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{"id":52976,"date":"2015-07-27T23:15:47","date_gmt":"2015-07-28T03:15:47","guid":{"rendered":"http:\/\/bznwz.com\/?p=52976"},"modified":"2015-07-28T11:22:58","modified_gmt":"2015-07-28T15:22:58","slug":"28-july-2015","status":"publish","type":"post","link":"https:\/\/bznwz.com\/28-july-2015","title":{"rendered":"28 July 2015"},"content":{"rendered":"


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


\n

Today\u2019s Issue Cluster: EU Economy<\/p>\n

Currencies \u2013 Rouble leads emerging-market currency rout
\nAir \u2013 Wanted: Pilots to Fly Looming $5.6t Jet-Order Surge
\nEl Nino \u2013 Likely to hit coffee, chocolate and sugar
\n
<\/code><\/p>\n


\n

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

UK – Q2: Economy grows; +0.7% from +0.4% \/ AP<\/a> \/ AFP<\/a> \/ R<\/a> \/ B<\/a> *<\/a><\/p>\n

US – Jul: ConfBd consumer confidence drops by most since 2011; 90.9 from 99.8 \/ R<\/a> \/ AP<\/a> \/ B<\/a> \/ WSJ<\/a><\/p>\n

US – May: Case-Shiller home price growth stalls; +4.9% \/ R<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Currencies – Rouble leads emerging-market currency rout FT<\/a> \/ AFP<\/a> *<\/a><\/p>\n

Currencies – Commodities slump testing resource-driven economies WSJ<\/a> *<\/a><\/p>\n

Currencies – Plenty of good reasons to think weak Aussie dollar here to stay FT<\/a> *<\/a><\/p>\n

Currencies – EM Asian currencies flag rising stress FT<\/a> *<\/a><\/p>\n

Currencies – Malaysia lets ringgit fall below 1998-2005 peg R<\/a> *<\/a><\/p>\n

Currencies – Yuan Pushes Deeper Into Global Financial System WSJ<\/a>
\n
<\/code><\/p>\n


\n

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

EU – 2015 GDP forecasts for France, Italy & Spain revised up \/ b<\/a> *<\/a><\/p>\n

Germany – The Graying of Small Business Managers WSJ<\/a> *<\/a><\/p>\n

Spain – GDP per capita is set to overtake that of Italy ft<\/a> *<\/a> *<\/a><\/p>\n

Portugal – On Road to Recovery Post-Bailout, But Scars Remain WSJ<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Greece – Tsipras pressured by covert drachma plan R<\/a> \/ FT<\/a> \/ B<\/a> \/ NYT<\/a> \/ NYT<\/a> \/ K<\/a><\/p>\n

Greece – Fear of the Unknown Binds a Deal With Few Believers WSJ<\/a> *<\/a><\/p>\n

Greece – More than one way to skin the loan FT<\/a> *<\/a><\/p>\n

Greece – Tide Turns for Shipping Industry WSJ<\/a> *<\/a> *<\/a><\/p>\n

EU – France\u2019s Hollande Proposes Creation of Euro-Zone Government B<\/a><\/p>\n

EU – Italy\u2019s Padoan calls for \u2018political union\u2019 to save euro FT<\/a><\/p>\n

Puerto Rico – Bondholders present rival recovery plan FT<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

ECB – IMF urges bank to use firepower aggressively FT<\/a><\/p>\n

Fed\/BOE – Take pole positions in rate race FT<\/a> *<\/a> *<\/a><\/p>\n

Fed\/BOE – Hint at rate rises in spite of unclear figures FT<\/a> *<\/a> *<\/a><\/p>\n

Fed – Economic Forecasts Released Early WSJ<\/a> \/ NYT<\/a> \/ FT<\/a> \/ R<\/a> \/ B<\/a> \/ ft<\/a> *<\/a><\/p>\n

Fed – Strengthening economy bolsters case for rate rise FT<\/a> \/ WSJ<\/a><\/p>\n

Fed – Closer to Hitting Its Inflation Target B<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Italy – Legal reforms may chip away at non-performing loans E<\/a> *<\/a><\/p>\n

Germany – Crowdfunders fear new risk rules FT<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

EU – QE feeding house price bubble, says study FT<\/a>
\n
<\/code><\/p>\n


\n

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

EU – A Monetary Culprit for Europe\u2019s Unemployment? WSJ<\/a> *<\/a><\/p>\n

EU – ‘Large increases in minimum wage could have severe effects’ E<\/a> *<\/a><\/p>\n

Germany – Rising Costs Strike at Competitiveness WSJ<\/a> \/ WSJ<\/a> *<\/a><\/p>\n

Germany – Incomes Leaving Rest of Eurozone Behind wsj<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Media – News business has the wind in its sails FT<\/a><\/p>\n

Media – The future of news: Stop the presses! FT<\/a> *<\/a> *<\/a> *<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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

PCs – Microsoft Changes Its Script With Free Windows 10 WSJ<\/a> *<\/a><\/p>\n

PCs – Market Drop Is Picking Up Pace \/ statista<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Air – Pilot Shortage Halves Republic Airways Stock WSJ<\/a> \/ B<\/a><\/p>\n

Air – Wanted: Pilots to Fly Looming $5.6t Jet-Order Surge B<\/a>
\n
<\/code><\/p>\n


\n

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

El Nino – Likely to hit coffee, chocolate and sugar AP<\/a> *<\/a><\/p>\n

El Nino – Asia grappling with a bigger, badder cycle N<\/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

UK Projected to Become The Largest Country In Europe dv<\/a> *<\/a>
\n
<\/code><\/p>\n


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