Today’s Issue Cluster: Canada
SK – Q2: Growth Slows More Than Forecast on Consumption Drop; +0.6%, +3.6% yr / B / AP
Japan – Jun: Trade deficit widens; -$8b from -$1b / AP / WSJ *
China – Jul: HSBC flash PMI rises to 18-month high; 52.0 from 50.7 / R / WSJ / B *
EZ – Jul: Markit PMI picking up steam despite France; 54.0 from 52.8 / AP / B / R / NYT *
US – Jun: New home sales post biggest drop in almost a year; -8.1% to 406k from 442k / R * *
US – Week: Jobless Claims Drop to Lowest Level Since 2006; -19k to 284k / WSJ / R / B *
US – Jul: Markit factory expansion slows; 56.3 from 57.3 / R * *
Currencies – Intervention fears hit Asian EMs FT
Currencies – Interest in Riskier Bonds Stirred, Not Shaken WSJ *
Currencies – Weaker Euro is a Bear Necessity WSJ
Currencies – Dollar Dominance Intact as US Fines on Banks Raise Ire B *
Currencies – Japan’s retail investors pile into US dollar funds FT *
Currencies – Rupee Buoyed by India’s Near-Record Reserves B *
Canada – ‘Alberta Oil Clout Dominating Unbalanced Economy’ B
Canada – Feds should run small deficit to create thousands of jobs: report CP
Canada – A Central Banker’s Unusual Approach WSJ *
EU – Luxembourg tax regime: Under siege FT * * *
EU – A New Plan to Boost Straggling Investments S *
EU – Infrastructure Cutbacks Worry Economists WSJ *
BOE – Carney signals raise in interest rates FT / R / B
RBNZ – Raises rates, but set to pause for a while R / WSJ / B
MNB – Hungary Central Bank Cuts Main Rate More Than Forecast B / WSJ
Canada – Big 5 Banks Now Big 3 as Assets Diverge B *
Canada – Housing bears stand their ground as prices keep rising G&M *
Planes – Boeing Earnings Take Hit Over Problems in Air Force Tankers NYT / FT / WSJ / R
Planes – Airbus, Boeing Add to Massive Backlogs at Farnborough Air Show WSJ / FT
Planes – Emirates calls on Airbus to revamp A380 superjumbo FT / R
Planes – Aircraft Makers Narrow Engine Options WSJ
Planes – Bombardier to cut 1,800 jobs, aerospace head retires R
Internet – Google’s Vint Cerf: Good That US Will No Longer Be Bodyguard bi
Internet – EU says policy applies to Google’s US website FT
Sugar – Investors Bank on Squeeze WSJ *
Oil Sands – Under fire on Canada’s East Coast G&M
Oil Sands – Foreign investors ‘scared off’ M&A expert says FP
Oil Sands – Linked to higher cancer rates in Fort Chipewyan NP *
Oil Sands – Canada energy deals rebound as shale trumps R *
The main etymologies of European currencies (pre-euro) motw *
