Friday, June 23, 2017

Economic News , Data & Views....June 23 , 2017.....Quick Hits For Friday-1) Markets : US - Dow & S&P Basically Unchanged But Nasdaq Fares Better , Gold Catches A Bid And Oil Bounces A Bit , Ten Year Essentially Unchanged. 2) Europe In Focus : Italy - Veneto Banca & Banca Populare Deemed Failing Or Likely To Fail And Will Be Resolved Under Italian Law ; UK- Political Round Up , Latest On Grenfell Cladding Conundrum ; Greece - News Of Note ; France - Macron Learning The Ropes , Ruffles Some Feathers At EU Leadership Summit , Additional News Of Note. 3) US Politics : Russia Interference Probes Updates ; Senate Launching Inquiry Into Loretta Lynch Conduct In Clinton Email Investigation ; Healthcare Updates ; Former Gov't Contractor Sues Jamey Comey Alleging Coverup Of 20 Million Americans Unmasked ; Additional Items Of Interest. 4) MENA : Saudi Arabia- Authorities Foil Terror Attempt Targeting Grand Mosque In Mecca ; Qatar- Updates In Gulf Rift For Friday ; Syria - State Of Play For Deir Ezzor & Raqqa ; Iraq - Updates On Mosul Front & Horrible ISIS Terror Attacks In East Mosul Today.



Markets.....




US....








FOR THE WEEK, THE DOW ADDED 0.05 PCT, THE S&P ROSE 0.21 PCT, THE NASDAQ GAINED 1.84 PCT





ForexLive Americas FX news wrap: Canada inflation misses the mark


Oil gains Friday but has declined in five consecutive weeks. Why it could bounce back






Europe.....




Italy.....






won battle to protect senior creditors of Veneto & Vicenza after convincing EU to allow local law. Most bonds sen, so no real bail-in







Mkts dismiss reappearance of EU banking crisis. Euro stable around $1.12 despite ECB declared Veneto & di Vicenza failing or likely to fail.






ECB deemed Veneto Banca and Banca Popolare di Vicenza failing or likely to fail





ECB Says Two Veneto Banks To Be Wound Up Under Italian Rules On Solvency Affects Veneto Banca And Banca Popolare Di Vicenza





Monte Paschi Perpertual plunges as ECB has declared Veneto Banca and Banca Popolare di Vicenza failing or likely to fail.





UK.....





1 hour ago
Theresa May’s plans for EU citizens ‘vague’ and ‘inadequate’ - EU leaders:






Inside the mind of the DUP: What will the Northern Irish unionists be demanding from Theresa May?






David Gauke: Triple pension lock will go and benefit freeze stays






LISTEN to the NEW PolHome Podcast: Theresa May shreds the Tory manifesto. We chat Queen's Speech, Brexit & more -







Tomorrow's Daily Telegraph front page: Hospitals feared to be at risk of inferno








5 London towers being evacuated over fire safety fears: authorities







BREAKING -- Camden council leader says 800 households affected -- block booking hotels. Two to four weeks





Greece....




Greek PM: Cyprus Is Primarily a European Issue




Macron-Merkel: We Didn’t Talk About Greece and That Is Good




9,487 Migrants and Refugees Stranded on the Northern Aegean Islands




Houses in Athens Sold at Ridiculous Prices Due to Crisis




Poll: Greeks Not Convinced With Positive Spin Gov’t Gives on Eurogroup Deal






France.....





Macron vows to curb eastern European workers





France's Macron and Germany's Merkel to lead post-Brexit EU revival







PM Orbán on "new boy" Macron: 'That isn’t how we do things around here'







'France facing last chance to reform labour market, but must not become like UK and US'





France to ban licences for oil and gas exploration






Macron takes eastern EU flak for 'offensive' labour plan





US....





Obama planted cyber weapons in Russian infrastructure for Trump to activate: report







Dems blame Obama for botching response to Russian interference







Trump: Obama knew about Russian interference "and he did nothing about it"







Senate investigating Loretta Lynch's conduct in Clinton email probe






Letters sent to Loretta Lynch , Leonard Benardo , Gail Scovell , Amanda Renteria.









WHIP LIST: Where GOP senators stand on ObamaCare repeal bill






Trump promises a new health law: "Even if we don’t have any help from the Democrats, we’ll get it done."










Sanders blasts Senate Republicans' ObamaCare repeal bill: "Thousands will die" if it passes






1 hour ago
Pro-Trump group to launch million-dollar ad blitz against GOP Senator who opposes ObamaCare repeal













CNN’s Cillizza to Democrats post-Ossoff: There’s no such thing as second place–you lost






Today President Trump signed a VA reform bill to make it easier to discipline and fire employees






MENA.....




Saudi Arabia...





: Attack attempt in bolsters our will to eliminate terrorism and those who supports it





OIC denounces terrorist attack attempt on Grand Mosque in Mecca





Egypt's Al-Azhar Sheikh denounces terrorist attack attempt in a call to Saudi Crown Prince





Police foil 'terrorist action' in Mecca: State TV







1 hour ago
At least 11 people including five policemen were wounded as Saudi police ‘foil Mecca Grand Mosque attack'






Replying to 
💥⬆️ MOI statement: the suicide bomber (who blew up himself) was planning to bomb the Grand Mosque in . @





INTERIOR MINISTRY: SUICIDE BOMBER WHO BLEW HIMSELF HIM UP WAS PREPARING TO CARRY OUT ATTACK ON GRAND MOSQUE - LIVE TV via RTRS.





INTERIOR MINISTRY SAYS FIVE OTHER SUSPECTED MILITANTS TAKEN INTO CUSTODY: LIVE TV via RTRS.






Qatar....





Qatar confirms receipt of Saudi-led bloc's demands and is preparing 'an appropriate response'







Qatari For Min said early Saturday the demands submitted through Kuwait by Arab Quartet were “not realistic,” urging them to review them.









1 hour ago
All the latest updates on Qatar-Gulf crisis







Qatar's Foreign Ministry to issue official response to demands of Arab Quartet....






For those following Qatar -Arab Quarter Beef , aka "Gulf Rift" , here is a list in Arabic of Qatar's own demands.








UAE threatens Qatar with "divorce" from its Arab neighbors unless Qatar accepts Arab Quartet demands.






List of 13 demands in public domain , UAE accuses Qatar of releasing the demands.









Syria....





BREAKING NEWS SYRIA Kurdish forces drive back ISIS counter-offensive in Raqqa city - Map update via
 









Syrian Democratic Forces captured Al-Kamb from ISIS - south of Map:







Replying to 
liberated Sariyat Al-Waer & Wadi al-Waer. Army entered in province for the first time in 5 years reaching T2 outskirts









Question seems to be can SAA reach Deir Ezzor and break siege before ISIS manages to break through D.E defenses ?







Syrian Democratic Forces advancing on several fronts: Equestrian City, 17th Division Base and Tall Biah captured






Iraq........




forces killed senior commander Jasim Mohammed Akoub when he was crossing the Tigris river from west to east .





2 suicide bombers detonated themselves in Al-Muthana & Nabi Younis districts in east , casualties are being reported.





Replying to 
A third suicide bomber has detonated himself in in east , Numbers of casualties has increased.






Replying to 
Updates: A couple other suicide bombers were captured at Al-Nabi Younis and al-Hadbaa markets to raise the number of suicide bombers to 8.






Replying to 
Updates: An entire building was burned killing everyone Inside it. Estimated 60 people are dead in the fire.






Replying to 
Updates: more than 36 people were killed, at least 40 injured.





Suicide kills 12, injures 20 in






Libya,....












FM Alfano says convening European-African Summit on prevention of migrant from reaching