Today’s Issue Cluster: US Labor
Ukraine – Even With Sanctions, US Sales to Russia Hit New High
Power – Hackers Find Open Back Door to Power Grid With Renewables
Metals – Fraud worries a lead weight on imports in China
Germany – May: Industrial Output Falls in Sign of Slower Growth; -1.8% from -0.3% / B / AP *
Germany – May: Manufacturing Orders Drop More Than Expected; -1.7% from +3.4% / WSJ / B *
EMs – Why the ‘convergence’ story is losing steam ft * * * * * *
EMs – Nigeria, Malaysia top survey of 20 emerging economies N *
France – Puts Euro Zone Recovery at Risk, Economists Warn FT
France – Businesses Losing Confidence in Hollande WSJ / B
France – Hits out at dollar dominance in international transactions FT / B
Ukraine – Pro-Russian separatists flee Slavyansk FT / WSJ / WSJ *
Ukraine – Merkel’s harder stance on Russia fuels anxiety for companies FT *
Ukraine – Even With Sanctions, US Sales to Russia Hit New High wsj * *
ECB – Holds Interest Rates Steady WSJ / R / NYT / B *
ECB – To transform how it runs monetary policy FT / q *
SR – Sweden Makes Large Cut to Main Interest Rate FT / WSJ / AP / WSJ / B * *
NB – Scandinavian policy makers in test of resolve FT / FT *
Fed – Falling Unemployment Doesn’t Rate WSJ / FT / B *
Fed – Keeps a Watchful Eye As Food Prices Rise WSJ *
EU – Europe Banks Falter as ECB Defers Asset Buying B *
EU – Banks raise capital ahead of stress tests FT *
EU – Banks Face Added Capital Requirements WSJ *
EU – Bank stocks suffer from legal fears FT * * *
Metals – Foreign Banks See Exposure to China Port Qingdao Topping $500m WSJ *
Metals – Fraud worries a lead weight on imports in China N *
Metals – Miners seek to take the plunge FT
Metals – Iron ore boosted by China restocking FT
Metals – Aluminum’s Collision Course With Steel WSJ *
Metals – With iron ore weak, investors should look to aluminum FT *
Power – US Government Is Urged to Takes Steps for Grid Protection WSJ
Power – Hackers Find Open Back Door to Power Grid With Renewables B *
US – As Jobs Surge, Hurdles Linger WSJ / B / WSJ * * *
US – Hiring Pickup Aided By Rare Source of Strength: Governments wsj *
US – Unemployment falls to 6.1%, avg UE duration drops to 33.5 wks / *
US – Unemployment rates by race and ethnicity / *
US – UE duration, discouraged down, participation flat *
US – Underemployment / *
US – Part-time work is still elevated / *
US – Full-Time Employment vs. Total Employment *
US – Hiring may be rebounding, but wage growth is not r *
US – But What Do Payrolls Say About A New Recession Risk? wsj * * * *
Pharma – Merck, Gilead Lead Race To Eradicate Hepatitis C IBD
Pharma – Drugmakers warn on SK pricing policy FT
Pharma – GSK faces questions over direction of China corruption probe FT *
Manhattan’s Daytime Population — Helps Identify Hospitals reddit *
