22 October 2015



Today’s Issue Cluster: Oil

ECB – Draghi Signals New Stimulus May Come This Year
F&B – Can AB InBev’s brewing behemoth find growth in Asia?
Steel – The benefits of bargain-basement iron ore are wearing out


MAJOR DATA POINTS

US – Sep: Existing Home Sales Surge; +4.7% / WSJ / R / AP

US – Week: Jobless claims up slightly; +3k to 259k / R / WSJ / cr *


MARKETS



ECONOMICS

Switzerland – Offers Counterpoint on Deflation’s Ills WSJ *

Switzerland – Avoids recession despite steep rise in franc FT * *


POLITICS & FISCAL POLICY



MONETARY POLICY

ECB – Prepares to consider options for QE expansion FT * *

ECB – Resilient euro casts doubt on ‘Super’ Mario’s policy aims FT * *

ECB – Draghi Signals New Stimulus May Come This Year B / WSJ / FT


FINANCE

UK – BOE to Toughen Stress Tests for Large Banks WSJ / FT


REAL ESTATE



LABOR & EDUCATION

HigherEd – Problems Mount for the ‘Other’ College Debt WSJ *

HigherEd – US Colleges Woo Foreigners, Despite Fraud Risk WSJ *


SERVICES

Streaming – Google to Launch Ad-Free YouTube Subscription Service WSJ

Streaming – Content creators join race to keep pace with consumers FT *


MANUFACTURING

F&B – Champagne on ice for Megabrew domination plan FT * * * * * *

F&B – Can AB InBev’s brewing behemoth find growth in Asia? N *


TECH

Uber – Legal troubles, market realities threaten global push R

Uber – Rise Presses Taxi Lenders WSJ *


TRADE & TRANSPORTATION



COMMODITIES

Steel – China Delivers More Problems WSJ / AFP *

Steel – Global makers labor under a flood from China N *

Steel – The benefits of bargain-basement iron ore are wearing out N *


ENERGY & ENVIRONMENT

Oil – Shale firms hit productivity wall R *

Oil – ‘Opec Is About to Crush the US Boom’ B * *

Oil – Saudis Risk Draining Assets in 5 Years, IMF Says B / WSJ / FT *

Oil – Russia overtakes Saudi Arabia R

Oil – Opec Brings Price War Home B * *

Oil – North Sea producers face a perfect storm FT / FT * *

Oil – China Probes Graft in Angola Deals WSJ *

Oil – US Investigates Venezuelan Giant WSJ * *

Oil – Refinery outage report released EIA *

Oil – Bull Run for Refiners Is Showing Signs of Slowing B *


HEALTH

Pharmacies – Wal-Mart’s drug problem R

Pharmacies – Retail Drug Stores Cut Costs, Merge IBD


ENDNOTE

Form for Drug Dealers to Snitch on Competitors Results in an Arrest NYT *


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