22 June 2016



Today’s Issue Cluster: Oil



MAJOR DATA POINTS



MARKETS

Nigeria – Currency tanks against dollar on float FT / WSJ *

Nigeria – Buckled to market pressure to devalue naira FT / WSJ

Nigeria – Stocks rise as locals anticipate return of foreigners b


ECONOMICS

South Africa – Economy stalling as exports slow B *

South Africa – Avoids feared downgrade to junk status FT / FT *


POLITICS & FISCAL POLICY

Africa – Growth / E *

Africa – New railways risk going the way of the old ones E *


MONETARY POLICY

Fed – Yellen Points to Slow Growth and Low Rates in the Long Run WSJ / FT / B / R *


FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES

Media – ‘Needs to Embrace Digital Shift’ WSJ / WSJ / WSJ *

Media – Rise of Ad-Blocking Software Threatens Online Revenue NYT

Media – NYT Readies Ad-Free Digital Subscription Model WSJ

Media – Fleet Street rivals join forces to combat slowdown FT * *


MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

Oil – Rally Runs Out of Steam as Canadian Wildfire Threat Fades B *

Oil – Raymond James: Get Ready for $80 B *

Oil – Opec Turmoil Could Turn IEA’s Balanced Market Into Shortfall B * *

Oil – Is $50 enough to revive global production? E *

Oil – Iran’s Comeback May Already Be Over B *

Oil – Putin Said to Weigh $11b Rosneft Sale to China, India B *

Oil – ND output posts biggest drop in history R

Oil – Resilient US shale producers eye new chapter R

Oil – Horizontal US Rig Counts Increased Slightly / cr *

Oil – Uncompleted wells could hold back price rebound FT *

Oil – Fracking two-fer: scientists propose substituting CO2 for H2O B *

Oil – Majors look to shed refineries as crude prices rebound R

Oil – China Set to Seize Importer Crown B *

Oil – Asia the 21st Century Battlefield B * * *


HEALTH



ENDNOTE

Hours of Daylight on the Summer Solstice blog *


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