11 July 2016



Today’s Issue Cluster: US Labor



MAJOR DATA POINTS

China – Jun: Consumer Inflation Softens; +1.9% from +2.0% / WSJ


MARKETS

Pound – For exporters, weakness may not offset turbulence R *

Pound – Fall has led to fears over a drop in demand and profits FT *

Pound – Eight-Year Cycle B *


ECONOMICS

World – WTO’s New Global Trade Gauge Points Weaker WSJ

World – Drifting Economy Skirts Worst But Still Lags B *


POLITICS & FISCAL POLICY

Japan – Abe wins sweeping victory FT / WSJ / E *


MONETARY POLICY

BOJ – Paints Itself Into a Negative Rate Corner WSJ *


FINANCE



REAL ESTATE



LABOR & EDUCATION

US – Job Growth Rebound Calms Fears of Economic Swoon WSJ *

US – Labor market bounces back FT * *

US – Job Market Solid, Yet Cooling B *

US – Jobs Number to Reassure Fed 2016 Rate Hike Is Still Possible B *

US – Low-skill males drop out of jobs market FT *

US – NY two-tier testing ground in minimum wage debate R *

US – Cities may regret raising minimum wages dramatically E *

US – Push for higher wages squeezes profits FT * *

US – Supreme Court deals immigration blow to Obama FT *


SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES

Crops – World grain glut set to enter fourth year FT

Crops – China corn shortages loom despite bulging silos FT

Crops – Prospect of bumper US harvest hurts grain bulls FT / B *

Crops – Cocoa surge set to hit chocolate lovers FT *

Crops – Coffee Consumption at Record B *

Crops – Coffee Farmers Who Depart From Guidelines Risk Arrest in Uganda WSJ *


ENERGY & ENVIRONMENT

Alt – US: ‘At a critical turning point’ wapo

Alt – Germany: Legal shake-up threatens ‘revolution’ FT *

Alt – Market: Purchasers include many large tech firms B * *

Alt – Solar: Large-scale leaving rooftop in the dust R

Alt – Geothermal: Could account for 10% of Japan’s capacity B *


HEALTH



ENDNOTE

Moscow Metro tunnel depth map blog *


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