27 April 2016



Today’s Issue Cluster: Mobiles

EU – GDP Report Earlier, and Possibly Less Accurate
EU – UK: Housebuilding offers sole bright spot for construction sector
EU – The Trucker’s Nightmare That Could Flatten Economy


MAJOR DATA POINTS

US – Mar: Pending home sales up; +1.4%, +1.4% yr / MW


MARKETS

EU – ECB helps spur eurobond market dream FT *


ECONOMICS

EU – GDP Report Earlier, and Possibly Less Accurate B *


POLITICS & FISCAL POLICY

EU – Refugee crisis defused for now b *

EU – Greece: The mother of all crises has been gathering steam again FT / WSJ

EU – Spain: Returning to the polls FT / WSJ / B *

EU – Spain: Podemos Could Be No. 2 B *


MONETARY POLICY

ECB – Leaves Door Open for Further Rate Cuts WSJ / FT / NYT / R / B *

ECB – Draghi Can Argue Glass Is Half Full B * *

ECB – Latest spectrometer; Weidmann and Praet have moved / b *


FINANCE

EU – Spain: Negative Rates Put Squeeze on Banks WSJ *

EU – UK: Banks’ recovery from crisis lags behind European peers FT *

Swiss – Private banks target overseas growth as uniqueness vanishes FT *


REAL ESTATE

EU – UK: Housebuilding offers sole bright spot for construction sector FT *

EU – UK: Greenbelt housing plans fail to lower demand FT *

EU – UK: Top London homes being sold at a discount FT *

EU – UK: London Skyscraper Rents Soar Amid Surging Demand B *


LABOR & EDUCATION

EU – Germany: Joblessness Poised for a Bump as Refugees Search for Work B * *


SERVICES



MANUFACTURING



TECH

Mobiles – Apple suffers first revenue decline in 13 years FT / WSJ / R / B / NYT * * *

Mobiles – Apple Results Show How Far iPhone Sales Have Fallen B *

Mobiles – Apple’s Watch Outpaced the iPhone in First Year WSJ *

Mobiles – Samsung Makes Aggressive Play for EMs WSJ *

Mobiles – Phone-backed bonds set for US debut FT *


TRADE & TRANSPORTATION

EU – US on TTIP: ‘Our Administration Wants a Deal This Year’ S / WSJ / FT

EU – The Trucker’s Nightmare That Could Flatten Economy B *


COMMODITIES



ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Rural-urban happiness divide in the EU q *


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