Archive for August, 2015

4 August 2015

Monday, August 3rd, 2015



Today’s Issue Cluster: Autos

Coal – ‘Mine Worth $624m Three Years Ago; Now Sold for $1?
Uruguay – Tries to hang on to its buzz
Ship – China’s Economy Adds New Threat to Container Demand


MAJOR DATA POINTS

Japan – Jun: JCER GDP shrank; -0.1% / N *

EZ – Jun: Industrial producer prices fall; -0.1%; -2.2% yr / EU *

US – Jun: Factory orders advance; +1.8% from -1.1% / R / AP


MARKETS

EMs – Redrawing the world map FT * * *


ECONOMICS

LatAm – An emerging or submerging market? FT * * *

Brazil – Engine trouble FT * * *

Brazil – Now the sick man of emerging markets FT * * *

Brazil – Households struggling to meet debt payments FT *

Mexico – Sees poverty climb despite rise in incomes FT * * *

Chile – With Copper Boom Slowing, Real Estate Firms Get Creative WSJ / WSJ

Uruguay – Tries to hang on to its buzz FT * *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING

Autos – US: Sales strong on SUV, luxury demand AP / WSJ / B / NYT *

Autos – US: Higher Spending Should Drive Up Margins WSJ *

Autos – US: Average vehicle age hits record 11.5 years AP

Autos – US: GM, Ford, Flourish Out of the Limelight WSJ / WSJ / FT *

Autos – US: Makers Double Down on Pricey Pickups WSJ *

Autos – US: Regulators Vow to Continue Safety Crackdown WSJ *

Autos – Mexico: Sales Rebound as Used-Cars From US Dwindle WSJ / NYT

Autos – UK: Signs of clouds over Europe’s hottest car market FT *

Autos – Germany: Carmakers raise fears over Brexit FT *

Autos – China: Sales fall amid stock market turmoil FT / WSJ *

Autos – China: Market braces for abnormal era of flat sales FT / AP * *

Autos – China: Sputtering Sales Could Stall European Rally WSJ * *

Autos – Indonesia: Carmakers braced for more pain FT * *

Autos – Japan: Volkswagen working hard to retain top import spot N *

Autos – Iran: Peugeot targets post-sanctions industrial recovery FT *

Autos – VW: Nudges past Toyota for first half worldwide sales FT *

Autos – GM: To put $5b into emerging market car FT / WSJ

Autos – GM: Plows $1b into India to reverse sales decline FT / WSJ *

Autos – Ford: Trucks drive best quarterly results since 2000 FT *

Autos – Tesla: ‘Needs to get its new model to market quickly’ FT *

Autos – Hyundai: Loses Traction in Fight to Lift Profit WSJ *

Autos – Hyundai: Offers $230m olive branch as slump continues FT * *

Autos – Honda: New CEO Shifts Focus to Technology WSJ *


TECH



TRADE & TRANSPORTATION

Ship – China’s Economy Adds New Threat to Container Demand WSJ

Ship – Supersized Cargo Skips Small Ports WSJ *


COMMODITIES

Potash – Legacy behind PotashCorp’s drive for K+S FT / G&M / R / FT * * *

Potash – Stakes are high in global pursuit FT *


ENERGY & ENVIRONMENT

Coal – Obama mandates a shift to renewable energy R *

Coal – Left Fighting Over America’s Last Plants as Rules Mount B *

Coal – ‘Mine Worth $624m Three Years Ago; Now Sold for $1’ B *

Coal – Who’s to Blame for America’s Met Bust? For One, the Aussies B * * *

Coal – US Proposes New Rules to Protect Streams NYT

Coal – US Miners Pressed on Cleanup Costs WSJ

Coal – US Miners Struggle to Survive NYT

Coal – Bonding needs may accelerate crunch b *

Coal – Becoming less deadly to extract in China E *


HEALTH



ENDNOTE

New words spreading: Unbothered q *


3 August 2015

Sunday, August 2nd, 2015



Today’s Issue Cluster: Eastern Europe

World – Numbers add up to HSBC leaving London
Pot – Vape shops eye new marijuana market
Olive Oil – Helps explain Greece’s problems


MAJOR DATA POINTS

China – Jul: Official Manufacturing Activity Slips; 50.0 from 50.2 / WSJ / AP / B

China – Jul: Markit Manufacturing Hits Two-Year Low; 47.8 from 49.4 / WSJ

EZ – Jul: PMI Survey Shows Collapse in Greek Manufacturing Output; 30.2 / WSJ *

US – Jul: ISM manufacturing index slipped; 52.7 from 53.5 / R / AP / B *

US – Jul: Markit factory activity rises slightly; 53.8 from 53.6 / R

US – Jun: Consumer spending weakest in 4 months; +0.2% from +0.7% / AP / R / WSJ

US – Jun: Construction spending gain smallest in five months; +0.1% from +1.8% / R / AP


MARKETS

EMs – Malaysia stocks and ringgit lead rout FT *

EMs – Outflows from emerging market funds accelerate FT *

EMs – Developed market stocks no longer the path to growth FT * * *

EMs – Rapids v calm US waters FT *


ECONOMICS

World – Weak China data hit commodity currencies FT *

World – Falling commodity prices and EM equities e *


POLITICS & FISCAL POLICY

Russia – Georgia Dials Down Conflict WSJ

Russia – Demoralised Ukraine troops start to lose faith in Kiev FT / FT

Russia – Ends Foreign Currency Purchases in Boost for Easing B / WSJ *

Russia – Sanctions new normal proves workable for business FT / R / FT

Russia – The $42b Debt Trap That Putin Has Three Years to Escape B *

Ukraine – Showdown with creditors FT / FT * * *

Ukraine – In graphics e * * * *

E.Europe – Forecast GDP for 2015 / ft *


MONETARY POLICY

CBR – Russia Cuts Rates a Fifth Time FT / WSJ / FT / AP / B * *


FINANCE

World – Banks May Lose Their Asia Stock-Trading Lift WSJ *

World – Numbers add up to HSBC leaving London r *

World – Reality bites for European banks FT

World – US Banks Take Lead WSJ *


REAL ESTATE



LABOR & EDUCATION



SERVICES

Pot – Banking for Industry Hits a Roadblock NYT

Pot – Vape shops eye new marijuana market R

Pot – Race on to develop ‘pot breathalyzer’ R


MANUFACTURING



TECH



TRADE & TRANSPORTATION

TPP – Talks Collapse WSJ / FT / NYT / AP / N / N *

TPP – Dairy stalling deal WSJ / G&M / ABC

TPP – Patent Protection for Drugs Puts Pressure on US NYT

TPP – Negotiators Reach Environmental Accord NYT


COMMODITIES

Olive Oil – Helps explain Greece’s problems wapo

Olive Oil – Dries up e *


ENERGY & ENVIRONMENT

Carbon – Obama plan pushes pricing FT / WSJ / AP / NYT / FT / WSJ / WaPo * *

Carbon – New Regulations to Challenge Industry WSJ *

Carbon – EU Announces Trading Revamp WSJ


HEALTH

Ebola – Vaccine success holds out hope R / AP / FT / WSJ

MERS – SK Outbreak Is Over, Government Says WSJ *

Listeria – Ice-Cream Recall Sends Chill Through Food Industry WSJ *

Legionnaires – Disease Outbreak Hits South Bronx WSJ / NYT

CRE – Superbug was spreading at UCLA LAT *


ENDNOTE

The World’s Most Valuable Sports Teams dv *