Bz Nwz

7 August 2015

August 6th, 2015

Today’s Issue Cluster: Refineries

India – China’s stock market pain creates financial gain
RBI – India rate cuts waiting on monsoon, fed liftoff
AVs – Can the Insurance Industry Survive Driverless Cars?

MAJOR DATA POINTS

Germany – Jun: Industrial output falls; -1.4% from +0.2% / B / AP / WSJ / AFP

Businesses Add Jobs; +215k from +231k / FT / WSJ / R / AP / NYT / B *

MARKETS

India – China’s stock market pain creates financial gain b * *

India – Recipient of investment searching for safety FT * *

India – Private equity deals on track for record 2015 FT * *

ECONOMICS

India – Soft production belies strength elsewhere b *

POLITICS & FISCAL POLICY

India – Taxing journey to single market r *

MONETARY POLICY

RBI – Holds rates, leaves door open for more easing R *

RBI – India rate cuts waiting on monsoon, fed liftoff b * *

RBI – Uncertainty surrounding growth and inflation b * *

RBI – Rajan stresses independence FT / FT

FINANCE

India – Modi takes aim at ailing public banks FT * *

REAL ESTATE

LABOR & EDUCATION

SERVICES

Online – Jet.com Runs Into Turbulence With Retailers WSJ

Online – Frenzy Around Jet.com Harks Back to Dot-Com Boom WSJ / B / wsj *

Online – Millennial anxieties changing buying habits FT * *

MANUFACTURING

TECH

India – Outsourcing Firms Change Direction as ‘Cloud’ Moves In WSJ *

India – Tech Investment Bankers Lose Out WSJ *

TRADE & TRANSPORTATION

AVs – Hackers take control of a Tesla FT / FT

AVs – Can the Insurance Industry Survive Driverless Cars? BW

AVs – Have Ignited a Gold Rush Among the States NYT *

COMMODITIES

Commods – El Niño Tests How Softs Weather the Storm WSJ *

Commods – Worst-Hit Investments Aren’t Commodities WSJ *

Commods – Slide Deeper Into a Rut WSJ *

ENERGY & ENVIRONMENT

Refineries – Oil Producers’ Ugly Ducklings Just Turned Into Swans B

Refineries – Middle East Expansion Plans Hit Snags WSJ *

Refineries – The Return of King Gasoline in the US B *

Refineries – Find the oil market’s sweet spot r *

HEALTH

Pharma – Generics ban prompts India to freeze EU trade talks FT / R

Pharma – Industry under pressure to make painkillers tamper-proof FT * *

ENDNOTE

Stanford top university for producing Nobel laureates THE * *

Posted in Uncategorized | Comments Closed

6 August 2015

August 5th, 2015

Today’s Issue Cluster: Oil

Fed – The Odds of a September Rate Hike Have Risen
Online – TV’s Death is Greatly Exaggerated
Health – Do Fitter Economic States Produce Fitter Residents?

MAJOR DATA POINTS

Germany – Jun: Factory orders rise despite Greece, China effects; +2.0% from -0.2% / AFP / WSJ

US – Jobless Claims Rise; +3k to 270k / WSJ / R / B / AP

MARKETS

Bonds – Debt markets: After the binge FT *

Bonds – Market Is Skeptical of Rate Hikes WSJ *

Bonds – Uncowed Treasury Buyers Can’t Get Enough B *

Bonds – Sovereigns: playing the long game FT *

ECONOMICS

POLITICS & FISCAL POLICY

MONETARY POLICY

Fed – Rate rise hawks and doves fan timing debate FT

Fed – ‘Nearly balanced’ language no bar to September rate rise R *

Fed – Odds narrow for September rate rise FT *

Fed – The Odds of a September Rate Hike Have Risen B *

Fed – Tummy tucks tick up on Yellen’s waggish rates dashboard R *

FINANCE

REAL ESTATE

LABOR & EDUCATION

HigherEd – Programs aim at graduates’ future earnings WSJ *

HigherEd – Federal Aid’s Role in Driving Up Tuitions Gains Credence WSJ *

HigherEd – Japan Rethinks Sector in Skills Push WSJ *

SERVICES

Online – Cord-Cutting Weighs on Pay TV WSJ / FT / NYT *

Online – TV’s Death is Greatly Exaggerated wsj *

MANUFACTURING

TECH

Silicon Valley – What a PErformance e *

Silicon Valley – Tech Firms Beware: Don’t Disappoint Investors WSJ *

TRADE & TRANSPORTATION

Ship – Egypt opens Suez Canal expansion WSJ / FT / AP / R / B / NYT *

Ship – Suez Canal Expansion Expectations Overblown, Analysts Say WSJ *

COMMODITIES

Silver – Futures contract has declined 27% WSJ * *

Aluminum – China’s Producers Stare Down Price Plunge WSJ *

Molybdenum – Minor Metal Is Major Headache for Investors WSJ *

ENERGY & ENVIRONMENT

Oil – Autumn demand lull to put more pressure FT *

Oil – US reports conflict on whether production is rising or falling WSJ *

Oil – ‘Losers are producers outside ME and North America’ r *

Oil – Pain Worsens for Giants Exxon and Chevron WSJ *

Oil – Some Smaller US Drillers Faring Well WSJ *

Oil – Debt Deals Sting Investors WSJ *

Oil – Russian producers gain ground in Asia N *

HEALTH

Health – Do Fitter Economic States Produce Fitter Residents? B * *

Health – Americans Eating Less NYT * *

Health – Sugar & Fat Consumption / wapo *

ENDNOTE

Which Grad Students Borrow The Most? npr *

Posted in Uncategorized | Comments Closed

5 August 2015

August 4th, 2015

Today’s Issue Cluster: Pipelines

China – IMF signals doubts on renminbi as reserve currency
Media – Chinese people fall for Tinsel Town
China – Global Ambitions, With Loans and Strings Attached

MAJOR DATA POINTS

China – Jul: Markit services quickens to 11-month high; 53.8 from 51.8 / R / WSJ

EZ – Jun: Retail Sales Fall Sharply; -0.6%, +1.2% yr / WSJ / EU *

US – Jul: ADP private sector job adds down; +185k from +229k / R / B

US – Jul: ISM Services Expand at Fastest Pace in a Decade; 60.3 from 56.0 / B / cr *

US – Jul: Markit services ticks up; 55.7 from 54.8 / R

US – Jun: Trade Deficit Widens; -$44b from -$41b / B / WSJ / R / cr *

MARKETS

China – IMF signals doubts on renminbi as reserve currency FT *

China – Response to Rout Exposes Regulatory Disarray WSJ *

China – Exchanges step up crackdown on short-selling R *

China – Nearly 25 Years of Wild Swings WSJ *

China – Late Jolts Are New Normal WSJ *

China – ‘Botched stockmarket rescue’ e *

China – Brokerage IPOs Likely to Face Cooler Climate WSJ *

China – Capital outflows reignite debate between bulls and bears FT * *

ECONOMICS

China – Growth to slow to 4.1% by 2025: Tokyo think tank N * * *

China – Faith in Beijing stats, charted ft * *

China – Blue-chip groups face slowdown hit FT / FT *

China – Alarm bells ringing for Asia, Germany, resource exporters N *

POLITICS & FISCAL POLICY

China – Global Ambitions, With Loans and Strings Attached NYT *

MONETARY POLICY

FINANCE

China – Debt overhang slows bank reforms b * *

REAL ESTATE

China – Smaller Cities Miss Housing Recovery WSJ *

LABOR & EDUCATION

China – Slowdown follows pattern traced earlier by US, Japan N * *

SERVICES

Media – China’s Film Industry Is Gaining on Hollywood BW / FT *

Media – Chinese people fall for Tinsel Town N * *

MANUFACTURING

TECH

TRADE & TRANSPORTATION

Pipeline – Obama Said Near Rejection B / B / G&M / CBC / B

Pipeline – Quiet on Keystone, Clinton faces sharper attacks from rivals AP

Pipeline – Cnooc Oil-Sands Spill Worsens Outlook for Canada Plans B

Pipeline – Add crippling shortage to Canada natural gas woes B *

Pipeline – Corridor to Canada’s north examined in new project G&M *

Pipeline – M&A Stacks Up as Gas Production Grows / b *

Pipeline – Oil line latest casualty of rising tensions in Turkey FT / q *

Pipeline – Possible new EU-Turkey gas partnership bruegel * * *

Pipeline – Impact of Greek cooperation with Russia will be limited bruegel *

Pipeline – Gazprom charges more for more dependent countries bruegel * *

Pipeline – Only Ukrainian system is not controlled by Gazprom bruegel *

COMMODITIES

ENERGY & ENVIRONMENT

Carbon – Shale gas is loser in Obama plan FT * * *

Carbon – Impact of EPA’s Rule on Industry to Vary WSJ / FT / AP / B *

HEALTH

ENDNOTE

Colors of passports around the world am *

Posted in Uncategorized | Comments Closed

4 August 2015

August 3rd, 2015

Today’s Issue Cluster: Autos

Coal – ‘Mine Worth $624m Three Years Ago; Now Sold for $1?
Uruguay – Tries to hang on to its buzz
Ship – China’s Economy Adds New Threat to Container Demand

MAJOR DATA POINTS

Japan – Jun: JCER GDP shrank; -0.1% / N *

EZ – Jun: Industrial producer prices fall; -0.1%; -2.2% yr / EU *

US – Jun: Factory orders advance; +1.8% from -1.1% / R / AP

MARKETS

EMs – Redrawing the world map FT * * *

ECONOMICS

LatAm – An emerging or submerging market? FT * * *

Brazil – Engine trouble FT * * *

Brazil – Now the sick man of emerging markets FT * * *

Brazil – Households struggling to meet debt payments FT *

Mexico – Sees poverty climb despite rise in incomes FT * * *

Chile – With Copper Boom Slowing, Real Estate Firms Get Creative WSJ / WSJ

Uruguay – Tries to hang on to its buzz FT * *

POLITICS & FISCAL POLICY

MONETARY POLICY

FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

MANUFACTURING

Autos – US: Sales strong on SUV, luxury demand AP / WSJ / B / NYT *

Autos – US: Higher Spending Should Drive Up Margins WSJ *

Autos – US: Average vehicle age hits record 11.5 years AP

Autos – US: GM, Ford, Flourish Out of the Limelight WSJ / WSJ / FT *

Autos – US: Makers Double Down on Pricey Pickups WSJ *

Autos – US: Regulators Vow to Continue Safety Crackdown WSJ *

Autos – Mexico: Sales Rebound as Used-Cars From US Dwindle WSJ / NYT

Autos – UK: Signs of clouds over Europe’s hottest car market FT *

Autos – Germany: Carmakers raise fears over Brexit FT *

Autos – China: Sales fall amid stock market turmoil FT / WSJ *

Autos – China: Market braces for abnormal era of flat sales FT / AP * *

Autos – China: Sputtering Sales Could Stall European Rally WSJ * *

Autos – Indonesia: Carmakers braced for more pain FT * *

Autos – Japan: Volkswagen working hard to retain top import spot N *

Autos – Iran: Peugeot targets post-sanctions industrial recovery FT *

Autos – VW: Nudges past Toyota for first half worldwide sales FT *

Autos – GM: To put $5b into emerging market car FT / WSJ

Autos – GM: Plows $1b into India to reverse sales decline FT / WSJ *

Autos – Ford: Trucks drive best quarterly results since 2000 FT *

Autos – Tesla: ‘Needs to get its new model to market quickly’ FT *

Autos – Hyundai: Loses Traction in Fight to Lift Profit WSJ *

Autos – Hyundai: Offers $230m olive branch as slump continues FT * *

Autos – Honda: New CEO Shifts Focus to Technology WSJ *

TECH

TRADE & TRANSPORTATION

Ship – China’s Economy Adds New Threat to Container Demand WSJ

Ship – Supersized Cargo Skips Small Ports WSJ *

COMMODITIES

Potash – Legacy behind PotashCorp’s drive for K+S FT / G&M / R / FT * * *

Potash – Stakes are high in global pursuit FT *

ENERGY & ENVIRONMENT

Coal – Obama mandates a shift to renewable energy R *

Coal – Left Fighting Over America’s Last Plants as Rules Mount B *

Coal – ‘Mine Worth $624m Three Years Ago; Now Sold for $1’ B *

Coal – Who’s to Blame for America’s Met Bust? For One, the Aussies B * * *

Coal – US Proposes New Rules to Protect Streams NYT

Coal – US Miners Pressed on Cleanup Costs WSJ

Coal – US Miners Struggle to Survive NYT

Coal – Bonding needs may accelerate crunch b *

Coal – Becoming less deadly to extract in China E *

HEALTH

ENDNOTE

New words spreading: Unbothered q *

Posted in Uncategorized | Comments Closed

3 August 2015

August 2nd, 2015

Today’s Issue Cluster: Eastern Europe

World – Numbers add up to HSBC leaving London
Pot – Vape shops eye new marijuana market
Olive Oil – Helps explain Greece’s problems

MAJOR DATA POINTS

China – Jul: Official Manufacturing Activity Slips; 50.0 from 50.2 / WSJ / AP / B

China – Jul: Markit Manufacturing Hits Two-Year Low; 47.8 from 49.4 / WSJ

EZ – Jul: PMI Survey Shows Collapse in Greek Manufacturing Output; 30.2 / WSJ *

US – Jul: ISM manufacturing index slipped; 52.7 from 53.5 / R / AP / B *

US – Jul: Markit factory activity rises slightly; 53.8 from 53.6 / R

US – Jun: Consumer spending weakest in 4 months; +0.2% from +0.7% / AP / R / WSJ

US – Jun: Construction spending gain smallest in five months; +0.1% from +1.8% / R / AP

MARKETS

EMs – Malaysia stocks and ringgit lead rout FT *

EMs – Outflows from emerging market funds accelerate FT *

EMs – Developed market stocks no longer the path to growth FT * * *

EMs – Rapids v calm US waters FT *

ECONOMICS

World – Weak China data hit commodity currencies FT *

World – Falling commodity prices and EM equities e *

POLITICS & FISCAL POLICY

Russia – Georgia Dials Down Conflict WSJ

Russia – Demoralised Ukraine troops start to lose faith in Kiev FT / FT

Russia – Ends Foreign Currency Purchases in Boost for Easing B / WSJ *

Russia – Sanctions new normal proves workable for business FT / R / FT

Russia – The $42b Debt Trap That Putin Has Three Years to Escape B *

Ukraine – Showdown with creditors FT / FT * * *

Ukraine – In graphics e * * * *

E.Europe – Forecast GDP for 2015 / ft *

MONETARY POLICY

CBR – Russia Cuts Rates a Fifth Time FT / WSJ / FT / AP / B * *

FINANCE

World – Banks May Lose Their Asia Stock-Trading Lift WSJ *

World – Numbers add up to HSBC leaving London r *

World – Reality bites for European banks FT

World – US Banks Take Lead WSJ *

REAL ESTATE

LABOR & EDUCATION

SERVICES

Pot – Banking for Industry Hits a Roadblock NYT

Pot – Vape shops eye new marijuana market R

Pot – Race on to develop ‘pot breathalyzer’ R

MANUFACTURING

TECH

TRADE & TRANSPORTATION

TPP – Talks Collapse WSJ / FT / NYT / AP / N / N *

TPP – Dairy stalling deal WSJ / G&M / ABC

TPP – Patent Protection for Drugs Puts Pressure on US NYT

TPP – Negotiators Reach Environmental Accord NYT

COMMODITIES

Olive Oil – Helps explain Greece’s problems wapo

Olive Oil – Dries up e *

ENERGY & ENVIRONMENT

Carbon – Obama plan pushes pricing FT / WSJ / AP / NYT / FT / WSJ / WaPo * *

Carbon – New Regulations to Challenge Industry WSJ *

Carbon – EU Announces Trading Revamp WSJ

HEALTH

Ebola – Vaccine success holds out hope R / AP / FT / WSJ

MERS – SK Outbreak Is Over, Government Says WSJ *

Listeria – Ice-Cream Recall Sends Chill Through Food Industry WSJ *

Legionnaires – Disease Outbreak Hits South Bronx WSJ / NYT

CRE – Superbug was spreading at UCLA LAT *

ENDNOTE

The World’s Most Valuable Sports Teams dv *

Posted in Uncategorized | Comments Closed

31 July 2015

July 30th, 2015

Today’s Issue Cluster: US Economy

EU – ‘Testing the Limits: How Many Refugees Can Germany Handle?’
Counterfeits – Battle seems to be getting tougher
Planes – Bombardier: Delays business jet

MAJOR DATA POINTS

Japan – Jun: Consumer Prices Rise Fractionally B / b *

EZ – Jul: Inflation Holds as Core Rate Picks Up; +0.2% / B *

Canada – May: Economy shrinks for fifth straight month; -0.2% from -0.1% / CBC / CP / FP / R *

US – Q2: Labor Costs Rise at Slowest Pace in Three Decades; +0.2% from +0.7% / WSJ / R / AP / FT *

US – Jul: UMich consumer sentiment slips; 93.1 from 96.1 / R *

MARKETS

China – Bets Rise That Yuan Will Fall WSJ *

China – Escape from dollar zone requires opening markets FT / FT / FT / FT / FT / FT / FT / FT *

ECONOMICS

US – Economy Picks Up, but Stays In Its Rut WSJ / FT / NYT / B * *

US – The Worst Expansion Since WWII Was Even Weaker wsj * *

US – ‘Economy’s Top Speed Has Probably Been Overestimated for Years’ B *

US – Piecing Together the GDP Puzzle WSJ *

US – State Coincident Indexes increase in 40 states cr *

US – Cheap Oil Is Fueling a Surge In New Factories B * *

POLITICS & FISCAL POLICY

MONETARY POLICY

FINANCE

REAL ESTATE

LABOR & EDUCATION

EU – Migrant Crisis Continues at UK-France Border WSJ / FT

EU – ‘Testing the Limits: How Many Refugees Can Germany Handle?’ S * *

EU – Hungary erects border fence to plug migrant flow FT *

SERVICES

Counterfeits – Battle seems to be getting tougher E *

Counterfeits – US seizures / r *

MANUFACTURING

Planes – 747: Boeing to Again Reduce Output WSJ / R

Planes – 787: New Boeing CEO eyes jet production challenge FT * *

Planes – Bombardier: Delays business jet R / G&M / CP

Planes – Gulfstream: Finds its flight path with spacious business jets FT * * *

TECH

EU – Concerns grow over digital rules targeting US companies FT

China – Pushes to Rewrite Rules of Global Internet WSJ

China – Wants Silicon Valleys Everywhere BW *

TRADE & TRANSPORTATION

COMMODITIES

Palm Oil – Migrant Workers Tell of Abuses on Malaysian Plantations WSJ *

Palm Oil – Firms are trying to go green E *

ENERGY & ENVIRONMENT

Shale – Bakken Driller’s Reset Points to More Pressure on Oil WSJ *

Shale – ‘US Winning Oil War Against Saudi Arabia’ forbes * *

Shale – ND oil well completions slow sharply R *

Shale – ‘Fracking Jobs Encouraged American Teens to Become High School Dropouts’ B *

Shale – ‘Wall Street growing impatient’ b *

Shale – Fracking and construction boom create huge demand for sand G&M

HEALTH

ENDNOTE

Liege 2020: Tokyo Olympics emblem said to look similar to Belgian theater logo JT *

Posted in Uncategorized | Comments Closed

30 July 2015

July 29th, 2015

Today’s Issue Cluster: Metals

Bonds – Holders of senior bank debt face rising risks
Ship – World’s Top 3 Builders Post Record Loss on Deep-Sea Failures
TPP – Puts Vietnam’s top garment producer on the defensive

MAJOR DATA POINTS

Japan – Jun: Industrial Output Increases; +0.8% from -2.1% / B / AFP

EZ – Jul: Economic Sentiment Indicator rose; 104.0 from 103.5 / WSJ

US – Q2: Economy Expands; +2.3% from +0.6% / WSJ / FT / NYT / AP / R / B *

US – Week: Applications for jobless aid rise; +12k to 267k / AP / B / WSJ / R

MARKETS

Bonds – Investors Cheer Fed’s Statement WSJ *

Bonds – Treasuries market faces liquidity concerns FT * *

Bonds – Holders of senior bank debt face rising risks FT *

ECONOMICS

LatAm – Farewell to investment banking salad days? FT * *

LatAm – Private wealth to grow faster than ME/Africa B *

LatAm – Investors bet on Mexico and Chile FT *

Brazil – Downgrade threat is a real danger sign FT / FT * * *

Brazil – Struggles With Inflation, and Expectations WSJ *

Chile – Political crisis takes a toll on economy FT *

Venezuela – Hyperinflation looms E *

Mexico – The mystery of the consumer: a four-point explainer FT *

Puerto Rico – Tourism industry lags rivals R *

POLITICS & FISCAL POLICY

Brazil – Biggest party sticks with unpopular Rousseff, for now R / FT / NYT

MONETARY POLICY

BCB – Brazil raises rates to 14.25% to combat inflation FT

Fed – Marginally lifts chances of September rate rise WSJ / FT / NYT / AP / R / B *

Fed – China’s Thumb on Rate-Rise Scale WSJ / FT * *

FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

MANUFACTURING

Ship – World’s Top 3 Builders Post Record Loss on Deep-Sea Failures B

Ship – Oil plunge swells losses at Daewoo FT / FT

TECH

PCs – Microsoft aims to woo consumers with Windows 10 FT / WSJ * *

PCs – Can Windows 10 Revive Sales? WSJ * *

Chips – Intel, Micron Claim Chip Breakthrough WSJ

TRADE & TRANSPORTATION

TPP – Sugar Industry Sour on Trade Talks WSJ

TPP – US to gradually remove tariff on Japanese beef N

TPP – Puts Vietnam’s top garment producer on the defensive N

TPP – Japan’s offer on dairy imports unlikely to satisfy NZ N

COMMODITIES

Gold – Demand weakest since 2009 R *

Gold – Flight from safety FT *

Gold – Is Only Going to Get Worse B *

Platinum – Third-Biggest Miner Is Cutting Production B *

Copper – Supply disruptions support market FT

Copper – Minding the gaps in the cost curve r *

Titanium – Boeing looks at pricey metal in bid to stem 787 losses R

Nickel – At mercy of positioning FT

Iron – ‘Back in a Bull Market — Just Don’t Expect It to Last’ B *

Iron – ‘Chinese steel juggernaut slows but not fast enough’ r * *

ENERGY & ENVIRONMENT

Alt – UPS Agrees to Buy 46m Gallons of Renewable Diesel NYT

Alt – Why airlines keep pushing biofuels: They have no choice AP

HEALTH

ENDNOTE

Foreign Travel Advice of the British government motw *

Foreign Travel Advice of the French Government motw *

Posted in Uncategorized | Comments Closed

29 July 2015

July 28th, 2015

Today’s Issue Cluster: US Real Estate

World – Consumer Sentiment Is Souring, Except Where You’d Expect
Cybersecurity – A Veil of Secrecy Aids Surge in Attacks in Asia
Oil – ‘The Crash Could Be the Worst in More Than 45 Years’

MAJOR DATA POINTS

Germany – Aug: GfK consumer climate index unchanged; 10.1 / AP

US – Jun: Pending home sales fell; -1.8%; +8.2% / R *

MARKETS

China – Behind Latest Collapse: a Government Retreat WSJ / WSJ * *

China – Stems equity rout with state buyers FT / FT / FT

China – Tumble Calls Into Question Beijing’s Effort WSJ / FT * *

China – Understanding The Market in Charts WSJ / * * * *

China – Roller-Coaster Stock Market / WSJ * * * * *

China – Key factors behind investment rout FT * *

China – Relistings of Tech Firms Are in Limbo WSJ

China – Omitting mainland stock from MSCI index spares EM investors FT *

China – Brokerages report surging profits FT *

ECONOMICS

World – Consumer Sentiment Is Souring, Except Where You’d Expect wsj *

POLITICS & FISCAL POLICY

MONETARY POLICY

FINANCE

REAL ESTATE

US – Existing-Home Prices Hit Record: $236,400 WSJ

US – Architecture Billings Index Increases / cr *

US – Housing outlook dims AP

US – Condos Left Behind in Housing Rebound WSJ *

US – Homeownership hits 35 year-low R / cd *

US – Rent-to-Own Homes Make a Comeback WSJ

US – A short supply of available units is pushing up rents B *

US – Rental Demand Supplies Home-Building Opportunity WSJ *

US – Rising Rents Outpace Wages WSJ *

LABOR & EDUCATION

SERVICES

MANUFACTURING

TECH

Cybersecurity – When 95% isn’t good enough FT * * * *

Cybersecurity – Hacking back FT * *

Cybersecurity – A Veil of Secrecy Aids Surge in Attacks in Asia B

Cybersecurity – Are Shares Too Hot? WSJ *

TRADE & TRANSPORTATION

COMMODITIES

World – Growth Worries Pummel Commodities WSJ / N *

World – The States Hurt Most After Commodities Meltdown B * *

ENERGY & ENVIRONMENT

Oil – Majors rein in spending FT / WSJ / FT *

Oil – ‘The Crash Could Be the Worst in More Than 45 Years’ B *

Oil – Western Firms Will Find Tough Competition in Iran WSJ / R *

Oil – ‘US SPR sale before strategic review would be a mistake’ r *

Oil – Increased Iran output puts other exporters under pressure FT *

Oil – Kurdistan cash squeeze tests western groups FT * *

HEALTH

ENDNOTE

Share & Scare – US Singles, 18-64 bm *

Posted in Uncategorized | Comments Closed

28 July 2015

July 27th, 2015

Today’s Issue Cluster: EU Economy

Currencies – Rouble leads emerging-market currency rout
Air – Wanted: Pilots to Fly Looming $5.6t Jet-Order Surge
El Nino – Likely to hit coffee, chocolate and sugar

MAJOR DATA POINTS

UK – Q2: Economy grows; +0.7% from +0.4% / AP / AFP / R / B *

US – Jul: ConfBd consumer confidence drops by most since 2011; 90.9 from 99.8 / R / AP / B / WSJ

US – May: Case-Shiller home price growth stalls; +4.9% / R *

MARKETS

Currencies – Rouble leads emerging-market currency rout FT / AFP *

Currencies – Commodities slump testing resource-driven economies WSJ *

Currencies – Plenty of good reasons to think weak Aussie dollar here to stay FT *

Currencies – EM Asian currencies flag rising stress FT *

Currencies – Malaysia lets ringgit fall below 1998-2005 peg R *

Currencies – Yuan Pushes Deeper Into Global Financial System WSJ

ECONOMICS

EU – 2015 GDP forecasts for France, Italy & Spain revised up / b *

Germany – The Graying of Small Business Managers WSJ *

Spain – GDP per capita is set to overtake that of Italy ft * *

Portugal – On Road to Recovery Post-Bailout, But Scars Remain WSJ *

POLITICS & FISCAL POLICY

Greece – Tsipras pressured by covert drachma plan R / FT / B / NYT / NYT / K

Greece – Fear of the Unknown Binds a Deal With Few Believers WSJ *

Greece – More than one way to skin the loan FT *

Greece – Tide Turns for Shipping Industry WSJ * *

EU – France’s Hollande Proposes Creation of Euro-Zone Government B

EU – Italy’s Padoan calls for ‘political union’ to save euro FT

Puerto Rico – Bondholders present rival recovery plan FT *

MONETARY POLICY

ECB – IMF urges bank to use firepower aggressively FT

Fed/BOE – Take pole positions in rate race FT * *

Fed/BOE – Hint at rate rises in spite of unclear figures FT * *

Fed – Economic Forecasts Released Early WSJ / NYT / FT / R / B / ft *

Fed – Strengthening economy bolsters case for rate rise FT / WSJ

Fed – Closer to Hitting Its Inflation Target B *

FINANCE

Italy – Legal reforms may chip away at non-performing loans E *

Germany – Crowdfunders fear new risk rules FT *

REAL ESTATE

EU – QE feeding house price bubble, says study FT

LABOR & EDUCATION

EU – A Monetary Culprit for Europe’s Unemployment? WSJ *

EU – ‘Large increases in minimum wage could have severe effects’ E *

Germany – Rising Costs Strike at Competitiveness WSJ / WSJ *

Germany – Incomes Leaving Rest of Eurozone Behind wsj * *

SERVICES

Media – News business has the wind in its sails FT

Media – The future of news: Stop the presses! FT * * * * *

MANUFACTURING

TECH

PCs – Microsoft Changes Its Script With Free Windows 10 WSJ *

PCs – Market Drop Is Picking Up Pace / statista *

TRADE & TRANSPORTATION

Air – Pilot Shortage Halves Republic Airways Stock WSJ / B

Air – Wanted: Pilots to Fly Looming $5.6t Jet-Order Surge B

COMMODITIES

El Nino – Likely to hit coffee, chocolate and sugar AP *

El Nino – Asia grappling with a bigger, badder cycle N *

ENERGY & ENVIRONMENT

HEALTH

ENDNOTE

UK Projected to Become The Largest Country In Europe dv *

Posted in Uncategorized | Comments Closed

27 July 2015

July 26th, 2015

Today’s Issue Cluster: Pharma

China – Our Momentum Indicator suggests growth is nearer 3.0%
Coffee – More efficient pods are reducing US demand for beans
NatGas – Asian LNG spot prices tumble 30%

MAJOR DATA POINTS

Germany – Jul: Ifo business confidence up; 108.0 from 107.5 / AFP / AP / WSJ *

US – Jun: Durable Goods Orders Up; +3.4% from -2.1% / WSJ / R / AP

MARKETS

China – Biggest One-Day Stock Crash Since 2007 WSJ / FT / NYT / B / R *

China – Can All Debt Be Rated A+? WSJ *

China – Giant Fund: ‘No Safe Places to Invest’ WSJ / B / ft / WSJ

China – IMF says it’s worried about investors’ mobility R *

China – Japan Investors Use Market Rout as a Chance to Buy WSJ

China – Equity investors — the fortunate few b * *

China – Rail freight remains weak X

China – Quickly revisiting those dodgy growth stats ft *