10 April 2014



Today’s Issue Cluster: Mobile Payments

Ukraine – ‘Russia Plotting for Influence, Not Invasion, Analysts Say’
TTP – Japan mulls slashing US beef tariffs
Oil – Houston Fills With Crude That Can’t Be Shipped Out


DATA POINTS

China – Mar: Exports Fall Again; -6.6% from -18.1% / WSJ / NYT / AP / B / R / FT / R * *

Japan – Feb: Core machinery orders down; -8.8%, +10.8% yr / WSJ / K / R *

Australia – Mar: Surprise unemployment drop as 18k jobs added; 5.8% from 6.1% / B / ABC / Aus

Germany – 2014: Economists up growth forecast; +1.9% was +1.8% / AP

UK – Mar: RICS House-Price Growth Quickens as Home Shortage Boosts Values; 57 from 47 / B / R

Canada – Feb: New home prices rise; +0.2% from +0.3% / B

US – Week: Jobless Claims Drop to Lowest Level Since May 2007; -32k to 300k / R / AP / WSJ / B *

US – Mar: Import prices rise on surge in food costs; +0.6% from +0.9% / R / WSJ *


MARKETS

Bonds – Big Hedge Funds Roll Dice on Puerto Rico Debt WSJ *

Bonds – Rate rise fears stoke EU floating rate revival FT *


ECONOMICS

World – IMF Trims Global Economic Growth Forecast WSJ / FT * *

World – Difference in 2014 Bloomberg Consensus GDP Forecasts from 1/1/13 / b *

World – The productivity tightrope / N *


POLITICS & FISCAL POLICY

Ukraine – Europe in jeopardy as Putin threatens to cut gas FT / R / WSJ

Ukraine – ‘Russia Plotting for Influence, Not Invasion, Analysts Say’ NYT

Ukraine – Russia’s First-Quarter Capital Outflows Largest Since Late 2008 B / q *


MONETARY POLICY

Fed – Debate on scrapping 6.5% jobless threshold FT / WSJ / NYT / B / R / AP / WSJ *


FINANCE

Mobile – Lenders Place Their Bets WSJ * *

Mobile – Banks Make Smartphone Connection WSJ *

Mobile – Smartphone payments app gets banks’ backing FT

Mobile – Incentives are coming for payments by phones AP / nyt

Mobile – Retailers push into crowded payment market R

Mobile – Soon more smartphones than bank accounts q * *

Mobile – China banking war heats up with launch of online investment app FT / CD

Mobile – Banking faces disruptive tech challenge from players like Google, Apple Aus *

Mobile – Apple Pushes Deeper Into Mobile Payments WSJ / FT

Mobile – Amazon to Offer Kindle Checkout System to Physical Retailers WSJ


REAL ESTATE

UK – London homes surge to record price gap with rest of country FT *

UK – Construction PMI Maintains Top Spot / b *


SERVICES

F&B – Coke Sticks to Its Strategy While Soda Sales Slide WSJ * *


MANUFACTURING

Autos – Big Car Makers in Race to Recall WSJ / FT * *

Autos – Washington ordeal for boss of ‘new GM’ FT *


TECH

PCs – Computer Shipments Declined Again in First Quarter WSJ *

PCs – End of Windows XP support spells trouble for some AP / R


TRADE & TRANSPORTATION

TTIP – Transatlantic trade deal draws public scepticism FT * *

TTP – Japan mulls slashing US beef tariffs N / K / R


COMMODITIES

Steel – China’s Robust Metal Imports Defy Slowdown WSJ *

Steel – Iron-Ore Bear Market Deepens as Aussie Mines Expand B

Steel – Global demand to slow as Chinese economy cools FT / m *

Steel – Europe’s makers remain under pressure despite rising demand FT *


ENERGY & ENVIRONMENT

Oil – Stocks slide at US hub hits physical traders FT *

Oil – Houston Fills With Crude That Can’t Be Shipped Out B / alpha * * * *


LABOR & EDUCATION



HEALTH



ENDNOTES

New Way To Determine If That Milk Carton Is Still Fresh bi * * *


Comments are closed.