Bz Nwz




---

Today’s Issue Cluster: Currencies

Ukraine – EU and US weigh further sanctions
UK – House prices show surprise fall in October: Halifax
Ship – Oil Tankers Stream Toward China as Price Drop Sparks Boom



---

MAJOR DATA POINTS

Japan – Sep: Machinery Orders Rise; +2.9% / WSJ

Russia – Q3: Economic Growth Slows for Third Quarter in a Row; +0.7% from +0.8% / WSJ / B

US – Sep: Job openings fell; 4.7m from 4.9m / AP / cr *

US – Week: Jobless Claims Rose More Than Forecast; +12k to 290k / B / WSJ / R *



---

MARKETS

Currencies – Ruble: Creates debt payment headache for Russian companies R *

Currencies – Ruble: Russians Go Shopping to Beat Coming Price Hikes WSJ *

Currencies – Pound: Sterling Hits 14-Month Low Against Dollar FT *

Currencies – Pound: Sterling bulls pull in their horns FT *

Currencies – Yen: Japan actions risk igniting currency war FT / FT *

Currencies – Aussie: Slides in Hard Times WSJ *

Currencies – Argentine Peso: Gets a Reprieve WSJ *

Currencies – Major economies in no condition to support stronger currencies cfr *



---

ECONOMICS




---

POLITICS & FISCAL POLICY

Ukraine – Fears Rise as Russian Military Units Pour In NYT / FT / WSJ / R / AP

Ukraine – EU and US weigh further sanctions B / B

Ukraine – Putin ally says China cannot replace western financing FT / FT

Ukraine – Russia strains to feed and heat Crimea FT *



---

MONETARY POLICY




---

FINANCE

World – Citigroup, JPMorgan Take Brunt of Currencies Settlement FT / WSJ / NYT / R / AP / B / FT / FT * *



---

REAL ESTATE

UK – House prices show surprise fall in October: Halifax R *

UK – Mortgage data show housing market cooling FT *

UK – A new study confirms suspicions about what drives planning decisions E *

UK – Canary Wharf’s home-building builds a buzz R *



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SERVICES




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MANUFACTURING




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TECH




---

TRADE & TRANSPORTATION

Ship – Oil Tankers Stream Toward China as Price Drop Sparks Boom B

Rail – Accuracy of Bakken Volatility Tests Face More Challenges WSJ

Rail – California oil volumes drop B



---

COMMODITIES

Gold – Demand Loses Some Shine WSJ

Gold – India regains position as world’s top consumer FT

Gold – End of fix heralds shift for London FT * *

Silver – Mom-and-pop investors loading up despite price drop WSJ *

Nickel – Can it recover from boom and bust? R * * *



---

ENERGY & ENVIRONMENT

Carbon – Obama Faces Obstacles to Emissions Deal With China WSJ / FT / B / AP * *

Carbon – China’s Goals Won’t be Hard to Hit WSJ / FT / R / q * *

Carbon – An uneven deal E / NYT *

Carbon – Global markets r *

Carbon – Is the US or China more responsible? wapo * * *



---

LABOR & EDUCATION

US – To Fill Holiday Jobs, Retailers Reach Out Through Social Media WSJ *

US – Why Are So Many Workers Still Part Time? WSJ / wsj * * * * * * * *



---

HEALTH




---

ENDNOTE

London neighbourhoods based on eight different categories E *



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---

Today’s Issue Cluster: Oil

US – Government Shows Growth, After Years of Shrinking
Ebola – Hospitals bleed money as they fight virus
Online – Shoppers Prefer Buying on PCs Over Mobile Devices



---

MAJOR DATA POINTS

EZ – Sep: Industrial Output Points to Weak Q3 Growth; +0.6% from -1.4% / WSJ *

US – Sep: Wholesale inventories rose; +0.3% from +0.6% / R *



---

MARKETS




---

ECONOMICS

US – Predictors of ’29 Crash See 65% Chance of 2015 Recession B

US – What Falling Exports Mean for Economic Growth wsj *

US – Why Rising Rents Haven’t Pumped Up Inflation wsj *

US – Corporate America starts to spend again FT

US – Government Shows Growth, After Years of Shrinking NYT

US – Democrats battled sour economic mood / FT *

US – State Coincident Indexes increased in 43 states / cr * *



---

POLITICS & FISCAL POLICY




---

MONETARY POLICY




---

FINANCE

US – Fewer Families Lack Bank Accounts WSJ *

US – Younger Generation Faces a Savings Deficit WSJ *

US – One Lesson People Increasingly Learn in College: Saving wsj * *



---

REAL ESTATE

US – Commercial property prices reach new high FT

US – Fannie, Freddie to send $6.8b to Treasury R / WSJ / NYT *



---

SERVICES

Online – Republicans signal demise of internet sales tax bill FT / WSJ

Online – Shoppers Prefer Buying on PCs Over Mobile Devices wsj *

Online – ‘Amazon isn’t a monopoly; it’s a behemoth fighting for its life’ a * *

Online – Alibaba breaks records FT / WSJ / R / NYT / B

Online – Customers’ desire for quality boosts shopping CD *



---

MANUFACTURING




---

TECH

Telecoms – Obama Net-Neutrality Stance May Spur Fight With GOP WSJ / NYT

Telecoms – AT&T suspends superfast broadband plans FT

Telecoms – Did Verizon’s Net Neutrality Win Backfire? WSJ

Telecoms – Fears raised over Comcast’s TWC bid FT

Telecoms – European groups enjoy strong run of results FT

Telecoms – Vodafone to battle for dominance of UK residential broadband FT / FT *



---

TRADE & TRANSPORTATION

Pipeline – TransCanada Files Application for C$12b Energy East Project WSJ

Pipeline – Trans Mountain expansion would be of less benefit to BC CP / G&M *

Pipeline – Enbridge Says Design is Safe CP / G&M *

Pipeline – Mergers Have Risen as Oil, Gas Production Has Surged / B *



---

COMMODITIES

Crops – Sugar: Price Surge Follows Brazil Output Drop WSJ *

Crops – Potatoes: Genetically Modified Version Is Approved by USDA NYT / WSJ *



---

ENERGY & ENVIRONMENT

Oil – OPEC Says Output Fell Sharply WSJ

Oil – Analysts sceptical Opec will halt fall in prices FT

Oil – Don’t panic, situation will fix itself: OPEC R / B *

Oil – OPEC has to cut—but it won’t q *

Oil – Price of crude: how low can it go? FT *

Oil – Transocean warns of offshore oil downturn FT

Oil – G20 states spend $88b in exploration subsidies AFP *

Oil – China Has Refined Taste WSJ / B *

Oil – IEA warns low prices threaten US shale investment FT / B / r *

Oil – US shale pioneers circle the wagons FT * *

Oil – US fracking firms stay in top gear despite oil price slump R / IBD

Oil – UK Plans for Future of Shale NYT

Oil – Cheaper Price Lifts Airlines, Other Industries WSJ / FT *



---

LABOR & EDUCATION




---

HEALTH

Ebola – NY doctor cleared, which means no known cases in US WaPo

Ebola – Hospitals bleed money as they fight virus crain’s

MERS – Virus Case Is Reported in Turkey NYT

HIV – Progress against Aids spurs GSK plan to float ViiV Healthcare FT *

Polio – The battle in Pakistan AFP *

TB – Multi-drug resistance / AFP *

Pandemics – G20 to consider plans to create fighting fund FT * *



---

ENDNOTE

The deadliest infectious disease by region gp*



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---

Today’s Issue Cluster: Telecoms

US/China – To Drop Tariffs on Range of Tech Products
Gold – Speculation Points to Lasting Bear Market
Nuclear – Uranium miners soar as Japan moves to restart reactors



---

MAJOR DATA POINTS

Japan – Sep: Posts Unexpectedly Large Current Account Surplus; +¥963b (+$8.1b) WSJ / ft *



---

MARKETS

Bonds – Party mood eludes Europe’s debt bankers FT * *

Bonds – Junk rebound follows end of QE FT / B *

Bonds – Returns on Munis Soar WSJ / B *



---

ECONOMICS

Japan – Abe Will Raise Sales Tax as Planned, Economists Say B

Japan – Abe Adviser Strongly Resists Second Sales-Tax Increase WSJ / NYT

Japan – Some see a way out for Abe on tax hike: an early election N / FT / B / R

Japan – Abenomics Pushes Corporate Earnings Toward Record B



---

POLITICS & FISCAL POLICY

Japan – Okinawa candidate vows to block Futenma base transfer K / Jiji / AS

Japan – Eyes on a compromise with China FT / WSJ / AP / R / NYT / FT * *



---

MONETARY POLICY

BOJ – Stimulus Gives Bank Huge New Role in Markets WSJ *

BOJ – How Kuroda Won the Vote for Stimulus Expansion WSJ *

BOJ – Shifts gears to keep 2% inflation target within reach N *

BOJ – Offers Lessons in Easing Deflation WSJ *



---

FINANCE

World – New bank rules proposed to end ‘too big to fail’ WSJ / R * *

World – Shadow banking nears pre-crisis peak FT / ft



---

REAL ESTATE




---

SERVICES

Media – Swift, Spotify and an industry unsure how to make money FT / WSJ *

Media – Music streaming: secret harmonies FT *



---

MANUFACTURING




---

TECH

Telecoms – Slide after Obama calls for net neutrality ft / IBD / WSJ * *

Telecoms – Investors in Cable Deal Fret Over Broadband Regulation WSJ *

Telecoms – Cat Fight Bn *

Telecoms – Sprint’s Subscriber Losses Keep Mounting WSJ / NYT *

Telecoms – AT&T to take on Slim’s empire FT / WSJ / B

Telecoms – Europe Shifts on Priorities NYT

Telecoms – High hopes for EU deals FT *

Telecoms – Mexico Plans Broadband Overhaul WSJ *



---

TRADE & TRANSPORTATION

US/China – To Drop Tariffs on Range of Tech Products WSJ / FT / NYT / B / AP / R



---

COMMODITIES

Metals – Miners Pressured by Falling Prices WSJ *

Gold – Bears take charge of bullion FT * *

Gold – Speculation Points to Lasting Bear Market B *

Gold – Swiss Vote Approval Would Boost Reserves B *



---

ENERGY & ENVIRONMENT

Nuclear – Japan governor approves first reactor restart WSJ / AFP / AP / N

Nuclear – Uranium miners soar as Japan moves to restart reactors B



---

LABOR & EDUCATION




---

HEALTH

Insurance – Estimated Enrollees for 2015 Health Care Decrease WSJ / B / NYT

Insurance – Companies Try to Escape Health Law’s Penalties WSJ

Insurance – Health-Law Coverage Expansion Gets Tougher WSJ *



---

ENDNOTE

Z Is For Zebra — 90 Percent Of The Time 538 *



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---

Today’s Issue Cluster: US Labor

Ukraine – Ruble Drags Down Companies That Lean on Russian Business
Fed – Axis of Opposition Shifts from Hawks to Doves
NatGas – New Russia-China Deal Could Further Hit Prices



---

MAJOR DATA POINTS

China – Oct: CPI steady; 1.6% from 1.6% / R / WSJ / X *

China – Oct: PPI Declines for Record 32nd Straight Month; -2.2% from -1.8% / B / X *

China – Oct: Export Growth Slowed; +11.6% from +15.3% / WSJ / R / AP *



---

MARKETS




---

ECONOMICS

EU – Germany: Reunification Came With a Big Price Tag WSJ / FT / e * * *

EU – Germany: The invisible Berlin Wall wapo *

EU – Germany: Auto Makers Drive Leipzig’s Economic Revival WSJ *

EU – France: Hollande’s Budget Cuts Force Mayors to Adjust WSJ *

EU – Italy: Has ‘atomic bomb’ to revive economy, says Renzi aide FT * *

EU – UK: Pessimism six months before the general election FT * * *



---

POLITICS & FISCAL POLICY

Ukraine – Donetsk Suffers Escalation of Violence WSJ / FT / R

Ukraine – Ruble Recovers on Central Bank Move WSJ / FT *

Ukraine – Russians buy dollars, hoard cash R

Ukraine – Ruble Drags Down Companies That Lean on Russian Business B *

Ukraine – Plunging rouble raises spectre of fresh financial crisis FT / FT / FT / FT * *

Ukraine – CBR wanted a weaker rouble, it did not want freefall FT *

Ukraine – Putin’s defence of Soviet-Nazi pact ramps up security tensions FT

Ukraine – Gorbachev warns ‘world on brink of new Cold War’ AFP / AP

Ukraine – US Businesses Face Tit-for-Tat Response to Sanctions NYT



---

MONETARY POLICY

Fed – Release of payrolls data puts US rate debate in spotlight WSJ / FT *

Fed – Inflation Undershoots 2% Target for 29th Consecutive Month wsj *

Fed – Axis of Opposition Shifts from Hawks to Doves wsj R

Fed – Mollifies its hawks but now its doves are fretting E *

Fed – QE, who needs ya? No, don’t answer that ft *

Fed – To Markets: Brace for Volatility WSJ



---

FINANCE




---

REAL ESTATE




---

SERVICES

Streaming – Netflix wants Comcast genie back in ‘fast lane’ bottle FT * * *

Streaming – Comcast: Broadband battleground FT *




---

MANUFACTURING




---

TECH

Internet – Obama Urges Strict Rules on Net Neutrality WSJ / NYT / FT / B / R / AP



---

TRADE & TRANSPORTATION

FTAAP – China, US Parry Over Trade Pacts WSJ / FT / AFP / R / AP / AFP / WSJ *

TPP – Deal is close, leaders say G&M / R / AP / WSJ / FT

TPP – Obama pressed to include currency in Pacific trade deal FT



---

COMMODITIES




---

ENERGY & ENVIRONMENT

NatGas – Rallies on Cold Weather Forecast WSJ / FT *

NatGas – New Russia-China Deal Could Further Hit Prices WSJ / FT / B *

NatGas – Cheap Oil Burns Global Gas WSJ *



---

LABOR & EDUCATION

US – Solid Job Gains Belie Economic Unease WSJ *

US – Unemployment Fell Because More Jobless Found Jobs WSJ * * * * *

US – The October Jobs Report in Charts wsj * * ** * *

US – The coulda-been-better report in two charts q * *

US – Clear Evidence of Wage Growth Still Elusive wsj * * *

US – Could Falling Unemployment Finally Spark Wage Growth? wsj *

US – Wage and salary growth inching up, still very slowly ft / WSJ *

US – Manufacturing Wages Rise Fast in Some Areas WSJ *

US – Economists Believe Jobless Rate Will Be Lower for 2016 wsj *

US – Federal Government Now Employs Fewest People Since 1966 wsj * * *

US – Odds of Getting Laid Off Have Never Been Lower wsj * *

US – Illinois and Nevada have largest declines in unemployment BLS *



---

HEALTH




---

ENDNOTE

You Need Grad School to Understand Some Fed Policy Statements wsj *



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---

Today’s Issue Cluster: Soda Tax

Ship – Uncertainties Surround Nicaragua’s New Waterway Project
Salmon – Farms in Chile and Norway are unlikely to keep up with global demand
Oil – World’s 1st gas-to-gasoline plant in Turkmenistan



---

MAJOR DATA POINTS

Germany Sep: Industrial Production Rises Less Than Forecast; +1.4% from -3.1% / B / WSJ / FT * *

US – Oct: Adds Jobs, Unemployment Falls to 5.8%; +214k from +256k / WSJ / B / AP / FT / NYT / R * *



---

MARKETS




---

ECONOMICS

World – OECD sees gradual US-led recovery despite EZ weakness R / FT * *



---

POLITICS & FISCAL POLICY




---

MONETARY POLICY

BOJ – Downgrades outlook for economy FT / WSJ / B / B

BOJ – Governor Defends Aggressive Approach WSJ

BOJ – Majority Said to Favor Ditching 2-Year Price Timeline B

BOJ – ‘Bond vault is starting to resemble a black hole’ r *



---

FINANCE

Japan – BOJ ‘Bazooka’ Could Squeeze Bank Profits WSJ *

Japan – Banks: playing patience FT *



---

REAL ESTATE

World – The global cities that make New York housing look affordable wapo *



---

SERVICES

F&B – Berkeley breaks through on soda tax WSJ / WSJ *

F&B – Stevia adds spice to sugar ‘fat’ debate FT * *

F&B – Orange Juice Searches for a Fresher Image WSJ *

F&B – As Sales Flag Abroad, Coke Refocuses on Home Turf WSJ *

F&B – More Cola Than Juice: America’s Favorite Beverages 538 * * *



---

MANUFACTURING




---

TECH

Streaming – Disney Is Cool to Cable Unbundling WSJ

Streaming – Pay-TV ‘Cord Cutting’ Accelerates WSJ *

Streaming – Replacing TV in China CD *

Streaming – More Americans subscribe to cable internet than cable TV q *



---

TRADE & TRANSPORTATION

Ship – West Coast Port Delays Weigh on Retailers WSJ

Ship – Regulators Go Full Speed Ahead on Emissions Controls WSJ

Ship – Uncertainties Surround Nicaragua’s New Waterway Project S *



---

COMMODITIES

Beef – Cow Prices Jump Over the Moon WSJ * *

Beef – In New Zealand, Higher Prices Loom WSJ *

Salmon – Farms in Chile and Norway are unlikely to keep up with global demand B

Meat – Companies Go Antibiotics-Free as More Consumers Demand It WSJ *



---

ENERGY & ENVIRONMENT

Oil – OPEC Output Expected to Decline More Than Expected WSJ

Oil – Rough Ride Returns for Investors WSJ * *

Oil – ‘Saudi Arabia Won’t Win This Standoff’ bi *

Oil – Drillers Cut Expansion Plans as Prices Drop WSJ

Oil – Down 30% at four-year lows / r *

Oil – World’s 1st gas-to-gasoline plant in Turkmenistan N *



---

LABOR & EDUCATION




---

HEALTH




---

ENDNOTE

‘Folks-O-Meter’ peaks during elections zh *



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---

Today’s Issue Cluster: Africa

ECB – ‘Monetary Fallacy? Deep Divisions Emerge over QE’
Pot – DEA ‘most interested’ in US investors in Canadian marijuana firms
Shale – US: Split Decision by Voters on Local Fracking Bans



---

MAJOR DATA POINTS

Germany – Sep: Factory Orders Point to Q3 Economic Contraction; +0.8% from -4.2% / WSJ / B / AFP / bi *

US – Week: Jobless claims decline; -10k to 278k / R / B / AP / cr *



---

MARKETS

Currencies – Ruble: Russia’s central bank withdraws support FT / WSJ / B / AP *

Currencies – Dollar: How far a distance can it travel? FT *

Currencies – Dollar: Rally puts focus on Beijing FT * * *



---

ECONOMICS

Burkina Faso – Africa’s leaders wake up to the Black Spring FT / NYT / B / BBC

Zimbabwe – ‘Gucci Grace’ Mugabe steps into politics FT * *

Zambia – Faces a Battle Over Leader’s Successor FT / WSJ / FT * * *

Nigeria – A nation divided E * *



---

POLITICS & FISCAL POLICY

Uganda – Chinese money will build infrastructure says Museveni FT

Congo – Seeks Investors for Farmland Bigger Than France WSJ

Botswana – Giant Diamonds Lure Investor Cash WSJ

Tanzania – Natural gas investment threatened by arrest of officials FT *

Mozambique – Prepares to harness vast gas reserves FT * *



---

MONETARY POLICY

ECB – Ready to inject €1t in the eurozone FT / WSJ / R / NYT / B / AP *

ECB – ‘Monetary Fallacy? Deep Divisions Emerge over QE’ S

ECB – Bank of Japan raises the bar FT * *

ECB – Bond Conundrum WSJ *

ECB – Expected to delve into more dangerous markets FT * *

ECB – ‘Fails to Stress Banks Over the One Critical Variable It Controls: Inflation’ cfr *



---

FINANCE

EU – Eurozone lending conditions improve FT *

EU – A look at the 25 failing European banks r *



---

REAL ESTATE




---

SERVICES

Pot – Proponents look to California after victories AP / NYT / r *

Pot – The Rush to Cash In Is Underway NYT

Pot – DEA ‘most interested’ in US investors in Canadian marijuana firms R *



---

MANUFACTURING




---

TECH

Data Centers – In Booming Industry, Proximity Is Key WSJ *

Data Centers – Web Weapon: No-Frills Option WSJ *



---

TRADE & TRANSPORTATION

Air – Lines Stock Surge in US Gets Help From Cheaper Oil B *

Air – Emirates, Etihad and Qatar Make Their Move on the US WSJ *



---

COMMODITIES




---

ENERGY & ENVIRONMENT

Shale – US: Saudis Go Back to the Future to Take on Rivals B

Shale – US: OPEC’s Weak Links Feeling Pain B / AP / WSJ

Shale – US: Boom Redraws Oil Routes as Alaskans Ship to Korea B

Shale – US: ‘Plays = jobs’ aei *

Shale – US: Split Decision by Voters on Local Fracking Bans NYT / WSJ / R / AP / WSJ

Shale – US: America’s Uneven Boost WSJ *

Shale – Canada: Falling Prices Hurt Some, Help Others WSJ

Shale – Canada: Newfoundland refinery swaps Iraqi crude for US R

Shale – China: Levies first fines for slow progress FT

Shale – Argentina: YPF seeks foreign partners FT / r * *



---

LABOR & EDUCATION




---

HEALTH

Ebola – Declines in Liberia WaPo *

Ebola – Number of People Under “Active Monitoring” in NYC Triples NBC

Ebola – US press not reporting cases until positive test forbes

Ebola – Researchers Seek Crucial Tool: A Fast, Finger-Prick Test NYT

Ebola – Race Is On to Detect Virus More Quickly WSJ



---

ENDNOTE

The 10 Longest Commercial Flights in the World reddit *



---




---

Today’s Issue Cluster: US Real Estate

US – GOP Senate Takeover Would Put Fed Under Microscope
US – Republican gains could aid Obama’s Asia trade pact
US – Keystone Approval Sought by Republicans



---

MAJOR DATA POINTS

China – Oct: HSBC Services PMI Edges Down; 52.9 from 53.5 / WSJ *

US – Oct: ADP Private Payrolls Increased by 230k from 225k / WSJ / AP / R *

US – Oct: ISM Nonmanufacturing Index Eases More Than Expected; 57.1 from 58.6 / WSJ / B *



---

MARKETS




---

ECONOMICS

EU – Brussels Cuts Growth Forecast FT / WSJ / NYT / b * * * *

EU – Ultralow Inflation Complicates Fix WSJ *

EU – Italy: the Crucial Test for QE in Europe WSJ *

EU – Spain: Recovery lays bare a social crisis FT * *

EU – France: Bows to Brussels pressure on budget deficit FT *

IMF – Criticised over support for austerity FT / WSJ *



---

POLITICS & FISCAL POLICY

US – GOP Senate Takeover Would Put Fed Under Microscope WSJ

US – Spending, Tax Deadlines Await Congress WSJ

US – Republican gains could aid Obama’s Asia trade pact AP / WSJ

US – Keystone Approval Sought by Republicans B

US – Initiatives Tackle Minimum Wage, Marijuana and Abortion WSJ / FT / WSJ / AP / NYT

US – The Strange Case of States’ Addiction to Casinos nyt



---

MONETARY POLICY

RBA – Keeps Record-Low Interest Rate as Aussie Stays High B / R / SMH / ABC / Aus

Australia – Needs Stimulus to Avoid Recession, Morgan Stanley Says B

Australia – Bulk of Overseas Demand Seen Coming From China WSJ

Australia – Economy Changes as Exports to China Slow BW *



---

FINANCE




---

REAL ESTATE

US – Sales of New Homes Worse Than Most Years in 1980s, 1990s wsj *

US – Home Prices Are Cooling Off wsj * * * * *

US – Pace of home price growth slows in September: CoreLogic AP / cr *

US – First-Time Home Buyers Fade Further WSJ / wsj *

US – New Homes’ Problem: Price WSJ

US – A Preference for the Lease Over the Mortgage NYT *

US – Rising Mortgage Tide Won’t Lift Banking Boats WSJ *

US – NMHC Apartment Market Conditions Slightly Tighter cr *

US – Hotels In Sweet Spot As Ebola, Putin Weigh IBD

US – Malls Fill Vacant Stores With Server Rooms WSJ



---

SERVICES

Gaming – Macau revenues have worst drop on record R / WSJ / FT / B / N / B * *

Gaming – Macau’s casinos reliant on high-rollers r *

Gaming – Time may be running out on Japan’s casino dream N



---

MANUFACTURING




---

TECH




---

TRADE & TRANSPORTATION




---

COMMODITIES




---

ENERGY & ENVIRONMENT

Oil – Saudi Price Cut Upends Market WSJ / FT / NYT / AP / B *

Oil – New Shipment Shows Cracks in US Export Ban WSJ *

Oil – Tanker Investors Get Turned Around by Cheap Crude WSJ *

Oil – A New Boom in Mexico’s Aging ‘Golden Belt’ WSJ *



---

LABOR & EDUCATION

EU – Glacial Growth Lowers Prospects for Job Seekers B

EU – Med becomes a no-man’s land for migrants FT *



---

HEALTH




---

ENDNOTE

What US counties are named for reddit / reddit * *



---




---

Today’s Issue Cluster: Autos

Currencies – Petrodollars leave world markets for first time in 18 years
China – Plans property tax in 2017
Gold – New exchanges out to set benchmark price for Asia



---

MAJOR DATA POINTS

EZ – Oct: Markit Manufacturing Picks Up on Price Cuts; 50.6 from 50.3 / WSJ *

EZ – Sep: Producer Prices Rose; +0.2%, -1.4% yr / WSJ / b *

US – Sep: Trade Deficit Widens to Four-Month High as Exports Drop; -$43b from -$40b / B / R / WSJ / AP *

US – Sep: Factory orders fall, but unfilled orders still rising; -0.6% from -10.0% / R *



---

MARKETS

Currencies – Resurgent dollar set for sustained rally FT *

Currencies – Petrodollars leave world markets for first time in 18 years R * *

Currencies – Speculators force Russia rouble to extend slide FT

Currencies – Yen’s Fall Adds to Bears’ Winnings WSJ *



---

ECONOMICS




---

POLITICS & FISCAL POLICY




---

MONETARY POLICY




---

FINANCE

China – Bankers Enjoy a Bumper Year WSJ *

China – Bad Loans Rise at Biggest Banks WSJ *

China – Small lenders pull back as economy slows FT



---

REAL ESTATE

China – New-Home Prices Fall in October WSJ / ft * * *

China – Plans property tax in 2017 CD

China – Housing headache in one chart ft *

HK – Property prices continue to rise FT * *



---

SERVICES




---

MANUFACTURING

Autos – US Makers Report Strong October Sales WSJ / R / FT / NYT / AP *

Autos – US: GM and Ford Should Be Pumped About Gas WSJ *

Autos – China: Sales Slow WSJ / AP / R *

Autos – China: Carmakers stuck in reverse, despite upgrades FT *

Autos – China: Puts the Brakes on Car Makers WSJ

Autos – China: Japan Makers Skid WSJ / WSJ *

Autos – China: Ford Sales Fall WSJ *

Autos – China: Sales Target Likely to Be Cut Again WSJ

Autos – China: Beijing gets tougher on fuel economy R

Autos – China: Car-Rental Firms See Open Road WSJ *

Autos – India: Sales fall FT / FT / WSJ *

Autos – India: Makers Enhance the Hatchback WSJ *

Autos – SK: Weak Yen Hits Car Makers WSJ

Autos – Asean: US and EU makers face hurdles FT * *

Autos – Germany: New Car Sales Accelerate in October WSJ

Autos – UK: Best Sept. in 10 yrs, but 80% now made on credit r *

Autos – UK: Carmakers chase consumers into shops and online FT * *

Autos – Jaguar: first China factory caps carmaker’s resurgence FT / FT *

Autos – Lincoln: Ford to overhaul brand, this time with big bucks R *

Autos – Jeep: Sergio wants top global brand by 2018 R *

Autos – Tesla: Bumps in the road FT *

Autos – Ferrari: Fiat Chrysler to spin off sports car maker FT / WSJ / FT / FT *

Autos – Honda: Cuts China Full-Year Sales Outlook WSJ

Autos – Nissan: Cuts Global Vehicle Sales Target by 3.5% WSJ / R

Autos – Datsun: Second Life Isn’t So Good, After All BW *

Autos – SUVs: Go from All-American to global star AP

Autos – Electrics – New battery aims to segment FT



---

TECH




---

TRADE & TRANSPORTATION

Auto – Germany Plans to End Autobahn’s Free Ride WSJ *

Auto – No end in sight to London traffic jam misery FT * *

Auto – In Texas, Toll Roads Proliferate—and a Backlash Builds WSJ *



---

COMMODITIES

Gold – Plunges to 4-Year Low WSJ / B *

Gold – Cooling Chinese Demand Adds to Gloomy Outlook WSJ / R *

Gold – New exchanges out to set benchmark price for Asia N



---

ENERGY & ENVIRONMENT




---

LABOR & EDUCATION




---

HEALTH




---

ENDNOTE

Mean travel time to work by US states motw *



---




---

Today’s Issue Cluster: Japan

Air – Wanted: 500,000 pilots for China aviation gold rush
Oil – Libya: Warring factions quietly co-operate to keep up exports
Flu – Google Retools Its Prediction Engine, After Getting It Wrong



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MAJOR DATA POINTS

China – Oct: HSBC PMI Rises Modestly; 50.4 from 50.2 / WSJ *

China – Oct: Official PMI edges down; 50.8 from 51.1 / R / B / WSJ / AP *

China – Oct: Official Services PMI Joins Manufacturing in Slowing; 53.8 from 54.0 / B / R *

EZ – Oct: Markit Manufacturing Remains Near Stagnation; 50.6 was 50.7 / B / WSJ / R *

US – Oct: ISM Manufacturing Unexpectedly Rises; 59.0 from 56.6 / WSJ *

US – Oct: Markit factory activity growth at three-month low; 55.9 from 57.5 / R *

US – Sep: Construction spending weaker than expected; -0.4% from -0.5% / R *



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MARKETS

Currencies – Surprise Stimulus Hammers Yen WSJ

Currencies – Weak Yen Pressures Japanese Firms Operating in China WSJ *

Currencies – Yen’s Purchasing Power Eroding to Record Low B *

Currencies – Yen tensions emerge between Abe and Kuroda FT * * *



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ECONOMICS

Japan – Kuroda’s Stimulus Turns Focus Back to Abe’s Third Arrow B / WSJ / FT *

Japan – Abe balances tax rise against economic damage FT / E *

Japan – Decision on Increasing Sales Tax to Resonate Globally WSJ *

Japan – Behind Profit Rebound WSJ * *

Japan – Asia a bright spot in dim export picture N *



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POLITICS & FISCAL POLICY




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MONETARY POLICY

BOJ – Opts for another dose of shock and awe FT / WSJ / NYT / AP * * *

BOJ – Stimulus boosts dollar and sends S&P 500 to new record FT / WSJ * * *

BOJ – Shock has logic FT *

BOJ – Split Vote Shows Kuroda Walking on Tightrope WSJ / R

BOJ – ‘Opens the floodgates’ ft * *



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FINANCE




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REAL ESTATE

Japan – Land values rising in biggest cities N * *

Japan – Investors Look Beyond Tokyo WSJ *

Japan – Blighted by zombie housing FT * *

Japan – Map of ‘Haunted’ Homes Is Landlords’ Nightmare WSJ *



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SERVICES




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MANUFACTURING




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TECH




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TRADE & TRANSPORTATION

Air – Wanted: 500,000 pilots for China aviation gold rush R

Air – Solar Flares From Sunspot Hamper Pilots, Satellites WSJ *



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COMMODITIES

Coffee – Chinese farmers gain a taste FT

Cocoa – Prices Fall as Harvest Begins WSJ

Crops – Pain in Trains Falls Mainly on Grain WSJ * *



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ENERGY & ENVIRONMENT

Oil – Saudi: Price Drop Has Officials Divided WSJ *

Oil – Saudi: Refining Strategy WSJ *

Oil – Libya: Warring factions quietly co-operate to keep up exports E *

Oil – Asean: Southeast Asia and the shock r *

Oil – World: Big Cos Feel the Need to Get Smaller WSJ *



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LABOR & EDUCATION




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HEALTH

Flu – Shot Supply Dented by Production Woes WSJ

Flu – Google Retools Its Prediction Engine, After Getting It Wrong wsj / nyt *



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ENDNOTE

Emergency numbers by country reddit *



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