2 June 2015



Today’s Issue Cluster:



MAJOR DATA POINTS



MARKETS

EMs – A Concentrated Bet WSJ *

EMs – Capital flows seen at post-2009 low FT *

EMs – Stakes Are High Over MSCI’s Decision on Chinese Stocks WSJ *

EMs – Global supply chains reshapes trade as China sheds manufacturing FT * * *


ECONOMICS

EU – Spain: Unfinished Crisis Business WSJ *

EU – Italy: Back on its feet FT * * *


POLITICS & FISCAL POLICY

Greece – Bailout monitors hold emergency summit FT / NYT

Greece – Drama Set for Main Stage in Markets WSJ * *

Greece – Getting serious about debt woes FT *

Greece – Bailing with a leaky bucket e *

Greece – Bank Deposits Fall to Lowest Level in More Than 10 Years WSJ *

Greece – Banks Increasingly Rely on ECB Funding WSJ


MONETARY POLICY

ECB – Jury Is Still Out on Stimulus NYT

BOE – Unusual that base rate is only 0.5% / t *


FINANCE

EU – Negative rates turn eurozone’s banking topsy-turvy FT

EU – ECB warns of risks posed by shadow banking sector FT

EU – Corporate borrowers look to capital market union FT * *

EU – Bad Loan Tide Going Out Slowly WSJ * *


REAL ESTATE



LABOR & EDUCATION

EU – More cities will have to plan for smaller populations E * *


SERVICES

Streaming – Apple to Take On Spotify WSJ *

Streaming – Music Services Overtake CDs for First Time WSJ / NYT *

Streaming – Netflix now accounts for 37% of NA web traffic q *


MANUFACTURING



TECH

EU – German antitrust chief warns against restricting Google FT

EU – European Telecoms Race to Merge WSJ *


TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

Carbon – EU energy groups seek UN backing for pricing system FT / FT

Carbon – Coal and solar power executives clash at Paris climate conference FT / WSJ

Carbon – Saudi foresees fossil fuel phase-out this century FT * *

Carbon – ‘Ethanol Is Worse Than The Keystone’ ewg *


HEALTH

Insurance – Hefty Rate Boosts Sought WSJ / NYT / WSJ

Insurance – Health Costs Hinge on Supreme Court Ruling WSJ * *


ENDNOTE

The Movie Sequel Map: Better or Worse Than Their Originals nerdist *


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