Monday, January 30, 2017

Today's Headlines

  • Netanyahu to Discuss Renewed Sanctions Against Iran With Trump. Israeli Prime Minister Benjamin Netanyahu said he will bring up renewed sanctions on Iran when he meets with U.S. President Donald Trump at the White House next month, citing Iran’s testing of a ballistic missile. Netanyahu will visit the U.S. Feb. 15 for talks with the president, White House Press Secretary Sean Spicer said at his daily briefing Monday.
  • Greek Markets Tumble as EU Holds Up Payment Amid IMF Doubts. Greek stocks and bonds fell on Monday after the government in Athens failed to bridge differences with European creditors over the conditions attached to the country’s latest bailout review and the International Monetary Fund warned that its debt is on an unsustainable path. Almost two-thirds of the actions creditors have demanded for the disbursement of the next tranche of emergency loans have yet to be completed, the government conceded in a memo discussed between Finance Minister Euclid Tsakalotos and bailout auditors last week in Brussels, a person familiar with the matter said. Greek stocks fell 3.5 percent to their lowest since Dec. 15 at the close in Athens, while yields on 10 year-notes rose 48 basis points to 7.66 percent, amid renewed doubts about the prospects for completing the review before national elections in the Netherlands, France and Germany later this year.
  • Europe Stocks Slump Most Since U.S. Vote as Trump Trades Unravel. (videoEuropean equities fell, with the winners in a rally spurred by Donald Trump’s U.S. victory turning losers on Monday, as investors assessed the potential for political fallout from his order halting some immigration. Miners, energy producers, banks and insurers -- the best performers in the final quarter of 2016 -- led losses in the Stoxx Europe 600 Index. The benchmark slid 1.1 percent, the most since Nov. 2. Greek stocks fell the most among western-European markets on concern over the country’s bailout payment.
Fox News:
  • Suspect in Quebec mosque terror attack was of Moroccan origin, reports show. (videoOne of two gunmen who shouted 'Allahu akbar!' as they opened fire at a mosque in Quebec City was of Moroccan origin, a witness and local media reported Monday, revealing the first details about the attackers in the massacre that killed six men. The terror suspects were identified as Mohamed Khadir and Alexandre Bissonnette, the CBC reported. The two men were arrested soon after the shooting at the Quebec Islamic Cultural Centre Sunday night and were expected to appear in court later Monday, police told reporters.
Zero Hedge:

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