27 January 2014



Today’s Issue Cluster: EU



DATA POINTS

Germany – Jan: Ifo Business Confidence Rises as Growth Pickup Seen; 110.6 from 109.5 / AP / WSJ / B / FT / q *

Japan – Dec: Trade Deficit Doubles; -¥1.302t from ¥645.7b / WSJ / R / B / K

US – Dec: Sales of New Homes Fell More Than Forecast; -7% / AP / R / B / b * * *


MARKETS

EMs – Markets Tumble as Fear Spreads WSJ / FT / R *

EMs – Crises Squeeze Two Latin Leaders WSJ *

EMs – Turkey Stems Emerging-Markets Slide WSJ / bi *

EMs – Similarities with 1997 crash only go so far FT * *

EU – Proposals to overhaul sovereign debt raising fears FT / bi * *


ECONOMICS

EU – France: Economic Activity Contracts for Third Straight Month WSJ

EU – France: Hollande tackles ticking ‘baguette bomb’ FT *

EU – France: Hollande under pressure to deliver after policy ‘U-turn’ FT *

EU – Germany: Snubs Export Critics as Surplus Outstrips That of China B

EU – Forecasts of GDP growth in Europe to 2015 / AFP *

EU – GDP per inhabitant of subdivisions relative to the average / motw *

EU – From order to chaos, to… something in between / r *


MONETARY POLICY

ECB – Poised for battle to ward off deflation FT / WSJ / B / FT *


POLITICS & FISCAL POLICY

EU – Germany: Young Buoy Anti-Euro Alternative WSJ *

EU – UK: Businesses blast 50p tax plans by Labour FT / FT


FINANCE

EU – Bank deleveraging slows as eurozone recovers FT *

EU – Spain: Investors warm to banks FT


REAL ESTATE

EU – UK: Recovery likely to widen wealth gap between London and regions FT *

EU – UK: Home buyers left behind in two-speed housing market FT *

EU – UK: Prices in London decoupling from income levels: Fitch q *

EU – UK: Housebuilders struggle to raise output FT

EU – UK: The explosion of London property prices / motw *

EU – UK: London Property-Market Growth Cools After 2013 Surge B


SERVICES

Online – Stores think local to grow global FT *


MANUFACTURING

Small Boats – Manufacturers ‘more confident than ever’ as sales recover G&M


TECH

Data Storage – Seagate, Western Digital Ready For ‘Hybrid’ Data IBD


TRADE & TRANSPORTATION

Rail – Crop and shale boom slows American lines FT

Rail – Accidents Surge as Oil Industry Takes the Train NYT *

Rail – US study renews focus on risks of shipping from Alberta oil sands CP


COMMODITIES

Steel – Imports Into US Surge WSJ *


ENERGY & ENVIRONMENT

Propane – Scarce in US As Cold Spell Lifts Demand, Prices WSJ / R / AP / B

NatGas – US Supplies Tighten WSJ / FT *

NatGas – BC’s multibillion-dollar path to an energy powerhouse G&M * *


LABOR & EDUCATION

EU – Italy: Euro Jobless Record Not Whole Story as Italians Give Up B

EU – Migration within the Union r *


HEALTH

Demog – UK: More than a quarter of young British adults live with parents FT *


ENDNOTES

Famous movie quotes as charts fd * *


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