28 April 2015



Today’s Issue Cluster: China

Truck – Drivers at biggest US port complex strike over wages
NatGas – ‘US to launch export blitz, eyes global energy dominance’
H5N2 – New cases probable in Iowa, millions of birds affected


MAJOR DATA POINTS

UK – Q1: Economy Slows Ahead of Election; +0.3% from +0.6% / WSJ / FT / AP *

US – Feb: Case-Shiller Home Price Index Climbs Modestly; +4.2% from +4.4% / WSJ / R / cr *

US – Apr: ConfBd consumer confidence slides; 95.2 from 101.4 / AP / B / R


MARKETS

China – Debt Builds in Stock Rally WSJ *

China – ‘Foreign investors start to fear stock market bubble’ CD

China – Dumps Treasurys to fight capital flight N *


ECONOMICS

China – Just Learning the True Cost of Debt B

China – True Growth Is a Mystery WSJ *


POLITICS & FISCAL POLICY

China – Set to Launch Investment Deal in Pakistan WSJ / FT *

China – Central Asian nations warming to Beijing N *


MONETARY POLICY

PBOC – Readies Fresh Easing to Tackle Specter of Debt WSJ / FT / B / WSJ

PBOC – China may join the unconventional monetary club ft / WSJ *


FINANCE

China – Banks balk at local debt-swap plan FT *


REAL ESTATE

China – Major Developer Says It Can’t Pay Dollar Debts B / NYT

China – Takes Failure in Small Doses WSJ *

China – Expanding Philippine developers employ different game plans N *

China – First tier city house prices return to growth in March / b *


LABOR & EDUCATION

China – Economy Puts New Pressure on Its Lopsided Job Market NYT *


SERVICES



MANUFACTURING



TECH

Apple – iPhone boom as China switches on FT / WSJ / NYT / R * * * * *

Apple – Runs Up Against Its Own Success WSJ *

Apple – Premium power / r *


TRADE & TRANSPORTATION

Truck – Drivers at biggest US port complex strike over wages AP

Truck – ATA Index increased in March / cr *


COMMODITIES



ENERGY & ENVIRONMENT

NatGas – Diplomatic Thaw Piques Interest in Iran WSJ

NatGas – Brussels treads a fine line with Gazprom FT

NatGas – ‘US to launch export blitz, eyes global energy dominance’ DT * * *


HEALTH

H5N2 – New cases probable in Iowa, millions of birds affected R / AP

H5N2 – An explanation of wild birds’ role in outbreak AP

H5N2 – Increased human protections offered as outbreak spreads R

H5N2 – Escalating Outbreak Takes Toll on US Poultry Farms WSJ / AP *

Antibiotics – Tyson Joins the Flock WSJ / NYT *


ENDNOTE

The Guardian as contrarian indicator ft *


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