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{"id":46692,"date":"2014-06-22T22:56:57","date_gmt":"2014-06-23T02:56:57","guid":{"rendered":"http:\/\/bznwz.com\/?p=46692"},"modified":"2014-06-23T13:32:49","modified_gmt":"2014-06-23T17:32:49","slug":"23-june-2014","status":"publish","type":"post","link":"https:\/\/bznwz.com\/23-june-2014","title":{"rendered":"23 June 2014"},"content":{"rendered":"


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


\n

Today\u2019s Issue Cluster: US Real Estate<\/p>\n

Space \u2013 Sharper satellite images allowed, as US loosen rules
\nDairy \u2013 The mysterious case of America\u2019s plummeting milk consumption
\nPharma \u2013 Early Results Arrive on Weight-Loss Pills That Expand in the Stomach
\n
<\/code><\/p>\n


\n

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

China – Jun: HSBC flash PMI shows first expansion in six months; 50.8 from 49.4 \/ R<\/a> \/ WSJ<\/a> \/ B<\/a> \/ AP<\/a> \/ NYT<\/a> \/ m<\/a> *<\/a><\/p>\n

EZ – Jun: Markit Business Activity Slows; 52.8 from 53.5 \/ WSJ<\/a> \/ FT<\/a> \/ B<\/a> \/ NYT<\/a> \/ m<\/a> *<\/a><\/p>\n

US – Jun: Markit manufacturing expands at fastest rate in four years; 57.5 from 56.4 \/ R<\/a> \/ r<\/a> *<\/a><\/p>\n

US – May: NAR existing home sales surges; +4.9% \/ R<\/a> \/ B<\/a> \/ r<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Argentina – Sovereign bond default case shifts power to creditors FT<\/a> \/ WSJ<\/a> \/ R<\/a> \/ AP<\/a> \/ B<\/a>
\n
<\/code><\/p>\n


\n

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

World – IMF Cuts US 2014 Growth Forecast to 2% WSJ<\/a> \/ B<\/a><\/p>\n

World – Evolution of IMF US GDP Forecasts \/ b<\/a> *<\/a><\/p>\n

World – Evolution of IMF China GDP Forecasts \/ b<\/a> *<\/a><\/p>\n

World – How the financial crisis made everyone poorer e<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Ukraine – Rebels beg Russia for help as fighting rages AP<\/a> \/ WSJ<\/a> \/ FT<\/a> \/ NYT<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

BOE – CBI president warns against early rate rise FT<\/a> \/ WSJ<\/a> \/ AP<\/a> \/ WSJ<\/a> \/ B<\/a><\/p>\n

BOE – Investors bet on rate rise by year-end FT<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

US – BNP Near Settlement for Up to $9b WSJ<\/a> *<\/a><\/p>\n

US – Bailout Lets a Few Lucky Banks Off the Hook WSJ<\/a> *<\/a><\/p>\n

US – Automakers driving banks from buoyant new car market R<\/a><\/p>\n

US – Banks seen falling short of new debt funding rule R<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

US – Drop in Short Sales Trims House Inventory WSJ<\/a> *<\/a><\/p>\n

US – Housing Numbers Reflect Shift in American Dream WSJ<\/a> *<\/a><\/p>\n

US – The Downside of Low Interest Rates: Reluctant Home Sellers wsj<\/a> *<\/a><\/p>\n

US – Realtors, Builders Differ on Need for New Homes wsj<\/a> *<\/a><\/p>\n

US – Economists Pare Down Their Housing Addition wsj<\/a> *<\/a><\/p>\n

US – Builders\u2019 Shift to More Home Construction Might Take 1-2 Years wsj<\/a> *<\/a> *<\/a><\/p>\n

US – Lenders Open Vault for Hotel Deals WSJ<\/a> *<\/a><\/p>\n

US – Cities in South, West to Grow Fastest WSJ<\/a> *<\/a><\/p>\n

US – Metropolitan Areas With Rising\/Declining Home Prices \/ b<\/a> *<\/a><\/p>\n

US – AIA Architecture Billings Index increased \/ cr<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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

Space – Sharper satellite images allowed, as US loosen rules CBC<\/a><\/p>\n

Space – Satellite launches: the final frontier FT<\/a> *<\/a><\/p>\n

Space – To boldly go … and clean up R<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Internet – France lashes out at Icann FT<\/a> \/ WSJ<\/a> \/ q<\/a><\/p>\n

Internet – France Seeks to Further Tighten Regulation of US Firms WSJ<\/a><\/p>\n

Internet – Google Considering Investment in New Trans-Pacific Cable WSJ<\/a> *<\/a><\/p>\n

Internet – Forget Africa: Machine-driven NA is growing much faster q<\/a> *<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Air – Oil price turbulence hits European lines FT<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Dairy – The mysterious case of America\u2019s plummeting milk consumption wapo<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

Dairy – America’s Got Milk and China Wants It BW<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Oil – Iraq violence lights fuse to price spike FT<\/a> *<\/a><\/p>\n

Oil – Kurds’ Takeover of of Kirkuk Strengthens Their Hand WSJ<\/a> *<\/a><\/p>\n

Oil – Asia Soaks Up Excess WSJ<\/a> *<\/a><\/p>\n

Oil – Production \/ e<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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

Pharma – Early Results Arrive on Weight-Loss Pills That Expand in the Stomach NYT<\/a><\/p>\n

Pharma – Health Plans Bring Pressure to Bear on Drug Prices NYT<\/a><\/p>\n

Pharma – Inversion Frenzy Rocks Drug Sector WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Web of world trade ei<\/a> *<\/a>
\n
<\/code><\/p>\n


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