12 June 2014



Today’s Issue Cluster: Planes

Bonds – Big risks still EM stalk markets, says World Bank
Gaming – Cantor Upset Could Tip Online Gambling Debate
Brazil – Summer of discontent


MAJOR DATA POINTS

Japan – Apr: Machinery Orders Fall Less Than Expected; -9.1% not -11.0% / WSJ

EZ – Apr: Robust output boosts Q2 GDP growth hopes; +0.8% from -0.4% / R / m *

US – May: Retail Sales Rise Less Than Forecast; +0.3% from +0.5% / B / R / WSJ / r *

US – Apr: Business inventories posted largest gains in 6 months; +0.6% from +0.4% / R *

US – Week: Jobless Claims Increased Last Week; +4k to 317k / B / r *


MARKETS

Bonds – Investors are buying EM with ever less discrimination FT *

Bonds – Taper Tantrum Ends as EM Tops World B *

Bonds – Big risks still EM stalk markets, says World Bank ft * * * *

Bonds – As Markets Twist, Investors Shout WSJ *

Bonds – Treasurys Yield More Than Comparable Securities WSJ *

Bonds – Doubts raised over rating agency reform FT *


ECONOMICS

Brazil – GDP outlook: another week, another cut ft *

Brazil – Debt Suffering Social-Spend Promises With Election B

Brazil – Stocks poised for World Cup boost FT * * *

Brazil – Summer of discontent r *

Brazil – Faces World Cup comedown FT * * * *


POLITICS & FISCAL POLICY

Iraq – Kurdish Forces Take Control of Kirkuk WSJ / FT *

Iraq – Islamist Insurgents Advance Toward Baghdad WSJ / FT *

Iraq – Strikes defiant tone on oil output FT / FT *


MONETARY POLICY

NZRB – Central Bank Raises Official Cash Rate to 3.25% WSJ / WSJ


FINANCE



REAL ESTATE

World – IMF: Sounds global housing alarm FT * * * *

World – IMF: Home Prices Look Overvalued in Canada, Norway, Australia wsj * *


SERVICES

Gaming – Cantor Upset Could Tip Online Gambling Debate IBD / FT

Gaming – Casinos sink on Macau spin of wheel FT

Gaming – Harrah’s Tunica Casino to Close, Hinting at Gambling Glut NYT

Gaming – Detroit rolls dice by relying on casino cash R

Gaming – Australia Hippie Town Seen as New Macau With World’s Biggest Hotel B

Gaming – Singapore’s Casinos Face Obstacles to Growth WSJ *


MANUFACTURING

Planes – Airbus Suffers Worst Order Loss as Emirates A350 Deal Scrapped FT / B / FT / WSJ / R / S * *

Planes – Airbus Says A320neo Jet Remains on Schedule WSJ / WSJ

Planes – Airbus Sees More than 1,000 A330neo Orders Possible WSJ / R / WSJ / R

Planes – Airbus chief says A380 to match 777X R

Planes – Airbus may cut more defense jobs in German export row R / FT

Planes – EU may challenge $8.7b tax breaks in Boeing-Airbus trade dispute R

Planes – Boeing Sees Robust Demand for 777 R / R

Planes – Boeing 787 receives U.S. approval for extended operations R / WSJ

Planes – Boeing’s Slow-Selling 747-8 Buoyed on Talks With Emirates B

Planes – Bombardier Begins Running CSeries Jet Engines Again WSJ / WSJ / FT

Planes – Chinese Commercial Plane Maker Faces Delays WSJ

Planes – Business aviation picks up, but jet surplus persists R / E

Planes – The 11 countries expected to buy F-35 fighter jet R *


TECH



TRADE & TRANSPORTATION



COMMODITIES

Aluminum – Detroit’s Appetite Keeps Growing WSJ / AP * *

Palladium – Futures Hit 13-Year High on Supply Concerns WSJ / WSJ *

Zinc – Gains on lower stocks and expected supply cuts FT *

BHP Billiton – Reviews historic merger FT *


ENERGY & ENVIRONMENT



LABOR & EDUCATION



HEALTH



ENDNOTE

2014 FIFA World Cup participant statistics r *


Comments are closed.