26 November 2014



Today’s Issue Cluster: Oil

Ukraine – Europe feels sting of sanctions
Ukraine – Western banks weather slump in Russian dealmaking
Cybersecurity – Regin world’s most advanced hacking spyware let loose


MAJOR DATA POINTS

US – Oct: New-Home Sales Rose; +0.7%, +1.8% yr / WSJ / R / B *

US – Oct: Core capital goods orders fall for second month; -1.3% from -1.3% / R / WSJ / B / AP *

US – Oct: Consumer Spending Up; +0.2% from flat / WSJ / B / R / AP *

US – Nov: UMich consumer sentiment revised down; 88.8 was 89.4 / R / B *

US – Week: Jobless Claims Increase to Almost Three-Month High; +21k to 313k / B / WSJ *


MARKETS

Stocks – The bull case for European equities FT *

Stocks – American bulls in charge FT * * *


ECONOMICS

US – Growth Keeps Looking Better WSJ / FT * *

US – Lower oil prices cut two ways FT *

US – Americans Borrowing More Briskly for Cars, Homes WSJ / AP *


POLITICS & FISCAL POLICY

Ukraine – After brushing aside sanctions and oil prices, ruble fall alarms FT * * *

Ukraine – Russia Braces for ‘Catastrophic’ Drop in Oil Prices B / B

Ukraine – Putin Ally Sees Further Ruble Weakening WSJ / R

Ukraine – Russia Shuns Dollar, Strengthens Ties with China WSJ *

Ukraine – Russian aggression revives sanctions support FT / R / FT

Ukraine – Russian economy: The end of the line E *

Ukraine – It is really that bad for Kiev E / E * * *

Ukraine – Europe feels sting of sanctions R *

Ukraine – German businesses suffer as sanctions bite FT / WSJ / S * * *

Ukraine – Who Won in Putin’s Feud With West? Organic Farms NYT

Ukraine – Western banks weather slump in Russian dealmaking R *


MONETARY POLICY



FINANCE

US – Banks Show Continued Strength FT *

US – Fed asks whether it is too close to banks FT / WSJ / FT / WSJ / NYT / B / WSJ *


REAL ESTATE

US – Foreclosure Backlog Slows Housing Recovery in Some States WSJ / wsj *

US – Rental Apartment Construction Is At a 27-Year High wsj * *

US – AIA billings index shows slower expansion cd *


SERVICES

Delivery – GoPro Developing Line of Consumer Drones WSJ /

Delivery – NTSB Drone Rules are Aircraft and Subject to FAA Rules WSJ

Delivery – FAA’s Planned Drone Rules Seen Precluding Use for Deliveries WSJ


MANUFACTURING



TECH

Cybersecurity – US agencies struggle vs. attacks AP

Cybersecurity – Regin world’s most advanced hacking spyware let loose FT / wsj / cnet *


TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

Oil – Opec Nearing Compromise on Supply Cuts WSJ / NYT / B / FT

Oil – Saudi Arabia signals no Opec output target change FT * *

Oil – Opec’s other problem: weak demand r * * *

Oil – Russia Won’t Cut Production to Support Prices WSJ

Oil – Opec facing a prolonged stretch of lower prices FT / R / WSJ / B / FT / B / WSJ * * *

Oil – Control of Syrian Fields Fuels War Between Kurds and IS WSJ *

Oil – Boom Returns to Gulf After Deepwater Horizon Disaster WSJ *

Oil – Osborne pressed to reform taxes or see UK decline FT * *

Oil – Crude slide sparks debt fears FT * *


LABOR & EDUCATION



HEALTH



ENDNOTE

The chances of survival of individual chess pieces quora *


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