Today’s Issue Cluster: Currencies
Retail – US holiday shopping discounts deepen, last longer
Pipeline – Putin Turkey Plan Seen as Unrealistic
Wool – NZ goes up-market to survive
China – Nov: Inflation Softens to Five-Year Low; 1.4% from 1.6% / WSJ / B / FT *
Currencies – Ruble: Russia Set to Raise Main Lending Rate B / R / B *
Currencies – Yen: Falling Rate Stirs Debate in Japan WSJ / FT *
Currencies – Dollar: Rise Causes Pain Abroad WSJ / FT *
Currencies – Dollar: China turning away FT * * * * * *
Currencies – Peso: Mexico vows to sell dollars to halt slide AP
Currencies – Real: Steady as she slides for Brazil FT * *
Currencies – Naria: A Victim of Falling Oil Prices WSJ * *
Currencies – EMs: Oil and dollar hammer FT *
Ukraine – Putin’s New Deal Spells End to 15 Years of Wage Gains B / B / B *
Ukraine – Russian Ties Complicate Sanctions WSJ
Ukraine – Sanctions hitting Russians in grocery baskets q *
Ukraine – Russia Contagion Spreads to Former Soviet States Amid Rout B
Ukraine – Kiev Foreign-Currency Reserves Dip Below $10b WSJ *
Ukraine – The rebel republics FT *
Ukraine – Russia’s Oil Shakeout Shouldn’t Stir Banking Fears WSJ *
Ukraine – Italy pivots to Africa for alternatives to Russian gas FT * *
US – Fed Won’t Let Big Banks Drink to Excess WSJ / AP / WSJ *
US – Questions about ‘revolving door’ between NY Fed and Wall St FT
US – Banks Urge Big Customers to Take Cash Elsewhere WSJ *
US – Dodgy Home Appraisals Are Making a Comeback WSJ *
US – New-Home Prices Surge Despite Lackluster Demand wsj *
US – Effort Aims to Aid New Buyers of Homes NYT
Retail – US holiday shopping discounts deepen, last longer R *
Retail – Hiring suggests holiday shopping won’t accelerate this year FT * *
Ship – Samsung axes $2.3b merger amid shareholder pressure FT / WSJ
Ship – China Loses Crown to SK B *
Uber – Under Attack Around the Globe WSJ / B *
Pipeline – Protests Slow Projects Across US, Canada WSJ *
Pipeline – ‘Why a Explosion in Turkey Matters to the US’ b *
Pipeline – Putin Turkey Plan Seen as Unrealistic B *
Pipeline – South Stream Alternative Rests on Shaky Ground MT *
Pipeline – EU hopes to start bypassing Russia by 2019 RT / RIAN / RT *
Cotton – Farmers hit hard as prices drop to lowest since 2009 FT * *
Wool – NZ goes up-market to survive R *
Shale – US industry faces endurance test after Opec rejects cuts FT * * *
Shale – Producers Say Bring It B *
Shale – Will falling oil prices curb America’s boom? E / r * *
Shale – Fracking Discounts Seen Cutting Profits by $3b B
Shale – ‘The fracking fallacy’ nature *
Shale – ND to require every barrel of crude oil be filtered WSJ / R / WSJ / AP
Shale – Oil Trains Hide in Plain Sight WSJ / R *
Shale – Petronas signs Argentina deal FT *
Shale – New gaur sowing technique can give 60% higher yield ET
NYC’s skyline will be radically different in 2018 NYP *
