Today\u2019s Issue Cluster: Metals<\/p>\n China \u2013 World bank profits hit $920b as Chinese lenders boom MAJOR DATA POINTS<\/b><\/a><\/p>\n China – Jun: HSBC PMI shows first expansion in six months; 50.7 from 49.4 \/ R<\/a> \/ WSJ<\/a> *<\/a><\/p>\n China – Jun: Official PMI Rises to Six-Month High; 51.0 from 50.8 \/ B<\/a> *<\/a><\/p>\n Japan – Jun: Tankan Corporate Sentiment Worsens after Tax Rise; +12 from +17 \/ WSJ<\/a> *<\/a><\/p>\n EZ – May: Jobless Rate Unchanged as Crisis Legacy Lingers; 11.6% \/ AP<\/a> \/ B<\/a> \/ NYT<\/a> *<\/a><\/p>\n EZ – Jun: Markit manufacturing PMI eases, France slowdown weighs; 51.8 from 52.2 \/ R<\/a> \/ B<\/a> \/ WSJ<\/a> *<\/a> *<\/a><\/p>\n US – Jun: ISM manufacturing sector growth dips slightly; 55.3 from 55.4 \/ WSJ<\/a> \/ R<\/a> *<\/a><\/p>\n US – Jun: Markit manufacturing expands at fastest rate in over four years; 57.3 \/ R<\/a> *<\/a> *<\/a><\/p>\n US – May: Construction spending barely rises; +0.1% from +0.8% \/ R<\/a> \/ AP<\/a> *<\/a> MARKETS<\/b><\/a><\/p>\n Bonds – High water for eurozone rally as yields near US levels FT<\/a> *<\/a> *<\/a> *<\/a><\/p>\n Bonds – Spreading Unease in Corporate Markets WSJ<\/a> *<\/a><\/p>\n Bonds – Securitisations backed by delinquent US mortgages bounce back FT<\/a><\/p>\n Bonds – US Investors Flock to SK WSJ<\/a> *<\/a> *<\/a><\/p>\n Bonds – Russian issuance sparks optimism FT<\/a><\/p>\n Bonds – Municipal index performance \/ *<\/a> ECONOMICS<\/b><\/a><\/p>\n World – Capital expenditure by companies still stalling FT<\/a> *<\/a> *<\/a><\/p>\n US – Businesses Spend Money\u2013but Not Yet on Capital Projects wsj<\/a> *<\/a> POLITICS & FISCAL POLICY<\/b><\/a><\/p>\n Iraq – New Parliament to Convene and Start Choosing Key Leaders WSJ<\/a> *<\/a><\/p>\n Iraq – Iran-Saudi proxy war heats up as Isis entrenches FT<\/a> \/ S<\/a> *<\/a><\/p>\n Iraq – Rebels Extend Reach E<\/a> *<\/a><\/p>\n Iraq – Areas currently controlled by ISIS \/ afp<\/a> *<\/a><\/p>\n Iraq – Syria Borders \/ *<\/a><\/p>\n Iraq – Turkey ready to accept Kurdish state in historic shift FT<\/a> \/ FT<\/a> \/ NG<\/a> *<\/a> MONETARY POLICY<\/b><\/a><\/p>\n FINANCE<\/b><\/a><\/p>\n China – Regulator to Ease Rules on Banks’ Loan-to-Deposit Ratio WSJ<\/a> \/ b<\/a> *<\/a><\/p>\n China – World bank profits hit $920b as Chinese lenders boom R<\/a> \/ q<\/a> *<\/a><\/p>\n China – Banks’ profit growth to slow, risks rising R<\/a><\/p>\n China – The world’s top banks are changing their strips e<\/a> *<\/a> REAL ESTATE<\/b><\/a><\/p>\n France – Mortgage lending slumps in May despite low rates R<\/a> *<\/a> SERVICES<\/b><\/a><\/p>\n Taxis – US medallions have been a good investment for years q<\/a> *<\/a> *<\/a><\/p>\n Taxis – Green Cabs Gaining Ground in NYC WSJ<\/a> *<\/a> MANUFACTURING<\/b><\/a><\/p>\n Transit – Canada manufacturers cry foul over Buy American bill G&M<\/a> \/ CP<\/a> TECH<\/b><\/a><\/p>\n Telecoms – Fragmented industry undermines Europe\u2019s single-market dream FT<\/a> *<\/a> *<\/a> *<\/a> *<\/a> TRADE & TRANSPORTATION<\/b><\/a><\/p>\n Ship – As Panama Canal Expands, West Coast Ports Scramble NYT<\/a><\/p>\n Ship – West Coast Ports Set to Keep Humming WSJ<\/a> *<\/a> COMMODITIES<\/b><\/a><\/p>\n Metals – Iron: Investors Fret Over Flood of Ore WSJ<\/a> \/ FT<\/a> \/ N<\/a> \/ X<\/a> *<\/a> *<\/a><\/p>\n Metals – Iron: The Great Glut of China N<\/a> *<\/a><\/p>\n Metals – Iron: ‘China’s zombie industries menace global markets’ N<\/a> *<\/a><\/p>\n Metals – Aluminum: Japan premiums mostly set at record high R<\/a> *<\/a><\/p>\n Metals – Aluminum: Steer Clear of China Crush WSJ<\/a> *<\/a><\/p>\n Metals – Palladium: Supply uncertainty keeps prices at near record levels N<\/a> *<\/a> *<\/a><\/p>\n Metals – Gold: Geopolitical Unease Lifts Price, but for How Long? WSJ<\/a> *<\/a><\/p>\n Metals – Gold: Singapore seizes on soaring Asia demand FT<\/a> *<\/a><\/p>\n Metals – Copper: Prices Seen Marching Higher WSJ<\/a> \/ WSJ<\/a> *<\/a> ENERGY & ENVIRONMENT<\/b><\/a><\/p>\n Shale – US: PA Fracking study finds new gas wells leak more AP<\/a><\/p>\n Shale – US: ND’s Latest Fracking Problem WSJ<\/a><\/p>\n Shale – US: NY Communities Can Ban Fracking, Court Rules WSJ<\/a> *<\/a> LABOR & EDUCATION<\/b><\/a><\/p>\n HEALTH<\/b><\/a><\/p>\n Ebola – Crisis spreads R<\/a> \/ r<\/a> *<\/a> ENDNOTE<\/b><\/a><\/p>\n When to Expect the \u201cWarmest Day of the Year\u201d in US NOAA<\/a> *<\/a> Today\u2019s Issue Cluster: Metals China \u2013 World bank profits hit $920b as Chinese lenders boom Transit \u2013 Canada manufacturers cry foul over Buy American bill Ship \u2013 As Panama Canal Expands, West Coast Ports Scramble MAJOR DATA POINTS China – Jun: HSBC PMI shows first expansion in six months; 50.7 from 49.4 \/ R \/ […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/posts\/46856"}],"collection":[{"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/comments?post=46856"}],"version-history":[{"count":10,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/posts\/46856\/revisions"}],"predecessor-version":[{"id":46879,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/posts\/46856\/revisions\/46879"}],"wp:attachment":[{"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/media?parent=46856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/categories?post=46856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bznwz.com\/wp-json\/wp\/v2\/tags?post=46856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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