Today’s Issue Cluster: Currencies
Venezuela – Doesn’t Have Enough Money to Pay for Its Money
Mobiles – Chipmaker Rout Worsens as Peak Smartphone Fears Punish Suppliers
Oil – On track for biggest monthly gain in seven years
China – Mar: Clings to factory growth for 2nd month; 50.1 from 50.2 / FT / WSJ
US – Apr: ISM manufacturing index falls; 50.8 from 51.8 / MW
US – Mar: Construction spending rises to 8-1/2-year high; +0.3% from +1.0% / R
Currencies – US adds China, Germany and Japan to new watchlist FT / B *
Currencies – Dollar stirs in jungle ready for a sustained run FT *
Currencies – Trading’s 20% Drop Raises Specter of Flash-Crash Future B *
Currencies – Sweden Declares Truce B *
Currencies – Denmark Seen Dumping Kroner B *
Currencies – Questions over whether EMs have hit an inflection point FT *
Puerto Rico – Heads for imminent default FT / WSJ
Brazil – Turmoil conceals signs of growth FT *
Argentina – How did Macri pull off a $16.5b bond sale? FT / FT *
Chile – Turning copper into wine FT *
Ecuador – Despairs after quake and seeks urgent funds to rebuild FT *
Venezuela – Civil servants put on 2-day week to cut power usage FT *
Venezuela – Doesn’t Have Enough Money to Pay for Its Money B *
Venezuela – Expat Oil Workers Fall on Hard Times WSJ *
Mexico – Explores regulating opium to fight drug violence R *
LatAm – Investors Applaud Political Changes in Brazil and Argentina WSJ *
Argentina – Central Banks Can Create Inflation WSJ *
Mobiles – In Smartphone Market, the Squeeze Is On WSJ *
Mobiles – Chipmaker Rout Worsens as Peak Smartphone Fears Punish Suppliers B / WSJ *
Oil – On track for biggest monthly gain in seven years FT *
Oil – Opec output near record as Iran, Iraq offset outages R
Oil – Market Deja Vu Triggers Predictions of a Return to $30 B *
Oil – Supply growth will moderate only slowly IMF *
Oil – Companies Begin to Benefit From Cost Cuts WSJ *
Oil – Refining’s silver lining loses luster R
Oil – Energy Companies Gain $400b on Rally B *
Oil – China’s Companies Produce Mixed Results Despite Aid WSJ *
Elevation of capitals reddit *
