Archive for March, 2016

17 March 2016

Wednesday, March 16th, 2016



Today’s Issue Cluster: Natural Gas

LatAm – From Champs To Chumps: Oil Giants Owe $275b
Mexico – Lower Oil Prices Don’t Hurt as Much as They Used To
Zika – Mosquitoes’ rapid spread poses threat beyond current virus


MAJOR DATA POINTS

Japan – Feb: Biggest trade surplus in four years; exports -4%, imports -14% / AP / AFP

US – Jan: JOLTS job openings rose; 5.50m from 5.28m / CNBC

US – Week: Initial Jobless Claims Rose; +7k to 265k / B / R / WSJ

US – Feb: ConfBd leading economic indicators rise; +0.1% / MW


MARKETS

Brazil – Currency rally faces challenges FT


ECONOMICS

LatAm – From Champs To Chumps: Oil Giants Owe $275b B *

LatAm – Oil price collapse reverses fortunes of economies FT * *

LatAm – Fuel-importing Central American nations outpacing neighbors B *

Brazil – Economy’s steep slide raises specter of depression R

Brazil – Shrinking economy to trim current-account gap B *

Argentina – Still Has Some Bond Holdouts WSJ

Argentina – A change of rhythm FT *

Venezuela – Debts Get Repaid WSJ *

Venezuela – Solution in sight? FT *

Mexico – Lower Oil Prices Don’t Hurt as Much as They Used To B *


POLITICS & FISCAL POLICY

Brazil – Scandals closing in FT / B * *

Venezuela – Lawmakers announce plan to oust Maduro FT *


MONETARY POLICY

Fed – Scales back forecasts for rate rises FT / WSJ / R / NYT * *

Fed – Scales Back as Global Risks Remain B / WSJ *

Fed – New Dot Plot B *

Fed – March Dots vs. December Dots b *

Fed – Dot plot doesn’t have as much predictive power as thought WSJ *

Fed – US interest rate cycle stuck in low gear FT *

Fed – June is the New March / b *


FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

NatGas – To surpass coal for US power generation eia *

NatGas – BC LNG terminal set to go to federal cabinet G&M *

NatGas – Remote Canadian play faces long odds amid glut G&M

NatGas – The US-Canada War Over Market Share To Heat Up B * * *

NatGas – Giant Gorgon poised to make its mark FT *


HEALTH

Zika – Bug-Spray Makers Take Aim at Virus WSJ *

Zika – Drugmakers Scramble to Find Vaccine WSJ / AP

Zika – WHO sees ‘accumulating evidence’ of link to disorders R *

Zika – Mosquitoes’ rapid spread poses threat beyond current virus R


ENDNOTE

The Most Expensive Cities in the World to Live wsj *


16 March 2016

Tuesday, March 15th, 2016



Today’s Issue Cluster: Oil

Canada – Trudeau Said to Forgo Added Stimulus With C$30b Deficit
HigherEd – Australia seeks to become superpower
Crops – Post Longest Rally in Four Years on Tighter Supplies


MAJOR DATA POINTS

US – Feb: Consumer Prices Fell; -0.2%, core +0.3% / WSJ / R / AP

US – Feb: Housing Starts Rise; +5.2%, single-family +7.2% / WSJ / AP

US – Feb: Industrial Production Down; -0.5% from +0.8% / WSJ / B


MARKETS



ECONOMICS

Canada – Loonie’s Fall Is Freezing Up Business at Border WSJ *


POLITICS & FISCAL POLICY

Canada – Trudeau Said to Forgo Added Stimulus With C$30b Deficit B / B *


MONETARY POLICY

BOC – Loonie rises as Canada holds key interest rate G&M / CBC / FP *


FINANCE



REAL ESTATE



LABOR & EDUCATION

HigherEd – Australia seeks to become superpower FT * *

HigherEd – Australia’s Students Are Hot Property for Developers WSJ *


SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION

Ship – Pressures Build in Tanker Business WSJ *

Pipeline – Oil Producers Should Love Court Decision WSJ *


COMMODITIES

Crops – Post Longest Rally in Four Years on Tighter Supplies B *

Crops – ‘Dal shock’ prompts farmers to switch from grains to pulses FT *

Crops – Why Monsanto’s Biotech-Food Business Isn’t Growing in India WSJ * *


ENERGY & ENVIRONMENT

Oil – Opec, Non-Opec Producers Plan Output Freeze Meeting WSJ / FT

Oil – Storm Clears as Prices Stabilize on Output Deal B *

Oil – The dangers of a sustained crude recovery FT *

Oil – Price Rise Could Be Its Own Undoing WSJ *

Oil – Crash Risks $19b Wave of Junk Debt Defaults B *

Oil – Bonuses at many energy companies based on higher production WSJ *

Oil – Rout Crimps Sector’s Presence on FTSE 100 WSJ * *

Oil – US crude looks for a home in Europe R

Oil – Determining production levels is a moving target B *

Oil – Chevron looks to future beyond slump FT *

Oil – Many Shale Companies Are Unable to Ramp Up Output WSJ *

Oil – Rising prices will not quickly rescue shale E * *

Oil – Investors Increasingly Bullish on Energy Sector NYT

Oil – Cost-Cutting Shale Drillers Limit Potential for Rally B / B *


HEALTH



ENDNOTE

Global Grain Consumption Map necsi *


15 March 2016

Monday, March 14th, 2016



Today’s Issue Cluster: Virtual Reality

EMs – Flows surge in as investors bet on China and Brazil
Ship – Too Many Boats for Too Little Cargo
Water – Rain Finally Heading Toward California


MAJOR DATA POINTS

US – Feb: Retail sales dip; -0.1% from -0.4% / R / WSJ

US – Feb: Producer Prices Fell; -0.2%; core flat / WSJ

US – Mar: NAHB Housing Index Holds; 58 from 58 / WSJ


MARKETS

EMs – Flows surge in as investors bet on China and Brazil FT *

EMs – Bond markets reopen for borrowers FT *

EMs – The Incredible Debt Switcheroo WSJ *

EMs – Questions over recent rally FT *

EMs – Currency Rally Is Too Good to Last WSJ *

EMs – Russia slides from technological superpower to also-ran FT *


ECONOMICS

World – Fears on downturn are overdone, say economists FT *

World – IMF GDP projections revised downwards / t *


POLITICS & FISCAL POLICY

Germany – Merkel vows to stay the course on refugees despite drubbing FT / WSJ / FT / WSJ / B * *

Germany – Migrant crisis dims once unassailable Merkel’s aura FT / WSJ / B *

Germany – Immune to Populist Right No More B *

Germany – Where refugees and asylum seekers are allocated / vow *


MONETARY POLICY

ECB – Inflation Target Draws Fire From All Sides WSJ *

ECB – Bundesbank Opposed Latest Stimulus WSJ *

ECB – Inflation forecasts have been revised down / b *

ECB – Rate Cuts Help Spanish Home-Buyers, Hurt Banks WSJ *


FINANCE

EU – ECB Woke Up to Banks’ Profits Nightmare WSJ *

EU – ECB’s Cheap Loans Highlight Rift Among Banks WSJ *

EU – Eurozone corporate bond sales heat up FT *

EU – Faces Pension Predicament WSJ WSJ *

EU – Eurozone equities recovery trails S&P 500 FT * *

EU – Euro forecasts torn up after whipsaw run FT *


REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH

VR – To Take Over Game Developers Conference WSJ / verge

VR – Hollywood looks to technology FT / AP * * * *

VR – Goldman Sachs Sees Huge Potential B * * * *

VR – Computing’s next big thing? B * *


TRADE & TRANSPORTATION

Ship – Pressures Build in Oil-Shipping Business WSJ *

Ship – Size obsession could be ending, study finds FT *

Ship – Too Many Boats for Too Little Cargo B * *


COMMODITIES

Water – El Niño Still Clobbering Crops WSJ

Water – Rain Finally Heading Toward California B *


ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

All the roads that lead to Rome moovellab *


14 March 2016

Sunday, March 13th, 2016



Today’s Issue Cluster: US Economy & Real Estate

US – Oil plunge threatens budgets of producer states
Fed – Getting Desired Inflation Ahead of Forecast
Gold – Believers Scoff at Goldman Warning


MAJOR DATA POINTS

EZ – Feb: Industrial production up; +2.1%, +2.8% yr / eu


MARKETS

US – A Winning Bet May Prove Fleeting WSJ *

US – Dollar: The Problem With the World’s Most Obvious Trade WSJ *


ECONOMICS

US – Household Wealth Recovers $7t as Prices Firm B / WSJ *

US – China rust belt investment set to challenge voting habits FT *

US – Gets Miscast as Savior WSJ *

US – May Be an Engine of the World Economy, But Perhaps Not For Long WSJ *

US – Next Recession May Not Be a Biggie But Could Be a Long One B *

US – Deflation Fears Dim as Consumer Prices Strengthen WSJ *

US – Inflation expectations gathering steam FT *

US – States With the Most Household Debt / B *


POLITICS & FISCAL POLICY

US – 27 giant profitable companies paid no taxes USAT *

US – Oil plunge threatens budgets of producer states R *


MONETARY POLICY

Fed – More Economists See a Wait Until June to Raise Rates WSJ *

Fed – Likely to Stand Pat on Rates, Keep Options Open for April or June WSJ / WSJ

Fed – Getting Desired Inflation Ahead of Forecast B * *


FINANCE

US – Banks open gap over Europeans with quick moves FT *

US – Fed Frets Corporate Credit Crunch Will Crimp Economic Growth B *

US – Online lending credit is deteriorating FT / FT *

US – Delinquencies rev up in subprime auto FT *

US – Auto Lenders Are in for a Rougher Ride WSJ *


REAL ESTATE

US – Housing Market Takes On Split Levels WSJ

US – Home ‘flipping’ exceeds peaks in some hot markets R

US – Home Builders Slowed by Permit Delays WSJ

US – 2016 Home Buyer and Seller Generational Trends nar *

US – Apartment-Building Boom Looks Set to Ease WSJ

US – Framing Lumber Prices down 15% / cr *

US – One Way to Make Mortgages Easier to Get WSJ *

US – Fannie and Freddie Shareholders Suffer Stinging Legal Setbacks WSJ *

US – Fannie Mae at risk of needing a bailout FT / WSJ / Hill

US – Investors With Cash Edging Out First-Time Home Buyers WSJ

US – AIA: Slight Contraction in Billings / cr *

US – Warning Lights for Commercial Property Boom WSJ *

US – Fears over commercial property lending surge FT

US – Now Coming to the Commercial Property Market: Defaults WSJ


LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES

Gold – Back in vogue with uncertain economic outlook FT *

Gold – Believers Scoff at Goldman Warning B *


ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Sanders’ position on financial regulation is truly unique eb *


11 March 2016

Friday, March 11th, 2016



Today’s Issue Cluster: European Monetary Policy



MAJOR DATA POINTS

X


MARKETS

EU – Investors Question Effectiveness of ECB Moves WSJ / WSJ *

EU – Markets throw a tantrum FT *

EU – Credit market surges on ECB policy unveiled FT *

EU – Bonds Rise on ECB Stimulus Announcement WSJ

EU – Corporate Bonds Are Clear Winners After ECB Move WSJ

EU – Investors wary over raising hopes for ECB cuts again FT *


ECONOMICS

EU – EZ inflation falls into negative territory FT * *

EU – Spain’s Political Deadlock Dents Economic Rebound WSJ *

EU – Irish economy grows at 7.8% in 2015 FT *


POLITICS & FISCAL POLICY

EU – Germany’s Three State Elections: What’s at Stake for Merkel B / WSJ *

EU – Merkel Threat Lurks in Black Forest as Refugees Sway Voters B *


MONETARY POLICY

ECB – Ramps Up Stimulus But Disappoints Markets WSJ / FT / R *

ECB – Flexes muscles to silence the doubters FT *

ECB – Draghi Defines His Era With Stimulus Into Next Decade B *

ECB – Draghi Marks a Year of QE With Suspense B *

ECB – Investors Fret as Bank Gets More Negative WSJ *

ECB – Investors Eye Corporate Bonds WSJ *

ECB – A pickup in inflation is needed to escape debt burden WSJ *

ECB – Faces Difficult Balancing Act to Revive Inflation WSJ *

ECB – Sets out to convince sceptics FT *

ECB – One year of QE R *

EU – Switzerland might cut rates but the Nordics are likely to stand firm WSJ


FINANCE

EU – Draghi offers bank sweetener to encourage lending FT

EU – For Banks, Stimulus Brings Little Relief WSJ *

EU – Banks Find a Dumping Ground for Their Losses WSJ *


REAL ESTATE



LABOR & EDUCATION

EU – The scale of the migration crisis FT * *


SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Map of most common foreign nationalities in Belgian municipalities LaLibre *


10 March 2016

Thursday, March 10th, 2016



Today’s Issue Cluster: Africa



MAJOR DATA POINTS

X

India – Will it replicate China’s previous growth rate?
Commods – Reasons to be cautious over optimism
NatGas – Price tumble comes as markets are increasingly interlinked


MARKETS

Bonds – Sharp Swings Intensify Worries About Vulnerability WSJ *

Bonds – Junk Rebound Signals Easing Fear WSJ *

Bonds – Investors pile into US junk funds FT *


ECONOMICS

Africa – Bruised by Investor Exodus WSJ *

Africa – Mining Collapse Cripples Dreams of Prosperity WSJ * *

Africa – Private equity builds war chest amid commodity rout B *

Africa – IPOs ‘to hit six-year high’ FT *

Africa – Big cities offer investors hope in hard times R *

Africa – Internal trade deals look good on paper, rarely followed E *

Africa – World looks to farmers for food as population explodes B *

South Africa – Outlines tax rises to stave off downgrade threat FT *

South Africa – Gordhan faces budget battle to restore faith FT *

South Africa – Zuma vows action to prevent rating downgrade FT *

Zimbabwe – Mugabe era draws to a close FT *

Nigeria – Clampdown on currency puts businesses in a bind WSJ *

Nigeria – Has about as much electricity as Edinburgh E *


POLITICS & FISCAL POLICY

India – Budget looks to please both investors and farmers B * *

India – Struggles With Twin Goals: Boost Growth and Trim Deficit WSJ *

India – EM Bright Star Is Faltering WSJ *

India – Will it replicate China’s previous growth rate? B * *

India – Welcomes Home Technology Talent WSJ *


MONETARY POLICY

RBI – Adviser says central bank has room to ease right away B *


FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION

TPP – Free Trade Loses Political Favor WSJ *

World – Global trade: structural shifts FT * *


COMMODITIES

Commods – Goldman Sachs says rally is unlikely to last FT

Commods – Reasons to be cautious over optimism FT *


ENERGY & ENVIRONMENT

NatGas – Price tumble comes as markets are increasingly interlinked FT *

NatGas – Storage Crunch: Look Out Below WSJ *

NatGas – Falling Prices Test Chevron’s Multibillion-Dollar Gorgon Bet WSJ *


HEALTH



ENDNOTE

Annual rainfall volumes geo *


9 March 2016

Tuesday, March 8th, 2016



Today’s Issue Cluster: US Economy & Real Estate



MAJOR DATA POINTS

X


MARKETS

US – A Winning Bet May Prove Fleeting WSJ *

US – Dollar: The Problem With the World’s Most Obvious Trade WSJ *


ECONOMICS

US – Gets Miscast as Savior WSJ *

US – May Be an Engine of the World Economy, But Perhaps Not For Long WSJ *

US – Next Recession May Not Be a Biggie But Could Be a Long One B *

US – Deflation Fears Dim as Consumer Prices Strengthen WSJ *

US – Inflation expectations gathering steam FT *

US – States With the Most Household Debt / B *


POLITICS & FISCAL POLICY

US – 27 giant profitable companies paid no taxes USAT *

US – Oil plunge threatens budgets of producer states R *


MONETARY POLICY

Fed – Likely to Stand Pat on Rates, Keep Options Open for April or June WSJ / WSJ

Fed – Getting Desired Inflation Ahead of Forecast B * *


FINANCE

US – Banks open gap over Europeans with quick moves FT *

US – Fed Frets Corporate Credit Crunch Will Crimp Economic Growth B *

US – Online lending credit is deteriorating FT / FT *

US – Delinquencies rev up in subprime auto FT *

US – Auto Lenders Are in for a Rougher Ride WSJ *


REAL ESTATE

US – Housing Market Takes On Split Levels WSJ

US – Home ‘flipping’ exceeds peaks in some hot markets R

US – Home Builders Slowed by Permit Delays WSJ

US – Apartment-Building Boom Looks Set to Ease WSJ

US – Framing Lumber Prices down 15% / cr *

US – One Way to Make Mortgages Easier to Get WSJ *

US – Fannie and Freddie Shareholders Suffer Stinging Legal Setbacks WSJ *

US – Fannie Mae at risk of needing a bailout FT / WSJ / Hill

US – Investors With Cash Edging Out First-Time Home Buyers WSJ

US – AIA: Slight Contraction in Billings / cr *

US – Warning Lights for Commercial Property Boom WSJ *

US – Fears over commercial property lending surge FT

US – Now Coming to the Commercial Property Market: Defaults WSJ


LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Sanders’ position on financial regulation is truly unique eb *


8 March 2016

Monday, March 7th, 2016



Today’s Issue Cluster: Metals

Japan – The $5t Quandary as Negative-Yielding Debt Doubles
Japan – Shrinking Economy Threatens Abe’s Political Goals
Shale – Boom More Resilient Than the US Government Thought


MAJOR DATA POINTS

Japan – Q4: GDP revised up; -1.1% was -1.4% / R / FT

China – Feb: Exports plunge fastest since 2009; -25.4% from -11.2% / FT / WSJ

US – Feb: NFIB Small Business Index decreased; 92.9 from 93.9 / cr


MARKETS

Japan – Global Pressure Mean Few Options to Weaken Yen WSJ *

Japan – The Government Gets Paid to Borrow Money WSJ / FT *

Japan – Long-term bonds set new record lows FT *

Japan – The $5t Quandary as Negative-Yielding Debt Doubles B * *


ECONOMICS

Japan – Tucking 10,000-Yen Bills Under the Mattress Spells Worry for Abe B *

Japan – Snapping Up Safes to Stash Cash WSJ *

Japan – Department stores bask in glow of negative rates policy FT *


POLITICS & FISCAL POLICY

Japan – Shrinking Economy Threatens Abe’s Political Goals WSJ *


MONETARY POLICY

BOJ – Abe board choice signals determination on stimulus FT


FINANCE



REAL ESTATE



LABOR & EDUCATION

Japan – Population fell nearly 1m in 2010-15 AP


SERVICES



MANUFACTURING



TECH

China – US Disrupts Technology Plans WSJ / R / WSJ *

China – ZTE Restrictions Bad News for US Tech Suppliers WSJ

China – ZTE’s Smartphone Ambitions Run Into US Trade Restrictions WSJ *


TRADE & TRANSPORTATION



COMMODITIES

Metals – Prices signal market bottom FT *

Metals – Glencore Lost $5b in 2015 WSJ *

Metals – Port Sale Highlights Western Australia’s Sinking Fortunes WSJ *

Gold – Price hits 13-month high FT *

Gold – Becomes the Biggest Winner of 2016 B *

Iron – Jumps by record 19% on China stimulus hopes FT *

Iron – Soars on Expectation of China Stimulus WSJ *

Iron – Price Surge Unprecedented / B *

Iron – China Will Make Sure Rebound Won’t Last WSJ *

Iron – Miner Alliance Keeps Ore Going WSJ / B * *

Iron – The Theory That Flower Power Helped Fuel Massive Rally B *

Copper – Skeptics Boost Bearish Wagers, Defying Rally for Prices B / FT *

Copper – Bears Turn Into Bulls Before Prices Rally Most Since 2011 B *

Zinc – Rallies 25% after falling in January FT

Nickel – Can’t Find a Silver Lining WSJ *

Aluminum – Autos shed weight B * *


ENERGY & ENVIRONMENT

Shale – Boom More Resilient Than the US Government Thought B *

Shale – OK Puts Limits on Wells to Fight Quakes NYT


HEALTH



ENDNOTE

If Mexico says no, there’s always Australia… dm *


7 March 2016

Sunday, March 6th, 2016



Today’s Issue Cluster: US Labor

EMs – Stocks Have Underperformed Since Reagan
Retail – Online in India: The great race
Alt – Solar: US fight over incentives


MAJOR DATA POINTS

X


MARKETS

EMs – Don Rally Cap WSJ *

EMs – Stocks Have Underperformed Since Reagan B *

EMs – Currencies show signs of life FT *

EMs – Currencies hit two-month highs FT *

EMs – Currencies Show Wear and Tear WSJ *

EMs – Flows (almost) back in the black FT / FT *

EMs – Debt: The well runs dry E * *

EMs – Is It Time to Make Up? WSJ *


ECONOMICS

EMs – Start to look less barren FT *

EMs – Ex-communist states great for business, despite a taste for graft FT *


POLITICS & FISCAL POLICY



MONETARY POLICY

World – Latin America and Asia diverge on interest rates FT *


FINANCE



REAL ESTATE

World – Rich have 25% of wealth invested in homes B *


LABOR & EDUCATION

US – Employers Look Past Global Tumult WSJ *

US – Full picture requires closer inspection WSJ *

US – Wages Drop in Mixed Jobs Report B / FT *

US – Typical Worker May Get Bigger Raises Than in the Jobs Report WSJ *

US – The Hurdles to Getting Workers Off the Sidelines WSJ *

US – This Is the Largest Job-Growth Streak Ever, Kind Of WSJ * * *

US – Hispanic Job Gains Accelerate B *

US – Productivity Slump Is for Real B *

US – A Less-Skilled Workforce May Be Holding Back Growth WSJ *

US – Minimum Wage Hikes Aren’t All Bad News for Wal-Mart B *

US – More female workers are delaying retirement WSJ * *

US – Is It Millennials’ Time to Shine? WSJ *

US – Oregon Just Set a New Minimum-Wage High WSJ *


SERVICES

Retail – Amazon vs. Wal-Mart: Who’s Winning Title Fight? IBD

Retail – Online in India: The great race E * * *


MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

Alt – Solar: US fight over incentives R *

Alt – Wind: China’s Goldwind Knocks GE From Top Spot B *


HEALTH



ENDNOTE

World population density am *


4 March 2016

Thursday, March 3rd, 2016



Today’s Issue Cluster: European Economy & Policy

ECB – Faces Questions Over Which Bonds to Buy
F&B – Craft breweries scramble for hops after poor harvest
Zika – US Anticipates 4m+ Cases of Virus in Western Hemisphere


MAJOR DATA POINTS

US – Feb: Payrolls grew more than expected; +242k from +271k / WSJ / FT / NYT

US – Feb: Wages Drop in Mixed Jobs Report; -0.1% from +0.5% / B

US – Jan: Exports hit five-and-a-half-year low; -3.3% / R / WSJ


MARKETS

EU – Fear and Loathing of Negative-Yield Debt B *

EU – Switzerland Fights Uphill Battle Against Strong Franc WSJ *


ECONOMICS

EU – Industrials say stability begins at home FT *

EU – Germany’s exporters have bigger problems than China / b *

EU – Austerity cycle concludes / ubs *

EU – UK households and companies load up on debt FT *

EU – Oil collapse puts brake on Italy’s manufacturers FT * *

EU – Surging Swedish economy raises questions over negative rates FT *

EU – Russia’s Economy Is Tanking, So Why Is Putin Smiling? B *


POLITICS & FISCAL POLICY

EU – Merkel refugee policy faces first big electoral test FT *

EU – Brexit: Fraying union FT *

EU – UK bank rules won’t revert to pre-crisis days on `Brexit’ B *

EU – Why Banks Big And Small Will Fear Brexit WSJ *


MONETARY POLICY

ECB – Faces Questions Over Which Bonds to Buy WSJ *

ECB – Negative rates: vaulting ambitions FT *

ECB – Seeks ways to ease negative rate pain for banks FT *

ECB – Needs Support in Lonely Battle Against Deflation WSJ *


FINANCE

EU – Rolls Out Post-Crisis Stress Test B *


REAL ESTATE



LABOR & EDUCATION



SERVICES

Retail – Weak Holidays Force Chains to Shrink, Rethink Web WSJ *

Retail – Store owners lament French resistance to Sunday trading FT * *


MANUFACTURING

F&B – China brewer sale clears path to £71b deal FT *

F&B – Beer Megadeal Faces Hurdle in South Africa WSJ

F&B – Craft breweries scramble for hops after poor harvest FT *

F&B – Stricter Alcohol Guidelines Rattle UK Booze Makers WSJ *

F&B – India’s governments struggle with their addiction to booze E *


TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT



HEALTH

Zika – US Anticipates 4m+ Cases of Virus in Western Hemisphere wfb

H1N1 – Mexico sees spike in swine flu cases, 68 people dead R


ENDNOTE

Current Democratic Primary/Caucus Results by US County reddit *

Current Republican Primary/Caucus Results by US County reddit *