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{"id":51749,"date":"2015-05-05T22:55:09","date_gmt":"2015-05-06T02:55:09","guid":{"rendered":"http:\/\/bznwz.com\/?p=51749"},"modified":"2015-05-06T11:48:31","modified_gmt":"2015-05-06T15:48:31","slug":"6-may-2015","status":"publish","type":"post","link":"https:\/\/bznwz.com\/6-may-2015","title":{"rendered":"6 May 2015"},"content":{"rendered":"


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


\n

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

Greece \u2013 Overturns civil service reforms
\nChina \u2013 Passes Mexico as the Top Source of New US Immigrants
\nHotels \u2013 US chains raise rates as travel picks up
\nRail \u2013 New US rules will slow shipping and reduce capacity, BNSF says
\n
<\/code><\/p>\n


\n

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

EZ – Apr: Final Markit composite PMI rises; 53.9 was 53.5 \/ AP<\/a> \/ WSJ<\/a> \/ R<\/a> *<\/a><\/p>\n

EZ – Mar: Retail sales fell; -0.8%, +1.6% yr \/ R<\/a> *<\/a><\/p>\n

US – Apr: ADP private payrolls growth moderates; +169k from +175k \/ WSJ<\/a> \/ R<\/a> \/ *<\/a><\/p>\n

US – Q1: Productivity drops; -1.9% from -2.1% \/ AP<\/a> \/ WSJ<\/a> \/ R<\/a> \/ B<\/a>
\n
<\/code><\/p>\n


\n

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

Bonds – World: Rising yields spark rush for exits FT<\/a><\/p>\n

Bonds – US: Bankers and Regulators Voice Fears on Volatility NYT<\/a> \/ R<\/a> *<\/a><\/p>\n

Bonds – US: Japan Insurers Pile Into Treasuries WSJ<\/a> *<\/a><\/p>\n

Bonds – EZ: Chances for Return on Government Debt Diminish WSJ<\/a> *<\/a><\/p>\n

Bonds – Germany: Does About-Face as Yields Rise NYT<\/a> \/ t<\/a> *<\/a><\/p>\n

Bonds – Germany: Reversal a Welcome Risk Reminder WSJ<\/a> *<\/a> *<\/a><\/p>\n

Bonds – Japan: Foreign investors gobbling up government debt N<\/a> *<\/a> *<\/a><\/p>\n

Bonds – EMs: The calm before the tantrum E<\/a> *<\/a><\/p>\n

Bonds – LatAm: Will be the hardest hit of EMs as the Fed tightens FT<\/a>
\n
<\/code><\/p>\n


\n

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

Australia – Seeks Cure for Its Mining Hangover WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Greece – Overturns civil service reforms FT<\/a><\/p>\n

Greece – ECB Mulls Tighter Rules B<\/a><\/p>\n

Greece – ‘EU more relaxed about contagion than in 2010?’ rbs<\/a> *<\/a><\/p>\n

Greece – European Commission slashes growth forecast FT<\/a> \/ WSJ<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

Greece – Trading in Government Bonds Slows to a Trickle WSJ<\/a> *<\/a><\/p>\n

Greece – Moody’s cut credit rating deeper into junk territory r<\/a> *<\/a><\/p>\n

Greece – Five Years After First Bailout, Back on the Brink WSJ<\/a> \/ FT<\/a> \/ AFP<\/a> *<\/a><\/p>\n

Greece – ‘Grexit may be the best end for a bad marriage’ ft<\/a>
\n
<\/code><\/p>\n


\n

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

RBA – Australia Cuts Benchmark Rate to Record Low 2% WSJ<\/a> \/ FT<\/a> \/ R<\/a> \/ B<\/a> \/ AP<\/a> \/ ABC<\/a> \/ SMH<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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

Australia – New home sales hit five-year high Aus<\/a><\/p>\n

Australia – Worry over debt as house prices rise WSJ<\/a> \/ ABC<\/a> \/ Aus<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

China – \u2018Migrant miracle\u2019 nears an end as cheap labor dwindles FT<\/a> \/ FT<\/a> \/ FT<\/a> \/ FT<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

China – Three things we learned from making a migration choropleth ft<\/a> *<\/a><\/p>\n

China – Passes Mexico as the Top Source of New US Immigrants wsj<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Hotels – US chains raise rates as travel picks up R<\/a><\/p>\n

Hotels – At Record Occupancy Pace in 2015 cr<\/a> *<\/a><\/p>\n

Hotels – REITs underperform despite record rates and occupancies WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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

Mobiles – Racing Against Google to Sell Wi-Fi Phones WSJ<\/a><\/p>\n

Mobiles – Will cell towers soon become obsolete? CNBC<\/a>
\n
<\/code><\/p>\n


\n

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

Rail – Norfolk Southern Blasts Oil-Train Rules WSJ<\/a><\/p>\n

Rail – New US rules will slow shipping and reduce capacity, BNSF says G&M<\/a> *<\/a><\/p>\n

Rail – Canadian oil trains shift to carry less-volatile crude R<\/a><\/p>\n

Rail – New Rules Are Big Brake for Two Suppliers WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Water – Nowhere Is Safe From California Drought WSJ<\/a> \/ NYT<\/a> *<\/a><\/p>\n

Water – Latest Victim of California\u2019s Drought: Utility Bonds WSJ<\/a> *<\/a><\/p>\n

Water – Huge China diversion project runs into budgetary constraints WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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


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


\n

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

Distribution of blood type in the world tslt<\/a>
\nType O:
*<\/a>
\nType A:
*<\/a>
\nType B:
*<\/a>
\nType AB:
*<\/a>
\n
<\/code><\/p>\n


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