Today’s Issue Cluster: US Labor & Monetary Policy
Turkey – Election rebuff to Erdogan takes toll on lira and shares
Mobile Payments – Top retailers remain skeptical of Apple Pay
Mers – SK to track cellphones to prevent spread
Japan – Q1: Economy gains speed; +3.9% was +2.4% / AP / FT / b *
China – May: Exports shrink amid slowing demand; -2.5% from -6.4% / FT / WSJ / b *
Germany – Apr: Industrial Output Beats Forecasts; +0.9% / WSJ / AP
Turkey – Sinks Leader’s Bid to Cement Power WSJ / FT / NYT / R *
Turkey – Erdogan’s Future Hangs in Balance in Election WSJ * *
Turkey – Election rebuff to Erdogan takes toll on lira and shares FT / WSJ / R * *
Fed – Seen raising rates in October WSJ / R / WSJ / R / wsj / WSJ *
Fed – Doves may be growing, possibly pushing hike to 2016 R
Fed – Sees moderate economic growth this spring AP / WSJ / FT / R / B
Fed – Inflation Misses 2% Target for 36th Month wsj / B *
Fed – Dollar’s Strength Complicates Rate-Hike Calculus WSJ *
Fed – Brainard: global troubles may delay rate hike R *
Fed – Technology, inflation and the Federal Reserve ft *
Fed – Are Bank Watchers Watching the Wrong People? cfr *
Mobile Payments – Google won’t earn transaction fees WSJ
Mobile Payments – Top retailers remain skeptical of Apple Pay R
US – Beats expectations with 280k jobs in May FT / NYT / R / wsj * * * *
US – Workers Ask: Where’s My Raise? WSJ *
US – Class of 2015 Is Summa Cum Lucky in the Job Market WSJ / wsj * * *
US – Minimum wage vs. prices in major cities / r *
Telecoms – Vodafone confirms talks with Liberty Global FT
Telecoms – Are Americans Ready to Pay for ‘Quad Play’? WSJ *
Oil – Opec to Maintain Current Output WSJ / FT / B / B *
Oil – Supplies Are Rising From All Sides B
Oil – Battle for market share takes time and a toll WSJ *
Oil – Opec’s falling market share / b *
Oil – Planned US energy sector layoffs and prices r *
Mers – SK Reports Fifth Death WSJ / AP / NYT / WaPo *
Mers – SK to track cellphones to prevent spread R *
Largest ancestries in the United States and Canada da *