Today’s Issue Cluster: Brexit Update
China – Q2: GDP steadies; +6.7% from +6.7% / R / FT / WSJ / B *
US – Jun: Industrial Production Rebounds; +0.6% from -0.3% / WSJ / R
US – Jun: Retail Sales Up; +0.6% from +0.2% / WSJ / B / R
US – May: Consumer prices maintain gains; +0.2% from +0.2% / R / B
US – May: Business inventories rise; +0.2% from +0.1% / R
US – Jul: UMich consumer sentiment drops; 89.5 from 93.5 / CNBC
Brexit – Pound: Investors Bet the Slide Isn’t Over WSJ *
Brexit – Yen: Surge Leaves Even Biggest Bulls Too Cautious B *
Brexit – Yuan: Vote Is Helping China Push Down Currency WSJ *
Eastern Europe – Most-Vulnerable Nations as Brexit Turmoil Unfolds B * *
Eastern Europe – Currencies Are On the Mend, With One Exception B *
Brexit – Uncertainty looms despite May’s victory FT *
Brexit – Official reveals early talks on US/UK trade deal FT
Brexit – UK hedge funds could still access EU ‘single market’ WSJ *
Brexit – OECD: UK needs to open borders further B *
BOE – Holds interest rates despite Brexit concerns FT / WSJ / NYT / B / R *
BOE – Expectations are no hike rates for over 5 years / t *
UK – Brexit Could Help Foreigners Buy Up More of London B *
E-Cigs – May Help More Than They Hurt B
E-Cigs – Users Sue Over Exploding Devices WSJ *
World – Trade slowdown worse than thought FT *
China – Cargo Volume Growth Hits Seven-Year Low WSJ
US – Exporters’ Gains From Chinese Economic Growth Shrink Further WSJ *
Oil – Refiners: China Flooding Markets With Products WSJ * *
Oil – Refiners: Recovery faces new downstream threat FT *
Oil – Refiners: Pay price for making too much gasoline r *
Pharma – Pricing Power Remains Strong WSJ *
Pharma – Biosimilars set to compete with two big franchises FT * *
Fertility Rate in Europe redit *