5 May 2015



Today’s Issue Cluster: UK Politics & Policy

TPP – Extreme secrecy eroding support for trade pact
Iron – Urbanising India best bet for Chinese steel
Shale – US: Fracking Chemicals Detected in PA Drinking Water


MAJOR DATA POINTS

US – Mar: Trade Gap Widens on Surging Imports; -$51b from -$36b / WSJ / R / AP / B / FT

US – Apr: ISM services index rose; 57.8 from 56.5 / AP / B / WSJ

US – Apr: Markit services sector growth cools; 57.4 was 57.8 / R


MARKETS

Asia – Block trades find favour FT * * *

Asia – Block Trades Hit Records as Stocks Rally WSJ *

Asia – Tokyo has potential to retake centre stage FT *


ECONOMICS

UK – Sluggish economic growth not seen as a slowdown FT * *

UK – Post-election chaos threatens to expose economic weaknesses FT *

UK – Voters count cost of living standards pain R *

UK – Economy failing to innovate FT / FT *

UK – Farmers plough on in search of better productivity FT *

UK – London stocks await election fate at high valuations FT *

UK – Election jitters prompt exodus from Britain’s gilt market FT * *


POLITICS & FISCAL POLICY

UK – In for Some Postelection Instability WSJ

UK – Disgruntled Voters Rally to Small Parties WSJ * *

UK – SNP may decide who governs FT * *

UK – Populus says SNP will be main general election beneficiary FT *

UK – Exit will hurt UK more than EU, says study FT *


MONETARY POLICY

BOE – Hints at rate rise sooner than market expects FT


FINANCE



REAL ESTATE

UK – Housebuilders warn against politicians’ ‘unachievable’ targets FT

UK – Fears build over move to extend Right to Buy FT * * *


LABOR & EDUCATION

UK – Immigration to Britain r *


SERVICES

Telecoms – Charter Interest in Friendly Deal With TWC WSJ / WSJ

Telecoms – Charter in a stronger position than a year ago / b *

Telecoms – Bright House Emerges as a Player in the New Cable Drama WSJ

Telecoms – Comcast’s Broad Appeal for Investors WSJ / FT / NYT / q * *

Telecoms – Comcast’s next act FT / WSJ / WSJ * * *


MANUFACTURING



TECH



TRADE & TRANSPORTATION

TPP – Extreme secrecy eroding support for trade pact Pol / WSJ / FT / FT *

US/China – Disconnect on Trade Deals WSJ *


COMMODITIES

Iron – Rally starts to fade FT

Iron – Price War Has China’s Miners Reeling WSJ *

Iron – Record China futures hold global market hostage R *

Iron – Urbanising India best bet for Chinese steel R *


ENERGY & ENVIRONMENT

Shale – US: Einhorn targets US ‘frack addicts’ FT / WSJ / R / WSJ

Shale – US: ‘Boom Has Already Gone Bust – At Least for Now’ B *

Shale – US: ‘Half of fracking firms going bust this year’ / b *

Shale – US: Fracking Chemicals Detected in PA Drinking Water NYT

Shale – US: How Much Oil and Gas Comes From Fracking? wsj *

Shale – China: Beijing plans curbs on subsidies FT / X


HEALTH



ENDNOTE

Active separatist movements in Europe Wiki / motw *


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