18 November 2015



Today’s Issue Cluster: Japan

Brazil – Exploding budget deficit
TPP – Prospects dim for 2016 vote in Congress
Power – Energy Storage Industry Gaining Momentum


MAJOR DATA POINTS

China – Oct: Home prices rise first time in 14 months; +0.1% from -0.9% / R / FT *

US – Oct: Housing starts fall to seven-month low; -11.0%, -1.8% yr R / WSJ / B


MARKETS



ECONOMICS

Brazil – Exploding budget deficit B * *

Brazil – Rousseff stares down budget black hole FT * *

Brazil – Crisis Beats the Middle Class Back Down WSJ *

Brazil – Lula and Rousseff square off in austerity soap opera FT

Brazil – Forces Driving Inflation to 10 Percent B * *

Brazil – Are dire public finances hindering the of tackling inflation? E *


POLITICS & FISCAL POLICY

Japan – Feels the Sting of China’s Slowdown NYT / WSJ / FT / WSJ *

Japan – Analysts warn recession doesn’t tell the whole story DT

Japan – China Slowdown Hits Earnings WSJ *

Japan – Float shows new appetite for risk FT *

Japan – Economic future will be a leap into the unknown E *


MONETARY POLICY



FINANCE

Japan – Banks scratching their heads in hunt for dollar N *


REAL ESTATE

Japan – Chinese Property Investors Target Tokyo WSJ

Japan – Tilt piles the pressure on Reits FT *


LABOR & EDUCATION

Japan – Regular Wages Increase for a Straight Month B * *

Japan – Lack of Workers Hobbles Growth WSJ *

Japan – Hiring More Women, but Men Still Hold Top Jobs WSJ *


SERVICES

Hotels – Marriott Wins Battle to Buy Starwood WSJ / FT *

Hotels – Compete for staying power through round of M&A FT / B * *

Hotels – George Soros Puts Money on Latin America WSJ


MANUFACTURING



TECH



TRADE & TRANSPORTATION

TPP – Prospects dim for 2016 vote in Congress R

TPP – Obama says getting it to fly is ‘not easy’ R / G&M


COMMODITIES

Gold – Prices rising following Paris attacks N *

Gold – Fails to benefit from Paris tensions FT

Gold – Strong demand from US retail investors FT

Gold – Set to Drift Lower in 2016 WSJ *

Gold – Miners: shining examples FT *


ENERGY & ENVIRONMENT

Power – Companies, Consumers Spar Over Who Pays for Spare Electricity WSJ *

Power – Batteries start to compete for power grid FT

Power – Energy Storage Industry Gaining Momentum NYT


HEALTH



ENDNOTE

Location of major Japanese company’s headquarters motw *


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