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{"id":45123,"date":"2014-03-25T22:52:57","date_gmt":"2014-03-26T02:52:57","guid":{"rendered":"http:\/\/bznwz.com\/?p=45123"},"modified":"2014-03-26T12:08:13","modified_gmt":"2014-03-26T16:08:13","slug":"26-march-2014","status":"publish","type":"post","link":"https:\/\/bznwz.com\/26-march-2014","title":{"rendered":"26 March 2014"},"content":{"rendered":"


<\/code><\/p>\n


\n

Today\u2019s Issue Cluster: Defense<\/p>\n

HK \u2013 Soaring bank exposure to China sparks credit concerns
\nPharma \u2013 Nitroglycerin, a Staple of Emergency Rooms, Is in Short Supply
\nRare Earths – China loses trade dispute over export quotas
\n
<\/code><\/p>\n


\n

DATA POINTS<\/b><\/a><\/p>\n

Germany – Apr: GfK consumer climate holding steady; 8.5 \/ AP<\/a><\/p>\n

Italy – Mar: ISTAT consumer confidence jumps to highest since 2011; 101.7 from 97.7 \/ R<\/a> *<\/a><\/p>\n

US – Feb: Durable Goods Orders Rebound on Aircraft; +2.2% from -1.3% \/ WSJ<\/a> \/ AP<\/a> \/ R<\/a> \/ B<\/a><\/p>\n

US – Mar: Markit Flash Services PMI accelerates; 55.8 from 54.1 \/ R<\/a><\/p>\n

US – Week: MBA Mortgage Purchase Applications Increase, +3% \/ cr<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

MARKETS<\/b><\/a><\/p>\n

Brazil – Bonds Make a Comeback WSJ<\/a> *<\/a><\/p>\n

Venezuela – Takes Steps to Ease Curbs on Currency NYT<\/a> \/ FT<\/a> *<\/a><\/p>\n

Colombia – Peso has fallen sharply against the dollar WSJ<\/a> *<\/a><\/p>\n

Argentina – Bond Yields Lure Back Buyers WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

ECONOMICS<\/b><\/a><\/p>\n

Japan – Firms Continue to Hoard Cash WSJ<\/a> *<\/a><\/p>\n

Japan – Abe adviser warns on impact of tax hike FT<\/a> \/ FT<\/a> \/ AS<\/a><\/p>\n

Japan – Debt still climbing FT<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

Japan – Risks Housing Recovery in Temporary Worker Push B<\/a><\/p>\n

Japan – Hours worked another reason for lost decade \/ b<\/a> *<\/a><\/p>\n

Japan – Shrinking new entrants to labor market \/ b<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

POLITICS & FISCAL POLICY<\/b><\/a><\/p>\n

Ukraine – EU feels \u2018upstaged\u2019 by US sanctions FT<\/a> \/ WSJ<\/a><\/p>\n

Ukraine – Eastern Europe fearful of tougher sanctions \/ r<\/a> *<\/a><\/p>\n

Ukraine – Funds cut Russian holdings after sanctions FT<\/a> *<\/a><\/p>\n

Ukraine – Replacing Russia gas in EU electricity production could cost Moscow $21b r<\/a> *<\/a><\/p>\n

Ukraine – ‘Dear to Our Hearts’: The Crimean Crisis from the Kremlin’s Perspective S<\/a> *<\/A>
\n
<\/code><\/p>\n


\n

MONETARY POLICY<\/b><\/a><\/p>\n

ECB – Germany’s Bundesbank opens door to QE in Europe R<\/a> \/ FT<\/a> \/ WSJ<\/a> \/ cityam<\/a> *<\/a> *<\/a><\/p>\n

MNB – Hungary Slows Rate-Cut Pace in Central Bank Policy Shift B<\/a> \/ WSJ<\/a>
\n
<\/code><\/p>\n


\n

FINANCE<\/b><\/a><\/p>\n

US – Banks pay out $100b in US fines FT<\/a> *<\/a><\/p>\n

US – NY Fed finds big banks enjoy taxpayer \u2018subsidy\u2019 FT<\/a> \/ B<\/a> \/ R<\/a><\/p>\n

HK – Soaring bank exposure to China sparks credit concerns R<\/a> \/ q<\/a> *<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

REAL ESTATE<\/b><\/a><\/p>\n

EU – Southern Europe: From Death’s Door to Real-Estate Haven WSJ<\/a> *<\/a> *<\/a><\/p>\n

EU – London and southeast house prices rise above 2008 peak FT<\/a> \/ r<\/a> \/ t<\/a> \/ i<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

EU – London ‘draining life’ from rest of economy AP<\/a> \/ B<\/a><\/p>\n

EU – London Property Price Growth vs. Consensus Growth Forecast \/ b<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

SERVICES<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

MANUFACTURING<\/b><\/a><\/p>\n

Defense – Obama Tells Russia: We Will Defend NATO Members WSJ<\/a> *<\/a><\/p>\n

Defense – Japan to end self-imposed ban on weapons exports FT<\/a><\/p>\n

Defense – Measuring the arms merchants e<\/a> *<\/a><\/p>\n

Defense – China is fourth-largest arms dealer q<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

Defense – World\u2019s Biggest Arms Importer, India Wants to Buy Local NYT<\/a> *<\/a><\/p>\n

Defense – Indian arms imports almost triple China, Pakistan AFP<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

TECH<\/b><\/a><\/p>\n

SoftBank – Punt on Alibaba poised to come in FT<\/a> \/ FT<\/a> *<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

SoftBank – The Buzz Lightyear of the corporate world N<\/a> \/ N<\/a> *<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

TRADE & TRANSPORTATION<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

COMMODITIES<\/b><\/a><\/p>\n

Rare Earths – China loses trade dispute over export quotas R<\/a> \/ NYT<\/a> \/ FT<\/a> \/ WSJ<\/a> \/ AP<\/a> \/ CD<\/a><\/p>\n

Platinum – South Africa strike causing “irreparable” damage: producers R<\/a> \/ FT<\/a><\/p>\n

Iron – Ore Price Forecast Cut by Australia as Miners Boost Output B<\/a> \/ FT<\/a>
\n
<\/code><\/p>\n


\n

ENERGY & ENVIRONMENT<\/b><\/a><\/p>\n

Nuclear – Japan Regulator Selects First Reactors for Possible Restart WSJ<\/a><\/p>\n

Nuclear – The Numbers Behind Japan\u2019s Renewed Embrace MITTR<\/a> *<\/a> *<\/a><\/p>\n

Nuclear – China\u2019s plans falter q<\/a> *<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

LABOR & EDUCATION<\/b><\/a><\/p>\n


<\/code><\/p>\n


\n

HEALTH<\/b><\/a><\/p>\n

Pharma – Nitroglycerin, a Staple of Emergency Rooms, Is in Short Supply NYT<\/a><\/p>\n

Pharma – Investors brace for end of the biotech run FT<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

ENDNOTES<\/b><\/a><\/p>\n

One of two families, the AK-47 or the M-16 \/ motw<\/a> *<\/a>
\n
<\/code><\/p>\n


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