Today’s Issue Cluster: Currencies
Japan – Abe’s approval ratings fall to new low
Greece – EU Urged to Plan for to Default
H5N2 & MERS – New cases slow
EZ – Apr: Trade surplus widened; +€25b from +€15b yr MW *
US – May: Industrial Production Declines; -0.2% from -0.5% / WSJ / R / AP
US – Jun: NAHB home builder sentiment rises; 59 from 54 / R *
Currencies – Dollar Loses Allure WSJ *
Currencies – Euro Gets Wake-Up Call from Merkel WSJ / FT *
Currencies – Merkel’s ‘strong euro’ comments put investors on alert FT * *
Currencies – Animal spirits batter the market FT *
Currencies – SK likely to take up arms in war FT *
Japan – Welcomes Weaker Yen but Weighs Costs WSJ *
Japan – Investors eye Japan as Nikkei outperforms Dow N * *
Japan – Consumers Look to Get in the Game WSJ *
Japan – Exporters see little growth in Asia, trade ministry finds N *
Japan – As It Battles Deflation, a Bitter Legacy Looms WSJ *
Japan – Squares up to China over Asian infrastructure FT *
Japan – Abe’s approval ratings fall to new low FT
Greece – Default fears rise as talks collapse FT / WSJ / NYT / AP / R / B
Greece – Running out of options to avoid capital controls FT *
Greece – Germans becoming increasingly resigned to Grexit FT
Greece – EU Urged to Plan for to Default NYT / WSJ / R
Japan – Mega-banks step up search for foreign targets FT
Japan – Unemployment at 18-year low as women, seniors head back to work N *
Japan – Female labor force participation is up / b *
Chemicals – US companies thrive on shale boom’s cheap gas FT * * *
TPP – Democrats derail Obama trade bill FT / NYT / R / B / WSJ / NYT / FT / WSJ * *
TTIP – Doubts over EU’s proposals for saving US trade deal R
Coal – To be overtaken by renewable power if pledges are kept FT *
Coal – As Prices Fall, Miners Cut Output WSJ * *
Coal – Oil Industry Takes Aim WSJ / AP / FT *
Coal – ‘Dirty and unpopular — but not worthless’ FT
Coal – Huge drop in WV production forecast AP
Coal – Peabody faces scrutiny over clean-up insurance R *
H5N2 – Egg Prices Seem a Lot Higher? Blame Bird Flu wsj *
H5N2 – New bird flu cases slow, focus turns to preventing repeat AP
MERS – WHO: not spreading outside SK hospitals AP / B / NYT
MERS – Why no vaccine? Lack of foresight frustrates scientists R
‘Why Fahrenheit is Better than Celsius’ mj *