26 September 2014



Today’s Issue Cluster: European Labor

ECB – Draghi’s Trillion-Euro Pump Finds Blockage
UK – London Home Prices Post First Fall Since 2012 on Demand Drop
Ecigs – Trend for trying may be leveling off


MAJOR DATA POINTS

Japan – Aug: Inflation slips to 10-month low; 1.1% from 1.3% / WSJ / FT / B *

Germany – Oct: Conflicts weighing on consumer confidence; 8.3 from 8.6 / AP *

US – Q2: Revised Up; +4.6% was +4.2% / WSJ / B / FT / AP / R * *

US – Sep: UMich Consumer Sentiment at 14-Month High; 84.6 from 82.5 / R / B *


MARKETS



ECONOMICS



POLITICS & FISCAL POLICY

EU – ECB thinks Germany needs to start spending more wapo *


MONETARY POLICY

ECB – To keep loose policy ‘for long time’: Draghi R / FT *

ECB – Euro weakness strengthens hand of policy makers FT *

ECB – Draghi’s Trillion-Euro Pump Finds Blockage B

ECB – Private Sector Lending Lags / r *

ECB – ‘Draghi gap’ widening to €1.1t / b *


FINANCE



REAL ESTATE

UK – London Home Prices Post First Fall Since 2012 on Demand Drop B

UK – House prices jump 11.7% in year to July FT *

UK – Home Value Rally Seen Stalling by Property Brokers B *

UK – Tokyo on Thames ft * *

UK – ‘London real estate prices remain deeply silly’ q * *


SERVICES

Ecigs – France to restrict use FT / WSJ / NYT / R

Ecigs – Trend for trying may be leveling off AP


MANUFACTURING



TECH

Mobiles – Apple Pulls iOS Software Update WSJ / FT *

Mobiles – Apple Rebuts Complaints of Bending iPhones WSJ / FT

Mobiles – iPhone sales / r *

Mobiles – Apple share price performance after new product unveilings r *

Mobiles – Samsung looks to steal China march on Apple FT

Mobiles – BlackBerry launches square phone in push for business users FT / WSJ / NYT / G&M *

Mobiles – BlackBerry reviews weak WSJ / FT

Mobiles – Most people aren’t downloading apps anymore q * *

Mobiles – Microsoft and Intel need China’s help N *


TRADE & TRANSPORTATION



COMMODITIES

Crops – Commodity Outliers Attract Investors WSJ * *

Crops – Global grain supplies are soaring FT * * * *


ENERGY & ENVIRONMENT



LABOR & EDUCATION

EU – Alliance pushes to create jobs for young FT * *

EU – Working pensioners offer Germany a boost FT * *

EU – IMF backs Renzi reforms of Italy’s labour market FT * *

EU – Falling Wages Hit Youth Hardest B *

EU – Job Protections for Old Are Barriers for Young WSJ *

EU – Unemployment rate among adults and young people afp / ft *

EU – Unemployment By Region / t *

EU – Minimum Wage Disparity / statista *

EU – Germany: “Wage gap” B / AFP *

EU – France: New economy minister sparks storm over ’35-hour’ law AFP

EU – UK: Much of employment growth has been low skill, depressing overall wage growth / dt *

EU – Spain: The labour market is recovering at last E *

EU – Greece: Older Men May Never Work Again WSJ

EU – Influx pushes net migration to highest level since 2011 FT * * *

EU – ‘Illegal migration is causing strains across the continent’ E *

EU – Routes to a better life r *

EU – ‘Shameful Immigration Policy’ S *

EU – Germany: The new land of opportunity for immigrants wapo / B *


HEALTH



ENDNOTE

Colors of passports around the world reddit *


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