Today’s Issue Cluster: US Labor
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
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 *
South Africa – Losing faith in the ANC FT / FT *
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 *
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 *
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
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
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 *
Dow Jones +3.9% on average during Olympics jb *