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{"id":55087,"date":"2015-12-03T23:04:06","date_gmt":"2015-12-04T04:04:06","guid":{"rendered":"http:\/\/bznwz.com\/?p=55087"},"modified":"2015-12-04T10:13:57","modified_gmt":"2015-12-04T15:13:57","slug":"4-december-2015","status":"publish","type":"post","link":"https:\/\/bznwz.com\/4-december-2015","title":{"rendered":"4 December 2015"},"content":{"rendered":"


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


\n

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

ECB \u2013 Draghi\u2019s Weeks of Rhetoric Culminate in Stumble on Stimulus
\nEU \u2013 Emerging banks: signs of a turnround?
\nAustralia \u2013 House prices are cooling, not crashing: Citi
\n
<\/code><\/p>\n


\n

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

Germany – Oct: Factory orders rebound; +1.8% from -0.7% \/ AFP<\/a> *<\/a><\/p>\n

US – Nov: Jobs data boosts case for rate rise; +211k from +298k \/ FT<\/a> \/ NYT<\/a> \/ R<\/a> \/ B<\/a> \/ WSJ<\/a> *<\/a><\/p>\n

US – Oct: Exports hit three-year low; $184b from $187b \/ R<\/a> \/ WSJ<\/a> \/ B<\/a>
\n
<\/code><\/p>\n


\n

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

Stocks – Europe poised for recovery mode FT<\/a> *<\/a> *<\/a> *<\/a> *<\/a><\/p>\n

Stocks – Equities call favours EZ over US FT<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Australia – Aussie Turns Away From Iron WSJ<\/a> *<\/a><\/p>\n

Australia – Q3 capex decline was the worst on record SMH<\/a> *<\/a><\/p>\n

Australia – Chinese bid for grid tests priorities FT<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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

ECB – Slices key interest rate to new historic low FT<\/a> \/ WSJ<\/a> \/ R<\/a> \/ NYT<\/a> \/ nyt<\/a> *<\/a><\/p>\n

ECB – Lifts QE to at Least \u20ac1.5t B<\/a> *<\/a><\/p>\n

ECB – Modest moves dash investor hopes FT<\/a> \/ R<\/a> \/ WSJ<\/a> \/ FT<\/a> \/ FT<\/a> \/ FT<\/a> *<\/a><\/p>\n

ECB – Draghi’s Weeks of Rhetoric Culminate in Stumble on Stimulus B<\/a> *<\/a><\/p>\n

ECB – Cancels Regional Currency War B<\/a><\/p>\n

ECB – Rates scenario guide ft<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

EU – ECB Policies Get Credit From Banks WSJ<\/a> *<\/a><\/p>\n

EU – Bad Loans Hobble Banks\u2019 Recovery WSJ<\/a> *<\/a><\/p>\n

EU – Emerging banks: signs of a turnround? FT<\/a> *<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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

Australia – House prices are cooling, not crashing: Citi SMH<\/a> *<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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


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


\n

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


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


\n

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

Uber – Raises Funding at $62.5b Valuation B<\/a> \/ NYT<\/a> \/ WSJ<\/a> \/ B<\/a> *<\/a><\/p>\n

Uber – Four Rivals Are Now in International Alliance WSJ<\/a> \/ R<\/a> \/ FT<\/a> \/ NYT<\/a>
\n
<\/code><\/p>\n


\n

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


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


\n

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

Metals – China cuts deepen as short selling intensifies FT<\/a> *<\/a><\/p>\n

Metals – Deepening Rout B<\/a> *<\/a><\/p>\n

Metals – Output cuts fail to stem price rout FT<\/a> \/ WSJ<\/a> *<\/a> *<\/a><\/p>\n

Metals – Should Treasury Ditch the Penny? It\u2019s Under Review wsj<\/a> *<\/a><\/p>\n

Copper – Slump Seen Extended as Miners Look to ‘Tough It Out’ B<\/a> \/ FT<\/a> *<\/a><\/p>\n

Copper – Miners\u2019 Pain Doesn\u2019t Stop Buildup WSJ<\/a> \/ WSJ<\/a> *<\/a><\/p>\n

Copper – China Demise Threatens 11-Year Support Level R<\/a> *<\/a><\/p>\n

Copper – Water Troubles in Chilean Town Threaten Global Supply WSJ<\/a> *<\/a><\/p>\n

Copper – Iran’s Mines Could Bring in Even More Cash Than Crude B<\/a> *<\/a><\/p>\n

Copper – Prices Rise on Possible Output Cuts by Chinese Producers WSJ<\/a><\/p>\n

Iron – Rinehart to Flood Market With Fresh Supply WSJ<\/a><\/p>\n

Iron – Crash Turns Up Heat on Miners WSJ<\/a> *<\/a><\/p>\n

Iron – China\u2019s biggest steel companies have lost $11b FT<\/a> *<\/a><\/p>\n

Iron – Why China’s Steel Mills Won’t Cut Back Production B<\/a> *<\/a><\/p>\n

Nickel – Hiatus may be brief without output cuts, stronger demand R<\/a> *<\/a><\/p>\n

Gold – Half of Output May Not Be \u2018Viable\u2019 B<\/a> \/ FT<\/a><\/p>\n

Platinum – Volkswagen emissions scandal heightens concerns FT<\/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

Deep-fried potato according to Australia motw<\/a> *<\/a>
\n
<\/code><\/p>\n


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