5 February 2015



Today’s Issue Cluster: Asian Aviation

Currencies – Pegger thy neighbour
Russia – USSR Alive to Bond Traders for Wrong Reasons
Metals – Iron: Record low ore price forecast looks optimistic


MAJOR DATA POINTS

US – Dec: Trade deficit largest since 2012; -$47b from -$40b / R / WSJ *

US – Q4: Productivity Falls in Last Months of 2014; -1.8% from +3.7% / WSJ / R *

US – Week: Jobless claims rise less than expected; +11k to 278k / R / WSJ / cr *


MARKETS

Currencies – Strong dollar revives old currency angst FT * *

Currencies – Gold, Dollar Buck Trend to Shine Together WSJ * *

Currencies – Pegger thy neighbour e *


ECONOMICS

World – Debt mountains spark fears of another crisis FT * *

World – Why Cheaper Oil Doesn’t Always Lead to Economic Growth WSJ *


POLITICS & FISCAL POLICY

Russia – Foreign exodus gathers pace FT / bi *

Russia – Creeping awareness that economic crisis will last AP

Russia – USSR Alive to Bond Traders for Wrong Reasons B *

Russia – CDS, bond yield premiums higher than Pakistan R *


MONETARY POLICY



FINANCE

World – Big banks eye peer-to-peer lending push FT * *

World – Mobile phones revolutionise access FT * *

World – Big data homes in on insurance FT

World – Banking on big data FT

World – Botín charts Santander’s digital course FT / FT *

World – Vision for bitcoin is beginning to fade FT *


REAL ESTATE



SERVICES



MANUFACTURING



TECH

Net Neutrality – FCC plan upsets providers FT / WSJ / NYT / B / IBD / WSJ * * *


TRADE & TRANSPORTATION

Air – TransAsia: Two Plane Crashes in Seven Months WSJ / WSJ * *

Air – Crowded skies shake up Asia’s industry N *

Air – Chinese and Indian carriers are soaring on investor love N*

Air – Budget players rewriting the rules n *

Air – Spring Air’s surge lures investors R *

Air – Asian Aviation Sector to Benefit From Fuel-Price Plunge WSJ / FT *

Air – Qatar Airways has acquired 10% of IAG FT / WSJ / R / B *


COMMODITIES

Metals – Aluminum: China supply could limit gains FT / r *

Metals – Copper: Bearish bets begin to fade FT

Metals – Iron: Keeps Heading Down WSJ *

Metals – Iron: China’s Steel Demand Falls WSJ

Metals – Iron: Record low ore price forecast looks optimistic r *


ENERGY & ENVIRONMENT



LABOR & EDUCATION

World – Unemployment rate by country / motw *


HEALTH



ENDNOTE

Air Force Roundels of the World reddit *


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