyweights are wiped out






risk premium over Germany drops to 36bps following a landslide victory for Macron Party in parliamentary elections.





UK....




Brussels hoping May not ready. ...






Theresa May tells Tory MPs: I'll get us out of the 'mess' I created






UK Politics: Tories and Labour Held Secret Talks On Soft Brexit - Telegraph







Replying to 
The full minister of state moves








UK Politics: PM May Names Joyce Anelay As U.K. Brexit Minister






No10 refuses to deny Donald Trump wants state visit delayed








Labour confusion as Barry Gardiner suggests party could back single market membership after all







UK Chancellor Hammond: Coalition Governments Generates Uncertainty, But Hopes People Will Bide Time, See How Government Will Work - RTRS





UK PM May To Conservative Lawmakers; Says ‘I'll Serve You As Long As You Want Me’ - RTRS






Scottish Conservative Leader Davidson: Free Trade Should Be At Heart Of Brexit




Scottish Conservative Leader Davidson: Could Be Changes To Brexit Offer Moving Forward - RTRS





Senior UK Conservative Lawmaker Green Unable To Confirm Timing Of Queen’s Speech Setting Out Legislative Agenda - Sky





DUP will support the government "for as long as Corbyn leads Labour", a senior DUP source tells me






Syria....




Fighting breaks out amongst Syrian rebels in city of al Bab






Replying to 
Syrian Republican Guard Gen. Issam Zahreddine at the frontlines as they continue repelling nonstop Daesh (ISIS) attacks in Deir Ez Zor today







SAA in DeirEzzor repelled a large attack by IS on city, losing Mosul-Raqqa + Gov&allies advance in desert means more desperate IS attacks




Residents of northwest Syrian town protest crackdown by Al-Qaeda-linked faction





Replying to 
SDF & Coalition forces capture sugar factory & re-enter 17th Division base after IS retreat under heavy bombardment





Replying to 
SDF & Coalition capture large parts of Industrial/Sina'a & Hattin neighbourhoods in Raqqa city amid sporadic clashes with IS inside Raqqa





Huge attack west of Deir Al-Zour today: City is in danger mainly because ISIS is losing ground & concentrated in this area down 2Qaem








Qatar- KSA MENA Turf War....




Interesting....






Minister of Defense Khalid Attiyah is visiting Washington with other members of Government. Visit comes as crisis enters 2nd week.









1 hour ago
Blockade has had a limited impact, says Qatar's trade and economy minister





& say they won't allow Qatari planes to use their airports over concerns they are carrying foreign fighters.






Shuttle diplomacy updates...







Qatar's national airline CEO: I thought Trump would be more shrewd








Map of Turkish diplomacy on behalf of Qatar since the crisis. Red: Visit Black: Phonecall Blue: Open appeal









blocks 's BeIN Sport Network, one week into spat 👇🏽









Egypt 's media crackdown continues..









Hundreds of containers on their way to Qatar from Oman







crisis Day 8 •Qatar:Open to dialogue •UAE: Solution thru Saudi not intl •Doha seeks shipping routes thru Oman •Iraq PM in KSA on Wed.








OPINION: and the axis of extremism. Columnist writes:







stops milk supplies into . Solution: Doha airlifts 4,000 cows from Australia and the US






Qatar-Saudi land border deserted after frontier shut








Qatar Central Bank says Banks operating normally and liquidity levels in Qatar banking sector adequate , despite ongoing diplomatic crisis.








UAE pov on Qatar-measures taken by UAE et al vs Qatar aimed at pressuring Doha into changing its policies, not at overthrowing its regime.







Replying to 
💥 👆: FM: Diplomacy is the solution to the current crisis but the foundations of this solution are not available yet.







Replying to 
💥 Qatar is still playing, GCC knows the name of their game: FM: We are ready to study the demands but have got no answer on that.







💢 FM to Aljazeera: Doha, Washington currently in contact with over the crisis:





Libya....





This is not good. Timing with Mufti Ghariani being listed on those terror lists , will make folks wonder too.














This is not good. Timing with Mufti Ghariani being listed on those terror lists , will make folks wonder too.















1 hour ago
Brig. Gen.Idris Madi confirms Abubaker Seddik Brigade to be dissolved, become part of LNA's western military region










1 hour ago
Federalist Bloc says supports Ageilah Saleh's position on restructuring constitutional drafting body.








1 hour ago
The Trust Insurance Company denies any connection with Ali al-Sallabi or any political organization in










1 hour ago
International medical aid arrives to the health sector in .








UN reports numerous Libya arms embargo violations on both sides of the conflict -

















LIBYA OIL OUTPUT SAID TO REACH 820K B/D ON SHARARA RESTART







- LNA announces formation of new infantry brigade- 128, to be based out of Jufrah region following expulsion of