Monday, September 11, 2017

Economic News , Data & Views....September 11 , 2017.....Quick Hits On Monday September 11th -1) 9-11 Reflections - 16 Years Later. 2) Markets : US - Stock Indexes Soar Today On Hopes Harshest Sanction Against North Korea Won't Be Imposed & Hurricane Irma Not Being AS DIRE As Feared , Gold & US Treasuries Slump Monday , Oil Moves Higher ; Asia - Economic Calendar For Tuesday , Market Moving Data , UNSC Action Regarding North Korea. 3) Hurricanes Irma & Jose Updates ; Irma Spreads Florida Pain Through Southeast As Georgia , South Carolina & Alabama In Particular Being Affected Presently ; Jose Looks Set To Loop Over The Next 5 Days - And Then We Shall See What Happens. 3) US Politics - Non Hurricane Related Or 9-11 Related Items Of Interest For Monday. 4) Odds & Ends For Monday !

9-11.....



"We mourn them, we honor them , we pledge to never ever forget them," Trump at Pentagon as Mnuchin, Tillerson, Shulkin, other Cabinet listen







Mattis on 9/11 hijackers: “Maniacs disguised in false religious garb”





1 hour ago




Many 9/11 families still don’t have their relatives’ remains




Markets....


US....


"Could've Been Worse"-Weekend Sparks Buying-Panic Sending Stocks To Record Highs



DOW JONES UNOFFICIALLY CLOSES UP 257.44 POINTS, OR 1.18 PERCENT, AT 22,055.23



NASDAQ UNOFFICIALLY CLOSES UP 71.33 POINTS, OR 1.12 PERCENT, AT 6,431.52



S&P 500 UNOFFICIALLY CLOSES UP 26.45 POINTS, OR 1.07 PERCENT, AT 2,487.88



US Debt tops 20 Trillion , more debt to come...



NON-OPEC OUTPUT GROWTH IS NOW 'SLIGHTLY DECELERATING': BARKINDO; GLOBAL OIL DEMAND IN 2H 2017 ABOUT 2M B/D HIGHER THAN IN 1H



Asia.....


U.N. Security Council approves new North Korea sanctions





Maritime interdiction covered by today's UNSC sanctions...








Replying to 
The oil export cap text is... er... slightly longer and more nuanced.






Replying to 
Text banning export of "all condensates and natural gas liquids" to North Korea.






Replying to 
New UNSC resolution language restricting 's overseas labor. (Also from circulating draft text.)





New Zealand ANZ Truckometer Heavy August 6.2pct m/m (prev -5.5pct)



China to Curb Use of Shares as Collateral Amid Risk Concerns



Toshiba To Sell Its Chip Unit Business To Western Digital-Led Consortium Reports Nikkan Kogyo




1 hour ago
UN Vote Would Ban USD726Mln In N Korea Textile Exports




1 hour ago
Official Says 44pct Cut in North Korea Refined Product Imports Would Be On The Cards



UN Resolution Would Cut 90pct Of N Korea Exports US Official Briefs Reporters Ahead of Vote




Hurricanes Irma & Jose Updates....



Irma...



Outage hit 8.2 million - primarily in Florida , Georgia and South Carolina.






Charleston suffers major flooding downtown..






Hudson's Seafood on Hilton Head is more-or-less underwater. Thanks to Joey Grice for submitting this photo.




Flash Flood Warning including Summerville SC, Saint George SC, Ridgeville SC until 7:00 PM EDT




Fort Pulaski Tide Gauge topped out at 4.731 MHHW or 12.24 MLLW @ 142 PM. Third highest recorded. For more info, see



Charleston Tide Gauge topped out at 4.154 MHHW or 9.92 MLLW at 118 PM. Third highest recorded. For more info, see



Irma power outages cross over 7 million - for homes and businesses....this equates to more 70% of utility customers.




Jacksonville still dealing with Irma rain and storm surge






Jose....




More weather professionals coming to agreement on Jose's Loop - but what happens after the "Loop" remains to be seen. Lots of possibilities.









1 hour ago
Differences in track between the 12Z Cal. ECMWF EPS & GFS Ens, but both models indicate a potential threat to East coast. Needs 👀







1 hour ago
Here's a GOES-16 visible satellite image (non-operational) of both T.S. covering most of the SE and Hurricane in the Atlantic





In the aftermath of , all interests across the East Coast of the US should keep a close eye on Hurricane :





US Politics....




Liberals dominate Democrats' 2020 jockeying






Republicans close to said he is legitimately on the fence about running again







1 hour ago
Mnuchin, Cohn head to Congress Tuesday for tax talks






EXCLUSIVE-U.S. SENATE FINANCE COMMITTEE LEADERS SEND LETTER TO EQUIFAX CEO DEMANDING INFORMATION ON DATA BREACH-LETTER SEEN BY REUTERS





Diminished economic growth coupled w/tens of billions in disaster relief could create problems to advance tax reform.





Rex Tillerson has lost his primary reason for being secretary of state





"Tom Bossert will be one of the primary people taking the lead on that front," Sarah Sanders says of further regulations on data handling.





"That's something that we have to LOOK INTO EXTENSIVELY...certainly something we have to explore" to ensure data protected, says.






BREAKING: Supreme Court temporarily blocks appeals court ruling that limits Trump's refugee ban




Steve Bannon: Firing Comey was the biggest mistake in modern political history













Bannon’s civil war could undercut the GOP’s top 2018 advantage








says no longer able to send aid to due to destructive Chiapas earthquake.




Odds & Ends....




Saudi Arabia committed to solve Syria crisis, says Russia's FM













Venezuela may have committed 'crimes against humanity', says chief







Former Georgian president vows to unite opposition against Ukraine leader Petro Poroshenko






Mexico rushes aid to millions of quake victims after worst earthquake in 85 years






Wanda Bank: Withdrawal ceiling for the month of September has not been determined yet.





Studies delayed at Sebha University until situation (security, fuel sortage, lack of liquidity) improves.





Pres. Council appoints commander of the Central Military Zone to secure Tawergha & return of the displaced.






SDF captured 113th Air Defense Base, al-Huwayj Grain Silos and Deir ez-Zor Freight Depot [Via ] Map:






Yeah, no SAA sources even claimed this. All claims came from Syrian opposition supporters.







38 North Contributor on proposed UNSC sanctions against
A quote card says, "...the UNSC’s proposed resolution underscores the degree to which the US and other members have fundamentally different views on the DPRK. We lack vision to incorporate sanctions into a broader strategy and this is hurting our ability to get really tough sanctions or use them appropriately. This must change if we are to avoid just using sanctions for sanctions sake." -Richard Nephew, 38 North





members of parliament, upset by insulting leaflets dropped by , warn they'll fight US forces if it happens again.









and Turkey will expand security and military relations, Iranian President reveals.