16 June 2016



Today’s Issue Cluster: Planes

Fed – Six members now see only one rate hike in 2016
Media – Amazon is preparing to launch streaming music service
NatGas – Coming supply wave puts focus on finding new shores


MAJOR DATA POINTS

US – May: Consumer Prices Rose; +0.2% from +0.4% / WSJ / R

US – Jun: NAHB Home-Builder Sentiment Rose; 60 from 58 / WSJ

US – Q1: Current account deficit widened to 7 year high; -$125b from -$113b / R

US – Week: Jobless Claims Rose; +13k to 277k / WSJ / B


MARKETS



ECONOMICS



POLITICS & FISCAL POLICY



MONETARY POLICY

Fed – Rethinks Pace of Hikes WSJ *

Fed – Yellen Says Brexit Vote Influenced Call B / FT / NYT / R * * *

Fed – Six members now see only one rate hike in 2016 B *

Fed – Yellen Faces Dilemma as Economy Runs Short of Workers B *


FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES

Media – Apple Redesigns Music App, Has 15m Paid Subs B / WSJ

Media – Amazon is preparing to launch streaming music service R *

Media – YouTube Faces Music World Banding Together NYT

Media – Tidal has a Beyoncé hit, but business may not ride the wave FT * *

Media – Spotify’s one-trick business model vulnerable to pressure FT

Media – Spotify plots path to profit R *


MANUFACTURING

Planes – Airbus chief says A350 delivery goal is a challenge WSJ / R / B

Planes – Airbus A380 Available for Rent at 40% Discount B

Planes – Airbus Loses Qatar A320neo Order Over Delays WSJ

Planes – Airbus Struggles With Its Success WSJ / R

Planes – Airbus boss strives for upward trajectory FT *

Planes – Airbus Tackles Its Procrastination Problem WSJ *

Planes – Airbus Ponders How to Blunt Boeing Range Advantage WSJ

Planes – Airbus under new pressure over A400M as deliveries slip R

Planes – Boeing’s Defense Chief Looks Beyond Fighters WSJ *

Planes – Bombardier does a hard sell on new jet FT * * *

Planes – Russia unveils new plane it says will rival Boeing, Airbus R *

Planes – The air-leasing sector may soon face harder times E *


TECH



TRADE & TRANSPORTATION

Ship – More Than Five NatGas Tankers a Week to Traverse Wider Panama Canal B *


COMMODITIES

Coffee – WHO Drops Status as Possible Carcinogen WSJ / FT / R / B

Coffee – Cold Version Is Booming in the US B *

Coffee – Value of premium arabica beans in storage is deteriorating WSJ *


ENERGY & ENVIRONMENT

NatGas – Coming supply wave puts focus on finding new shores R

NatGas – Unlikely casualty in CA renewable energy boom R

NatGas – Slowing China demand stalls ‘golden age’ FT


HEALTH



ENDNOTE

Photos taken by locals and tourists in NY motw *


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