21 October 2014



Today’s Issue Cluster: Europe

Mobiles – Apple’s appeal falters in China as iPhone 6 fails to impress
Stevia – Steals demand from artificial sweeteners
Mobiles – Tablets: The Hype is Over


MAJOR DATA POINTS

China – Q3: Growth slows, near six-year low; +7.3% from +7.5% / R / NYT / AP / FT / WSJ / B *

China – Q3: Housing Sales Fall; -10.8% / WSJ

China – Q3: Industrial production grows; +8.5% from +6.9% / X / WSJ *

China – Q3: Fixed asset investment rises; +16.1% from +16.5% / X *

China – Sep: Growth in retail sales continues to ease; +11.6% from +11.9% / X *

US – Sep: Existing-Home Sales Rise; +2.4%, -1.7% yr / WSJ / R *


MARKETS

Currencies – ‘Euro’s demise exaggerated, old lessons show’ r / r *


ECONOMICS

EU – Companies’ Earnings Show Business Weakened WSJ *

EU – Hollande’s reform road is long, slow and tortuous FT / AFP

EU – German stimulus measures could backfire: Bundesbank AFP / AP

EU – Italian Economic Minister Urges Patience WSJ *

EU – The Eurozone’s Problems Are Based in Politics WSJ / NYT / B / WSJ / AP / FT *

EU – ‘Berlin and Paris Undermine Euro Stability’ S * *


POLITICS & FISCAL POLICY

Ukraine – Russia Rating Cut by Moody’s B / WSJ

Ukraine – Bargains Are Found in Russian Markets WSJ *

Ukraine – Russia takes EU to court over sanctions FT

Ukraine – EU Flags Possible Gas Shortages if Russia Halts Supply WSJ

Ukraine – Russia, Kiev Edge Closer to Natural-Gas Deal WSJ / AP / RT *

Ukraine – Baltic security: Tensions on the frontier FT *

Ukraine – China Embraces a Russia Cut off From Western Capital BW *


MONETARY POLICY

ECB – Starts buying covered bonds FT / WSJ / FT * * *

ECB – Looking at corporate bond buys, could act as soon as December R / WSJ / r *


FINANCE

EU – Leans on big banks to finance bailout fund FT


REAL ESTATE



SERVICES



MANUFACTURING



TECH

Mobiles – Apple Profit Jumps 13% on iPhone 6 Boost WSJ / R / NYT / B / FT / WSJ * * * * *

Mobiles – Apple’s appeal falters in China as iPhone 6 fails to impress N

Mobiles – Tablets: The Hype is Over statista *

Mobiles – Chinese Smartphones Lift Japan’s Electronics Business WSJ * *

Mobiles – Google Takes the Wrapper off Android Lollipop BW *


TRADE & TRANSPORTATION

Rail – CP, CSX Exploratory Merger Talks End WSJ / NYT / FT / G&M / CP

Rail – CSX CEO Warns About Railroad Mergers WSJ *

Rail – CSX takeover would a ‘step back’ for shippers G&M *

Rail – Struggle to get North Dakota crops from the fields FT *

Rail – Geopolitics cast shadow over New Silk Road FT *


COMMODITIES

Sugar – Africa’s Ambitions Turn Sour WSJ *

Stevia – Steals demand from artificial sweeteners r / r *


ENERGY & ENVIRONMENT



LABOR & EDUCATION

EU – German companies tread unfamiliar territory with job cuts FT


HEALTH

Ebola – Nigeria Declared Virus-Free by WHO WSJ *

Ebola – Study Projects Spread of Virus WSJ / wsj *

Ebola – ‘Why A Flight Ban Wouldn’t Work’ 538 *

Ebola – ‘Much worse to come’ E / e * * * *

Ebola – Economic impact of the epidemic WSJ / B / r * *

Ebola – Drug Race Ramps Up in Earnest WSJ *


ENDNOTE

Apple is America’s favorite stock—except in five states q *


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