Today’s Issue Cluster: Metals
Germany – Jun: Ifo index highest in 10 months; 108.7 from 107.8 / B *
US – May: Durable-Goods Orders Fell; -2.2% from +3.3% / WSJ
US – Jun: UMich Consumer Sentiment Falls; 93.5 from 94.7 / CNBC / WSJ
Euro – Sluggish Growth Adds to Brexit Debate B *
Franc – The Losing Battle Against the World’s Most Powerful Currency WSJ *
Germany – 10-year yield turns negative FT / WSJ
Brexit – UK: Plunges into constitutional crisis FT / WSJ * *
Brexit – UK: Changes To Come Slowly NYT / wsj *
Brexit – PM: Cameron Out, Boris In? / WSJ
Brexit – Labour: Corbyn Next to Go? / Ind / FT
Brexit – Scotland: New independence vote is “highly likely” / FT
Brexit – Northern Ireland: Sinn Fein calls for poll on united Ireland / Ind
Brexit – EU: Heightens Fears of Disintegration / WSJ
Brexit – EU: Calls for vote in France, Italy, Netherlands, Denmark, Sweden / BBC
Brexit – Stocks: Europe set for worst drop since 1987 / B / B *
Brexit – Banks: Taking Brunt of Crash / FT / WSJ / WSJ
Brexit – Pound: At the sharp end of markets’ reaction / FT *
Brexit – Pound: Versus Remain vote / b *
Brexit – BOE: Traders Brace for Rate Cut / B * *
Brexit – Gilts: Bond yields set fresh record low / FT *
Brexit – Gold: Soars to a two-year high / FT *
Brexit – UK: Predictions say GDP will be lower by 2030 / FT *
Brexit – UK: Impact on trade, immigration to be determined / FT *
Brexit – US: Predicted to ‘Rattle Economy, Shake Influence’ / WSJ
Brexit – Fed: Zero implied probability of rate hike in Jul Sep & Nov / b / WSJ *
Brexit – US: Probability of Rate Hikes, Before & After / b *
Brexit – Japan: On the Hot Seat / WSJ *
ECB – Could Soon Run Out of Bunds to Buy B *
Switz – Shuttered Geneva Offices Show Impact of Lost Banking Secrecy B *
Retail – China graft purge will pay off, says Gucci FT *
Retail – Internet Is Crushing Department Stores B *
Unicorns – Twilio’s Shares Jump 92% in Trading Debut WSJ *
Unicorns – Twilio leaps in debut / R *
Unicorns – Twilio shares surge in Wall Street debut / FT *
Unicorns – European variant remains elusive FT *
Metals – Tesla Is Squaring Off Against China BW *
Metals – Luxembourg boldly goes into asteroid mining FT *
Gold – Has been no safe port in this storm FT *
Zinc – At a 10-month peak stands out from the metals pack FT
Copper – ‘Real Spark’ for Demand Is Renewable Energy, BHP Says B *
Steel – Makers Strengthen On China Duties; Auto, Construction Demand IBD
Steel – A Mill Lives Again, in a Setback for China NYT
Coal – ‘As Wind Power Lifts WY’s Fortunes, Miners Are Left in the Dust’ NYT
Coal – The Decline of the Industry in One Chart aaf *
Coal – BHP Sticks With Mines in Hard Times WSJ *
The Psychology of Color For Unicorns vc *
