31 July 2015



Today’s Issue Cluster: US Economy

EU – ‘Testing the Limits: How Many Refugees Can Germany Handle?’
Counterfeits – Battle seems to be getting tougher
Planes – Bombardier: Delays business jet


MAJOR DATA POINTS

Japan – Jun: Consumer Prices Rise Fractionally B / b *

EZ – Jul: Inflation Holds as Core Rate Picks Up; +0.2% / B *

Canada – May: Economy shrinks for fifth straight month; -0.2% from -0.1% / CBC / CP / FP / R *

US – Q2: Labor Costs Rise at Slowest Pace in Three Decades; +0.2% from +0.7% / WSJ / R / AP / FT *

US – Jul: UMich consumer sentiment slips; 93.1 from 96.1 / R *


MARKETS

China – Bets Rise That Yuan Will Fall WSJ *

China – Escape from dollar zone requires opening markets FT / FT / FT / FT / FT / FT / FT / FT *


ECONOMICS

US – Economy Picks Up, but Stays In Its Rut WSJ / FT / NYT / B * *

US – The Worst Expansion Since WWII Was Even Weaker wsj * *

US – ‘Economy’s Top Speed Has Probably Been Overestimated for Years’ B *

US – Piecing Together the GDP Puzzle WSJ *

US – State Coincident Indexes increase in 40 states cr *

US – Cheap Oil Is Fueling a Surge In New Factories B * *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE



REAL ESTATE



LABOR & EDUCATION

EU – Migrant Crisis Continues at UK-France Border WSJ / FT

EU – ‘Testing the Limits: How Many Refugees Can Germany Handle?’ S * *

EU – Hungary erects border fence to plug migrant flow FT *


SERVICES

Counterfeits – Battle seems to be getting tougher E *

Counterfeits – US seizures / r *


MANUFACTURING

Planes – 747: Boeing to Again Reduce Output WSJ / R

Planes – 787: New Boeing CEO eyes jet production challenge FT * *

Planes – Bombardier: Delays business jet R / G&M / CP

Planes – Gulfstream: Finds its flight path with spacious business jets FT * * *


TECH

EU – Concerns grow over digital rules targeting US companies FT

China – Pushes to Rewrite Rules of Global Internet WSJ

China – Wants Silicon Valleys Everywhere BW *


TRADE & TRANSPORTATION



COMMODITIES

Palm Oil – Migrant Workers Tell of Abuses on Malaysian Plantations WSJ *

Palm Oil – Firms are trying to go green E *


ENERGY & ENVIRONMENT

Shale – Bakken Driller’s Reset Points to More Pressure on Oil WSJ *

Shale – ‘US Winning Oil War Against Saudi Arabia’ forbes * *

Shale – ND oil well completions slow sharply R *

Shale – ‘Fracking Jobs Encouraged American Teens to Become High School Dropouts’ B *

Shale – ‘Wall Street growing impatient’ b *

Shale – Fracking and construction boom create huge demand for sand G&M


HEALTH



ENDNOTE

Liege 2020: Tokyo Olympics emblem said to look similar to Belgian theater logo JT *


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