28 December 2015



Today’s Issue Cluster: Metals

Canada – Gloom Deepens as GDP Unexpectedly Stalls
Retail – Stores Get Late Shopping Surge, Lifting Holiday Sales
Alt – Wind: Germany Pays to Halt Danish Power to Protect Own Output


MAJOR DATA POINTS

Japan – Nov: Factory output worse than expected; -1.0% not -0.6% / R / B / AFP

China – Nov: Industrial profits fall for sixth month; -1.4% / R

Vietnam – 2015: Economy grows at highest rate in five years; +6.68% / AFP


MARKETS



ECONOMICS

Canada – Gloom Deepens as GDP Unexpectedly Stalls B *

Canada – Economy may be more feeble than it looks G&M *

Australia – Downgrades economic forecasts FT *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE



REAL ESTATE

Canada – House prices ratchet higher but Montreal steady CBC *

Canada – Liberals move to cool hot housing markets G&M * *


LABOR & EDUCATION



SERVICES

Retail – Stores Get Late Shopping Surge, Lifting Holiday Sales B

Retail – Stores at risk of missing modest holiday sales goals R

Retail – Malls Reel as Web Roars WSJ

Retail – Generation Y is main force in China’s online shopping CD *

Retail – China Market Saturation / bm *


MANUFACTURING



TECH

Streaming – Why YouTube Is Twice as Valuable as Netflix Bn *

Streaming – Cable Bills Are Rising Again B *

Streaming – For Pandora, Ruling on Royalty Rates Is Crucial NYT


TRADE & TRANSPORTATION



COMMODITIES

Metals – Hedge Fund Says China to Bring More Pain B / AFP * *

Molybdenum – This Year’s Worst Commodity B * *

Lithium – Tesla in stand-off over supply FT

Gold – China Central Bank Expands Reserves WSJ *

Aluminum – Rises as Chinese Producers Vow to Cut Production WSJ

Iron – China’s steel industry has own take on supply and demand ft *

Iron – Miners Shoveling Furiously Prop Up Aussie GDP B *

Iron – Industry eyes India lifeline FT * *

Gold – Won’t Take Gold in Metals Race WSJ *


ENERGY & ENVIRONMENT

Alt – Wind: Germany Pays to Halt Danish Power to Protect Own Output B *

Alt – Wind: ‘Largest US source of new electricity in 2014’ / awea *


HEALTH

Pharma – Generics revive Philippines industry FT *

Pharma – Employers Battle Drug Costs WSJ * *


ENDNOTE

US States’ accuracy over 100 years of elections dr *


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