27 May 2014



Today’s Issue Cluster: EU Politics & Economics



MAJOR DATA POINTS

US – Apr: Durable goods orders rise on defense, but business spending plans weak; +0.6% from +3.8% / R / WSJ / AP / B / r *

US – Mar: Case-Shiller Home Prices Rise at Slower Pace; +12.4% yr from +12.9% yr / B / AP / r *

US – May: ConfBd Consumer Confidence Index Increased; 83.0 from 81.7 / B / AP / R / r *


MARKETS

Bonds – Market Flips the Script on Risk and Reward WSJ *

Bonds – Central bank trickery sets stocks and bonds at odds FT *


ECONOMICS

Ukraine – EU weighs Russia sanctions from caviar to oil and gas R / WSJ

Ukraine – Diamond Hub Braces for Potential Fallout WSJ *

Ukraine – Russian business community hits out at sanctions FT / NYT / R

Ukraine – Poroshenko Wins Landslide WSJ / NYT / B / R *

Ukraine – Russia, Kiev Take Tentative Step Toward Gas-Price Deal WSJ / AP


POLITICS & FISCAL POLICY

EU – Anti-EU Parties Post Strong Gains WSJ / FT / B / NYT * *

EU – Eurosceptic MEP weight over the last 30 years / b *

EU – Pew Survey Shows Public Support Rebounding WSJ / NYT *

EU – Survey shows gloomy mood of voters FT *

EU – Parliament’s turnout problem ft / S / * * *

EU – Parliament Elected, yet strangely unaccountable E / S * *

EU – Nationalist parties share little common ground e / NYT / NYT *

EU – Le Pen sets sights on Elysée Palace FT / WSJ / FT / WSJ *

EU – Ukip ‘People’s Army’ takes up arms to fight main parties’ big guns FT *

EU – Eurosceptics may be hugely underestimating value membership E *

EU – Evolution of select Euro-Area 2015 GDP forecasts b *

EU – Charting Europe’s Japanification ft * * * * *

EU – UK wealth gap is unchanged, says report FT / FT * * *

EU – Finland and Netherlands display problems at core of eurozone FT *

EU – Piketty findings undercut by errors FT / FT / ft / ft / B / nyt / nyt * *


MONETARY POLICY

ECB – Draghi warns of threat to eurozone recovery FT / WSJ / AP / NYT / B

ECB – Yellen’s low rates gift is Draghi’s burden FT

ECB – ‘Unlikely to fire the big bazooka’ FT / B *

ECB – Plans Negative Rate on Bank Deposits S / B / WSJ

ECB – ‘Having promised action, the central bank will have to deliver it in June’ E *


FINANCE

Islamic Finance – Fast-growing industry has fierce competition FT / FT * * *


REAL ESTATE



SERVICES



MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

Carbon – EPA Set to Unveil Climate Proposal WSJ / NYT / Hill / R *

Carbon – Four in 10 European carmakers set to miss emissions target FT

Carbon – The ‘black hole’ of Chinese trading FT *


LABOR & EDUCATION

HigherEd – For-Profit Colleges Face Test From State, Federal Officials WSJ *


HEALTH

Pharma – Pfizer admits defeat in AstraZeneca pursuit FT / WSJ / R / B * *

Pharma – ‘How Pfizer snatched defeat from victory’ FT / R / FT *

Pharma – A bitter pill as China crackdowns squeeze margins R *

Pharma – US health insurers say Gilead hepatitis C drug too costly R *


ENDNOTE

The most lethal actors of all time wapo *


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