25 August 2014



Today’s Issue Cluster: Monetary Policy

Aluminum – Chrysler’s Ram pickup may stick with steel through 2020
Wearable Cameras – Companies stand to profit from Ferguson
Blood – Industry Hurt by Surplus


MAJOR DATA POINTS

Germany – Aug: Ifo Business Confidence Weaker than Expected; 106.3 from 108.0 / WSJ / B *

US – Jul: New Home Sales Fall; -2.4% from -7.0% / R / WSJ / B * *


MARKETS

Bonds – Yield-Starved Investors Take Bigger Risks WSJ *

Bonds – US Issuance Nears $1t WSJ / FT *


ECONOMICS

EU – Spectre of ‘lost decade’ FT / B * * * *

EU – France: Hollande Asks Prime Minister to Form New Government WSJ / FT / AP / AFPR / R / B

EU – France: Slide in construction highlights Hollande’s woes FT / FT * * * *

EU – Italy: Renzi Struggles to Find Funds for Economic Plan WSJ / FT *


POLITICS & FISCAL POLICY

US – Burger King in Talks to Buy Tim Hortons in Canada Tax Deal WSJR / NYT / FT / AP / B / FP

US – In Inversion Deals, UK Is a Winner WSJ *


MONETARY POLICY

World – Job concerns dominate Jackson Hole debate FT / B / AP / FT / WSJ / FT * *

World – Computers reshaping global job market, for better and worse: paper R / wsj

Fed – Yellen Sees Significant Under Use of Labor Resources B / WSJ / FT / NYT / R / WSJ / R * * *

Fed – Rate-Hike Debate Heating Up WSJ / FT / NYT / R / B / BW *

Fed – Bets It Won’t Wait Too Long on Rates WSJ / B *

Fed – Yellen Hawks a Foggier Rate Future WSJ *

Fed – Yellen Referenced This 19-Component Labor Market Index At Jackson Hole bi *

Fed – Bullard Has Fed History on His Side in Rate-Hike Debate with Yellen cfr *

ECB – Eurozone inflation trend raises alarm FT *

ECB – Draghi softens tone on austerity FT / WSJ / NYT / FT * *

BOE – Admits mistake over labour market growth FT

BOJ – May ease policy for ‘some time’ to slay deflation: Kuroda R *


FINANCE

UK – Possibility of ‘Brexit’ threatens London’s prospects FT

UK – British Banks Most Exposed to China wsj * *

UK – Banks horse-trade on ringfence fine print FT *


REAL ESTATE

UK – London rally spreads to lower-priced homes FT * * *

UK – London’s costly construction E *

UK – Rich Russians Think About Sanctions, but Keep Buying Mansions WSJ


SERVICES

Ads – Amazon Prepares Online Advertising Program WSJ

Ads – Online Firms Fight Losses as Revenues Rise WSJ

Ads – Skipping Skews Upscale WSJ *


MANUFACTURING

Robots – China Outmanned in Electronics Automation WSJ *


TECH

Wearable Cameras – Companies stand to profit from Ferguson CBC


TRADE & TRANSPORTATION

Air – Iceland Evacuates People Living Near Volcano WSJ / AP / q / bi * * * *

Air – Iceland lowers aviation alert level from volcano AP

Air – Sparks Fly on Privatizing US Traffic Control WSJ


COMMODITIES

Aluminum – Chrysler’s Ram pickup may stick with steel through 2020 R

Gold – Interest-Rate Fears Trample WSJ / FT *

Gold – Dangerous Economy Thrives in South Africa’s Abandoned Mines WSJ *

Palladium – May Be Headed for a Fall WSJ *

Zinc – Chinese Exports Threatens Biggest Jump in 5 Years B *


ENERGY & ENVIRONMENT

Oil – US Producers to Pump Up Lobbying to Remove Export Ban WSJ *

Oil – Drivers Won’t Get China Market’s Engine Racing WSJ *

Oil – Investors bet on future supply risks FT * * *

Oil – As Venezuelan deliveries wane, allies tap traders for pricey fuel R


LABOR & EDUCATION



HEALTH

Blood – Industry Hurt by Surplus NYT


ENDNOTE

Segments of the London Underground that are actually located Underground motw *


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