1 April 2015



Today’s Issue Cluster: Nigeria

Africa – Investment flows overtake aid flows
Rail – Million barrels of oil per day by train in US
Oil – US Imports From Opec Have Plunged to a 28-Year Low


MAJOR DATA POINTS

Japan – Q4: Tankan businesses spending plans flat; 12 from 12 / B / AP

SK – Mar: Exports, half of the economy, declined; -4.2% from -3.3% / WSJ

China – Mar: Official Manufacturing PMI Rebounds; 50.1 from 49.9 / WSJ / R / AFP / AP / X *

Turkey – 2014: Growth slows; +2.9% from +4.4% / FT

Russia – Q4: Economy Unexpectedly Expanded; +0.4% from +0.9% / B

EZ – Mar: Markit Manufacturing Activity Picks Up; 52.2 from 51.0 / WSJ

US – Mar: Markit factory activity at five-month high; 55.7 from 55.1 / R

US – Mar: ISM manufacturing slipped; 51.5 from 52.9 / AP / b *

US – Mar: ADP Private-Sector Jobs Rise at Mediocre Pace; +189k from +214k / WSJ / ft / R / AP / r *

US – Feb: Construction spending falls for second straight month; -0.1% from -1.7% / R


MARKETS

World – Investors Across the Globe Join the Party WSJ *

World – Global stock market by country / bespoke * *

World – Dollar supremacy in forex market affirmed by IMF report FT / WSJ *

World – Forex reserves in EMs begin to shrink FT *

World – Countries with Negative GDP Forecasts / b *


ECONOMICS

Africa – Businesses Seek Out New Frontiers WSJ *

Africa – Investment flows overtaken aid flows ct *

Africa – Peaceful Transition Would Be Relative Rarity WSJ *


POLITICS & FISCAL POLICY

Nigeria – Buhari triumphs in historic vote FT / WSJ / NYT / R / B / AFP

Nigeria – What to Expect From Vote: Bull to Bear Cases B

Nigeria – Election: ‘A powder keg’ e * * * *

Nigeria – Mapping a nation divided BBC * * *

Nigeria – Oil minister open to publishing audit on ‘missing’ revenue FT *

Nigeria – Oil Price’s Slide Deters Theft WSJ *

Nigeria – Power struggle FT * * *


MONETARY POLICY



FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH

Telecoms – Google Pressures AT&T’s Broadband Prices WSJ

Telecoms – Bright House Deal Advances Malone’s Cable Ambitions WSJ *


TRADE & TRANSPORTATION

Rail – Canada grain industry pushing for market-driven reform G&M

Rail – North American Roads Caught by Speed of Crude-Oil Collapse B

Rail – Million barrels of oil per day by train in US r *

Rail – ND’s new oil train safety checks seen missing risks R *

Rail – CN derailment numbers soared before recent crashes R * *


COMMODITIES

Diamonds – De Beers Toughens Up Finance WSJ *

Diamonds – India’s polishers lose their sparkle FT / FT / FT *


ENERGY & ENVIRONMENT

Oil – Shows Signs of Life WSJ / WSJ *

Oil – Support for prices set to fade FT *

Oil – Majors over a barrel due to falling reserves FT * *

Oil – Mapping world transport R *

Oil – US Imports From Opec Have Plunged to a 28-Year Low B *

Oil – Some Energy Companies Find the Going Tough WSJ *

Oil – China fourth biggest producer r *

Oil – Producers Sound Retreat From China WSJ *


HEALTH



ENDNOTE

The patent for toilet paper should settle the over vs under debate t *


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