Today’s Issue Cluster: Venezuela
Chips – Samsung business helping limit pain of smartphone swoon
Pipeline – Plan to bring Western gas to Balkans seen closer
NatGas – After half a decade apart, prices converge
Germany – Jan YTD: Oil’s fall pushes into deflation; -0.5% / FT / B *
Spain – Dec: Retail sales see largest rise in 11 years; +6.5% / B *
US – Dec: NAR pending home sales drop more than expected; -3.7% / R / B /
US – Week: Jobless Claims Plunge to 15-Year Low in Holiday Week; -43k to 265k / B / WSJ / R *
Currencies – Central Bankers Ramp Up Wars WSJ *
Currencies – Renminbi joins top five most-used currencies FT / WSJ *
Venezuela – Currency woes an increasing threat to US corporate profits R / B
Venezuela – In a bind as Maduro faces default dilemma FT * * *
Venezuela – Empty shelves and rhetoric E *
Venezuela – Oil price rout forces rethink of petro-diplomacy FT *
LatAm – South American nations struggle to find new economic model FT * *
Greece – Markets hammered as fears grow over new government FT / NYT *
Greece – New Leaders Act Swiftly to Reverse Austerity WSJ
Greece – Eurozone leaders reject debt relief demands FT / WSJ / FT *
Greece – Alarm bells ring over Syriza’s Russian links FT / WSJ
Greece – EU holds back on tougher Russia sanctions FT / AP
Fed – Flags Midyear Rate Hike—Or Later WSJ / NYT / FT / B / AP / R / B * * * *
Fed – Reality Show on Rates Doesn’t Convince WSJ *
Fed – A Midsummer Disinflation Nightmare? wsj * *
Fed – Wage rise puzzle tests Yellen FT / R / WSJ
Chips – China Looks to Prop Up Domestic Makers WSJ *
Chips – Investors Shouldn’t Cash in Just Yet WSJ *
Chips – Samsung business helping limit pain of smartphone swoon N / WSJ *
Mobiles – Samsung, Apple Back in Dead Heat WSJ *
Pipeline – Plan to bring Western gas to Balkans seen closer R *
Pipeline – Russia Presses Ahead With Plan for Gas Project to Turkey NYT / MT / WSJ *
Cocoa – Once Hot, Is Facing a Chill WSJ *
Cocoa – Chocolate trade seeks boost as prices fall FT * * *
NatGas – NY’s Missing Storm Buries Prices WSJ *
NatGas – After half a decade apart, prices converge R *
Another Plunging Economic Indicator: The Fed Yammering Index wsj *