Today’s Issue Cluster: Planes
US – Scrutiny Shifts to Commerzbank and Germany
World – Chances of rate hike decreasing for Fed, RBA but increasing for BOE
Shale – US: Boom Only a Modest Boost to Manufacturers
Japan – May: Current-Account Surplus Beats Estimates; +¥523b (+$5b) / B / WSJ
Germany – May: Exports, imports disappoint; -1.1%, -3.4% / AP
UK – May: Manufacturing Unexpectedly Slumps Most in 16 Months; -1.3% / B / R *
US – May: BLS Jobs Openings increase; 4.6m from 4.5m / cr * *
US – Jun: NFIB Small Business Optimism Index fell; -1.6 to 95.0 / R *
Bonds – Gilt strategists look for Carney’s Maradona feint FT * * *
Bonds – Market Is a Drag These Days WSJ *
Iraq – Western banks start to pull out FT * *
Egypt – Gulf Nations’ Sway Rises WSJ / FT * * *
Turkey – Erdogan: Supreme ambition FT / BW * * * *
Afghanistan – Kabul’s Economic Bubble Bursts WSJ *
Pakistan – Karachi: Under siege FT * *
MENA – The failures of the Arab spring were a long time in the making E * *
MENA – Middle East: Falling to pieces FT * * *
MENA – Isis advance reverses decade of growth in Middle East trade FT * * * *
World – Chances of rate hike decreasing for Fed, RBA but increasing for BOE r *
World – Global money supply / zh *
US – Banks’ Cuts Fall Short as Growth Stays Tepid WSJ *
US – Scrutiny Shifts to Commerzbank and Germany NYT / WSJ
EU – Banks look to shed loans worth €100b FT *
EU – Banks’ Judgment Leaves Investors with Alternative Risk WSJ *
Ireland – House prices raise fears of a new bubble FT * * *
Ireland – Employers’ group calls for end to austerity in budget FT *
Planes – Wide: Airbus to step up challenge to Boeing FT *
Planes – Narrow: Airbus, Boeing Compete to Pack Seats in Smallest Planes WSJ
Planes – A330: Airbus poised to revamp with Rolls-Royce R
Planes – A350: Airbus puts on brave face over cancelled $16b contract FT / FT / FT
Planes – A380: Airbus, Emirates, Amedeo pitch US airlines on jetliner R / B
Planes – 777: Big-Belly Boeing Blunts Demand for Cargo-Only Jets B
Planes – 747: Buoyed by Talks on China Order B
Planes – 747: ‘Going extinct’ q * * *
Planes – Ex-Im: Boeing Faces Long-Term Credit Risk if Bank Closed, S&P Says WSJ
Truck – Help Wanted: Jobs Go Unfilled WSJ *
Truck – ATA Index increased / cr *
Pork – Virus Plagues Industry, and Environmentalists NYT
Fish – Shrimp’s New Path to the Plate NYT *
Shale – US: Behind the Oil-Train Explosions WSJ *
Shale – US: Boom Only a Modest Boost to Manufacturers wsj
Shale – Germany: Shelves Drilling For Next Seven Years WSJ / NYT / FT
EU – Economists fear a permanent scar on the job market FT * * *
EU – Unemployment is still stagnant r *
EU – European Youth Unemployment Rates / *
Side where the train runs by country motw *