Today’s Issue Cluster: Oil
CES – The Internet of Things Hits Homes
EU – UK hostility to migrants threatens London, says report
Pharma – Wave of medicines may not be so good for health budgets
Japan – Dec: Markit final manufacturing PMI shows sustained growth; 52.0 was 52.1 / R
China – Dec: Official Manufacturing PMI Falls; 50.1 from 50.3 / WSJ / R / B
Germany – Dec: Inflation Weakest Since 2009 Raises Pressure on ECB; 0.1% from 0.5% / WSJ / FT / B
US – Dec: ISM manufacturing slips to six-month low; 55.5 from 58.7 / R / WSJ / B / AP *
US – Dec: Markit factory activity slips to 11-month low; 53.9 from 54.8 / R *
US – Nov: Construction spending unexpectedly falls; -0.3% from +1.2% / R / AP *
Stocks – Buckle Up for a Wild Ride in 2015 WSJ *
Stocks – Will US Markets Maintain Lead Into 2015? WSJ / b * *
Greece – Germany believes euro zone could cope with exit R / FT / R / B / S *
Greece – Syriza’s Lead Narrows, Poll Shows WSJ
CES – The Internet of Things Hits Homes NYT
CES – The Race to Build Command Centers for Smart Homes WSJ
CES – Investor rush to artificial intelligence is real deal FT *
Ship – Problems stack up at US Pacific ports FT
Ship – Big vessels leave ports awash with problems FT *
Copper – Extends Slump on New Sign of China Economic Slowdown WSJ
Copper – Miners Still Wired for Growth WSJ
Copper – Red Kite Flies High in Market WSJ * *
Oil – Iran: Saudi Arabia Is Making A ‘Serious Mistake’ R *
Oil – Price Falls to More Than Five-Year Low WSJ / FT
Oil – Opec December Output Slips B
Oil – ‘Get Used to Cheap Crude’ WSJ / WSJ *
Oil – ‘Prices won’t be bouncing back any time soon’ fp *
Oil – Glut Seen Setting Sail as Contango Widens B *
Oil – Plunging Prices Test Texas’ Economic Boom WSJ *
Oil – Falling Prices Spells Boon for Most of Asia’s Economies FT * *
Oil – Energy Partnerships Lose Allure WSJ *
Oil – Workers to pay for near 50% price fall FT *
Oil – Price crash claims first US LNG project casualty R
Oil – US allows more exports of ultralight grade FT / R / B / IBD / r / FT
Oil – Mexico’s light crude, shunned for US shale, sails east R
EU – Cargo Ship With Suspected Illegal Migrants Moves to Italian Waters WSJ / WSJ *
EU – Tolerance strains surface in Germany’s migration hub FT / FT
EU – UK hostility to migrants threatens London, says report FT *
Pharma – Surge in approvals and a record year for M&A FT / R * * * * *
Pharma – Wave of medicines may not be so good for health budgets E *
Pharma – Canadian biotech companies aim to be eaten by bigger fish G&M
The (Very, Very Short) Christmas Music Cycle 538 *
