Today’s Issue Cluster: Metals
China – National rail company ‘owes more than Greece’
Ads – Evolve Into New Forms as Media Landscape Shifts
Ship – Negative Rates Hit Global Market
China – Apr: CPI Steady; +2.3% from +2.3% / WSJ
China – Apr: PPI Better Than Expected; -3.4% from -4.3% / FT *
Germany – Mar: Record Current-Account Surplus; +€30b from +€21b / B / AFP *
US – Mar: JOLTS Jobs Openings Increased; 5.8m from 5.6m / cr
US – Mar: Wholesale inventories break a losing streak; +0.1% from -0.6% / AP
US – Apr: NFIB Small Business Index Increased; 93.6 from 92.6 / cr
China – FX reserves up as Fed caution aids PBOC B *
China – Capital outflows persist despite FX reserves rebound FT *
China – National rail company ‘owes more than Greece’ AFP
China – Companies borrow to repay debts in latest credit binge FT *
World – Windfall for Central Banks Fuels Political Pressure WSJ *
World – ‘Running on Monetary Fumes’ cfr *
Ads – Evolve Into New Forms as Media Landscape Shifts NYT
Ads – Privacy activist launches challenge to ‘ad blocker blockers’ FT
Ads – Websites Battle Faltering Revenue and Traffic NYT
Ads – TV Spending Shows Signs of Revival WSJ *
Ads – US election spending boon a welcome respite for TV groups FT *
Ship – Negative Rates Hit Global Market B *
Ship – Panama Canal expansion exposes US infrastructure woes R
Ship – Once Bustling Ports Lose Steam WSJ *
China – Props Up Its Factories, Adding to Glut WSJ *
China – Commodities fall back to earth FT / WSJ / B * *
China – Retail investors throw global commodities into a tailspin FT *
Iron – China Futures Plummet, Obliterating Recent Gains WSJ *
Iron – In Free Fall as Port Holdings Expand B *
Iron – China’s easy money-fueled speculation is prime mover of prices WSJ *
Iron – ArcelorMittal Says Markets Are Stabilizing as Losses Narrow WSJ *
Copper – Freeport sells key mine for $2.7b to China FT / WSJ / FT *
Copper – Rio Approves $5.3b Oyu Tolgoi Mine Expansion B * *
Lithium – How It Defied the Global Commodities Rout WSJ *
Gold – Hedge Funds Take Bullish Gold Bets to Highest Since 2011 B *
Alt – US Utilities Boost Investments in Wind, Solar Power WSJ *
Alt – Solar Shares Plunge Even More Than Coal B *
Modern logos that look awfully similar to older logos bb *
