8 January 2016



Today’s Issue Cluster: Streaming

Germany – DAX Hurt More Than Others by China’s Swoon
Mobiles – Samsung Q4 guidance underscores headwinds
Insurance – Obama Administration Optimistic About Goal


MAJOR DATA POINTS

US – Dec: Jobs growth beats estimates; +292k from +252k (was +211k) / FT / WSJ / NYT / R / B / cr *

US – Nov: Weak wholesale inventories point to slower growth; -0.3% from -0.3% / R


MARKETS

China – Flip-Flops on Stock Crash Rule and Adds to Chaos B / FT

China – Why Beijing Shifted on Yuan, and How It Backfired WSJ *

China – Stocks Gain as State Funds Buy B *

China – Steps up capital controls to stem outflows FT *

China – Rout scythes $2.3t off world stock markets FT


ECONOMICS

Germany – DAX Hurt More Than Others by China’s Swoon WSJ

Germany – US and EU pulling exports; China now a drag / t *

Germany – A particularly high portion trade is with EMs / bi *

Germany – Weak hard data at odds with upbeat PMIs b *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE

EU – Investment banks capitalise on rivals’ retrenchments FT * *

EU – Banks Still Play Catch-Up on Capital WSJ *

EU – Banks weigh up cost of keeping staff in London FT *


REAL ESTATE



LABOR & EDUCATION



SERVICES

Media – Netflix launches in 130 new markets FT / WSJ / R / NYT / B / map * *

Media – New on Netflix’s 2016 Agenda: Making Real Money B *

Media – T-Mobile Executives Defend Video-Streaming Service WSJ

Media – The Year Wall Street Cut the Cord B *

Media – Pandora Stock Could Fall 20% or More Bn


MANUFACTURING



TECH

Mobiles – Apple Scales Back Orders for Its iPhones WSJ / R *

Mobiles – Apple’s App Sales Hit $20b; Signs of Slower Growth WSJ / R

Mobiles – Apple Shares Fall Below $100 WSJ / R *

Mobiles – Samsung Q4 guidance underscores headwinds R / WSJ / NYT

Mobiles – Huawei Eyes US Smartphone Market WSJ

Mobiles – Fitbit launches latest smartwatch FT / WSJ / FT / FT * *


TRADE & TRANSPORTATION



COMMODITIES

Commods – Rout Forces Resource Firms to Cut Further WSJ *

Commods – Industry wrongfooted by slump FT *


ENERGY & ENVIRONMENT



HEALTH

Insurance – Obama Administration Optimistic About Goal NYT

Insurance – Young Adult Health Sign-Ups Disappoint WSJ *

Insurance – GOP Health Plans Are Works in Progress WSJ


ENDNOTE

Name of Stalin spelled with buildings in Skarysko-Kamienna, Poland? motw *


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