Thursday, July 13, 2017

Economic News , Data & Views.....July 13 , 2017.....Quick Hits For Thursday -1) Markets : Asia - Economic Calendar For Friday , Market Moving News & Data ; US - US Stock Indexes End Green Today , US Crude Has Another Positive Day - Oil News Of The Day , Spot Gold Falls Back A Bit , US Treasuries Yields Rise A Bit USD Basically Flat On The Day. 2) US Politics : Replace & Repeal Updates ; Foreign Policy Related Items ; Russia Probe Related Items ; Travel Identity Demand For Data ; Additional Items Of Note. 3) Europe In Focus : UK - Domestic UK Politics & EU-UK Talks Related Items ; France - Macron Greets POTUS , Additional News Of Note ; Local News From Germany & Italy ; European Odds & Ends. 4) Libya - News For Thursday , Wide Range Of Subject Matters. 5) Gulf Rift Updates - Status Of Talks , Different Points of Rift Regarding Rift Between Qatar & "Quartet.".



Market....




Asia....




Economic data due from Asia today (this post didn't take long to write)




Idled mills hope for Trump steel tariff as plants dependent on cheap imports seek status quo







PBOC set the Yuan reference rate at 6.7774 By




PBOC injects 100BN yuan with 7 day rev repo: net injection 0 again






Fitch ratings affirms China at 'A+' and says stable outlook




Singapore Q2 GDP +0.4% q/q & +2.5% y/y (both missed)




Tepco says 'decision has already been made' to release radioactive, low-toxic tritium into sea; fishermen irate






New Zealand - Manufacturing PMI for June: 56.2 (prior 58.5)




Japanese man busted in South Korea believed part of H.K. gold smuggling ring





US......






US stocks closing higher. Dow at another record high. Nasdaq biggest gainer.






ForexLive Americas FX news wrap: Yellen leaves 'em wanting more



U.S. crude futures settle at $46.08/bbl. ⬆$0.59. +1.30%. _Q7 volume: ~673k





*LONGHORN PIPELINE SPILLED CRUDE IN BASTROP COUNTY, TEXAS - MAGELLAN: BBG. Line exports Texas crude from Midland to Houston





| Key points from 7/13 report.






US Politics.....




Wait what ? Peter Smith , who allegedly implied he worked with Michael Flynn , allegedly committed suicide after giving a WSJ interview ?







1 hour ago
Welp...







1 hour ago
Not clear cut as to motion to proceed..






1 hour ago
Anti-Trump overreach could backfire


1 hour ago
Two GOP senators say they won't back new GOP healthcare bill








1 hour ago
Fmr Trump campaign adviser Michael Caputo to appear before Hse Intel Cmte Fri. Had worked w/Gazprom Media & in Russia in '90s.





1 hour ago
Fmr Obama Nat'l Security Adviser Susan Rice expected before Senate Intel Cmte as part of Russia probe next week.





1 hour ago
Top Dem on Senate Intel Cmte Warner says mbrs want documents from Kushner & Donald Trump Jr. Want to talk to both of them





1 hour ago
Federal Election Commission rules House members can use campaign funds for personal security at their homes after Scalise shooting





Scalise undergoes surgery for "deep tissue infection" from gunshot wound





Kushner updates disclosure form to add more than 100 foreign contacts: report




U.S. DEMANDS ALL NATIONS PROVIDE NEW DATA TO HELP DETERMINE TRAVELERS IDENTITIES & WHETHER THEY POSE TERRORIST RISK –STATE DEPT CABLE: RTRS




LIST OF NATIONS FACING POTENTIAL SANCTIONS TO BE SUBMITTED TO TRUMP WITHIN 50 DAYS -CABLE: RTRS




NATIONS THAT FAIL TO PROVIDE INFORMATION COULD END UP ON LIST OF NATIONS THAT COULD FACE TRAVEL SANCTIONS ON SOME CITIZENS – CABLE: RTRS






Where's or on this? Here's your collusion b/t Ukraine-Hillary-DNC to influence outcome the election
 







Why am I not surprised ?







“Kushner played down the significance of the meeting and omitted significant details”






Team Trump hunts for “traitors” while the president “growls” at the TV





Here comes the brand new Senate health bill






Trump crafting plan to slash legal immigration





Scoop: Trump lawyers want wall between Kushner, president





This isn’t Watergate. This isn’t treason. And there’s still no smoking gun.






Europe....





UK...





If UK accepted to pay for unfunded commitments (RAL), bill would be €20bn net (by Dec 2019)+ €10bn pensions






EXCL Andrea Leadsom: Theresa May can lead the Conservatives into the next election:





Interesting..






Something to consider...





Nicola Sturgeon and Carwyn Jones threaten to derail flagship Brexit bill:





Alex Salmond says he will stand at the next general election -






Theresa May sets up clash with Labour on human rights as Repeal Bill is published -






Jeremy Corbyn tells Michel Barnier: Labour is ready to negotiate Brexit





France....






1 hour ago
Residents of the French city of Nice mark the one year anniversary of deadly truck attack







1 hour ago
Whoa...






BREAKING: French president says he and President Donald Trump will work toward a post-war roadmap for Syria.





Emmanuel Macron says France and the US will unite to eradicate terrorism and fight jihadist propaganda online...






Macron greets Trump st the Palace...








Greece.....




At least 5 Injured in Two Separate Fires in Greece on Thursday (video)






Tsipras: Greece Is a Key Pillar of Stability in South-Eastern Europe





Turkey Frigate, U.S. Aircraft Carrier Sail by Cyprus Drilling Site






Turkey Escalates Rhetoric on Cyprus Gas Exploration, Threatens Action





Greek PM: ‘We Have a Neighbor Who Likes to Disrespect Stability, Cooperation and Peace’




Germany....




Merkel and Macron put defence at heart of blooming ties






New state farming minister accused of abusing own animals






'I became a politician because of Auschwitz': meet Germany's justice minister






Italy....




Two reported dead in Italy's wildfires





Mafia expert blames crime groups for Vesuvius fire as Italy sends in the army to tackle blaze







European Odds & Ends...






Norwegian hepatitis C patients wait for treatment due to medicine monopoly: report







Denmark said no to meeting with top US politicians











Libya....





Replying to 
celebrating: Flights at 's Benina airport re-start this weekend. And Afriqiyah's first flight Monday will be to Zintan 😊







FM: We support a political dialogue between Libyan parties.






1 hour ago







1 hour ago
Wow !









1 hour ago
Additional refugee related item..

























Italy imposes absolute ban as to entry of NGOs ...







Hear a 48 hr ceasefire is holding out, during which Misratan brigades have been told to leave.





Well, today seems quiet, flights back to normal routes (taking off over Tajoura), power cuts still in force.





Gulf Rift...






UAE minister says Saudi-led group's demand to shut Al Jazeera dropped






Replying to 









Analysts: Saudi-led group's demands are based on 'false premises about Qatar'









Tillerson in today: •Met Emir •Held trilateral with Qatar FM & Kuwait official •Didn't take questions •Left, no sign of breakthrough
















US Secretary of State Tillerson made an unexpected return to Qatar, extending his tour of the crisis-embroiled Gulf








US Republican Senator Corker: "The amount of support for terrorism by Saudi Arabia dwarfs what Qatar is doing"








sends letter to UN on Al Jazeera's incitement to hostility, violence, extremism and discrimination





Doesn't appear any progress made by Tillerson for this round of shuttle diplomacy.







German cows have been flown into to be milked as Saudi boycott continues







Collective unity of GCC or at least perception thereof , is shot to heck presently.









Sanctions push Qatar inflation up only modestly in June