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Eventos economicos

Martes

Ventas de autos
Ventas de tiendas
Libro rojo
ISM no manufacturero
Investment en construccion
Subasta de bonos

Motor Vehicle Sales


ICSC-Goldman Store Sales
7:45 AM ET


Redbook
8:55 AM ET


ISM Mfg Index
10:00 AM ET


Construction Spending
10:00 AM ET


4-Week Bill Auction
11:30 AM ET

Martes
UPS, Pfizer reportan

Se espera que el ISM non manufacturero este en 58

Tuesday Spotlight: UPS, Pfizer Earnings, ISM Manufacturing
The earnings flow picks up a bit on Tuesday, including reports from:

United Parcel Service, Inc.
Pfizer
Electronic Arts
C.H. Robinson Worldwide Inc
Boston Scientific Corp.
Cummins Inc.
In economics, we’ll get a few big reports including:

10 a.m. — The always exciting ISM Manufacturing report for January. Economists surveyed by Dow Jones Newswires see January’s ISM manufacturing index at 58.0, from 58.5 in December.

Throughout the day — January domestic auto sales.

Euro up 1.3725

Yen up 82.01

Au up 1,335.85

Korea +0.63%, el Nikkei +0.34% , Australia +0.15%, el Hang Seng -0.07%%, el Shanghai C. -0.02%

El anio nuevo en China empieza.

Los futures del Dow Jones 9 puntos al alza.

Copper January 31,20:39
Bid/Ask 4.4469 - 4.4498
Change +0.0205 +0.46%
Low/High 4.4180 - 4.4500
Charts

Nickel January 31,20:39
Bid/Ask 12.4395 - 12.4608
Change +0.0685 +0.55%
Low/High 12.3710 - 12.4617
Charts

Aluminum January 31,20:38
Bid/Ask 1.1216 - 1.1221
Change +0.0033 +0.29%
Low/High 1.1155 - 1.1221
Charts

Zinc January 31,20:38
Bid/Ask 1.0855 - 1.0869
Change +0.0000 +0.00%
Low/High 1.0800 - 1.0914
Charts

Lead January 31,20:36
Bid/Ask 1.1780 - 1.1819
Change +0.0018 +0.15%
Low/High 1.1708 - 1.1821

China's Manufacturing Growth Slows on Inflation Curbs
La manufactura desacelera en China por segundo mes consecutivo

El PMI de China cayo a 52.9 de 53.9 en Diciembre.

By Bloomberg News - Jan 31, 2011 8:12 PM ET
China’s manufacturing growth slowed for a second month in January after the central bank raised interest rates and lenders’ reserve requirements to counter inflation and asset-bubble risks. Photographer: Nelson Ching/Bloomberg
China’s manufacturing growth slowed for a second month in January after the central bank raised interest rates and lenders’ reserve requirements to counter inflation and asset-bubble risks.

The Purchasing Managers’ Index fell to 52.9 from 53.9 in December, the China Federation of Logistics and Purchasing said in a statement on its website. That was less than the median estimate of 53.5 in a Bloomberg News survey of 11 economists.

Premier Wen Jiabao aims to sustain growth while intensifying a campaign against real-estate speculation and fighting inflation that may have accelerated last month after storms disrupted food supplies. The World Bank estimates that China’s economy will expand 8.7 percent this year, three times the pace of the U.S., as developing economies continue to outperform richer nations.

“A slowing manufacturing expansion is good news since policy makers’ first priority right now is to cool inflation and asset price bubbles,” said Isaac Meng, a Beijing-based economist at BNP Paribas SA, before today’s release. “It may be negative for global commodity prices and weigh on the stock market.”

China’s economy expanded 9.8 percent in the fourth quarter from a year earlier, faster than the 9.6 percent gain in the previous three months.

Reserve Requirements

The central bank has raised benchmark interest rates twice since mid-October and pushed banks’ reserve requirements to the highest level in more than two decades to drain money from the financial system. The government also last month expanded measures to cool the real-estate market, including by raising minimum down-payment requirements for second-home purchases.

The PMI is released by the Beijing-based logistics federation and the National Bureau of Statistics and gives an indication of manufacturing activity by surveying more than 820 companies in 20 industries, including energy, metallurgy, textiles, automobiles and electronics.

UBS AG estimates that inflation exceeded 5 percent last month after slowing to a 4.6 percent annual pace in December. Companies from Baoshan Iron & Steel Co. to Starbucks Corp. have raised prices and November’s 5.1 percent inflation rate was the highest in 28 months.

The central bank indicated in a Jan. 30 report that capital inflows and higher labor and resource costs may add to inflation pressures. Tools for reining in liquidity and credit growth include interest rates, bill sales and bank reserve requirements, the People’s Bank of China said.

Policy makers aim to hold growth in M2, the broadest measure of money supply, at about 16 percent this year. Last year, the actual 19.7 percent gain compared with a target of 17 percent. Local-currency lending totaled 7.95 trillion yuan ($1.2 trillion) in 2010, exceeding the government’s 7.5 trillion yuan ceiling.

The latest measures to cool the property market include increasing down-payment requirements for second homes to 60 percent from 50 percent and trials of property taxes in Shanghai and Chongqing.

--Li Yanping, with assistance from Marco Lui, Belinda Cao, Huang Zhe and Jay Wang. Editors: Paul Panckhurst, Cherian Thomas.

Las ganancias de Baidu son mas del doble a expensas de Googgle.

Baidu's Profit More Than Doubles After Search Engine Makes Gains on Google
By Mark Lee - Jan 31, 2011 5:07 PM ET

Baidu Inc., owner of China’s most popular search engine, said fourth-quarter profit more than doubled as the company outpaced Google Inc. in boosting advertising sales in the world’s biggest Internet market. Photographer: Nelson Ching/Bloomberg
Baidu Inc., owner of China’s most popular search engine, said fourth-quarter profit more than doubled as the company outpaced Google Inc. in boosting advertising sales in the world’s biggest Internet market.

Net income climbed to 1.16 billion yuan ($176 million), compared with 427.9 million yuan a year earlier, Baidu said today in a statement. That exceeded the 1.03 billion yuan average of eight analysts’ estimates compiled by Bloomberg. Sales increased 94 percent to 2.45 billion yuan. The shares surged as much as 9.1 percent in late trading.

Baidu is stepping up its expansion into new businesses, including online video and e-commerce, as the threat from Google fades. The U.S. company moved its Chinese search service offshore last year to avoid Web censorship rules, prompting some customers and partners to defect to Beijing-based Baidu.

“The migration to Baidu from Google will continue this year, albeit at a reduced pace,” Jake Li, who rates Baidu shares “accumulate” at Guotai Junan Securities, said before the earnings. Baidu is bolstering its services, such as video, social networking and wireless search, Li said.

Baidu shares rose as much as $9.87 to $118.50 in extended trading following the announcement. Earlier, the stock climbed 2 percent to $108.63 on the Nasdaq Stock Market. It has gained 13 percent this year, after more than doubling in 2010.

Tencent, Alibaba

Tencent Holdings Ltd., China’s biggest Internet company by market value, has gained 20 percent in Hong Kong trading this year, while Alibaba.com Ltd., the leading local e-commerce company, has increased 10 percent.

Baidu’s revenue will range from 2.38 billion yuan to 2.45 billion yuan in the first quarter, the company said. That compares with the 2.3 billion yuan average of six analysts’ estimates compiled by Bloomberg.

Baidu accounted for 75.5 percent of China’s search-engine market by revenue in the fourth quarter, rising from 73 percent in the previous three months, according to research company Analysys International. Google’s share dropped to 19.6 percent from 21.6 percent, the research firm said.

Google’s search-engine business in China is “solid,” Daniel Alegre, the company’s head of sales in Asia, said in December, without disclosing details. Google’s combined revenue in China from display ads, online search and Chinese companies marketing on Google’s global sites increased last year, Alegre said at the time.

La manufactura en Australia se contrajo por cuarto mes consecutivo, el indice manufacturero fue 46.7 comparado con 46.3 en Diciembre.

Au up 1341.60, Ag up

Oil down 91.58

Euro up 1.3751

Los futures del Dow Jones 52 al alza.

Las ganancias de Pfizer superaron las expectativas del mercado

Europa al alza

El Asia termino mixta.

Yields up 3.43%

Las ganancias de Google fueron mejores a las esperadas.

Copper February 01,08:19
Bid/Ask 4.4652 - 4.4663
Change +0.0387 +0.88%
Low/High 4.4180 - 4.4737
Charts

Nickel February 01,08:19
Bid/Ask 12.5721 - 12.5852
Change +0.2011 +1.63%
Low/High 12.3710 - 12.6318
Charts

Aluminum February 01,08:19
Bid/Ask 1.1292 - 1.1303
Change +0.0109 +0.97%
Low/High 1.1155 - 1.1336
Charts

Zinc February 01,08:18
Bid/Ask 1.0904 - 1.0912
Change +0.0049 +0.45%
Low/High 1.0800 - 1.1033
Charts

Lead February 01,08:19
Bid/Ask 1.1835 - 1.1861
Change +0.0073 +0.62%
Low/High 1.1708 - 1.1925

El PMI de Europa subio a 57.3

Oil down 91.10

Au up 1,337

Euro up 1.3740

+47

TTM -2.31%

EDC +2.31%

DAG +1.73%

FAS +1.60%

F +0.94%

BAC +1.02%

EGO +0.99%

NG +1.35%

GSI +12.11%

SLW +1.62%

BP -1.64%

AAPL +0.52%

Ag up 28.32

Yen up 81.43

+50

Las ocmpanias Egipcias que negocian en India mas del 10% al alza.

Oil down 91.38