econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 09 June 2016

Early Headlines: Asia Stocks Down, Yen Up, So. Korea Cuts Rates, China Inflation Soft, Oil Reversal?, Draghi Buys Junk Bonds, Grace VanderWaal, Baghdad Bombings And More

Written by

Early Bird Headlines 09 June 2016

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

early-bird-301-180

Note: Due to technical difficulties, a part of this morning's article was lost.

Global

asia.pac.2016.jun.09

  • Energy is one of the largest consumers of water in a drought-threatened world (The Conversation) While currently about 16% of water usage in the world is for production of electricity, it is expected that water usage in that arena will nearly double by the 2030s. This can be reduced if certain technologies take over a larger portion of electricity generation. Wind is especially attractive in this regard.

water.for.electricity

  • Everything's a Buy as Central Banks Keep on Greasing Markets (Bloomberg) Misery is making strange bedfellows in global markets. At a time when risky assets including stocks, commodities, junk bonds and emerging-market currencies are rallying to multi-month highs, so are the havens, from gold, government bonds to the Swiss franc and the Japanese yen.

U.S.

  • I Don't Know My Name (YouTube) A 12-year-old ukulele player named Grace VanderWaal gets the golden buzzer when she takes a risk and performs an original tune, "I Don't Know My Name" on America's Got Talent. This video has more than 33 million views on Facebook and over a million more on YouTube in the first 24 hours. Econintersect: When do you think it will go viral?

EU

The ECB president said European leaders needed to become more open to trade, enabling companies to take advantage of the global supply chains that would produce goods with the most value. The most powerful quick win would be for politicians in Brussels to complete the single market in services.

  • Draghi Seen Buying Junk Debt Shows ECB Will Do Whatever It Takes (Bloomberg) Since a surprise interest-rate cut at his first meeting as European Central Bank President, Mario Draghi has shown a penchant for pushing the envelope. The bank's entry into the corporate bond market on Wednesday was no exception: buying bonds with junk ratings.

UK

  • Drug prices post-Brexit - an expensive pill to swallow? (The Conversation) If the UK votes to leave the European Union, would it still be able to enjoy benefits of a single market by being in the European Economic Area (EEA)? Or would it be on its own in the world? The outcome of that uncertain situation could have a big impact on one sector that is of crucial importance to millions of people - pharmaceuticals.

Iraq

  • More than 22 killed, 70 wounded, in two bombings in Baghdad: police (Reuters) More than 22 people were killed and 70 wounded in two separate bombings on Thursday in Baghdad, one targeting a commercial street and the other an army checkpoint. The attacks come as Iraqi forces are trying to dislodge Islamic State militants from Falluja, their stronghold just west of Baghdad. A car packed with explosive blew up in a commercial street of Baghdad al-Jadeeda (New Baghdad), an eastern district of the capital, killing at least 15 people and wounding over 50.

South Korea

  • In a surprise, Bank of Korea cuts rate to all-time low (MarketWatch) South Korea's central bank took markets by surprise by cutting its main policy rate Thursday to a record low, in a move to support the economy. The Bank of Korea lowered its base rate by a quarter of a percentage point to 1.25%, in response to growing pressure to ease policy and spur growth. It was the first rate cut for the BOK in a year.

China

  • China consumer prices rise 2 pct on-year in May vs expectations of a 2.3 pct rise: Reuters (CNBC) Price pressures in the world's most populous country eased last month on the back of falling food prices, data on Thursday showed. The government's consumer price index (CPI) rose an annual 2%, slower than April's 2.3% expansion and missing forecasts for a 2.3% increase. Food prices, a major component of the index, rose 5.9% compared to the same period a year ago, lagging April's 7.4% expansion. The soft inflation has fueled suggestions that more stimulus may be forthcoming.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Big Mess in Italy
Are You Feeling the Economic Surge?
News Blog
Early Headlines: Asia Stocks Up, Oil Down, GOP Healthcare, Trump Not Reagan Redux, EU Ending?, UK Lost Decade, Putin Taking Over Mid-East, Yuan 'Flash' Crash And More
December 5, 2016 Weather and Climate Report - December Update - Zonal Prevails
Irish Births And Baptisms Visualised
What Happens In The Smartphone Afterlife
Water Intoxication: Are We Drowning In Advice To Drink More Fluids?
The Worldwide Virtual Reality Market Is Set To Be Huge
Average Gasoline Prices for Week Ending 05 December 2016 Rose Over 5 Cents
What We Read Today 05 December 2016
Why We Have Different Blood Types
November 2016 Conference Board Employment Index Improved.
November 2016 ISM and Markit Services Index Mixed
Are All Collateralized Loan Obligations Equal?
A Third Of Homes Sold For The List Price Or More In August 2016
Investing Blog
Momentum Issues A Warning
The Great Bond Crash Of 2016: 05 December Update
Opinion Blog
The Shale-War Is Over
Fake Science
Precious Metals Blog
Silver Prices Rebounded Today: Where They Are Headed
Live Markets
05Dec2016 Market Close: US Markets Close Higher, WTI Crude Settles At $51.09, US Dollar Drops Below 100 Temporally
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government



Crowdfunding ....






























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved