Today’s Issue Cluster: Iran Deal
BOC – Canada Cuts Rates, Fans Real Estate Flames
Garments – China costs and Bangladesh accidents direct factories to Africa
Mobiles – Rising wage costs in China leads Foxconn to India
China – Q2: GDP growth flat; +7.0% from +7.0% / AFP / AP / R / NYT / FT / CD *
China – Jun: Industrial output up; +6.8% from +6.1% / X *
China – Jun: YTD Fixed-asset investment flat; +11.4% from +11.4% / X *
China – Jun: Retail sales up; +10.6% from +10.1% / X *
US – Jun: Factory output flat, held back by sharp drop in auto production AP / B / WSJ
US – Jun: Producer Prices Rise; +0.4% from +0.5% / WSJ / R / AP
China – Gains Fade, Shares End Lower WSJ *
China – Stocks Tumble Again as Investors Doubt Beijing’s Help WSJ / R *
China – Decreasing margin debt and those ETFs ft *
China – Beijing’s Maneuvers Disenchant Global Investors WSJ / FT / FT *
China – Finds Cushions to Avert Stock-Market Damage WSJ *
China – Short-Term Fixes May Impede Long-Term Goals WSJ *
World – Investors should hope that traditional warning lights are wrong FT *
World – IMF GDP growth revisions for 2015 / ft *
Iran – Businesses eye huge opportunities FT / WaPo * *
Iran – Carmakers eye golden opportunity FT * * *
Iran – Business Deals Rarely Smooth WSJ *
Fed – Yellen Warns Congress Against Adding Oversight NYT / WSJ / FT / R / AP / B
Fed – Risks repeat of rate rise mistakes FT * *
Fed – Not in Step With Markets for Rates Dance WSJ *
Fed – Currency traders await an Austen heroine FT * *
Fed – Flounders in Political Arena WSJ *
BOC – Canada Cuts Rates, Fans Real Estate Flames B / R / G&M / FP / CBC *
US – Earnings Show Bad Loans on the Decline WSJ *
China – Hidden Strains Lurk in Job Market, IMF Says WSJ
China – Consumers go local for daily necessities FT * *
Garments – China costs and Bangladesh accidents direct factories to Africa WSJ
Mobiles – Rising wage costs in China leads Foxconn to India FT / N
Pork – US High on the Hogs WSJ *
Pork – Antibiotics abuse makes China’s a hotbed for drug-resistant bugs CER *
Oil – Iran Deal Raises Prospect of Fresh Glut WSJ / NYT * * *
Oil – Iran’s Discount Deal WSJ *
Oil – China a Winner in Iran Deal WSJ *
Oil – Will Saudi output go up to 11m b/d? FT *
Bloomberg spoof alert! Google is not buying Twitter (today) ft *
