28 March 2014



Today’s Issue Cluster: Coal

EU – Investors are pouring into the commercial market faster than tenants
Robots – After slow beginnings, a big push now seems imminent
Ebola – Deadly virus spreads from rural Guinea to capital


DATA POINTS

Japan – Feb: Inflation Unchanged Before Sales-Tax Increase; 1.3% / B / R / K

Japan – Feb: Jobless rate improves; 3.6% from 3.7% / K / R

Thailand – 2014: Cuts Forecast; +2.6% was +4.0% / WSJ

EZ – Mar: Economic Confidence Rises to Highest Level Since 2011; 102.4 from 101.2 / B / R *

UK – Q4: Posts big current account deficit as % of GDP; -5.6% from -5.4% / R *

Spain – Mar: Consumer prices fall deepens fears of deflation; -0.2% / FT / WSJ / R *

US – Feb: Consumers step up spending; +0.3% from +0.2% / R / WSJ / AP / B / cr *

US – Mar: UMich consumer sentiment falls; 80.0 from 81.6 / R / B / cr *


MARKETS

EU – Periphery gains in high-yield rush FT *

EU – Periphery problem loans still rising q *


ECONOMICS

World – PMI heat chart b *


POLITICS & FISCAL POLICY

Ukraine – German business concerns grow over Russia ties FT / B

Ukraine – As Kiev looks West, Putin turns east to build Eurasian dream R *

Ukraine – Old constraints spike Kremlin’s firepower FT / WSJ *

Ukraine – ‘Bank flowchart + geopolitics = acid trip’ ft *


MONETARY POLICY

World – Higher inflation may be needed to leave extra-low interest rates behind E * *


FINANCE

US – Fed feels backlash over stress tests FT / WSJ / E *

EU – Banks are braced for stress tests FT *

EU – German Financial Watchdog Bites Back WSJ *


REAL ESTATE

EU – Investors are pouring into the commercial market faster than tenants E *


SERVICES

Media – Amazon Plans Free Streaming Service WSJ

Media – Tweets About Music to Get a Billboard Chart NYT

Media – Music revenues decline as digital fail to grow fast enough FT / WSJ / NYT *

Media – The times they are a-changin’ for the music business e *


MANUFACTURING

Robots – After slow beginnings, a big push now seems imminent E / E / * * *


TECH

Microsoft – Unveils Office Software for iPad WSJ / FT / NYT / R / B *


TRADE & TRANSPORTATION

EU/US – Brussels Tries to Assuage Fears Over Trade Deal NYT


COMMODITIES

Crops – New Mexico Is Reaping a Bounty in Pecans as Other States Struggle NYT

Gold – Broader Fears Fade Tarnishes Metal WSJ *


ENERGY & ENVIRONMENT

Coal – Japan’s Answer to Fukushima WSJ *

Coal – ‘Asia utilities in dicey bet on Indonesia’ r *

Coal – China Outsourcing Smog to West Region Stirs Protest B / CD / q / CD * * * * * * * *

Coal – Seam gas critical for Australia’s manufacturing future, says Boral boss SMH

Coal – ‘Makes a Comeback In Europe’ BW *

Coal – To the Rescue This Winter, but Maybe Not the Next One NYT

Coal – The Plant an Illinois Town Couldn’t Give Away B *

Coal – Its Future in the US: Exports WSJ *


LABOR & EDUCATION

Japan – ‘Holding back half the nation’ E * *


HEALTH

Ebola – Deadly virus spreads from rural Guinea to capital R / FT *

H5N8 – SK culls over 6% of poultry to curb bird flu R

H7N9 – Detected in South China poultry farm X


ENDNOTES

The Most Popular Sweet 16 Team In Every State bi *


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