Lunes 16/04/12 Inventarios, manufactura NY, indice casas

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Lunes

Eventos economicos

Ventas retail
Manufactura en NY
Capital del Tesoro Internacional
Inventarios de Negocios
Indice del mercado de casas
Subasta de bonos
Habla Sandra Pianalto
James bullard habla

Entre los eventos mas importantes de la semana tenemos los inicios de casas, el libro rojo, la produccion industrial el Martes, las ventas de casas existentes, la actividad manufacturera en Philadelphia, los indicadores lideres el Jueves. No hay eventos el Viernes.

Retail Sales
8:30 AM ET


Empire State Mfg Survey
8:30 AM ET


Treasury International Capital
9:00 AM ET


Business Inventories
10:00 AM ET


Housing Market Index
10:00 AM ET


4-Week Bill Announcement
11:00 AM ET


3-Month Bill Auction
11:30 AM ET


6-Month Bill Auction
11:30 AM ET

Sandra Pianalto Speaks
12:30 PM ET


James Bullard Speaks
3:30 PM ET



ICSC-Goldman Store Sales
7:45 AM ET


Housing Starts
8:30 AM ET


Redbook
8:55 AM ET


Industrial Production
9:15 AM ET


4-Week Bill Auction
11:30 AM ET


Bank Reserve Settlement


MBA Purchase Applications
7:00 AM ET


EIA Petroleum Status Report
10:30 AM ET

Weekly Bill Settlement


Jobless Claims
8:30 AM ET


Bloomberg Consumer Comfort Index
9:45 AM ET


Existing Home Sales
10:00 AM ET


Philadelphia Fed Survey
10:00 AM ET


Leading Indicators
10:00 AM ET


EIA Natural Gas Report
10:30 AM ET


3-Month Bill Announcement
11:00 AM ET


6-Month Bill Announcement
11:00 AM ET


2-Yr Note Announcement
11:00 AM ET


5-Yr Note Announcement
11:00 AM ET


7-Yr Note Announcement
11:00 AM ET


5-Yr TIPS Auction
1:00 PM ET


Fed Balance Sheet
4:30 PM ET


Money Supply
4:30 PM ET

[admin]

Parada de utilidades

Construccion, manufactura y actividad industrial se reportaran la proxima semana,

Reportan el Lunes Citigroup, Charles Schwab; Gannett

Next Week’s Tape: Earnings Hit Parade Revs Up

By Kathleen Madigan
The goods-production side of the U.S. economy will be the focus of next week’s data as construction, manufacturing and other industrial activity will be reported.

The other big news will be earnings. Next week and the week after are the two heaviest weeks for earnings reports; the bulk of S&P 500 companies and Dow components will be reporting. When those weeks are done, we’ll have a strong idea of how good or bad the first quarter really was.

The factory reports will start with Monday’s Empire State survey by the Federal Reserve Bank of New York. The top-line business index is expected to slow to 17.5 in April, from 20.21 in March.

Another reading on April manufacturing will come Thursday with the Philadelphia Fed survey. The median forecast of economists surveyed by Dow Jones Newswires is that this region’s business index will ease down to 11.7 this month from 12.5 in March.

The nation-wide reading on March industrial activity will be reported Tuesday. Industrial production–which includes manufacturing, mining and utility output–is projected to post a 0.3% increase in March, after a flat reading in February.

March construction activity will be reported Tuesday. Housing starts are expected to rise to an annual rate of 705,000 while building permits are forecast to be little changed at a 713,000 pace.

Another housing report will cover March sales of existing homes. The median forecast is that resales were virtually flat at an annual rate of 4.61 million last month.

Economics

Monday

New York Fed’s Empire State survey (8:30 a.m.)

Retail sales (8:30)

Business inventories (10 a.m.)

Two Fed speakers: Cleveland’s Pinalto (12:30 p.m.) and St. Louis’ Bullard (3:30 p.m.)

Tuesday

Housing starts (8:30)

Building permits (8:30)

Industrial production and capacity utilization (9:15)

Thursday

Jobless claims (8:30)

Existing home sales (10 a.m.)

Philadelphia Fed manufacturing survey (10)

Leading indicators (10)

Earnings

Almost too many to mention, but highlights include:

Monday

Citigroup; Charles Schwab; Gannett

Tuesday

IBM; Goldman Sachs; Coca-Cola; Johnson & Johnson; Intel; Yahoo

Wednesday

American Express; eBay; Abbott Labs; Yum Brands

Thursday

Microsoft; Travelers; Bank of America; DuPont; New York Times; Morgan Stanley

Friday

General Electric; McDonalds; Schlumberger

data, Earnings, Next Week's Tape

[admin]

La caida de la semana pasada es la peor del anio.

El Dow Jones cayo por sexta vex en ocho sesiones, su caida es la peor de este anio, despues de las desalentadoras noticias de China y el alza del costo de la deuda de Espania.

TODAY'S MARKETSUpdated April 13, 2012, 5:00 p.m. ET
Stocks' Weekly Decline Is Worst This Year

By CHRIS DIETERICH
The Dow industrials fell for the sixth time in eight days, capping the biggest weekly decline this year, after disappointing economic data from China and rising borrowing costs in Spain damped sentiment.

Stocks fell as disappointing data from China weighed on sentiment and offset earnings from Google, J.P. Morgan Chase and Wells Fargo that exceeded Wall Street's expectations. Laura Mandaro reports on Markets Hub. Photo: AP.
The Dow Jones Industrial Average dropped 136.99 points, or 1.1%, to 12849.59, while the Standard & Poor's 500-stock index lost 17.31 points, or 1.3%, to 1370.26, also down six of the past eight sessions. The Nasdaq Composite shed 44.22 points, or 1.5%, to 3011.33. The Dow industrials tumbled 1.6% this week. The S&P 500 lost 2% and the technology-oriented Nasdaq shed 2.3%, also their largest weekly drops this year.

» Stocks opened lower after data showed China's economy expanded at its slowest pace in three years last quarter and as rising bond yields in Spain intensified investors' concerns about Europe's sovereign-debt issues. Better-than-expected earnings from Google, GOOG -4.06%J.P. Morgan Chase JPM -3.64%and Wells Fargo WFC -3.47%couldn't offset those worries, as the stocks fell amid a broad market decline. Losses accelerated late in the session and indexes ended Friday near session lows.

"Investors are trying to decide if this is a soft patch or a correction," said Jeff Schwarte, U.S. equities portfolio manager at Principal Global Investors in Des Moines, Iowa.

The S&P 500 has fallen 3.4% since April 2, when the index closed at a nearly four-year high.

"Spanish and Italian debt issues haven't gone away. In the first quarter, liquidity helped bring down bond yields, but there's volatility around those numbers now that we seem to have exhausted the [European Central Bank's long-term refinancing operation]," Mr. Schwarte said.

Financial-sector stocks led the market lower, and Bank of America, BAC -5.34%down 49 cents, or 5.3%, to $8.68, was the Dow's biggest decliner. J.P. Morgan fell 1.63, or 3.6%, to 43.21, after posting first-quarter results that exceeded expectations, but recorded a 3.1% decline in net income. The bank raised its dividend and unveiled a $15 billion stock buyback.

Technology stocks, including Hewlett-Packard, HPQ -2.11%down 53 cents, or 2.1%, to 24.57, also slumped.

Google declined 26.41, or 4.1%, to 624.60, after the Internet-search company reported first-quarter earnings and revenue that beat expectations late Thursday, though the average price it charged for each ad click was lower than expectations. The company also said it would create a new class of nonvoting stock that will be distributed to current shareholders as a dividend, effectively a 2-for-1 stock split.

Friday's stock declines followed losses in Europe. The Stoxx Europe 600 fell 2.2%, and Spain's IBEX 35 slumped 3.6%, to a three-year low, after data showed Spanish bank borrowing from the European Central Bank surged to highs in March, a sign of withering demand from global investors. Yields on 10-year Spanish bonds rose, and insurance-like credit-default swaps on Spanish bonds climbed to a record.

Asian bourses mostly rose, but pared gains after China reported gross domestic product rose 8.1% in the first quarter, below forecasts for an 8.3% gain. China's Shanghai Composite rose 0.4%, and Japan's Nikkei Stock Average gained 1.2%.

Crude-oil prices eased 0.8%, to $102.83 a barrel, while gold prices slipped 1.2%, to $1,659.10 a troy ounce. The dollar rose against both the euro and yen. The yield on the 10-year Treasury note fell to 1.996% as prices rose.

In other corporate news, Coinstar CSTR +7.29%rose 4.47, or 7.3%, to 65.78, after the company raised its earnings and revenue forecasts for its first quarter and full year, saying it experienced increased consumer demand at its Redbox movie-rental kiosks.

Bank of the Ozarks OZRK -2.88%fell 89 cents, or 2.9%, 30.04, after reporting that first-quarter earnings rose 23%, led by growth in the company's interest income and as gains from service charges boosted noninterest income. But loan growth fell short of expectations and net interest margin also decreased.

Dow Chemical DOW +1.62%rose 53 cents, or 1.6%, 33.20, after the company's board approved a 28% increase in the quarterly dividend, reflecting confidence in its prospects.

Cheniere Energy LNG +7.39%rose 1.16, or 7.4%, 16.86, after the Federal Energy Regulatory Commission said Thursday that it plans to take up the company's application to build an export facility in Louisiana when its members meet later this month. If the regulator approves the project, Cheniere will become the first company in years to get approval to export liquefied natural gas from the U.S.

[admin]

Europa esta buscando agrandar el fondo de rescate del IMF. Espana en la mira.

Se espera que laas ventas retail hayan subido.

[admin]

Las ventas de casas en China cayeron 18% en el primer trimestre.

[admin]

Best Buy cerrrara 40 tiendas.

[admin]

Credit Suisse podría recortar 5.000 puestos de trabajo: reporte
domingo 15 de abril de 2012 08:13 GYT
Imprimir[-] Texto [+] ZURICH (Reuters) - El banco suizo Credit Suisse podría anunciar el recorte de hasta 5.000 puestos de trabajo en su negocio de banca de inversión, cuando divulgue sus resultados del primer trimestre, dijo el domingo un diario suizo.
Citando una estimación realizada por un miembro de la alta gerencia, el diario Sonntag dijo que el banco podría recortar unos 5.000 empleos.

Está previsto que el banco informe sus resultados del primer trimestre el 25 de abril.

Credit Suisse terminó el 2011 con 20.900 banqueros de inversión, 200 más que al inicio del año. El número de personal en todo el banco se mantuvo estable, incluso después de que dos rondas de recortes eliminaran el 7 por ciento de la plantilla global del banco, o 3.500 puestos de trabajo.

El banco con sede en Zúrich ha enfrentado recientes críticas de parte de los accionistas por el tamaño y el costo de su banco de inversiones, elevando la presión sobre Brady Dougan, jefe ejecutivo de la firma, para realizar recortes.

Una portavoz del banco no quiso hacer comentarios o confirmar el informe.

[Comodoro]

Los graficos del dia,
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[admin]

Companias Chinas se van de compras a Japon, estan comprando las companias Japonesas.

De esta manera China esta ayudando a Japon a reconstruir sus negocios.

In a Shift, Chinese Capital Flows to Japanese Firms

By YUKA HAYASHI
TOKYO—As the fortunes of Asia's two largest economies diverge, Chinese companies are stepping up acquisitions in Japan—a trend likely to accelerate as it relies on China's growing wealth to help rebuild Japan's businesses.

Over the past several months, Chinese companies have stepped in to save a string of Japanese companies that were desperate for funding.

Chinese private-equity firm Hony Capital is bidding with U.S.-based TPG for Japanese semiconductor maker Elpida Memory Inc. Last month Taiwan-based Hon Hai Precision Industry Co., 2317.TW +0.44%better known as Foxconn and which operates extensive contract-manufacturing facilities in China, said it would take a 10% stake in Japanese electronics manufacturer Sharp Corp. 6753.TO -2.47%Also last month, Panasonic Corp. 6752.TO -2.99%sold some of its household-appliances operations to China's Haier Electronics Group Inc. 1169.HK +0.95%Chinese computer maker Lenovo Group Ltd. 0992.HK +1.09%last year formed a personal-computer joint venture in Japan with NEC Corp. 6701.TO -0.64%
Such deals signal a new phase in the investment dynamics between the two countries. For decades, capital flowed one way—from Japan to China—led by Japanese companies building factories in China. Such investments are continuing, and even picking up speed as Japanese companies flee rising manufacturing costs at home.

But now, capital is flowing the other way, too, as Japanese companies—with domestic sales hurt by a shrinking market and exports pummeled by a strong yen—seek to unload unprofitable operations or raise funds for restructuring.

"Japanese companies have long assumed they would not be bought by Chinese companies," says Takashi Nomura, an attorney specializing in Chinese businesses at Nishimura Asahi, a large Japanese law firm. "Now, receiving capital injections from Chinese companies and seeking their help in penetrating the Chinese market is seen as a viable option."

Sakae Takatsuka, president of NEC Personal Computers, the joint venture in which Lenovo owns a 51% stake, said NEC executives initially were nervous about working with a Chinese company but were reassured by its world-wide presence. "When we embrace the strength of global companies like Lenovo, Japan's technological expertise receives a further boost," he said.

It is hard to calculate how Chinese investment in Japan has grown as investments are often made through third countries, such as Singapore, the Cayman Islands and Hong Kong, in part to avoid attracting attention and friction, economists say. Net direct investments from mainland China hit a record of ¥27.6 billion ($341.1 million) in 2010—more than 20 times the level of five years earlier, according to Japan's Finance Ministry. That still was small compared with investment from countries such as the U.S., with ¥278 billion. Investments from all countries into Japan dropped sharply last year because of the March earthquake and tsunami but appear to be recovering.

Experts tracking individual deals say Chinese money already is a significant presence. From April 2003 to March 2011, Chinese companies accounted for 89 of the 901 inward investment deals coordinated by the Japan External Trade Organization, a government trade and investment-promotion body. That placed China in second place, after the U.S. with 272 deals. Mikihiko Shimizu, a Jetro director in charge of promoting inbound investments, says he expects to see more Chinese money hitting Japan's shores.

Chinese companies investing in Japan often are attracted by their targets' technology and reputation, says Kotaro Masuda, a senior researcher at the Institute for International Trade and Investment, which is affiliated with an industry association of trading companies. "They want to leverage Japanese technology and brand imageto better compete with their domestic rivals and gain share in the home market," he says.

Some of Japan's largest banks, such as Mitsubishi UFJ Financial Group Inc., MTU +0.41%are expanding services to help Chinese companies seek out investment opportunities in Japan.

And the Japanese government has begun offering incentives to attract foreign investment, such as tax breaks for foreign companies that set up research facilities or regional headquarters in Japan.

Alarmed by the exodus of Japanese manufacturers to lower-cost nations, some regional governments and business communities also are wooing Chinese investors—an activity unthinkable in the past, since xenophobic sentiment tends to run particularly deep outside Japan's big cities. Some of the recent investments aided by Jetro, albeit small, took place in rural prefectures.

"As we look across the country, we see far fewer allergic reactions to foreign capital," Mr. Shimizu says.

A company from Jiangu, China, recently signed a ¥1 billion deal to build a new factory in Kochi prefecture on the western island of Shikoku to make hydraulic-drive systems used in construction machinery. And Jinglong Plastic Compound Color Printing Co. of Qindao, China, is opening a plastic-wrapping factory this month in an abandoned elementary school building in the western Japanese city of Tottori.

[admin]

Treasurys Price Chg Yield %
2-Year Note* 0/32 0.270
10-Year Note* 1/32 1.988
* at close

7:09 p.m. EDT 04/15/12Futures Last Change Settle
Crude Oil 102.44 -0.39 102.83
Gold 1653.9 -6.3 1660.2
E-mini Dow 12778 -10 12788
E-mini S&P 500 1364.25 -0.75 1365.00

7:35 p.m. EDT 04/15/12Currencies Last (mid) Prior Day †
Japanese Yen (USD/JPY) 80.89 80.92
Euro (EUR/USD) 1.3064 1.3078
† Late Friday in New York.

[admin]

EEUU dice pacto comercial Colombia entrará en vigencia en mayo
domingo 15 de abril de 2012 16:54 GYT
Imprimir[-] Texto [+] Por Laura MacInnis
CARTAGENA, Colombia (Reuters) - El Tratado de Libre Comercio entre Estados Unidos y Colombia entrará en vigencia el próximo mes, antes de lo esperado, como resultado de lo que el Gobierno de Barack Obama calificó de "histórico" avance del país sudamericano en la defensa de los trabajadores y los derechos humanos.

El anuncio se produjo durante la Cumbre de las Américas que se celebró en Colombia, donde el presidente Obama se reunió con líderes políticos y empresarios de la región, incluyendo el mandatario colombiano Juan Manuel Santos, en busca de un mayor acceso a las exportaciones estadounidenses.

El representante de Comercio estadounidense, Ron Kirk, dijo a reporteros en la ciudad caribeña de Cartagena que el acuerdo de libre comercio que Obama suscribió en octubre sería implementado el 15 de mayo, bastantes meses antes de lo que muchos esperaban.

"Creemos que este es un paso histórico", dijo Kirk.

El débil récord de Colombia sobre protección a sindicalistas, que incluye asesinatos y ataques a líderes de trabajadores que no han sido investigados, mantuvo congelado el tratado por años.

Algunos sindicatos estadounidenses poderosos políticamente, como el AFL-CIO, se habían opuesto al pacto -que fue negociado extensamente en el Gobierno del ex presidente estadounidense George W. Bush- por el hecho de que Colombia carecía de la capacidad de asegurar la protección de sus trabajadores.

El domingo, funcionarios del Gobierno de Obama dijeron que la creación de un nuevo Ministerio del Trabajo en Colombia, la persecución de los crímenes contra sindicalistas y medidas para frenar la discriminación contra afro-colombianos y mujeres habían mitigado sus preocupaciones y hecho posible llevar adelante el acuerdo.

La secretaria de Trabajo estadounidense, Hilda Solís, dijo que los funcionarios de su país han estado trabajando de cerca con Colombia sobre temas de derechos laborales en el último año y Estados Unidos cree que ha habido "avances significativos".

"Sin embargo, nosotros sabemos que todavía existen desafíos, como cualquier nuevo plan", agregó.
Gran parte de los productos colombianos que van a Estados Unidos ya están libres de arancel gracias a un programa de preferencias comerciales.

Cuando entre en vigencia, el Tratado de Libre Comercio (TLC) firmado por Obama en octubre eliminará la mayoría de los aranceles que ahora impone Colombia a los bienes agrícolas y manufacturados estadounidenses.

La Cámara de Comercio de Estados Unidos recibió con beneplácito la noticia de la implementación del acuerdo el 15 de mayo que, según dijo, "abre la puerta a nuevas oportunidades de negocios, crecimiento económico y creación de empleo". Resaltó que el intercambio entre su país y Colombia llegó a unos 14.000 millones de dólares el año pasado.

El congresista republicano Dave Camp, presidente de la Comisión de Medios y Arbitrios de la Cámara de Representantes, calificó el acuerdo para implementar rápidamente el tratado como "causa de celebración".

Pero el presidente de la confederación sindical AFL-CIO, Richard Trumka, afirmó que la decisión era "profundamente decepcionante y problemática", puesto que describió como "prematuro" el respaldo a Colombia en cuanto a la protección sindical.

"Lamentamos que el Gobierno haya colocado los intereses comerciales por sobre los intereses de los trabajadores y de sus sindicatos", agregó.

[admin]

5:27 p.m. EDT 04/13/12Treasurys
    Price Chg Yield %
2-Year Note*   0/32 0.270
10-Year Note*   1/32 1.988
* at close
9:01 p.m. EDT 04/15/12Futures
  Last Change Settle
Crude Oil 102.09 -0.74 102.83
Gold 1654.0 -6.2 1660.2
E-mini Dow 12751 -37 12788
E-mini S&P 500 1360.50 -4.50 1365.00
9:11 p.m. EDT 04/15/12Currencies
  Last (mid) Prior Day †
Japanese Yen (USD/JPY) 80.94 80.92
Euro (EUR/USD) 1.3016 1.3078
† Late Friday in New York.

[admin]

Copper April 15,20:59
Bid/Ask 3.6157 - 3.6164
Change -0.0387 -1.06%
Low/High 3.6134 - 3.6557
Charts

Nickel April 15,20:58
Bid/Ask 8.1995 - 8.2422
Change -0.0650 -0.79%
Low/High 8.1972 - 8.3220
Charts

Aluminum April 15,20:58
Bid/Ask 0.9137 - 0.9145
Change -0.0022 -0.24%
Low/High 0.9120 - 0.9172
Charts

Zinc April 15,20:58
Bid/Ask 0.8988 - 0.8999
Change -0.0043 -0.48%
Low/High 0.8971 - 0.9037
Charts

Lead April 15,20:57
Bid/Ask 0.9250 - 0.9274
Change -0.0121 -1.29%
Low/High 0.9226 - 0.9394
Charts

[admin]

Los futures del Dow Jones 35 puntos a la baja.

Yen down 80.95

Euro down 1.3021

Los yields de España arriba de 6%

Korea -1.13%

Oil down 102.13

Au down 1,651.71

Ag down 31.37

[admin]

Asia-Pacific
INDEX VALUE CHANGE % CHANGE TIME
NIKKEI 225 9,494.09 -143.90 -1.49% 20:50
S&P/ASX 200 INDEX 4,292.40 -30.91 -0.71% 21:10