Today’s Issue Cluster: Metals
Japan – The $5t Quandary as Negative-Yielding Debt Doubles
Japan – Shrinking Economy Threatens Abe’s Political Goals
Shale – Boom More Resilient Than the US Government Thought
Japan – Q4: GDP revised up; -1.1% was -1.4% / R / FT
China – Feb: Exports plunge fastest since 2009; -25.4% from -11.2% / FT / WSJ
US – Feb: NFIB Small Business Index decreased; 92.9 from 93.9 / cr
Japan – Global Pressure Mean Few Options to Weaken Yen WSJ *
Japan – The Government Gets Paid to Borrow Money WSJ / FT *
Japan – Long-term bonds set new record lows FT *
Japan – The $5t Quandary as Negative-Yielding Debt Doubles B * *
Japan – Tucking 10,000-Yen Bills Under the Mattress Spells Worry for Abe B *
Japan – Snapping Up Safes to Stash Cash WSJ *
Japan – Department stores bask in glow of negative rates policy FT *
Japan – Shrinking Economy Threatens Abe’s Political Goals WSJ *
BOJ – Abe board choice signals determination on stimulus FT
Japan – Population fell nearly 1m in 2010-15 AP
China – US Disrupts Technology Plans WSJ / R / WSJ *
China – ZTE Restrictions Bad News for US Tech Suppliers WSJ
China – ZTE’s Smartphone Ambitions Run Into US Trade Restrictions WSJ *
Metals – Prices signal market bottom FT *
Metals – Glencore Lost $5b in 2015 WSJ *
Metals – Port Sale Highlights Western Australia’s Sinking Fortunes WSJ *
Gold – Price hits 13-month high FT *
Gold – Becomes the Biggest Winner of 2016 B *
Iron – Jumps by record 19% on China stimulus hopes FT *
Iron – Soars on Expectation of China Stimulus WSJ *
Iron – Price Surge Unprecedented / B *
Iron – China Will Make Sure Rebound Won’t Last WSJ *
Iron – Miner Alliance Keeps Ore Going WSJ / B * *
Iron – The Theory That Flower Power Helped Fuel Massive Rally B *
Copper – Skeptics Boost Bearish Wagers, Defying Rally for Prices B / FT *
Copper – Bears Turn Into Bulls Before Prices Rally Most Since 2011 B *
Zinc – Rallies 25% after falling in January FT
Nickel – Can’t Find a Silver Lining WSJ *
Aluminum – Autos shed weight B * *
Shale – Boom More Resilient Than the US Government Thought B *
Shale – OK Puts Limits on Wells to Fight Quakes NYT
If Mexico says no, there’s always Australia… dm *
