8 August 2016



Today’s Issue Cluster: US Labor



MAJOR DATA POINTS

China – Jul: Trade falls more than expected; exports -4.4%, imports -12.5% / R

Germany – Jun: Industrial Output Rebounds; +0.8% from -0.9% / B


MARKETS



ECONOMICS

Africa – Kenya feels Brexit effect as UK vote threatens trade deal FT *

Africa – Asian marketers’ new target N * *

South Africa – A ‘fire sale’ for tourists after rand rout B *


POLITICS & FISCAL POLICY

South Africa – Losing faith in the ANC FT / FT *


MONETARY POLICY

Fed – Upbeat Jobs Data Doesn’t Guarantee September Hike B / WSJ

Fed – Jobs strength keeps possibility of 2016 rate rise alive FT *

Fed – ‘A chart of failed expectations’ b *


FINANCE



REAL ESTATE



LABOR & EDUCATION

US – Companies Have Enough Confidence to Hire, If Not Invest B * *

US – Voter Discord Isn’t Over Wages WSJ *

US – Some Small-Businesses Pull Back, Cite New Labor Law WSJ

US – Job Satisfaction Hits a 10-Year High, But It’s Still Below 50% WSJ *

US – Output per capita will take a hit on older workers B *

US – What if There Just Aren’t Enough Jobs to Go Around? wsj *


SERVICES



MANUFACTURING



TECH

Telecoms – EU Bid to Protect Companies From Chinese Rivals Flounders WSJ *

Telecoms – Consider Fee Hikes, as Fierce Price War Plays Out WSJ *

Telecoms – How the New iPhone Could Quash Wireless Price Hikes WSJ


TRADE & TRANSPORTATION



COMMODITIES

Crops – US to retake center stage in world grain markets FT *

Crops – Worst Wheat Yields Since ’86 Spurs France to Slash Outlook B *

Crops – Russian Wheat Prices Climb on French Woes B


ENERGY & ENVIRONMENT

NatGas – UK’s largest storage facility is shut down B *

NatGas – Middle East drives LNG demand B *

NatGas – Despite Global Glut, China Doubles Down WSJ *


HEALTH



ENDNOTE

Dow Jones +3.9% on average during Olympics jb *


Comments are closed.