Today’s Issue Cluster: Monetary Policy
LatAm – Petrobras fall from grace roils wider debt markets
Brazil – Petrobras scandal threatens to tear apart ruling coalition
Ship – Ports Gridlock Reshapes the Supply Chain
Germany – Jan: Factory orders down more than expected; -3.9% from +4.4% / AP / R *
US – Jan: Factory orders fall for sixth straight month; -0.2% from -3.5% / R
US – Week: Jobless Claims Rise to Highest Level Since May; +7k to 320k / WSJ / R / B *
LatAm – Petrobras fall from grace roils wider debt markets FT * *
Brazil – Struggles Hammer the Real WSJ * *
Brazil – The crash of a titan E * *
Brazil – Waxing and waning e * * * *
Brazil – Drought-Stricken São Paulo Battles Dengue Fever Outbreak WSJ
Brazil – Large Divergence Forming in Brics Forecasts / b *
Brazil – Petrobras scandal threatens to tear apart ruling coalition AFP / WSJ
Brazil – Downgrade of Oil Giant Stirs Wider Concern WSJ *
Brazil – As Brasilia Tightens Belt, Other Woes Follow WSJ
BCB – Brazil raises rates to six-year high FT / WSJ / B
RBI – India makes second rate cut FT / WSJ / WSJ
PBOC – China Cuts Interest Rates on Special Lending Tools WSJ
Asia – Low growth, disinflation create climate for easing / b *
RBA – Australia Holds Rates WSJ / FT / AFP / r * *
World – Since year-start, 17 central banks have cut rates / b *
World – Negative Interest Rates Yield Positive Results—So Far WSJ *
EU – Negative Rates Test Technology at European Banks WSJ / FT *
ECB – Bond-buying to start on Monday FT / WSJ / NYT / B / AP / R *
ECB – Prepares to give details of QE scheme FT / FT * *
ECB – European Stimulus Sparks Bond Blitz WSJ *
BOE – Keeps rates on hold, six years after crisis cut R *
BOE – Embroiled in money-market fraud probe FT
BOC – Chance of another Canada rate cut slim G&M
Fed – Washington Strips New York Region’s Power WSJ * *
Fed – Beige Book: Hiring and Consumer Spending Look Solid WSJ / AP
Fed – Yellen Urged ‘Bold Action’ in 2009 WSJ / FT / NYT / R / AP / B / WSJ
Fed – Near majority backs June liftoff Yellen hasn’t yet endorsed R / WSJ / WSJ *
Fed – Inflation Undershoots 2% Target For 33rd Straight Month wsj *
Fed – Faces Foreign-Policy Dilemma on Rates WSJ *
Fed – Dudley, top economists urge later rate hike R / R *
Fed – Markets play chicken over rates FT / WSJ *
Fed – Stimulus ‘only now being fully felt’ FT *
Fed – S&P 500 Returns During QE Era / bp *
Net Neutrality – EU: Proposals open up ‘two-speed’ internet FT / WSJ
Net Neutrality – US: $850m spent on lobbying / wapo *
Ship – Ports Gridlock Reshapes the Supply Chain WSJ *
Ship – Panama Canal expects boost from US ports dispute FT
Ship – Egyptians race to expand Suez Canal AP
Oil – Exxon CEO says prices will stay low FT *
Oil – US running out of storage room; price collapse next? AP / B * *
Oil – US majors set to buy smaller players FT
Oil – Saudi Minister Denies Price War With US Shale WSJ
Oil – Companies Begin to Give Up on Yemen WSJ *
Insurance – Biggest Fear: A Health-Law Death Spiral WSJ *
Insurance – Hospitals optimistic they’ll dodge bullet R *
Which export makes each country the most money gp *