Jueves 26/08/10 Seguros de desempleo

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Eventos economicos

Jueves

Solicitudes de seguro de desempleo
Subasta de bonos
Balance del Fed
Money supply

Weekly Bill Settlement

52-Week Bill Settlement


Jobless Claims
8:30 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


7-Yr Note Auction
1:00 PM ET


Fed Balance Sheet
4:30 PM ET


Money Supply
4:30 PM ET

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Metales al alza

Copper August 25,21:50
Bid/Ask 3.2521 - 3.2566
Change +0.0295 +0.91%
Low/High 3.2181 - 3.2657
Charts

Nickel August 25,21:30
Bid/Ask 9.2601 - 9.3054
Change +0.1157 +1.26%
Low/High 9.1285 - 9.3054
Charts

Aluminum August 25,21:22
Bid/Ask 0.8909 - 0.8932
Change +0.0086 +0.98%
Low/High 0.8823 - 0.8932
Charts

Zinc August 25,21:40
Bid/Ask 0.9056 - 0.9101
Change +0.0227 +2.57%
Low/High 0.8829 - 0.9101
Charts

Lead August 25,14:30
Bid/Ask 0.8878 - 0.8923
Change +0.0091 +1.03%
Low/High 0.8787 - 0.8923
Charts

[admin]

Los futures del Dow Jones 4 puntos al alza.

El Hang Seng -0.15%, el Shanghai C. +0.23%, Korea +0.33%, Australia +0.27%

Oil up 72.79, au down 1,241.20, futures cu up 3.2790

Yen down 84.67

Euro up 1.2664

Hay que esperar a ver como vienen los seguros de desempleo a las 8:30 a.m.

[admin]

Como les gusta esa palabra.

Inesperadamente la inversion en los negocios bajo 4% en Australia.

El deficit de China con los demas paises del sur del Asia aumenta.

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El ID para la clase es 277-443-585

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Roubini dijo que el crecimiento del tercer trimestre sera menos a 1% en US. Para variar siempre el tan optimista.

[admin]

El yen cae, el euro sube, el petroleo al alza, el cobre al alza. Todo tranquilo a esta hora.

[admin]

Obama ha interrumpido sus vacaciones para hacer una llamada a sus asesores ante el pedido oficial de la minoria republicana de que despida a Geithner y Summers los cabezas de su equipo economico.

[admin]

La ironia Japonesa: moneda fuerte, economia debil

El yen es fuerte por que el Banco de Japon no puede recortar los intereses.

La economia Japonesa es una de las peores en los ultimos 20 anios, sin embargo los inversionistas parecen no poder comprar suficientes yenes.

El yen esta en sus niveles mas altos desde 1995.

Japon esta en deflation por muchos anios, su poblacion envejece y declina, el gobierno tiene problemas con la deuda tan grande. El Nikkei despues de soprepasar los 37000 puntos en 1990 ahora esta sentado en niveles alrededor de 8845.

La deuda de Japon es el 200% de su economia, lo que los salva es que la deuda Japonesa esta en manos de los mismos bancos y corporaciones Japonesas. Eso evita que haya un exodo al extranjero que debilitaria al yen.

A diferencia de Japon, US tiene la mitad de su deuda en manos de extranjeros especialmente China y Japon.

Behind Japan's Allure: Stagnancy
By DAISUKE WAKABAYASHI And TAKASHI MOCHIZUKI
Japan's economy is among the world's worst performers over the past 20 years—yet investors can't seem to get enough of its currency.

The Japanese yen has risen sharply in recent weeks versus the U.S. dollar, and now sits at its highest level since 1995.

While the U.S. economy seems to have slowed in recent months, Japan's woes have been mounting for two decades. Policy makers continue to wage a losing battle against deflation; the population is aging and in decline; and the government is struggling with a mountain of debt. The Nikkei Stock Average of 225 companies, having surpassed 37000 in 1990, now hovers at about 8845.

As safe havens go, Japan would seem to be a poor choice. In a sign of troubled financial times, however, this go-nowhere economy is trumping the alternatives.

"Japan plods along—the economy isn't necessary fast, but it doesn't move that much," said Douglas Borthwick, Managing Director of Faros Trading LLC. "The U.S. is moving down quickly."

Money managers and big investors are betting that, with interest rates already near zero in Japan, the famously conservative Bank of Japan won't move aggressively to loosen its monetary policy, which would weaken the yen. (Please see related article on page C2.)

The U.S. Federal Reserve, by contrast, signaled recently that it would remain an active player in U.S. debt markets. The Fed has aggressively expanded its balance sheet since the financial crisis of 2008, creating several vehicles through which to flood the banking system with fresh dollars. Its recent announcement could pave the way for more moves in the months ahead.

The yen is seen as a haven because the Bank of Japan, shown here, doesn't have much room to cut interest rates.
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Speculators who are driving the yen higher may feel more "peace of mind" because the Bank of Japan is the least likely of the major central banks to do something drastic, said Hajime Kitano, J.P. Morgan Chase's chief Japanese equities strategist.

"Buying the yen is very easy to justify because the BOJ has less room to ease its policy than the Fed," added Jun Kato, senior manager of investment at Shinkin Asset Management.

The Bank of Japan is expected to announce some easing measures after its Sept. 6-7 policy meeting. But investors bidding up the yen expect little more than a minor tweak—not a radical policy change.

Another reason Japan is considered safe is that the vast majority of the government's debt, equivalent to 200% of gross domestic product, is in the hands of major Japanese banks and corporations. That protects the market from a flight of foreign capital that could spark a run on the yen.

By contrast, almost half of U.S. Treasurys are held by foreign investors. China and Japan are the two largest holders.

Buying the yen is "probably one of the surest bets in the world," said James Chirnside, director at Asia Pacific Asset Management, who expects the yen to continue to rise.

[admin]

Japon deja a todos rascandose la cabeza, ciertamente son una cultura unica.

[admin]

Todo esta distorsionado, el oro ya no se comporta como un commodity si no como una moneda.

Este articulo dice que el petroleo esta subiendo mas empujado por el stock market que por la demanda o el alza de los inventarios.

Oil and Stocks, Sitting In A Tree …

By Neil Shah

Oil prices slumped Wednesday, yet now they’re strangely higher. The curious move may have more to do with stocks than oil.

As the WSJ’s Carolyn Cui recently reported, crude oil may now be more influenced by the stock market than its own inventory levels or demand patterns. Earlier this month, Cui pegged the correlation between crude and the Standard & Poor’s 500-stock index at around 70%, roughly double the average since 2008.

That love fest seemed to be in evidence Wednesday. Oil futures dipped as low as $70.76 a barrel, the lowest since June 8, after a weekly report showed that U.S. crude, gasoline and distillate inventories got large, unexpected increases last week. That makes sense: If there’s more supply of oil, prices should fall, along with share prices of companies in the energy sector.

But instead, oil prices later popped higher, trading up 1.4% at $72.52. That seems to mirror what happened with stocks, where the Dow briefly sunk below 10,000 for the second straight day, before jumping higher. The S&P 500 also dipped and then delivered.

The Dow is now up 31 points, or 0.3%, at 10,067. The S&P 500 is up 4.6 points, or 0.4%, at 1056.

[admin]

Los futures del Dow Jones 14 puntos al alza.

[admin]

Siguiendo el alza en el Asia, Europa esta al alza y los futures del Dow Jones estan 21 puntos al alza. La baja del yen ayudo.

Yields up 2.51% pero en niveles muy bajos todavia.

Libor down 0.30%

Au up 1,244.20, oil up 73.39, futures cu up 3.2840

Euro up 1.2711, el yen subiendo 85.54

U2 por primera vez se presento en Rusia. Le pidieron a ese gobierno que ayuden a pelear las enfermedades en Africa.

[admin]

Metales al alza

Copper August 26,06:22
Bid/Ask 3.2544 - 3.2589
Change +0.0318 +0.99%
Low/High 3.2181 - 3.3043
Charts

Nickel August 26,06:17
Bid/Ask 9.1920 - 9.2828
Change +0.0476 +0.52%
Low/High 9.1285 - 9.3644
Charts

Aluminum August 26,06:22
Bid/Ask 0.8868 - 0.8914
Change +0.0045 +0.51%
Low/High 0.8823 - 0.9000
Charts

Zinc August 26,06:17
Bid/Ask 0.9047 - 0.9092
Change +0.0218 +2.47%
Low/High 0.8829 - 0.9147
Charts

Lead August 26,06:17
Bid/Ask 0.8941 - 0.8986
Change +0.0154 +1.76%
Low/High 0.8787 - 0.9036

[admin]

Esperemos que el panorama no cambie a las 8:30 cuando den los datos de los seguros de desempleo.