Archive for September, 2016

2 September 2016

Thursday, September 1st, 2016



Today’s Issue Cluster: Autos



MAJOR DATA POINTS

US – Aug: Disappointing Payrolls Dampen Prospects for Rate Hike; +151k
from +275k / NYT / WSJ / FT / R / B *

US – Jul: Factory orders rebound; +1.9% from -1.8% / R

US – Jul: Trade Deficit Drops -11.6%; imports -0.8%, exports +1.9% / WSJ / R


MARKETS

Bonds – Investors Cash Out in EU, Head to US WSJ *


ECONOMICS

EU – Germany: Almost Ready to Spend B *

EU – Spain: Economy Expanding Without a Government WSJ *

EU – Businesses Bristle at Access to China WSJ *


POLITICS & FISCAL POLICY

Brexit – Has UK Gone From Gloom to Boom? WSJ

Brexit – MPs say strong data refute Treasury ‘scaremongering’ FT *

Brexit – When Economic Doomsayers Stumble WSJ *


MONETARY POLICY

Fed – Fischer says job market ‘very close’ to full strength R *

Fed – Headed for Shallow Rate Path This Decade, Study Shows B *

Fed – Alone in projected rate hike this year B *


FINANCE

EU – Banks Get Crushed but Still Lend WSJ *

EU – Germany: Cheap money exposes bank weakness R *

EU – Germany: Savers Lose Faith in Banks, Stash Cash at Home WSJ *

EU – Germany: Banking pair’s flirtation stirs debate FT * *


REAL ESTATE



LABOR & EDUCATION



SERVICES



MANUFACTURING

Autos – US: Big Decline May Signal End of Six-Year Boom NYT / WSJ / B * *

Autos – US: Fleet Turnover Ratio / cr *

Autos – US: CA’s zero-emission program is stuck in neutral R *

Autos – Mexico: Boom Is Driving Up Labor Costs WSJ * * * *

Autos – Spain: Car Makers Pour Money In WSJ *

Autos – China: Domestic brands challenged by new emissions rules FT

Autos – China: Domestic brands hold edge in electric car boom R

Autos – China: Ford Feels Pressure of Rivals’ Pursuit WSJ *

Autos – India: Ford shelves compact car program for EMs R

Autos – Tesla: Unveils Electric-Car Battery With a 315-Mile Range WSJ / B *

Autos – Tesla: How New Models Stack Up Against Bugatti, Lamborghini, Ferrari B *

Autos – Tesla: German carmakers led by BMW train their sights FT * * *

Autos – EVs: Electrics could be a quarter of world’s cars by 2040 FT * * *

Autos – EVs: 95% of China’s Startups Face Wipeout B


TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

Oil – Putin Pushes for Freeze Deal B * *

Oil – Awesome August Awaits September B *

Oil – Crude Stockpiles Advance B *

Oil – Mystery of Storage on Chinese Islands Puzzles Markets B *


HEALTH



ENDNOTE

The distances you can travel on a European train in less than a day wapo * *