Tuesday, September 19, 2017

Economic News , Data & Views....September 19 , 2017 - Quick Hits For Tuesday -1) Markets : US - Stocks End Up Higher Once Again , US Crude Falls Back A Bit & US Treasuries Get Taken To The Woodshed ; Asia - Economic Calendar For Wednesday , Market Moving Data & News. 2) Mexico - 79 Known Dead As Powerful Mexican Earthquakes Levels Buildings In Mexico City & Causes Explosions. 3) Hurricane Maria Updates - Maria Bearing Down On US Virgin Islands & Then Puerto Rico As A Very Powerful Cat 5 Hurricane - Keep Those Souls In Your Thoughts. 4) US Political Round Up For Tuesday . 5) Europe In Focus - Key News From UK , Greece & Spain. 6) Odds & Ends !



Markets.....



US.....



[RTRS] - DOW JONES UNOFFICIALLY CLOSES UP 40.45 POINTS, OR 0.18 PERCENT, AT 22,371.80



[RTRS] - S&P 500 UNOFFICIALLY CLOSES UP 2.74 POINTS, OR 0.11 PERCENT, AT 2,506.61



[RTRS] - NASDAQ UNOFFICIALLY CLOSES UP 6.14 POINTS, OR 0.10 PERCENT, AT 6,460.78



Oil Prices Pare Losses In Post-Settlement Trade After Api Data Shows Smaller-Than-Expected Build In U.S. Crude Inventories



U.S. Gasoline Futures Pare Losses In Post-Settlement Trade After Api Data Shows Bigger-Than-Expected Draw In Inventories



Gun stocks jump after Reuters reports Trump is preparing to ease rules for overseas sales of US guns



WTI Futures Settle At $49.48/Bbl, Down $0.43



US 10-YEAR TRESAURY YIELDS RISE TO 2.239 PERCENT, HIGHEST SINCE AUG. 17




Asia.....



Calendar For Wednesday...





Yuan reference rate in weakening trend since recent dip below 6.50...



Australia AUD600Mln 2021 Bonds Sold To Just One Bidder




1 hour ago

Japan Aug Exports 18.1pct y/y (est 14.3pct, prev 13.4pct) Japan Aug Imports 15.2pct y/y (est 11.6pct, prev 16.3pct)



Fukushima Spent Fuel Removal Said to Be Delayed by 3 Years: NHK. Just like the BOJ's inflation target



RBA analysis by Barclays....






Spain declares North Korean ambassador Kim Hyok Chol persona non grata, asks him to leave by end of September



US are considering shooting down North Korean missiles, even when they are not a threat - CNN




UN Secretary-General stresses need for diplomacy on North Korea





Mexico..




Powerful 7.1 earthquake rocks Mexico, toppling buildings and killing more than 200 people




BREAKING: Civil Defense agency says Mexico earthquake death toll reaches 139.



Mexico City alone has reports of 44 building collapses , death toll at 119 - this will rise.





BREAKING: Mexico's federal government says earthquake death toll has risen to 79.





: President says that 27 buildings have completely collapsed in after today's .






1 hour ago
At least 42 dead so far...








Building collapse caught on video...









Photo shows people searching for survivors in debris of a damaged building in Mexico City.





Keep in mind , the epicenter was 118 miles away from Mexico City as per earlier reports.








Significant structural damage now reported in as a 7.1 magnitude strikes the region.






Surreal damage in the district of . (Via )






Video while quake was occurring...








M7.1 () strikes 115 km SE of Mexico City () 15 min ago. Effects reported by witnesses:





Maria.....





Keep UVI and Puerto Rico in your thought.....Cat 5 Maria is going to come barreling through the Atlantic over the next 24 hours...








Hurricane with wind speeds sustained at 175 miles per hour. Going to track right over Puerto Rico. Pray for those folks!





Hurricane reached Category 5, sputtered over Dominica & now has gone "next level" Pink cloud tops +20°C eye = apex predator storm.





Replying to 
At 910mb, Maria is now 10th most intense hurricane in Atlantic basin history, and would be 5th most intense landfall at current strength.







Replying to 
Wow. Hurricane Maria now down to 910mb, with evidence of 150kt (170mph, 280kph) winds. The storm is still strengthening.







1 hour ago
Here is the latest storm surge and rainfall information for Hurricane





Here are the 5 PM AST key messages for Hurricane





French Caribbean island Martinique suffered power outages but avoided major damage as it was hit by





Hurricane Maria, a category five hurricane, has made landfall in Dominica and battered nearby Martinique and Guadeloupe.






US Politics....


( Most Recent & Best Items - More At Twitter TL..)



No reason his testimony shouldn't be public.






Manafort not taking leak of alleged wiretaps lightly. Calls for investigation and release of information.






Remember When James Clapper Categorically Denied Any Wiretap Against Trump Campaign? | Mediaite



GOP senator submits ObamaCare repeal amendments that bar blue states from setting up single-payer healthcare




Did Trump have a role on deterring military action by UAE and KSA against Qatar early in blockade ? Maybe..




Schumer indicates that new, partisan health care bill would impact recent bipartisan successes on Capitol Hill



McConnell less than commital that he would bring up Graham/Cassidy final health care bill




Some parts of the world "are going to hell," Trump tells the UNGA as he questions the UN's focus and mission.





TRUMP SAYS U.S. IS PREPARED TO TAKE 'FURTHER ACTION' IF VENEZUELAN GOVERNMENT CONTINUES TO IMPOSE AUTHORITARIAN RULE ON ITS PEOPLE





"Rocket Man is on a suicide mission," Trump tells UN.





FULL SPEECH: Trump's U.N. debut a blunt warning to America's enemies





Europe...



UK....



European Council President Donald Tusk says he has agreed to meet Prime Minister Theresa May in London next Tuesday to discuss Brexit



Greece...



US, Moscow Seek Russian Held in Greece Over Bitcoin Laundering




Eldorado Gold Issues Thursday Deadline to Greece for Skouries Mine





Refugee Crisis: Lesvos has Reached Breaking Point Says Mayor





Spain...



Catalonia intrigue goes on....





A bit of a surprise..






LIES: Catalan Deputy First Minister Junqueras said central government's financial control measures had been suspended by Supreme Court.



Replying to 
Not true at all, the Supreme Court just told us. Catalan government appeal hasn't even been admitted yet. Nothing has been suspended.



Replying to 
All of which means total central government control of all Catalan public accounts is still in effect until further notice.



Replying to 
Supreme Court has asked Attorney General for a report on injunction measures Catalonia has asked for. He has 10 days to reply.



Replying to 
But injunction measures are not the appeal itself, which has not been admitted, and central govt. control measures have not been suspended.




Odds & Ends....


Bitcoin


QUID PRO QUO Association shut down by FINMA provided E-Coins for > year & amassed funds of at least 4 ml francs from several hundred users.



Gulf rift...


Qatar seeks dialogue to resolve issues with Gulf Quartet...





Qatar Emir discusses blockade by Gulf Quartet at UNGA...





More from Qatar Emir on blockade...





Replying to 
Barzani calls for bilateral agreement with Baghdad, backed internationally, to take place of referendum, but this has not been offered yet




Barzani gives a 3 day ultimatum to form an agreement or referendum goes forward.




Turkey , France and UN working on an acceptable alternative...




Still leaving the door slightly ajar....