Economic data due from Asia today - China November inflation data
US & Europe....
VIX & Stocks Surge For Second Day Amid Bond Bloodbath http://www.zerohedge.com/news/2016-12-08/vix-stocks-surge-second-day-amid-bond-bloodbath …
US major stock indices closing at record levels
Strange day for bonds: 10y US Treasury yield initially jump after ECB taper decision, than drop while presser, but rise again later in day.
Oil rises as traders get ready for OPEC's meeting with other producers this weekend http://on.mktw.net/2hbtQj6
ONLY FIVE OF 14 NON-OPEC OIL PRODUCERS SO FAR TO ATTEND SATURDAY MEETING AIMED AT WIDENING OUTPUT CUT - SOURCES. RTRS. #OOTT
RUSSIA SEES RISK THAT NON-OPEC MEETING ON DEC 10 COULD BE MOVED DUE TO QUESTIONS THAT HAVE ARISEN - TASS. RTRS. #OOTT
TASS now reports Opec-non-Opec meeting WILL happen on 10/Dec
Europe Blowing off like US Stocks...
So there was a split BUNDESBANK CHIEF WEIDMANN DID NOT AGREE WITH THURSDAY'S ECB DECISION ON EXTENDING BOND PURCHASES: GERMAN NEWSPAPER FAZ
#Eurozone banks like ECB decision. EuroStoxx Banks jump on Draghi
#ECB's Draghi says there Is No Question About Tapering. Tapering has not been discussed today.
German yield curve steepens as ECB has removed deposit rate floor for bond buys and maturity range be broadened from 2 to 1y eligible papers
Hmm , does the man sporting the garlic fear vampires reside in Parliament?
#Greece's @atsipras says the country more than met its revenue targets in 2016 so govt can now afford those benefits for pensioners-islands
GREEK PM TSIPRAS SAYS WILL SPEND 617 MLN EUROS IN WELFARE BENEFIT TO LOW INCOME PENSIONERS AFTER EXCEEDING 2016 BUDGET SURPLUS TARGET
Extradition rejected for 2 Turkish officers..
IMF:we have no deadline for the completion of the second review, we need to get to a credible package, no date for return of mission
IMF:we do not ask for additional austerity if GR-EU agree on higher targets for limited period we can support w structural reforms-policies
ThyssenKrupp secrets stolen in 'massive' cyber attack http://reut.rs/2haumxU
#BREAKING McDonald's moves non-US tax headquarters to Britain from Luxembourg
Strikes, anti-austerity rallies held across Greece http://dlvr.it/Mr640s
λολ ρε γατάκια
fred walton @fredwalton216
Some German politicians threaten to pull Germany from Greece Baiout number 3 , unless the IMP participates.
Call for general strike in Greece against labour market reform. Protests in #Athens with 2-3k people. Shops mainly open.
Almost there. Visa suspension mechanism dispute over. Now the final stretch towards visa free travel for Ukraine and Georgia.
Ex-Ukrainian MP handed US authorities proof of corruption/crimes by president of Ukraine. Now US has a bigger lever against Poroshenko...
While concerns about Russian hacking were valid , what exactly was DHS trying to do with Georgia's Election Database ?
Andy Puzder to be named Labor Secretary...
Seems as if we went almost immediately from election straight into the Trump Presidency , Obama off stage basically.
Trump should rethink this position. He should put his businesses in a blind trust for many reasons.
Odds & Ends.....
#Libya: Airstrikes today at Jufra were VERY accurate. Not Libyan. Bombing hit Benghazi Shura (BRSC)/Ghariani fighters - not Misrata fighters
#Libya: BRSC/Ghariani fighters fleeing from Bin Jawad & Jufra are trying to get Misrata (still at Sirte) to help them-but it's very tense...
After the operation to attack the Oil Crescent , aircraft target forces near al -Jufrah AB.
Very serious subject matter and not meant to belittle legit concerns , but the potential for an SNL skit resonates.
E Aleppo fighting forces territory continues its daily erosion..
BREAKING: Islamic State launches attack to recapture Palmyra from regime. "City in panic, families evacuating," source tells us today.
JUST IN: Tsunami watch issued for Hawaii following 8.0-magnitude earthquake in Solomon Islands.
A Gulenist in every pot , I guess...
.@FlorianNeuhof the battle began as a multi-axis breaching operation, and each unit of terrain takes time to clear.
.@FlorianNeuhof plan later simplified: push more units through the breaches already made, hence shuffle of 9/15/16 div fragments to E Mosul
Boris speaks his mind on sectarianism in the middle east , appropriate criticism of the Saudis given.
Russia & US seem to still be discussing Aleppo , no deal reached yet. Russia wants all combatants to leave Aleppo.
Japan becomes huge hacking target..
Saudi authorities banned journalist Jamal Khashoggi from writing in newspapers, appearing on TV and attending conferences.
EU-Turkey migration agreement: 748 migrants returned to Turkey. EU paid €677 million. http://www.politico.eu/newsletter/playbook/politico-brussels-playbook-presented-by-iberdrola-greek-asylum-deadline-inside-merkels-bunker/ …
Around 1,500 European jihadists return from Mideast: report http://f24.my/2hkinwP