2 July 2015



Today’s Issue Cluster: Autos

China – Equity bubble has echoes of Nasdaq in 2000
Iran – Oil exports could jump by 60% in a year
Air – China’s aviation boom drives airport building frenzy


MAJOR DATA POINTS

US – May: Factory orders fall on transportation; -1.0% from -0.7% / R / AP

US – Jun: Jobs Market Continues Fitful Recovery; +223k from +254k (was +280k) / WSJ / R / NYT / FT *

US – Week: Jobless Claims Rise; +10k to 281k / WSJ


MARKETS

China – Weighs Options to Stem Market Rout WSJ / FT *

China – Firms Discover Margin Lending’s Downside WSJ *

China – Equity bubble has echoes of Nasdaq in 2000 FT / FT *


ECONOMICS



POLITICS & FISCAL POLICY

Iran – Eyes $100b of investment in oil industry FT / FT *

Iran – European oil majors hold Tehran talks FT / WSJ

Iran – Oil exports could jump by 60% in a year R *

Iran – Maps out plans to revive economy when sanctions are lifted FT *

Iran – European groups rev up for return to Tehran FT / WSJ * *

Iran – Should Russia and China expect an arms bonanza? E *


MONETARY POLICY

Fed – Looming Problem: Too Little Debt WSJ *

Fed – Inflation Undershoots 2% Target for 37th Month wsj / WSJ *


FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING

Autos – US: Chrysler Hits Retail Milestone, Tops Ford WSJ *

Autos – US: Industry Develops a Weak Spot WSJ *

Autos – US: Fuel Economy Targets May Be Less of a Stretch NYT

Autos – Asia: Car Makers Out-Earn US Rivals WSJ *

Autos – World: Profits of Manufacturers / dv *

Autos – China: Europe’s premium makers warned ‘cash cow is dying’ FT

Autos – China: Car Sales Slow in the West WSJ *

Autos – India: Eicher Motors unveils truck that doubles as a generator FT *

Autos – Russia: Lada revs up as sales reverse off a cliff FT *

Autos – EVs: Electric car sales ready to move out of the slow lane FT *


TECH



TRADE & TRANSPORTATION

Air – Justice Department Probes Airlines for Collusion WSJ / FT / NYT / R *

Air – The Next Frontier in Baggage: Digital Bag Tags WSJ *

Air – China’s aviation boom drives airport building frenzy R

Air – Airports Commission recommends third Heathrow runway FT / WSJ *


COMMODITIES

Crops – Corn, Soybeans Rise on Smaller-Than-Expected Stockpiles WSJ *

Crops – Wheat Prices Up Nearly 6% on Heavy Rains WSJ / FT *

Crops – Meat eating set to drive growth in grain demand FT

Crops – Deere, Potash Face a Glutted Market WSJ


ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Different US regions favor different types of stocks bi *


Comments are closed.