Today’s Issue Cluster: Autos
US – Aug: Disappointing Payrolls Dampen Prospects for Rate Hike; +151k
from +275k / NYT / WSJ / FT / R / B *
US – Jul: Factory orders rebound; +1.9% from -1.8% / R
US – Jul: Trade Deficit Drops -11.6%; imports -0.8%, exports +1.9% / WSJ / R
Bonds – Investors Cash Out in EU, Head to US WSJ *
EU – Germany: Almost Ready to Spend B *
EU – Spain: Economy Expanding Without a Government WSJ *
EU – Businesses Bristle at Access to China WSJ *
Brexit – Has UK Gone From Gloom to Boom? WSJ
Brexit – MPs say strong data refute Treasury ‘scaremongering’ FT *
Brexit – When Economic Doomsayers Stumble WSJ *
Fed – Fischer says job market ‘very close’ to full strength R *
Fed – Headed for Shallow Rate Path This Decade, Study Shows B *
Fed – Alone in projected rate hike this year B *
EU – Banks Get Crushed but Still Lend WSJ *
EU – Germany: Cheap money exposes bank weakness R *
EU – Germany: Savers Lose Faith in Banks, Stash Cash at Home WSJ *
EU – Germany: Banking pair’s flirtation stirs debate FT * *
Autos – US: Big Decline May Signal End of Six-Year Boom NYT / WSJ / B * *
Autos – US: Fleet Turnover Ratio / cr *
Autos – US: CA’s zero-emission program is stuck in neutral R *
Autos – Mexico: Boom Is Driving Up Labor Costs WSJ * * * *
Autos – Spain: Car Makers Pour Money In WSJ *
Autos – China: Domestic brands challenged by new emissions rules FT
Autos – China: Domestic brands hold edge in electric car boom R
Autos – China: Ford Feels Pressure of Rivals’ Pursuit WSJ *
Autos – India: Ford shelves compact car program for EMs R
Autos – Tesla: Unveils Electric-Car Battery With a 315-Mile Range WSJ / B *
Autos – Tesla: How New Models Stack Up Against Bugatti, Lamborghini, Ferrari B *
Autos – Tesla: German carmakers led by BMW train their sights FT * * *
Autos – EVs: Electrics could be a quarter of world’s cars by 2040 FT * * *
Autos – EVs: 95% of China’s Startups Face Wipeout B
Oil – Putin Pushes for Freeze Deal B * *
Oil – Awesome August Awaits September B *
Oil – Crude Stockpiles Advance B *
Oil – Mystery of Storage on Chinese Islands Puzzles Markets B *
The distances you can travel on a European train in less than a day wapo * *