Today’s Issue Cluster: Brexit Fallout
Germany – May: Factory Orders Failed to Rise; flat from -1.9% / B
US – Jun: Trade Gap Widened 10.2%; exports -0.2%, imports +1.6% / WSJ / R
US – Jun: ISM Services Jumps; 56.5 from 52.9 / B
Pound – Sinks to new 31-year low WSJ *
EU – Companies a fading force in global business E *
EU – Greece’s depression is forcing dis-saving on an epic scale FT *
Brexit – May takes strong lead in race to be next UK PM FT / WSJ *
Brexit – Businesses prepare legal challenge FT
Brexit – Parties plunge into crises of leadership E / FT *
Brexit – Vote Rattles Companies Across Europe WSJ
Brexit – UK companies expected to cut dividends in wake of vote FT *
Brexit – Scotland wants to stay in the EU FT *
Brexit – Touches a nerve in France FT *
Brexit – Hollande’s approval rating lowest ever / TNS Sofres * *
Brexit – Will cause soul searching across the continent E *
Brexit – How vulnerable is the US to fallout? FT *
Brexit – What it means for Asian integration N *
BOE – Hints at Summer Rate Cut WSJ / FT / FT *
ECB – Equities aren’t cheering balance sheet record / t *
ECB – Under pressure as negative yields advance / b *
ECB – Quietly Tweaking QE B * *
UK – BOE tells banks to cut buffer to boost lending FT / WSJ / R *
EU – Brexit and the City: Europe plots a bank heist FT / NYT *
EU – Berlin bids to replace London as fintech capital FT *
EU – Brexit Puts Financial Clearing Work Up for Grabs B *
EU – Battle lines drawn over London’s role in euro clearing FT * *
EU – Bad Debt Piled in Italian Banks Looms as Next Crisis WSJ *
EU – Italy to defy Brussels and bail out troubled banks FT / FT *
UK – Aviva second property fund to halt redemptions FT / WSJ / FT * *
UK – Property funds better placed to weather storm than in 2007 FT * *
UK – London Office Landlords Look Oversold WSJ *
UK – Vote Casts Shadow Over Banks’ Construction Boom in London WSJ *
Ireland – Will Real-Estate Rush Fizzle? WSJ / WSJ / WSJ / WSJ
Spain – May Shatter British Dream of a Vacation Home B *
US – Brexit to take toll on FL vacation homes R *
EU – Germany Puts Migration-Related Costs at Over $86b WSJ
EU – Spain Runs Out of Workers With 5m Unemployed B *
EU – Population Shifts / Atlantic *
EU/Canada – Juncker to give way on trade plan FT / WSJ / FT *
Photos taken by locals and tourists in Paris motw *
