Thursday, August 17, 2017

Economic News , Data And Views.....August 17 , 2017.....1) Markets : Asia - Light Economic Calendar For Friday , Market Moving News & Data ; US US Stocks Hammered Today On Trump & Spain Terror Attack Concerns , Gold Moves Higher On Flight To Safety Concerns , Treasury Yields Also Fall On Heightened Anxieties , Additional Items Of Note ; Europe - Major Indexes End Red Today But Watch Out For Friday Really Being A Show Stopper , Financial Items Of Note To Consider. 2) Spain - Updates On Today's Terror Attack - Out Of Respect For The Victims , No Gory Photos Or Videos. 3) US Politics - Swampland News , Charlottesville Aftermath / Backlash / Reverberations Continues , North Korea Situation. 4) Venezuela - Major Banks Cutting Exposure To Venezuela Due To Political Cris , Oil Industry Getting Squeezed , Maduro Crackdown On Opponents Continues Even As UK Mulls Suspending Arms Sales , Additional Items Of Note. 5) Syria Updates. 6) Libya News Of Note - Domestic Economy & Political Fronts. 7) Odds & Ends - Global Items.



Markets......


Asia......



Economic data due from Asia today (this is a very short post)


Onodera hints at Aegis-ashore/THAAD procurement implicitly in remarks at today's US-JP 2+2 presser.




defense minister to attend a meeting with SecDef in later this month.






1 hour ago
UN Secretary General calls for return to Six Party Talks with North Korea





Explains that meeting with the PLA going so smoothly.





US.....





1 hour ago




All 11 S&P 500 sectors end Thursday lower, with technology, financials, and energy among the biggest decliners






1 hour ago
US stocks end the session on the lows

US crude oil futures settle up $0.31 at $47.09


Feds Kashkari: Will consider debt ceiling negotiations when deciding to start taper
Feds Kaplan: Still sees slack in the US labor market

Europe.....



Europe's string of stock gains this week, broken today.


In case you missed it: Deutsche Bank share price hit fresh ytd lows dragged down 10y German Bund yields.






1 hour ago
Replying to  
This chart shows the damage done to German savers. Real yields negative since QE. Avg real yield since the 1970s is 3.3%.




Euro extends its drop after dovish ECB minutes. officials expressed concern about the risk of overshooting.






Spain....



Cambrils....



: Second attack reported, six civilians injured and one police officer — Catalan government.





1 hour ago
Replying to 
- Radio RAC1 is reporting 5 terrorists wearing vests were eliminated. To be confirmed.




Spanish police foiled a potential attack by four terrorists wearing suicide vests.



Barcelona....




COMING UP on : The latest on the Barcelona terror attack: -13 killed -100+ injured -Driver-attacker remains at large





Catalan police say the two arrested in relation to attack are one Spaniard (resident in N. African city of Melilla) and one Moroccan.





But neither of them is the driver of the van.





LATEST: Police say two arrested over Barcelona attack are NOT the driver of the van (who is therefore still at large).





LATEST: Police say Barcelona terror attack related to an explosion last night in town of Alcanar (170km south of Barcelona).






LATEST: Now more than 100 injured in Barcelona attack, say Catalan police.


Plot twist..





1 hour ago
Driss Oukabir is of French nationality & he had not reported the theft of his documents earlier. His younger brother's role is still unclear





Replying to 
10. BREAKING: The Islamic State has claimed credit for the attack in Barcelona, via their Amaq News Agency:





BREAKING: 'Amaq News Agency reported responsibility for attack





Replying to 
- Number of victims rises to 80, 15 in critical condition.




The horror of terror raised its head again...





According to the International Organization for Migration (IOM), 8,385 migrants had arrived in Spain this year by August 9th.







Sudden surge in migration to Spain due to crackdown on trafficking via Libya-Italy sea route-current hot migrant point of entry to Europe.






US Politics....




Swampland....




Imran Awan and his wife have been indicted on four counts-renewed scrutiny on Wasserman Schultz for keeping Awan on the payroll for months.







GOP lawmaker breaks with party, calls for Trump to fire Bannon










Watchdog sues Trump administration for withholding White House visitor logs






1 hour ago
We’re putting in a speed lane for immigration hearings






*TRUMP SAID TO DROP PLAN TO FORM INFRASTRUCTURE ADVISORY COUNCIL: BBG





Top FBI official leaves Mueller's Trump-Russia probe













North Korea...



Mattis today: if launches any missiles (test or not) toward US/JP/ROK/Guam, US would "take immediate, specific actions."




Tillerson dismisses Bannon's claims of "no military solution" for North Korea





TILLERSON SAYS U.S. SEEKS TO PRESSURE TO RESUME DIPLOMATIC TALKS THAT WILL LEAD TO DIFF OUTCOME THAN PREVIOUS NEGOTIATIONS: RTRS




GOP lawmaker: US should launch a "massive cyberattack" on North Korea





Charlottesville...




Trump's Charlottesville remarks spark talk of staffers leaving




JUST IN: Dems propose law banning Confederate monuments on federal property




Dem lawmaker to introduce article of impeachment for Trump over Charlottesville




NEW: Trump fans the flames with defense of Confederate statues




Virginia governor: I don't want Trump visiting Charlottesville unless he talks about unity and healing





  






Venezuela.....




EXCLUSIVE: Bank jitters over Venezuela stall oil delivery to U.S. refiner. via




Replying to 
major banks cutting exposure to Venezuela as a result of political crisis




TANKER WITH 1MM BBLS CRUDE STRANDED NEAR LOUISIANA AS PBF ENERGY TRIES FOR 1 MONTH TO GET BANK CREDIT - SOURCES: RTRS.




British Prime Minister asked to suspend arms sales to





1 hour ago
Venezuela’s government is intensifying its crackdown on critics of Maduro





BREAKING: Venezuela governor: At least 36 dead following raid by security forces at jail.







Here in our hemisphere, another rogue regime & the tragedy of tyranny are playing out before our eyes in Venezuela.




. remains confident that w/ our allies across L. America we will achieve a peaceable solution to the crisis facing Venezuela




Syria....




Replying to 
Approx. situation in central Syria with recent advances by Syrian Arab Army in purple (area between Fasidah Mt & Sha'er Mt not cleared yet).




Pockets forming , ISIS maneuverability keeps being diminished.








| have executed leader of Liwa 'Asefat al-Hazm "Usama al-Khudr" in al-' prison a year after being arrested






North Homs negotiators say they will not give up on prisoner release in ceasefire talks via






REPORT: Too poor to flee, residents are left behind in frontline east Damascus suburb: "No one hears our cries."





Libya....






1 hour ago
Syrian cargo plane is Benina's first foreign flight after reopening -


LNA Spox responds to ICC warrant on Mahmoud Werfali, says he's been arrested & an investigation is under way.






NOC Chairman Sanalla inspects Sharara oilfield after a series of recent security breaches.






UN envoy Ghassan Salamé visits Zintan.






British Amb Millett from : We are working w/ UN envoy Salamé to mobilize Int'l support for the file






Zintan Municipal Council and UN delegation discuss return of 3,000 families to their homes in .




Ali Zeidan still held; reports of his freedom “fake news” says family -





Odds & Ends....




Important scoop on the Kaspersky saga here -->






: King Salman recieves Sheikh Abdullah bin Ali Al-Thani






1 hour ago
Merkel heckled as she defends refugee stance in east Germany






1 hour ago
Wildfires trap 2,000 villagers in Portugal






The latest Bitcoin Price Index is 4,347.68 USD








and Iran will expand and boost their military cooperation, Turkey’s Presidential spokesman reveals.