Today’s Issue Cluster: Mining
US – Jun: NAR home resales at 9-year high; +1.1%, +3.0% yr / R
US – May: FHFA Home Prices Rose; +0.2%, 5.6% yr / B
US – Jun: ConfBd leading indicators rebound; +0.3% from -0.2% / MW
US – Week: Jobless Claims Edged Lower; -1k to 253k / WSJ / R / B
Euro – Trades Close to Post-Brexit Low on ECB Stimulus Speculation B *
EU – Spain: Slapdown Shows Timing Matters When Breaking Rules B *
ECB – Open to Further Stimulus in September WSJ / B / FT / R / NYT *
ECB – Faces QE dilemma after Brexit vote FT *
ECB – German managers think Draghi is “not doing a good job” b *
ECB – Precision Stimulus Can’t Duck Doubt on How Economy Works B *
EU – Spain: Foreign cash jolts home building back to life R *
EU – Germany: Survey reveals top companies employ just 54 refugees FT
Metals – US Brings WTO Challenge Against China WSJ / R
Metals – China takes center-stage in trading r *
Rare Earths – Honda’s Hybrid Motors Sidestep China Supply B
Rare Earths – Pay the price of previous excess r *
Gold – Miners More Fit, Flying High IBD
Gold – Run Could Hit Roadblocks WSJ *
Gold – Investors Pull Most Money Out of SPDR in Eight Months B *
Silver – Glut Swamps India as Buying Frenzy Passes Country By B *
Platinum – South Africa calls for quick wage deal R
Zinc – Isn’t Cure-All for This Miner’s Health WSJ
Zinc – Starts to bubble as investors pile in r *
Copper – Mounting stocks could weigh on price FT *
Iron – BHP Billiton’s Production Shows No Signs of Slowing WSJ
Iron – China Steel Pours Out Faster Than Ever WSJ *
Lithium – Chile’s buried treasure FT / N *
Uranium – Prices hit 11-year low FT
Potash – China ends market nerves over annual contract FT / FT * *
Insurance – Justice Dept. Will Seek to Block 2 Mergers NYT
Insurance – Failure of 2 Mergers Is Unlikely to Stop the Efforts NYT
European language distribution pre-WWI motw *
