Wednesday, September 13, 2017

Economic News , Data & Views.....September 13 , 2017.....Quick Hits For Wednesday -1) Markets : US - S&P , Dow And Nasdaq Hit New All Time Highs , Oil Charges Higher Today , Gold Follows USD - Down $9.49 In Regular Trading , Treasury Yields Moderately Higher Today ; Asia - Calendar For Thursday , Market Moving Data , News That North Korea May Be Prepping For A New Missile Launch. 2) US Political Round Up - Foreign Policy Nugget ( Spain - Comment By State Department Unusual ) , Rand Paul Effort To Approve New Authorization Blocked By Senate , Russia Probe / Comey Under Scrutiny Items , Trump Trying To Work With Dems & GOP In Congress To Move Tax Plan / Address DREAMERS / Healthcare / Infrastructure , Additional Items Of Note.3) Europe In Focus - Key News From Spain ( Catalonia Region And Spanish Federal Gov't Squaring Up For A Showdown Over Catalan Secession & The Referendum Of October 1st ) , UK ( Domestic Politics , UK & EU Exit Talks ) , EU News To Consider Today - Juncker Has A Moment. 4) Odds & Ends !



Markets....



US....




Round up of key items US trading today....





The Band is Back Together! S&P: All-Time High Dow: All-Time High Nasdaq: All-Time High Volatility: Eradicated 👏👏👏🙌





*DOE SAYS 3.12M BBL OF SPR CRUDE DELIVERED TO GULF REFINERS: BBG.





U.S. crude futures settle at $49.30/bbl. ⬆$1.07. +2.22%. _V7 volume: ~626k




IS "VERY UNLIKELY" TO JOIN CUTS BEFORE MARCH - MINISTER: RTRS.




Asia....




Data From Asia For Thursday...





US stocks higher for Thursday on Chinese data missing expectations ?




New Zealand’s Labour Party Says Will Not Introduce New Taxes Before 2021 NZ General Election Is On 23 Sept







1 hour ago
North Korea may be getting ready to respond to Monday's UNSC imposition of sanctions.





Canyon Bridge Capital Partners (backed by a Chinese state owned asset manager) , blocked from buying Lattice Semi





US Politics......




Here we go.......






: Mnuchin requested government jet for his European honeymoon: report




Very interesting comment from the State Department...




Senate blocks a Rand Paul's effort to approve new war authorization





Infrastructure is "urgently needed," Trump told group pf Dem and GOP members of Congress at meeting at White House.



If there was actual State directed election interference , both Dems & Republicans should prevent this in future.




Sarah Huckabee Sanders says she thinks James Comey broke the law by violating the Privacy Act




Sarah Sanders just doubled down on her claim that Comey's leak of memo violated "federal laws"... "regardless of classification"




Ted Cruz abandons fiscal conservatism. Wants tax plan that increases debt




*MIKE FLYNN'S SON IS SAID TO BE SUBJECT OF FBI RUSSIA PROBE: NBC




Ast AG Boyd tells Grasssley/Feinstein FBI officials James Rybicki & Carl Ghattas will not be provided for i-views in Comey firing probe



Am told Pelosi/Schumer mtg w/Trump tonight will focus on fall deadlines, DREAMers & stabilizing the health care markets.



Europe....



Spain...


During interview on TV3, Puigdemont appears calm, relaxed and enthusiastic about his challenge to the Spanish state and the October vote.



Puigdemont says he has a "laboratory" with a team "experimenting" with all of the different possible referendum and legal scenarios.



Puigdemont dodges direct answers on existence and location of ballet boxes, ballot papers, but says everything is ready for vote.




Replying to 
Puigdemont says Catalan referendum campaign will happen anyway, "whatever judges say".




EVENING RECAP: King Speaks On Catalan Crisis, Separatists Want To Suspend Parliament, CUP To Disobey Prosecutor.





Web hosting company CDMon says the Civil Guard turned up at 5 p.m. with a warrant to shut down the referendum website.




To recap. Judge shut down the Catalan referendum site minutes ago. Then the Catalan First Minister quickly announced there was another one.





Here we go...






FULL STORY: Public Prosecutor Orders Investigation Of 712 Catalan Mayors For Allowing Vote On Municipal Premises






UK.....





















Farage roasts Juncker....






Always entertaining...





Replying to 
May: we want to welcome brightest and best to the UK, we will have our own rules for people coming from the EU




Replying to 
May: Labour fails to protect workers’ rights by opposing Repeal Bill, it's about bringing rights from EU legislation to the UK




EU.....




Juncker's EUC to propose ESM to begin transforming into a European IMF....




Why Turkey is winning against the EU...





"King Juncker decrees EZ for All in the EU.....







Juncker goes for the royal 'annus horribilis' in his letter to Tajani and Estonian PM





Third decree from King Juncker - EU must have its own European Monetary Fund.....he was on a roll today.







Juncker's reform plan: ➢Enlargement to Western Balkans ➢All states adopt euro ➢Defence union by 2025 ➢Schengen expansion ➢One EU President





Odds & Ends...



Venezuela pushes back against US , switches to Euro from USD after sanctions.






Looks like a race , to some degree , may be on to recover ISIS territory on the other side of Euphrates !






: and allies will cross on the east side of the Euphrates: agreement reach to push forces on the other side DEZ.





I believe this would include Baghiliyah , Jafrah and Hawijat al Saqr -as referenced by earlier.






Both crypto-currencies and exchanges lack legal foundation. Looks like some type of ban on the way.






THIS - 98 of top 100 digital currencies fell , during course of today.






E Qalamoun , North Hama and North Homs are areas of focus for agreements with Opposition.





Rojova deliveries tape is from yesterday , as per Dilyana Gaytandzhiev...









Qatar Emir to visit Turkey in first foreign visit during Gulf Rift.







No reason for Libyan assets still to be frozen at this date.






No wonder Saudis are all bug eyed over Iran - Iran allegedly threatened military intervention to support Qatar at start of KSA led blockade.





SOUTH KOREA SUCCESSFULLY CONDUCTED LIVE EXERCISE OF AIR-TO-SURFACE MISSILES FOR PRECISION BOMBING OF KEY FACILITIES IN : YONHAP




Considering market cap of all cryptocurrencies was 164 BN as of Sept 1st , why wouldn't NK target this treasure chest ?








Jose is moving toward SE @ 9 mph , but slow clockwise loop expected during the next 48 hours, moving W-NW by late Thursday.