25 July 2016



Today’s Issue Cluster: Brexit Update



MAJOR DATA POINTS

Germany – Jul: Ifo business confidence exceeds Brexit expectations; 108.3 from 108.7 / AFP


MARKETS

Brexit – So Far Not Such a Bad ‘Gamble’ After All in Most Markets B * * * *

Brexit – Winners and losers a month after the vote FT *

Currencies – ‘Pound Rally is living on borrowed time’ B * *

Currencies – Carry Trade Wins Again in Amid Post-Brexit Stability B *


ECONOMICS

Brexit – Euro-Area Growth Already Started Slowing Before Vote B *

Brexit – Germany is Stirred, not Shaken WSJ *

Brexit – Corporate raiders seek bargains in Britain R

Brexit – UK May Be Heading to Recession B / WSJ / FT / R / B * *


POLITICS & FISCAL POLICY

Brexit – Merkel offers May breathing space FT

Brexit – Hollande relaxes stance on swift talks FT / WSJ

Brexit – Europe’s non-euro 8 fear consequences of vote FT

Brexit – Euro-area votes to watch / b *


MONETARY POLICY



FINANCE



REAL ESTATE

UK – London Home Sales Fall B *

UK – Rising prices have kept singles off housing ladder FT *


LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION

UK – Britain eyes new trade deals for Brexit in early 2019 AFP / WSJ

UK – Johnson Says Approached by Australia, India for Trade Deals B

TTIP – Talks Are Faltering NYT / WSJ

EU/Canada – One of Brussels’ biggest trade deals looks uncertain E *

Air – Terror and Brexit weigh on European airlines’ profits FT *

Air – Terror Attacks Weigh on Europe’s Travel Companies WSJ *

Air – Shrinking Pool of Future Pilots Keeps Major Airlines on Edge B *


COMMODITIES



ENERGY & ENVIRONMENT

NatGas – Bulls Are Counting on This Heat Wave for a Price Rally B *

NatGas – Oil producers see future in gas BW *

NatGas – Reputation risks being sullied by methane emissions E *


HEALTH



ENDNOTE

Active separatist movements in Europe wiki *


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