27 June 2016



Today’s Issue Cluster: Robots



MAJOR DATA POINTS



MARKETS

Yuan – Falls to Weakest Point Against Dollar Since 2010 WSJ

Yuan – Brexit Upends China’s Plans for Turmoil-Free Summer WSJ *

Yuan – Shudders Despite Beijing’s Campaign to Steady the Currency WSJ *

Yuan – PBOC Discusses Opening Offshore Market to Onshore Banks B *


ECONOMICS

Brexit – Trade and Tourism Suffer Most in These Six EU Nations B *

Brexit – US Economy Looks Likely to Weather Storm WSJ *

Brexit – Bad news for carriers FT / WSJ *


POLITICS & FISCAL POLICY

Brexit – Give UK Leaders Time to Rethink Vote, Merkel Aide Says B / FT / WSJ / B

Brexit – UK ‘may never’ trigger EU divorce: diplomats AFP

Brexit – Can vote be stopped? Anything is possible ft

Brexit – The Latest Catch-All Excuse for Everyday Problems WSJ

Brexit – Full results / G *

Brexit – Italeave? Vote fires up EU’s ‘Outers’ / R / B *

Spain – Rajoy confounds expectations to emerge winner FT / WSJ * *


MONETARY POLICY



FINANCE

Brexit – Banks prepare for another day of currency mayhem FT *

Brexit – Banks begin moving some operations out of Britain FT *


REAL ESTATE

Brexit – Expected to end UK house price boom B *


LABOR & EDUCATION

Robots – Industrial sales hit record FT

Robots – Chinese scouting Europe for acquisitions R

Robots – ‘Radical inshoring’ companies are taking back manufacturing FT

Robots – On Track to Bump Humans From Call-Center Jobs WSJ *

Robots – Will smarter machines cause mass unemployment? E * *


SERVICES

Restaurants – Dining Out Falls Victim to Economy WSJ *

Restaurants – 2016 Olympics may mean tug of war for sales B *


MANUFACTURING

Brexit – Vote Rattles Japanese Auto Makers WSJ / FT *


TECH



TRADE & TRANSPORTATION

UK/EU – ‘Brexit Will Raise Trade Barriers’ WSJ *

TTIP – Brexit a final nail in the coffin for stalled trade deal R

TPP – Trade Pacts Face Another Hurdle With Brexit WSJ *

Nafta – Glory days may be over E *


COMMODITIES



ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

Meanwhile, in a parallel universe… ft *


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