US stocks end the session with gains for the day. Not so fortunate for the week
Crude oil futures settle at $48.82 /BBL
Bakes Hughes total oil rig count 768 v 765 last week
Fed's Kashkari: Today's CPI report was another reason to wait rather than hiking
European stocks struggle again in rough week
MONTE DEI PASCHI DI SIENA SAYS Q2 LOSS DUE TO 4 BLN EUROS OF WRITEDOWNS LINKED TO SALE OF BAD LOAN PORTFOLIO
Monte Paschi Q2 Revenue Of EUR919.5 Mln -CET1 Ratio End-June At 15.4% (Vs Transitional CET1 Ratio End-March Of 6.5%)
Monte Paschi Announce Q2 Loss Of EUR3.1 Bln, Cites Writedowns Linked To Bad Loan Portfolio
BoE’s Saunders: Brexit Probably Means UK Growth Will Be Several Percentage Points Less Than Usual
BoE’s Saunders: If Growth Surprises On Upside, BoE Might Need To Be A Bit More Activist
BoE’s Saunders: His Hunch Is That UK Growth Will Be Ok, Jobless Rate Will Continue To Fall
Trump, with Haley, McMaster and Tillerson: "We're very unified" on North Korea.
"We are considering additional sanctions at a very very high level," Trump, at Bedminster, says of North Korea.
This sounds correct......
IC consensus: DPRK can make missile-mateable fission bombs. DIA and NGA: fissile material at 60 bombs/growing 12/year. CIA: RVs are good.
NEW: US Intelligence: #NorthKorea's ICBM Reentry Vehicles Are Likely Good Enough to Hit the Continental US
A sign NK is prepping for a potential emergency situation - but not an indication any attack is imminent.
You have to prepare for the unexpected...
"If he utters one threat in the form of an overt threat" or does anything to Guam, US territory or ally, he'll "regret it fast," Trump says.
Merkel rips Trump: There is no military solution to the North Korea crisis http://hill.cm/qS1VtZJ
"Let her speak for Germany...She's certainly not speaking for the United States," Trump, at Bedminster, says on Angela Merkel's comments.
The annual joint exercises of US and SK , will take place from August 21st through August 31st.
Mass rallies were held in South & North Phyongan, South Hwanghae & Hamgyong provinces of the NK rejecting the recent UN sanctions.
U.S. and North Korea are in regular contact through back channel diplomacy
Banking on preemptive strike knocking out all of NK capabilities on nuclear side , very risky gambit.
Something to keep an eye on...
This is still the first KN20 movement activity I've heard of since the July 28 launch. Longer still for the KN17.
Very good points - NK has studied outcomes for Saddam/Gaddafi (best to get and keep WMD ) and state w/Iran Deal.
Russian ForMin Lavrov: Russia-China Plan To Defuse North Korea Crisis Exists - RTRS
Russian ForMin Lavrov: Russia-China Plan Would Have N.Korea Freezes Missile Tests - RTRS
Russian ForMin Lavrov: Plan Would Have US & S.Korea Stop Large Scale Exercises - RTRS
"Military solutions" displacing diplomacy in 2017 ?
!!! New talk of naming MANCHIN to Energy, possibly = 50th vote to repeal Obamacare. @kevcirilli @JenniferJJacobs https://www.bloomberg.com/amp/news/articles/2017-08-11/manchin-is-said-to-emerge-as-possible-pick-for-energy-department …
*Manchin not yet ruling it out* *WH, GOP officials discussing possibility* *Would give big boost to Trump's stalled agenda.*
THE MEMO: Trump's base delighted after week of attacks on McConnell http://hill.cm/erLOhqs
Dem lawmaker demands Congress “immediately” return to pass bill preventing Trump from striking North Korea http://hill.cm/uRv2WJr
ACLU sues Trump administration over arrests of immigrant teens http://hill.cm/pwGGmKx
Navy secretary breaks with Trump on transgender troops: "Any patriot" should be allowed to serve http://hill.cm/SJy0k0a
Investigators want to interview Trump's longterm personal secretary in Russia probe http://hill.cm/JwXXcoE
Senate Republicans are tweeting out their support for McConnell right now
While POTUS says Iran not in compliance with nuclear deal , NK watches and must wonder is there a point to talking ?
Apparently, Iran will not take U.S. claims on #JCPOA lying down.
We shall see..
GOP considers making tax cuts retroactive: http://hill.cm/GWHliC6
Trump has consistently backed McMaster.
President Trump won't rule out US military action as an option in response to the mounting crisis in Venezuela http://cnn.it/2wQj0Wo
Venezuela's woes are so dire that its U.S. refineries are turning to Canada for oil https://bloom.bg/2vYa3xp
Russia taking advanced Venezuela Gov't plight to exert de facto dominion over Venezuelan oil.
Credit Suisse Halts All Purchases of Venezuelan Bonds to Avoid Financing Maduro Regime http://bit.ly/2ux23jf
LNA destroys munitions depot in Derna - https://www.libyaherald.com/2017/08/11/lna-destroys-munitions-depot-in-derna/ …
Administrative Control Authority suspends top anti-corruption officials – on grounds o ... - https://www.libyaherald.com/2017/08/11/administrative-control-authority-suspends-top-anti-corruption-officials-on-grounds-of-corruption/ …
An interesting update on Al Sukhnah....note how SAA is dealing with ISIS tunnels , catacombs and IEDs.
The opposition rep pointed to a recent “reluctance” in hitherto regular financial donors as main reason for the current budgetary crisis.