Catharsis Ours: Economic News , Data & Views ( December 4 , 2015 ) - Europe In Focus ( Data Splash for Friday from around the EZ - Retail Sales in focus , Thursday's brutal selloffs in equities , bonds and sharp euro rise put down to " Post ECB Rate / QE Decisions & Draghi Press-Conference " disappointments - today market activity will be highlighted by OPEC and US Employment Data - Non Farm Payrolls & Employment Situation Report ) ...... Asia and Emerging Nations Update ( Opec in focus - data and news from China and Japan drive news flow ! )

Friday, December 4, 2015

Europe......

#Germany :Lower House of Parliament approves joining military campaign against IS in #Syria http://f24.my/YTliveEN  

VIDEO -  Europe migrant crisis: Thousands try to push their way on the Greek border with… http://f24.my/21B5MI2  

#Eurozone | Nov Retail PMI: 48.5 v 51.3  
Germany: 49.6
France: 47.8
Italy: 47.7 

ECB's Mario Draghi might have missed the mark this time. Here's why http://bloom.bg/1PBicfr  

#Switzerland | NOV CPI M/M: -0.1% V 0.0%E; Y/Y: -1.2% V -1.3%E 

#Spain | Oct Industrial Output SA Y/Y: 4.0% v 4.1%e...miracle 

#Germany | Factory orders 3M trend -2.9%.. 

#Germany | OCT FACTORY ORDERS M/M: 1.8% V 1.2%E; Y/Y: -1.4% V -2.5%E 

Draghi makes history: Thursday was the 3rd biggest intraday range (by percentage) for the Euro of all time. (via DB) 

#ECB cancels currency war: Euro index jumps by almost 3%. http://bloom.bg/1NJsnOs  

Asia , Emerging Nations & Commodities .......

#Japan #MOAR | JAPAN GOVT ARRANGING TO COMPILE EXTRA STIMULUS SPENDING WORTH  3.3 TRLN-3.4 TRLN YEN - SOURCES

Oil prices a tad higher as OPEC set for policy rollover, no sign of Saudi cut plan. http://reut.rs/1II3wmG  

Calm after the storm. Bond markets trade flat after yesterday's Draghi sell-off. 

#China #Gold | *SHANGHAI GOLD EXCHANGE WITHDRAWALS 2,362.3MT YTD AS OF NOV. 27

*CHINA TO CLOSE MARKET IF 5% SWING TRIGGERED AFTER 2:45PM

#China | Shah-wing ....*CHINA TO IMPOSE 15-MINUTE TRADING HALT IF 5% SWING TRIGGERED

The 40% drop in #oil over last 12 months has put crude below the breakeven rate for producing countries. (via BBG) 

#SouthKorea | Acc to Clarkson Research Services, Korean shipbuilders saw the lowest volume of orders in November since 2009

#Japan's Nikkei closes down 2.2% at 19504.48 and Yen strenghtens vs Dollar in global Draghi sell-off. 

Good morning from Hanover. Asian stock markets join Draghi selloff as bonds drop; Euro holds huge gains. 

Time for doom data: Fathom's #China Momentum Indicator suggests that Chinese economic growth could be as low as 2.6% 

Catharsis Ours