Today’s Issue Cluster: Oil
PBOC – Beige Book Shows ‘Disturbing’ Economic Deterioration
Media – Newspapers: Up against the paywall
Commods – Won’t Bottom Until Late 2016
Currencies – PBOC guides renminbi higher after weaker run FT / FT
Currencies – China Signals Loosening Peg to Dollar WSJ / FT / NYT
Currencies – Pledge to Divorce Yuan from Dollar Faces Test WSJ / NYT *
Currencies – Don’t Be Afraid of China Currency Gift Basket WSJ *
Currencies – Doubts grow over Wright’s connection to Bitcoin ft / FT
Spain – Ruling Popular Party Loses Parliamentary Majority WSJ / FT / B *
Spain – Newcomers seek to transform politics FT *
PBOC – Beige Book Shows ‘Disturbing’ Economic Deterioration B *
China – Easing Cycle Keeps on Spinning WSJ *
China – Insurer valuations double banks as premiums soar FT / FT *
Media – Bezos Takes Hands-On Role at WaPo WSJ / B *
Media – Investors See Red As Alibaba Splurges on Ink WSJ *
Media – Newspapers: Up against the paywall E *
Media – ‘Why you should fear for the future of news’ wapo *
Commods – Tumbling prices shake index FT *
Commods – Won’t Bottom Until Late 2016 IBD
Commods – Don’t Hold Your Breath Waiting for a Wave of Defaults B *
Oil – Crude prices head towards new 2015 low as drilling rebounds R
Oil – Opec discord fuels further price drop FT *
Oil – Opec remains divided N *
Oil – $100b Evaporates as World’s Worst Major Plunges 90% B *
Oil – World’s Cheapest Crude Is Already Close to $20 B * *
Oil – Any end in sight for the big slide? FT *
Oil – Crude Moves Out to Sea as Inventories Swell WSJ *
Oil – US Congress lifts export ban FT / WSJ / FT / WSJ * *
Oil – US Exports Boost Prospects for Small Foreign Trading Houses WSJ *
Oil – US Crude Is Too Good, Too Expensive, Too Far for Asia B *
Oil – End of US Export Ban Puts China in Slippery Situation WSJ *
Oil – US Output has First Drop Since 2011 B
Oil – In China Shipping Revamp, This Tanker Operator Is Slickest WSJ *
Oil – What Went Wrong in Price Forecasts? WSJ *
Oil – US price gap vanishing for first time in shale era R
Oil – Don’t Count on a Rally If US Export Ban Is Lifted B *
Oil – Permian producers are among top-performing stocks WSJ *
Oil – Siberian Surprise: Russia Just Keeps Pumping B / B * *
The Humongous Fungus: the largest living organism on Earth motw *
