Markets....
Asia....
What's on tap....
Japan July Producer Prices Services Sector 0.6pct y/y (est 0.8pct, prev rev 0.7pct)
Tokyo Aug CPI 0.5pct y/y (est 0.3pct, prev 0.1pct)
Tokyo Aug CPI Ex Food 0.4pct y/y (est 0.3pct, prev 0.2pct)
Japan July CPI 0.4pct y/y (est 0.4pct, prev 0.4pct)
Japan July CPI Ex Food 0.5pct y/y (est 0.5pct, prev 0.4pct)
Japan Mulls Departure Tax Plan In 2018 Budget Reports NHK
South Korea Aug Consumer Confidence 109.9 (prev 111.2)
US.....
Sluggish summer day...
Up to 35 inches of rain possible over SE #Texas through Wed & could cause life-threatening flash flooding http://hurricanes.gov #Harvey
Eye quickly clearing over #HurricaneHarvey. Rapid intensification continues.
US wrap...
Depends on the degree of intensification - but if present forecast is 125 mph , not far away from cat 4 (131 mph.)
US MARKET WRAP – Hurricane Harvey Wrongfoots Oil Traders As We Await Jackson Hole https://ransquawk.com/headlines/us-market-wrap-hurricane-harvey-wrongfoots-oil-traders-as-we-await-jackson-hole-24-08-2017 …
GULF OF MEXICO SHUTS IN 9.56% OF OIL PRODUCTION SHUT: BSEE: BBG
FREEPORT HARBOR CHANNEL, TEXAS CLOSED FOR ALL INBOUND TRAFFIC - STATEMENT: RTRS. #OOTT
*HOUSTON PILOTS SHUT SHIP CHANNEL FOR OUTBOUND SAILINGS: BBG. #OOTT
Additional Items....
Bitcoin technicals: Quiet day. Higher day for Bitcoin http://www.forexlive.com/technical-analysis/!/bitcoin-technicals-quiet-day-higher-day-for-bitcoin-20170824 …
Russian Deputy PM Says He Supports a State-Backed Cryptocurrency http://bit.ly/2w8quFi
Why am I not surprised ?
US Politics....
Q. Will he sign budget bill w no wall $
@PressSec: "He won on talking about building the wall and he's going to make sure that it gets done"
WH's Sanders doesn't directly answer question about how threatening a gov't shutdown doesn't concede that Mexico won't pay for wall.
Shrinkage...
79% in Quinnipiac poll think US should "respond with military force" in North Korea launches missiles at Guam. 90% of Reps, 75% of Dems.
Speaker Ryan tells @CNBC that was an "option we were looking at" but couldn't get it done by VA deadline
USSS source confirmed to @ArdenFarhi that Jared Kushner, Dina Powell & @jdgreenblatt45 were in Qatar Monday. Met Saudi Crown Prince Tuesday.
Speaker Ryan on @CNBC: The president and the congress are eye to eye on our agenda, tax reform
WH chief of staff John Kelly is imposing discipline on a chaotic administration http://ow.ly/Byl930eEvyn
MENA.........
Iraq....
#ISIS leader in #Talafar from #tajikistan & most remaining militants are foreign fighters: decision to kill them all
Syria.....
Rebel-held #Daraa loses lifeline after regime offensive cuts off flow of smuggled Islamic State oil. http://bit.ly/2xfxxMD
Steady as she goes...
Have seen a few tweets over the past day referencing Syria Opposition seemingly working with ISIS to try to break Hama pocket.
Last Military Situation in West #Qalamoun , 5th day
Qarna Shubat Hisa, Qub Ismail liberated
HD:http://iswnews.com/media/2017/08/West-Qalamoun-23aug17-1shahr96.jpg …
#SAA #LAF #Hezbollah
Gulf Rift.....
Seems like just yesterday , this was a big story here in the US. Well , Gulf Rift still unresolved. Here are recent developments.
Siege nations-owned #media strain to defame Qatar: QMC
#Qatar #GulfCrisis http://www.gulf-times.com/story/561474
Qatar Restores Ambassador to Iran, Ignores Saudi-Led Demands
http://alwaght.com/en/news/107826
#Qatar
#SaudiArabi
#Iran
#SaudiQatarRow
Gulf Rift leads to Qatar & Iran restoring diplomatic ties.
#Qatar banks seek Asian, European funding as diplomatic crisis bites http://ara.tv/cnpar
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