More bad news for the BOJ? Japan inflation seen peaking soon
Japan July monetary base +15.6% y/y (June was +17% y/y)
Korea press: US may send 2 aircraft carriers to South Korea for drills
NZ Employment Change (Q/Q) Q2: -0.2% (Est 0.7% Prev 1.2% NZ Employment Change (Y/Y) Q2: 3.1% (Est 4.1% Prev 5.7%)
NZ Unemployment Rate Q2: 4.8% (Est 4.8% Prev 4.9%)
Economic data due from Asia today
More than 6,300 stores are shutting down in the retail apocalypse— here's the full list http://buff.ly/2w3onSR
Elon Musk says he may have depression, like millions of overworked Americans in their 40s and 50s http://on.mktw.net/2u1gPCG
OIL - private inventory data shows surprise build in US crude inventory
Crude Build +1.779MM, vs draw -10.2MM last Cushing +2.562MM Gasoline -4.827MM Distillate -1.225MM
Apple Q3 17: EPS $1.67 Rev: $45.41B (Est EPS $1.57 Rev $44.89B)
Herbalife Q2 17 Earnings Results: -Adj EPS: $1.51 (Estimate $1.12) -Revenue: $1.15B (Estimate $1.16B)
DaVita Q2 17 Earnings Results: -Adj EPS: $0.92 (Estimate $0.90) -Revenue: $3.88B (Estimate $3.82B)
ForexLive Americas FX news wrap: European bond yields drop
The bad news: We're not at Dow 22K yet The good news: Lots of green and a fifth straight record close for the Dow http://on.mktw.net/2vgctXU
TESLA'S LONG-TIME BATTERY TECHNOLOGY DIRECTOR KELTY DEPARTS $TSLA
UBS raises Eurozone GDP growth forecast to 2.0% from 1.7% for 2017, to 1.6% (1.4%) for 2018. Biggest upgrade for Germany, smallest for Italy
European stocks end with gains across the board
#ECB balance sheet hit fresh record at €4,248.3bn, equates to almost 40% of EZ GDP as Draghi keeps buying bonds.
Goldilocks narrative continues as EZ GDP grew by 0.6% QoQ, 2.1% YoY, strongest growth since 2011 while inflation subdued. But growth uneven!
All Things Russia , All The Time.....
No way the Trump Campaign had the ability or discretion to do anything sophisticated. And they would have leaked.
GOP lawmaker calls on Mueller to resign, accuses him of violating law: http://hill.cm/3Eoselu
Progressive think tank to release report accusing Trump campaign of colluding with Russia http://hill.cm/3GuxPak
Insurers pushing to raise ObamaCare premiums by over 30 percent: report http://hill.cm/ElC8fl9
Scoop: Spicer will remain as de-facto comms director, but only until late Aug, as he planned before Mooch forced out
Foundation for Accountability and Civic Trust files ethics complaint against Wasserman Schultz over IT case w/Office of Congressional Ethics
Sanders says Don Jr statement on Russia meeting, reportedly dictated by Trump, was "true" and there was "no inaccuracy in the statement."
Debt-ceiling talks between White House, Senate break up with no progress http://hotair.com/headlines/archives/2017/08/debt-ceiling-talks-white-house-senate-break-no-progress/ …
GOP senator: "We can't move on from healthcare because ObamaCare is a mess" http://hill.cm/SOYEupA
Again-fwiw. But will be important if accurate. Rumors of US withdrawal from Al Tanf have circulated for awhile.
Fwiw , but important if accurate.
Tillerson doesn't sound like a person who intends to resign-not w/Kelly at WH CoS & coupled with recent changes.
Tillerson says he told Lavrov: "The situation's bad, but believe me, it can get worse." Says it just did with Russian response to sanctions.
Moving on to Russia, Tillerson says U.S.–Russia relationship "continues to be under considerable stress" and "could get worse."
TILLERSON SAYS U.S. AT PIVOT POINT IN RELATIONSHIP WITH #CHINA, LOOKING AT HOW TO DEFINE RELATIONSHIP IN FUTURE: RTRS
TILLERSON SAYS U.S. DOES NOT SEEK REGIME CHANGE IN #NORTHKOREA, "WE ARE NOT YOUR ENEMY": RTRS
U.S. SECRETARY OF STATE TILLERSON SAYS U.S. IS SEEKING TO APPLY "PEACEFUL PRESSURE" ON #NORTHKOREA, SAYS OPTIONS ARE LIMITED: RTRS
Tillerson says that Iran nuclear deal is not the only element to determine how US views Iran - says reviewing 'utility of agreement'
MENA Odds & Ends...
Fezzan elders reject French president’s plan to open migrant asylum application c ... - https://www.libyaherald.com/2017/08/01/fezzan-elders-reject-french-presidents-plan-to-open-migrant-asylum-application-centres-in-southern-libya/ …
Migration/refugee update on MSF...
11 villages were searched and cleared today, Dozens of IEDs were defused. This is a step to clear the military supply route to Tal Afar ops.
IMPORTANT Rapid Response Division have been separated from Federal Police units and will take all its orders from #Iraq minister of interior
Turkey, US Trade Accusations on Supporting Terrorists in Syria
Residents want hardliners to either disband or hit the road. Protests hit day two.
Bc Russia/Iran/North Korea sanctions bill was sent to WH on Friday, POTUS must take action by Aug 9th or bill automatically becomes law
Iran says US sanctions breach nuclear deal between Iran and P5+1.
#Qatar: US sending Gen. Anthony Zinni to the Gulf next week. Experts applaud decision @MarcelleWahba @Charles_Lister https://www.thenational.ae/world/us-dispatching-retired-general-to-work-on-qatar-dispute-1.616142 …
Qatar Files Complaint at WTO against Saudi-Led Boycott
Qatar played major role in peace talks, says Afghan Taliban http://aje.io/dxcxj
Imagine that ?
Seems consistent with information from the past day..
SLBM ejections are the first stage of any launch; occuring before the activation of the rocket boosters. (1/2)
Further follow up..
Further follow up on the unusual sub activity..
Let's see if NK wants to move away from its total war footing to something different....