Lunes 13/08/12 Ventas retail, indice casas, inflacion

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Lunes 13/08/12 Ventas retail, indice casas, inflacion

Notapor admin » Dom Ago 12, 2012 11:20 am

Lunes

Eventos economicos

Subasta de bonos

Entre los eventos mas importantes tenemos las ventas de tiendas, retail, los precios de los productores y los inventarios de negocios el Martes; la inflacion, la manufactura en New York, la produccion industrial y el indice de las casas el Miercoles; los inicios de casas, el indice de las casas y las ventas de internet el Jueves; los indicadores lideres y el sentimiento del consumidor el Viernes.

4-Week Bill Announcement
11:00 AM ET


3-Month Bill Auction
11:30 AM ET


6-Month Bill Auction
11:30 AM ET


NFIB Small Business Optimism Index
7:30 AM ET


ICSC-Goldman Store Sales
7:45 AM ET


Producer Price Index
8:30 AM ET


Retail Sales
8:30 AM ET


Redbook
8:55 AM ET


Business Inventories
10:00 AM ET


4-Week Bill Auction
11:30 AM ET

3-Yr Note Settlement

10-Yr Note Settlement

30-Yr Bond Settlement


MBA Purchase Applications
7:00 AM ET


Consumer Price Index
8:30 AM ET


Empire State Mfg Survey
8:30 AM ET


Treasury International Capital
9:00 AM ET


Industrial Production
9:15 AM ET


Housing Market Index
10:00 AM ET


EIA Petroleum Status Report
10:30 AM ET

Naryana Kocherlakota Speaks
8:00 PM ET


Weekly Bill Settlement


Housing Starts
8:30 AM ET


Jobless Claims
8:30 AM ET


Bloomberg Consumer Comfort Index
9:45 AM ET


Philadelphia Fed Survey
10:00 AM ET


E-Commerce Retail Sales
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


52-Week Bill Announcement
11:00 AM ET


5-Yr TIPS Announcement
11:00 AM ET


Fed Balance Sheet
4:30 PM ET


Money Supply
4:30 PM ET

Naryana Kocherlakota Speaks
8:00 PM ET



Consumer Sentiment
9:55 AM ET


Leading Indicators
10:00 AM ET
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 11:29 am

Ventas retail, noticias de las casas

Walmart y otros retailers reportaran sus resultados trimestrales en un ambiente de mejor confianza y desaceleracion global.

Next Week’s Tape: Retailer Earnings, and Housing Soundings

By Nathalie Tadena

Several major U.S. retailers are due to report their latest quarterly results next week, including the world’s biggest retailer, Wal-Mart Stores, as the sector contends with waning consumer confidence and global economic woes.

Meanwhile, monocrystalline sand producer Hi-Crush Partners is expected to go public next week, the only initial public offering scheduled for the week.

Markets also will examine factory reports from two regional Federal Reserve district banks on Wednesday and Thursday for timely readings of the economy.

Wal-Mart, Other Retailers to Report Quarterly Earnings

Earnings from the retail sector will continue next week, with results due from Wal-Mart, Abercrombie & Fitch, Aeropostale, Gap, Saks, Sears Holdings, and Target, among others.

Analysts polled by Thomson Reuters expect retail giant Wal-Mart to post another quarter of stronger earnings. Same-store sales in the company’s key U.S. stores have improved in the prior three quarters. However, Wal-Mart’s recent gains come as its core lower-income customers are grappling with high gasoline prices and a still-soft jobs market that have moved many consumers to keep a tight watch on spending.

In the teen retail space, Abercrombie, normally an edgy bellwether for the group, earlier this month projected very soft second-quarter and full-year earnings, while smaller rival Aeropostale lowered its guidance for the quarter. Both companies were hurt by fashion misses, and inventory backup and slow sales led to heavy discounting at Abercombie.

Hi-Crush Partners to Begin Trading Next Week

Monocrystalline sand producer Hi-Crush Partners LP is expected to go public next week, with units scheduled to price Wednesday.

The company has said it expects to offer 11.3 million common units between $19 and $21 each in its IPO, which was first filed in July.

Hi-Crush’s reserves consist of sand primarily from Wisconsin–where it is based–and other parts of the upper Midwest U.S. region. It said the demand for its sand, which is used as a “proppant” to enhance recovery rates of hydrocarbons, increased at an annual rate of 28% from 2006 to 2011.

The company plans to list its units on the New York Stock Exchange under the symbol HCLP.

Early Look at August Activity on Tap

A full calendar next week will cover U.S. reports on home-building, shopping, manufacturing, inflation and consumer sentiment. The most important of these are likely to be reports that give early glimpses at August activity.

Leading that charge will be the factory reports from two regional Federal Reserve district banks. Because the surveys done by various Fed banks cover the concurrent month, financial markets pay attention to them for a timely read on the economy.

On Wednesday, the New York Fed will release its Empire State Survey. The median forecast of economists surveyed by Dow Jones Newswires is that the top-line business conditions index will weaken to 6.0 this month from 7.39 in July. Economists expect some improvement in the Philadelphia Fed manufacturing survey, scheduled for Thursday, but the expected reading will still indicate a sector in recession. The general business activity index is projected to rise to -4.5 this month.

Meanwhile, the National Association of Home Builders’ housing-market index is projected to pull back to 34 for August after jumping to 35 in July, the best reading since March 2007.

The two major July reports on inflation–the producer-price index and the consumer-price index, are also on tap next week, but neither is expected to show a flare-up in price pressures.

As always, here’s your handy clip-and-save data and earnings calendar:

Monday

Economics:

Nothing of note.

Earnings:

Groupon, Sysco

Tuesday

Economics:

July NFIB small-business survey (7:30 a.m.): last at 91.4

July retail sales (8:30): seen up 0.3%, after falling 0.5% in June.

July producer price index (8:30): seen up 0.3%, after rising up 0.1% in June. “Core” seen up 0.2%.

June business inventories (10:00): seen up 0.1%, after rising 0.3% in May.

Earnings:

Home Depot, JDS Uniphase, Saks, Bob Evans, Michael Kors

Wednesday

Economics:

July consumer price index (8:30): Seen up 0.2%, after being flat in June. “C0re” seen rising 0.2%.

August NY Fed Empire State manufacturing survey (8:30): seen at 6.0, down from 7.39 in July.

July industrial production (9:15): seen rising 0.6%, after rising 0.4% in June.

July capacity utilization (9:15): seen at 79.3%, up from 78.9% in June.

August housing market index (10:00): seen at 34, down from 35 in July.

Earnings:

Cisco, Target, Staples, Deere, Abercrombie & Fitch

Thursday

Economics:

Weekly jobless claims (8:30): seen rising to 364,000 from 361,000.

July housing starts (8:30): Seen easing to 750,000 from 760,000; down 1.3%, after rising 6.9% in June.

July building permits (8:30): seen rising 0.8%, after falling 3.1% in June.

August Philly Fed manufacturing survey (10:00): seen narrowing to -4.5 from -12.9 in July.

Earnings:

Wal-Mart, Sears, Gap, Marvell Tech, Aeropostale, Gap, Dollar Tree, Perry Ellis

Friday

Economics:

August Reuters/UMich consumer sentiment (prelim) (9:55): seen at 72.2, compared to 72.3 (end-July).

July Leading Index (10:00): seen up 0.2% from -0.3%.

Earnings:

Foot Locker, JM Smucker, Kirkland’s
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 11:30 am

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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 2:19 pm

Se espera que las ventas retail hayan subido por primera vez en cuatro meses. Ojala.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 2:27 pm

Los problemas en el mundo atraen el capital a US.

El temor de que US no pueda solucionar su crisis fiscal a fin de anio, sugiere que Washington no ha cambiado mucho desde la batalla del limite de la deuda hace un anio.

Tampoco ha cambiado: los inversionistas parecen convencidos que US es el lugar mas seguro, a pesar de la creciente preocupacion alrededor del mundo por el nivel de su deuda.



Troubles Abroad Keep Cash Flowing to U.S

By SUDEEP REDDY
Fears the U.S. will go over the "fiscal cliff" at the end of the year suggest not much has changed in Washington since the debt-ceiling battle hit the struggling economy a year ago.

Also unchanged: Investors still appear convinced that the U.S. is the safest of borrowers, despite rising angst about government debt around the world.

Why is Treasury debt still seen as one of the world's safest assets? The U.S. "effectively got a pass," said Tom Porcelli, chief U.S. economist at RBC Capital Markets. "If you needed to fly into the safety of a country, the U.S. was the best of the worst."

How long this will last depends how long it takes the global backdrop to improve.

The U.S., despite losing its coveted triple-A debt rating from Standard & Poor's last August, remains a magnet for money fleeing the globe's trouble spots. As Europe's debt crisis rages, turmoil in Greece, Spain or Italy sends investors rushing into the safe arms of the U.S. government.

Markets continue—for now—to worry far more about global economic weakness than rising U.S. obligations, pushing yields lower on Treasury debt. The nation can borrow for a decade for around 1.6%, a near-record low, as investors gladly hand over their money expecting almost no return, after factoring in inflation.

Despite the U.S.'s less-expensive borrowing, the threat of more downgrades early next year looms if policy makers bungle their handling of the "fiscal cliff"—the umbrella term for the tax increases and spending cuts that will kick in unless Washington acts.

A credit-rating downgrade, in theory, could increase the government's borrowing costs if investors demand higher compensation for the added risk. That depends on their alternatives. Last year's U.S. downgrade came alongside trouble in Europe that worried investors even more.

The U.S. isn't alone in experiencing the counterintuitive effect of lower borrowing costs against the threat of rating downgrades. Some of the euro zone's stronger members, including Germany, the Netherlands and France, have downgrade warnings hanging over them due to periodic eruptions in Europe's currency union. Yet their borrowing costs remain around all-time lows. Germany and other relatively strong nations can sell some debt at negative yields. That means investors are paying the government to keep their money safe.

Around the world, the risks to government debt, which was long considered one of the safest assets, is forcing a re-evaluation of what counts as true safety.

The International Monetary Fund recently estimated that worries about governments' fiscal health could remove one-sixth of the world's supply of "safe" government debt by 2016, or about $9 trillion in assets that would need to be replaced by other investments. And it comes after a host of private-sector assets, such as pools of debt packaged by banks, fell out of favor as safe investments during the financial crisis.

The supply of safe assets, which also includes gold and higher-quality corporate debt, is shrinking at precisely the same time that demand is soaring, as banks and investors seek havens amid market turmoil and regulatory changes.

One implication: Pension funds and other big investors looking for safe investments may have to move their money around more frequently, rather than leaving it in one place for a long period, creating more market volatility.

The governments that receive such inflows could see their currencies climb in value, holding back export sales, as the Swiss and Japanese have learned recently. Investors could shift into more creative investments, giving rise to new bubbles. Some assets once considered safe—mortgage-backed securities, anyone?—prove less so years later.

The tallest-dwarf phenomenon is giving some governments false signals about the attractiveness of their debt. A continuing rush out of the most-troubled euro-zone nations and into French triple-A debt, for instance, is giving France's government hope about its own budget moves, easing pressure on the country to institute economic overhauls.

U.S. debt is seeing similar effects, relieving some pressure on U.S. lawmakers to act with any sense of urgency, either on the economy or its debt troubles. "The flight to safety created a lot of complacency," said Adolfo Laurenti, deputy chief economist at Mesirow Financial. "Governments need incentives to act."

Would U.S. borrowing costs keep dropping if another downgrade hits next year?

"I wouldn't take this as a stylized fact of what is likely to happen," said IMF economist Gian Maria Milesi-Ferretti, who leads the Fund's reviews of the U.S. If the fiscal outlook remains unfavorable, he said, "sooner or later there will be a response in bond markets."

That won't be soon "because of the very unsettled situation elsewhere and also because of weak growth prospects and extreme risk aversion," he said.

When there is fire in the neighborhood, sometimes the biggest house can remain standing the longest.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 2:29 pm

Los resultados de Walmart daran un diagnostico mejor acerca de la economia.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 6:33 pm

Treasurys Price Chg Yield %
2-Year Note* 1/32 0.264
10-Year Note* 9/32 1.662
* at close

7:20 p.m. EDT 08/12/12Futures Last Change Settle
Crude Oil 93.26 0.39 92.87
Gold 1623.7 0.9 1622.8
E-mini Dow 13161 -11 13172
E-mini S&P 500 1400.75 -1.75 1402.50

7:31 p.m. EDT 08/12/12Currencies Last (mid) Prior Day †
Japanese Yen (USD/JPY) 78.25 78.27
Euro (EUR/USD) 1.2284 1.2290
† Late New York trading.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 6:34 pm

Los futures del Dow Jones -8

Yen down 78.26

Euro up 1.2286
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 6:41 pm

Barnes & Nobles recorta el precio del Nook.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 6:43 pm

Romney eligio como vice presidente al mas joven, al mas talentoso, intelectual y conservador de los republicanos. Obama le tiene miedo. Ryan tiene 42 anios. Es carismatico, de muy buena presencia y no tiene miedo de defender su mensaje conservador. Su plan de presupuesto tiene la valentia de reformar los beneficios sociales de los Americanos, es el unico que se ha atrevido a hacerlo. Felicitaciones.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 6:48 pm

El proyecto Conga no está muerto”, afirmó el presidente de la Confiep
El empresario Humberto Speziani indicó que el proyecto minero solo está suspendido hasta que se cumpla con garantizar el agua para Cajamarca


El titular de la Confiep se mostró a favor de que se levante el estado de emergencia en Cajamarca si es que se garantiza que se mantendrá en paz y orden. (Video: Canal N)



El presidente de la Confiep, Humberto Speziani, afirmó hoy que no cree que el proyecto Conga esté muerto y vaya a revivir en tres años, como lo dijo el viernes el ex ministro de Economía Pedro Pablo Kuczynski. Señaló que la construcción de los reservorios debe continuar para que la empresa Yanacocha demuestre que puede garantizar el agua para Cajamarca.

“ Conga no es un muerto que va a revivir, yo no creo que esté muerto. Lo que pasa es que está suspendido hasta que las cosas que se han prometido se cumplan y al final los cajamarquinos decidirán qué hacer. Yo no pienso que Conga sea un Lázaro que va a revivir en tres años”, manifestó en conferencia de prensa.

Speziani consideró que la suspensión del inicio de la explotación del mineral son “un lapsus” y “un momento de reflexión”. “Tenemos que explotar la mina con un respeto al medio ambiente, la preocupación por el agua no es exclusivo de Cajamarca sino de todo el Perú y es un problema mundial”, agregó.

El titular de la Confiep se mostró a favor de que se levante el estado de emergencia en dicha región si es que se garantiza que se mantendrá en paz y orden.

REUNIÓN CON SALAS
De otro lado, Speziani opinó que el crecimiento económico del país debe ir acompañado de una mejora en el sistema educativo y el país debe dar pasos en ese sentido.

Adelantó que espera conversar con la ministra de Educación, Patricia Salas, para conocer detalles del proyecto de Ley de Reforma Magisterial, con el que el Gobierno espera alcanzar ese objetivo.

“Esta semana voy a pedir una reunión con la ministra de Educación para conversar con ella sobre ese proyecto de ley y para expresarle algunos planteamientos, como la necesidad de que el país cuente con más técnicos”, dijo en declaraciones a la agencia Andina.

Refirió que resulta penoso que el Perú, pese al notable crecimiento económico que ha experimentado en la última década, aún se ubique entre en los últimos lugares del Programa Internacional de Evaluación de Estudiantes (PISA), que mide el rendimiento de los estudiantes con exámenes mundiales realizados cada tres años.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 6:50 pm

Quinua peruana llega a la NASA Textos:Gustavo Martínez web@epensa.com.pe |Fotos:Archivo Grupo Epensa
08:48 | Lima - Actualmente el Perú exporta quinua a 36 países por un total de $25 millones y un volumen de 7600 toneladas. Sin embargo, su paso más importante va a ser llegar a la Agencia Espacial de Estados Unidos (NASA), donde la utilizarán para la alimentación de los astronautas.


En ese sentido, la empresa cusqueña Inca Sur sería la encargada de proveer de este producto andino a ese importante centro de estudio del mundo sobre navegación espacial.


En el año 2030 se espera que Estados Unidos envíe su primera misión tripulada a Marte, y la preparación de las diferentes dietas que se suministrarán a los astronautas que cumplan esa misión va a estar diseñada en función a este grano andino (quinua).


GERMINARÁ EN EL ESPACIO. Paul Mogollón, gerente general de Inca Sur, explicó que la quinua es uno de los pocos cultivos que podría germinar en el espacio, y además es una semilla que puede estar guardada durante un año sin cuidado y no malograrse. A esto se suma su alto valor proteico, con siete aminoácidos.


En la actualidad, el Perú es el segundo productor de quinua del mundo, precedido por Bolivia, teniendo muy de cerca a Canadá, que está en el tercer lugar.


Entre tanto, el ministro de Agricultura, Milton von Hesse, recordó que en el 2001 el Perú exportaba solo 148 toneladas de quinua por un valor de casi $200 mil por año. Pero esta situación ha cambiado sustantivamente, debido a un crecimiento sostenido de las exportaciones, es decir, ahora el mundo quiere comprar más quinua.


A ello se suma el aumento de la demanda de los consumidores nacionales, que actualmente la valoran mucho más.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 6:53 pm

GR y Microsoft inician capacitación a docentes, niños y jóvenes Textos:Oscar Altamirano oaltamirano@grupoepensa.pe |Fotos:Correo
11:13 | Piura - En una reunión entre el gerente regional de Desarrollo Social, Juan Carlos Vargas; representantes de Microsoft Perú, Empresarios por la Educación y la Dirección Regional de Educación, se acordó que en 15 días inicie la capacitación y el proceso de certificación internacional a docentes, niños y jóvenes de la región, en el marco del convenio suscrito entre el Gobierno Regional de Piura y Microsoft.

Vargas Gianella mencionó que la capacitación se brindará en primer lugar lo que se refiere a Formación para el Empleo, el mismo que está dirigido a jóvenes que terminan el quinto año de secundaria, quienes después de terminar su capacitación y haber recibido su Certificación Académica Internacional por Microsoft, podrán insertarse laboralmente en las empresas de cualquier parte del país.

La directora del Sector Público de Microsoft Perú, Úrsula Salazar, señaló que lo básico es brindar el soporte necesario a los jóvenes, sobre todo aquellos que tienen actitudes para la tecnología, cuya certificación sería de gran utilidad; y además los docentes (formadores) le darán la sostenibilidad al programa.

"Los formadores de formadores (jóvenes), serán capacitados por instituciones que cuentan con certificación Microsoft, como es la Universidad Nacional de Ingeniería y CIBERTEC"; dijo.
...
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 6:55 pm

US aumento su estimado de produccion de algodon. Los precios bajan.
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Re: Lunes 13/08/12 Ventas retail, indice casasm inflacion

Notapor admin » Dom Ago 12, 2012 7:03 pm

La diferencia en el precio entre el oro y el platino indica miedo.

Platino, el mas caro de los metales en las ultimas dos decadas ha bajado con respecto al oto a niveles no vistos desde 1985 y no se ven posibilidades de que esa tendencia cambie.

Generalmente cuando el platino esta a descuento frente al oro indica preocupacion por el outlook de la economia, ya que el 60% de la demanda de platino viene del sector automotriz. Pero cuando el platino se mueve arriba del oro, indica que los inversionistas esperan que la economia mejore. El oro tambien tiene a negociar como alternativa a las monedas tradicionales, como el dolar, en tiempos en que el nerviosismo del mercado es alto o tambien como proteccion contra la inflacion.

MARKET FOCUS
Updated August 12, 2012, 6:18 p.m. ET
Gold-Winning Display Leaves Platinum Trailing

By LAURA CLARKE
Platinum, the most expensive of metals for most of the last two decades, is trading around its lowest value relative to gold since 1985, with little visible on the immediate horizon that could flip this trend.

Generally, when platinum is at a discount to gold, it points to concerns about the economic outlook, given that 60% of demand for platinum comes from the automotive industry. But when platinum moves above gold, it tends to indicate that investors expect the economy to pick up. Gold also tends to trade as an alternative to traditional currencies, such as the dollar, in times of market nervousness or as a hedge against inflation.

The relative value of the two metals has wavered—and briefly reversed in platinum's favor—over the past year. But a move back to lasting platinum price dominance is likely some way off, analysts said.

On Friday, European spot gold settled at $1,618.50 a troy ounce, down 9.6% from its 2012 peak of $1,790.66 an ounce. Spot platinum, meanwhile, settled at $1,399 an ounce, down almost 20% from its 2012 peak of $1,734. The platinum-gold ratio, which shows how many ounces of gold are needed to buy an ounce of platinum, stood at 0.8644, a 27-year low.

For platinum to surpass the yellow metal for a sustained period, two things would need to happen, said Tom Kendall, head of precious-metals research at Credit Suisse.

"First, platinum's demand prospects would have to improve substantially, particularly in the European vehicle industry." he said.

Platinum is mostly used in diesel-fueled cars, like those that are popular in Europe. Demand for new vehicles there, though, remains anemic, as the Continent struggles economically.

"Second, supply from South Africa, the largest producer, would have to contract further," he added.

Neither of these seems imminently likely, according to BNP Paribas analyst Anne-Laure Tremblay.

"On the demand side, austerity measures and the recessionary environment in Europe will keep the purchasing power of European consumers down, putting pressure on diesel vehicle sales and platinum demand levels," she said.

Supply, meanwhile, continues to outstrip demand, and South African miners are yet to cut production sufficiently to provide sustained support for prices, she said.

Aquarius Platinum Ltd. AQP.AU +4.81%is so far the only producer to actively cut production by halting output at two South African mines in June. Other miners, including Royal Bafokeng Platinum Ltd., RBP.JO +2.17%Platinum Australia Ltd. PLA.AU -2.90%and Anglo American Platinum Ltd., AMS.JO +0.23%have said that they are carrying out a reviews on their current operations.

Last week, HSBC joined a line of banks in cutting its full-year forecasts for average platinum prices. The bank cut its 2012 call by 14% to $1,525 a troy ounce and its 2013 outlook by 11% to $1,625, citing lower demand for the metal from car makers.

Hedge funds are adding to the pressure on platinum prices, as the futures market shows a record level of bearish bets.

It could take at least a year for improving economic conditions and more cuts in platinum production for the white metal to regain the top spot over gold, analysts said.

"Longer-term, we maintain the view platinum holds the better fundamental picture and expect incremental investment demand for gold to start to slow over the next two years," said Barclays analyst Suki Cooper.

"We expect platinum demand to recover in 2013, and improve into 2014. We see the ratio potentially flitting above parity in 2013 and sustaining levels above parity into 2014," she added. Barclays forecasts an average platinum price this year of $1,574 an ounce and $1,760 in 2013. By comparison, it sees gold averaging $1,672 an ounce in 2012 and $1,750 for 2013.
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