Markets...
Asia....
More Japan - BOJ 'output gap' higher for 3rd straight quarter
Japanese forecasters say GDP grew 0.5% in May
US....
Forexlive Americas FX new wrap: FOMC meeting minutes show no clear balance sheet timing
Oil - private inventory data shows big draw
US major indices end the day with mixed gains but some stocks got hammered
North Korea Situation...
*U.S. WILL GO ITS `OWN PATH' IF NEEDED ON #NORTHKOREA - HALEY: BBG
Russia looks set to block sanctions on N.K , China opposed to military action.
#BREAKING China at UN says military means 'not an option' on North Korea
WHITE HOUSE SAYS EXPLORING NEXT STEPS ON #NORTHKOREA, "NEVER GOING TO BROADCAST" THEM: RTRS
Here we go !!!
So , is US going to finally sanction China ? This is the only real question regarding sanctions.
US Ambassador to UN: 'USA seek to avoid conflict.... USA preparing full range of military force & will use it against NK if needs must
New proposed UN resolution on North Korea policy in coming days
US Politics ...
States rejecting request for voter info from Trump Commission now close to the whole country
Trump admin authorizes strikes on Iranian-backed forces
But, hey, Illinois has halted its road construction projects because of the budget impasse.
So, that should help...
= D
= C+
= D
…
Madigan confirms override votes will happen Thursday.
Illinois Governor Bruce Rainer set to hammer House Speaker Madigan and the tax hike...
CNN statement on @KFILE story
Read about the developments here: http://www.chicagotribune.com/news/local/politics/ct-illinois-senate-income-tax-hike-budget-met-0705-20170704-story.html …
59 of 118 House lawmakers in attendance. Not enough to do anything.
Readout of today's call between Presidents Trump and Sisi. Subjects include Gulf Rift , fighting terror & N.K.
Looks like Secret Service taking Kathy Griffin staged beheading threat to POTUS extremely seriously.....
CNN facing backlash for threat to reveal identity of Trump "wrestling" CNN creator http://hill.cm/QJV9aZ9
Gulf Rift....
Both sides squared off and dug into their respective positions..
Quartet don't appear to be in a rush to take actions...
Discussion of upcoming measures and implementation thereof set to continue. No new sanctions announced today.
BREAKING: Qatar boycott to remain until Arab states’ demands met – Saudi FM
BREAKING: Four Arab nations seeking to isolate Qatar say Doha's response to their demands to end crisis was 'not serious.'
Pakistan's Army seen as blazing its own path moving forward , as it looks to heal old wounds and divisions.
Europe....
Greece
Hoteliers to discuss overtaxation with PM http://dlvr.it/PST3tw
ESM tells gov’t to do its homework by Friday http://dlvr.it/PST3lG
Eurozone delays Greece bailout payment amid legal row http://f24.my/1RJw.t
UK......
Thread on long Eurosceptic pedigree of EEA and EFTA transition as Brexit route
Transitional phase in EEA should have significant amount of Leave and ex-Remain support. (First proposed by Leavers as real world route out)
LISTEN: Queen's Speech turmoil, DUP pact, @BarryGardiner & secrets of parliamentary reporting in our LATEST podcast: http://bit.ly/2mkRJXO
Specialist magnet manufacturer Tesla Engineering set to create 100 jobs with major expansion in West Sussex http://bit.ly/2tS2E2o #GBmfg
No one who has visited Europe recently believes the EU claims of growth - things are very tough @DMcWilliams_UK @HowardArcherUK @asentance
Poland...
Pres and Mrs Trump descend steps of Air Force One to begin visit to Poland.
Trump expects warm welcome in Poland at start of second Europe trip
Also Thursday, Pres Trump addresses the people of Poland from historic Krasiński Square, epicenter of the 1944 uprising against the Nazis.
EU....
EXCLUSIVE-EU ANTITRUST REGULATORS CONSIDERING ANOTHER RECORD FINE AGAINST GOOGLE IN ANDROID CASE - SOURCE
#BREAKING EU, Japan reach 'political agreement' on trade deal: Commission
Odds & Ends...
Libya...
Buraq Air stops flying; hard currency cash crisis blamed https://www.libyaherald.com/2017/07/05/buraq-air-stops-flying-hard-currency-cash-crisis-blamed/ … via @libyaherald
Looks like very set of clashes at Mitiga Airport are wrapped up - for now.
Syria...
New alliances forming , old alliances crumbling...
Russia uses its most advanced Kh-101 missiles to strike ISIS targets in Syria http://dlvr.it/PSRjLj
Turkey warns it's itching for War !
KURDISH YPG SAYS WILL RESPOND TO ANY TURKISH AGGRESSION IN NW SYRIA, SAYS CLASHES COULD ERUPT "IN THE COMING DAYS"
SYRIAN KURDISH YPG SAYS TURKISH MILITARY PREPARATIONS IN NORTHWESTERN SYRIA AMOUNT TO "A DECLARATION OF WAR"-RTRS
Venezuela...
This is pretty nuts...
State Dept condemns Maduro supporter-led assault in Venezuela's National Assembly today
Sooner or later , Maduro is going to get the bum's rush out of office and to prison for many years....
Regime Change Wednesday...
Regime change Wednesday at WSJ - no explanation naturally as to how that occurs with massive loss of lives !
South Africa...
SOUTH AFRICA'S PRESIDENT ZUMA SAYS WHERE IT IS NECESSARY AND UNAVOIDABLE LAND REFORM MAY INCLUDE EXPROPRIATION WITHOUT COMPENSATION
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