Today’s Issue Cluster: EU Economy
Currencies – Rouble leads emerging-market currency rout
Air – Wanted: Pilots to Fly Looming $5.6t Jet-Order Surge
El Nino – Likely to hit coffee, chocolate and sugar
UK – Q2: Economy grows; +0.7% from +0.4% / AP / AFP / R / B *
US – Jul: ConfBd consumer confidence drops by most since 2011; 90.9 from 99.8 / R / AP / B / WSJ
US – May: Case-Shiller home price growth stalls; +4.9% / R *
Currencies – Rouble leads emerging-market currency rout FT / AFP *
Currencies – Commodities slump testing resource-driven economies WSJ *
Currencies – Plenty of good reasons to think weak Aussie dollar here to stay FT *
Currencies – EM Asian currencies flag rising stress FT *
Currencies – Malaysia lets ringgit fall below 1998-2005 peg R *
Currencies – Yuan Pushes Deeper Into Global Financial System WSJ
EU – 2015 GDP forecasts for France, Italy & Spain revised up / b *
Germany – The Graying of Small Business Managers WSJ *
Spain – GDP per capita is set to overtake that of Italy ft * *
Portugal – On Road to Recovery Post-Bailout, But Scars Remain WSJ *
Greece – Tsipras pressured by covert drachma plan R / FT / B / NYT / NYT / K
Greece – Fear of the Unknown Binds a Deal With Few Believers WSJ *
Greece – More than one way to skin the loan FT *
Greece – Tide Turns for Shipping Industry WSJ * *
EU – France’s Hollande Proposes Creation of Euro-Zone Government B
EU – Italy’s Padoan calls for ‘political union’ to save euro FT
Puerto Rico – Bondholders present rival recovery plan FT *
ECB – IMF urges bank to use firepower aggressively FT
Fed/BOE – Take pole positions in rate race FT * *
Fed/BOE – Hint at rate rises in spite of unclear figures FT * *
Fed – Economic Forecasts Released Early WSJ / NYT / FT / R / B / ft *
Fed – Strengthening economy bolsters case for rate rise FT / WSJ
Fed – Closer to Hitting Its Inflation Target B *
Italy – Legal reforms may chip away at non-performing loans E *
Germany – Crowdfunders fear new risk rules FT *
EU – QE feeding house price bubble, says study FT
EU – A Monetary Culprit for Europe’s Unemployment? WSJ *
EU – ‘Large increases in minimum wage could have severe effects’ E *
Germany – Rising Costs Strike at Competitiveness WSJ / WSJ *
Germany – Incomes Leaving Rest of Eurozone Behind wsj * *
Media – News business has the wind in its sails FT
Media – The future of news: Stop the presses! FT * * * * *
PCs – Microsoft Changes Its Script With Free Windows 10 WSJ *
PCs – Market Drop Is Picking Up Pace / statista *
Air – Pilot Shortage Halves Republic Airways Stock WSJ / B
Air – Wanted: Pilots to Fly Looming $5.6t Jet-Order Surge B
El Nino – Likely to hit coffee, chocolate and sugar AP *
El Nino – Asia grappling with a bigger, badder cycle N *
UK Projected to Become The Largest Country In Europe dv *
