Miercoles 01/09/10 ISM manufacturero, inversion construccion

[admin]

Maniana otro dia clave

Nos diran que la venta de carros nuevos bajaron algo de 18%, malas noticias

ADP nos dira cuantos empleos se crearon en el sector privado. Muy importante

Tenemos el ISM Manufacturero, muy importante. Se espera que sea 53.

Tambien la inversion en construccion, se espera que caiga 0.6%. Y los inventarios de petroleo.

Motor Vehicle Sales


MBA Purchase Applications
7:00 AM ET


Challenger Job-Cut Report
7:30 AM ET

[admin]

Y maniana Apple deslumbrara nuevamente? con sus novedades talvez, un nuevo iPad, mas musica y mas novedades en sus artefactos bellos.

[admin]

SPANISHAUGUST 31, 2010, 6:37 P.M. ET
Amazon explora nuevo servicio de televisión y películas

Por Sam Schechner y Geoffrey A. Fowler
The Wall Street Journal

Amazon.com Inc. espera crear un nuevo servicio que daría los suscriptores que paguen acceso ilimitado a través de Internet a algunos programas de televisión y películas a medida que trata de retar a Netflix Inc. y quedarse con una participación mayor del negocio de televisión en línea.

En las últimas semanas y meses, la minorista con sede en Seattle ha propuesto un servicio en Internet basado en suscripciones a varias importantes compañías de medios de comunicación, incluidas NBC Universal de General Electric Co., Time Warner Inc. y Viacom Inc., entre otras, según fuentes con conocimiento de la propuesta.


Associated Press
Jeff Bezos, presidente ejecutivo y fundador de Amazon

El nuevo servicio de suscripción de Amazon estaría disponible en Internet o a través de dispositivos que reproduzcan programas de televisión y películas que Amazon ya vende sobre una base individual, según fuentes que han recibido información sobre la propuesta. Entre estos dispositivos figuran algunos televisores con conexión a Internet y la consola de juegos de Xbox de Microsoft Corp. Amazon actualmente vende episodios individuales de muchos programas de televisión a US$1,99.

Amazon ha indicado que le gustaría lanzar su nuevo servicio de videos a tiempo para la temporada de fiestas de fin de año, sostuvo una fuente con conocimiento de la propuesta, pero no está claro si algunas de las compañías de medios tiene la intención de participar.

El vocero de Amazon dijo que no podría "especular sobre el futuro" mientras que los voceros de NBC Universal, Viacom y Time Warner declinaron formular comentarios.

[admin]

Euro down 1.2676

China PMI es 51.7, se esperaba 51.8 mas menos en linea con lo esperado.

Korea +0.62%, Australia 1.33%, el Nikkei +0.58%

Yen down 84.41

Los futures del Dow Jones 32 puntos al alza.

Bien el Asia.

[admin]

Los futures del Dow Jones 64 puntos al alza. Muy bien!!

[admin]

Au down 1,248.40, futures cu up 3.4230

Oil up 72.16

La economia de Australia crecio 1.2% en el primer semestre.

[admin]

El ID para la clase es 929-195-976

[admin]

La manufactura China se expande a su ritmo mas rapido en comparacion al ritmo mas bajo en Julio desde Febrero del 2009.

El PMI (compras de los gerentes) subio a 57.1 de 51.2. 50 significa expansion.



China's Manufacturing Expands at Faster Pace From Weakest Gain Since 2009
By Bloomberg News - Aug 31, 2010 9:09 PM ET
China’s manufacturing expanded at a faster pace in August after the weakest growth since February 2009 in the previous month, a government-backed survey of purchasing managers showed today.

The Purchasing Managers’ Index rose to 51.7 from 51.2, the Federation of Logistics and Purchasing said on its website today. The reading was more than the median 51.5 forecast in a Bloomberg News survey of 17 economists. Fifty is the dividing line between expansion and contraction. Seasonal factors might have distorted the readings, as August’s figures tend to be higher than July’s, according to Citigroup Inc.

A moderating global economic recovery threatens to hamper China’s exports and limit any rebound in the nation’s manufacturing. The slowdown in China may prompt policy makers to sustain fiscal stimulus, according to China International Capital Corp. and Westpac Banking Corp.

“China’s economy is slowing down,” Ken Peng, a Beijing- based economist at Citigroup, said before the release. “The PMI is trending down, in line with China’s slower growth, but it’s still growing. We will see more of the external effect through trade later.”

The U.S., China’s second-biggest trading partner after the European Union, said last week its economy expanded less than initially anticipated in the second quarter. China’s exports may also be hurt by moderation in growth of Europe’s services and manufacturing industries last month, as governments step up spending cuts to trim budget deficits.

GDP Growth

China’s gross domestic product grew 10.3 percent from a year earlier in second quarter, lower than the 11.9 percent in January to March, as Premier Wen Jiabao’s government trims credit growth from last year’s record 9.59 trillion yuan ($1.4 trillion) and discourages multiple-home purchases to restrain a surge in property prices.

Economic expansion in China, the world’s biggest metals user, will slow to as low as an annual 6 percent pace this decade after a three-decade run of 10 percent on average, according to Rio Tinto Group, the world’s third-biggest mining company. “China’s growth rates, as amazing as they are, are bound to flatten,” Tom Albanese, chief executive officer at Rio, said last month.

China won’t change its economic policies as growth slows this year, said Chinese central bank adviser Xia Bin, according to a Shanghai Securities News report on Aug. 30.

Temporary Contraction

It’s possible for China’s manufacturing to “temporarily” contract for one month or so as global trade softens and China’s economy is slows, said Huw McKay, a Sydney-based senior economist for Westpac Banking Corp. He also said the government may boost fiscal spending and adopt a “more accommodative policy” in the fourth quarter.

The PMI, released by the logistics federation and the Beijing-based National Bureau of Statistics, covers more than 820 companies in 20 industries, including energy, metallurgy, textiles, automobiles and electronics.

Heavy industry is contracting as the government closes inefficient businesses to meet energy-saving goals, said Shen Jianguang, economist at Mizuho Securities Asia Ltd. Still, “it won’t be a sudden collapse” and China will keep its “neutral stance” in monetary policy, Shen said.

Chinese officials may loosen the nation’s 7.5 trillion yuan loan target for 2010 to sustain growth, according to Wang Qing, chief economist for China at Morgan Stanley Asia Ltd. At Societe Generale SA, Hong Kong-based economist Glenn Maguire said there’s a 60 percent likelihood of China relaxing the loan target.

--Sophie Leung, Li Yanping. With assistance from Jay Wang in Singapore. Editors: Stephanie Phang, Chris Anstey

[admin]

El mercado de divisas sobrepasa los $4 trillones diarios mientras el dolar cae, dice BIS

El crecimiento es del 20% . Las monedas del Asia son e 35.9% del volumen total.



Australia & New Zealand .Currency Trading Tops $4 Trillion a Day as Dollar's Share Drops, BIS Says
By Lukanyo Mnyanda and Yoshiaki Nohara - Aug 31, 2010 9:28 PM ET
Growth in foreign-exchange trading slowed in the three years through April as heightened price swings after the credit markets seized up lowered the appetite for risk, a Bank for International Settlements survey showed.

Trading increased 20 percent to $4 trillion a day on average, the BIS said in the poll, which is released every three years. Growth lagged the 72 percent, three-year expansion recorded in the last survey, published in 2007, which was partly fueled by “low levels of financial market volatility and of risk aversion, and expansion in the activity of hedge funds,” the Basel, Switzerland-based BIS said today.

Asia-Pacific currencies accounted for 35.9 percent of average daily foreign-exchange trading, the most since the Basel, Switzerland-based BIS started compiling the surveys in 1998, up from 33 percent in 2007. That is also the first increase since the 2001 figures, the BIS said today.

Implied volatility on options for major exchange rates averaged 12.25 percent in the three years through April 1, compared with about 9 percent between April 2004 and the end of March 2007, according to a JPMorgan Chase & Co. measure that tracks the dollar against the euro and the currencies of Japan, Australia, Canada, Switzerland, and the U.K. The volatility index, based on three-month options, surged to 26.6 percent in October 2008 as Lehman Brothers Holdings Inc. collapsed.

“Since the crisis it’s just been complete chaos, and volatility has gone to extreme levels from all-time lows pre- crisis,” said Kevin Rodgers, London-based global head of foreign-exchange derivatives at Deutsche Bank AG, the world’s largest currency trader. “Though it has come off, it remains historically high. The market is a very much jumpier, less- liquid place than it was pre-crisis.”

Financial Turmoil

The BIS was formed in 1930 and acts as a central bank for the world’s monetary authorities. Its Central Bank Survey of Foreign Exchange and Derivatives Market Activity is based on data from 53 institutions.

The single European currency surged to a record against the dollar in 2008 and then plunged in the wake of Lehman’s failure. The euro recovered through most of 2009 before sliding again this year as Greece’s budget crisis triggered speculation that monetary union may not survive.

This month, the yen has jumped to a 15-year high against the dollar, while the Swiss franc has soared to a record against the euro as investors sought havens amid deepening pessimism about the global economy.

Britain maintained its position as the biggest global foreign-exchange hub, with U.K.-based banks increasing their share of the market to 36.7 percent from 34.6 percent in 2007. The U.S. had an 18 percent share, followed by Japan, Singapore, Switzerland, Hong Kong and Australia.

Dollar’s Share

The dollar was used in a smaller proportion of foreign- exchange transactions. Some 85 percent of currency trades in the three-year period involved the dollar, down from a 90 percent peak in the BIS’s 2001 survey. Europe’s single currency increased its portion by 2 percentage points to 39 percent, while emerging-market currencies also gained market share, led by the Turkish lira and the Korean won.

Currency-trading growth over the past three years was paced by a 48 percent jump in so-called spot transactions, where trades are settled in cash almost immediately, as opposed to transactions for future delivery.

U.K. Turnover

Spot trading accounted for 37 percent of total foreign- exchange turnover, the report said. Transactions involving central banks, hedge funds, pension funds, mutual funds and insurance companies rose by 42 percent to $1.9 trillion, according to the report.

Average daily turnover in the U.K. rose 25 percent to $1.85 trillion, the Bank of England said in a separate statement. The increase was driven by a 108 percent surge in spot transactions, which account for 38 percent of turnover.

Currency trading in Japan climbed by 26 percent on average in April compared with the same month of 2007, the Bank of Japan said. Average daily foreign-exchange transactions in Japan increased to $301.3 billion in April, up from $238.4 billion in the previous survey, the bank said in Tokyo.

Singapore, the Asia’s biggest foreign-exchange center after Tokyo, had average daily turnover of $266 billion in April, compared with $242 billion previously, the Monetary Authority of Singapore said in a statement.

Aussie Dollar

Australia’s foreign-exchange market has continued to expand, with the Australian dollar now the fifth most-traded currency, according to the Reserve Bank of Australia.

“Investors are beginning to see currencies as assets, like commodities and stocks,” said Kuniyuki Hirai, manager of foreign-exchange trading at Bank of Tokyo-Mitsubishi UFJ Ltd., a unit of Japan’s largest lender. “I expect foreign-exchange trading to continue to increase in Asia and other commodity-rich places, where rapid growth draws investor attention.”

[admin]

Metales al alza

Copper August 31,23:21
Bid/Ask 3.4001 - 3.4046
Change +0.0703 +2.11%
Low/High 3.3139 - 3.4091
Charts

Nickel August 31,23:21
Bid/Ask 9.4884 - 9.5338
Change +0.2041 +2.20%
Low/High 9.2797 - 9.5428
Charts

Aluminum August 31,23:08
Bid/Ask 0.9113 - 0.9159
Change +0.0068 +0.75%
Low/High 0.9045 - 0.9181
Charts

Zinc August 31,23:06
Bid/Ask 0.9356 - 0.9401
Change +0.0227 +2.48%
Low/High 0.9129 - 0.9424
Charts

Lead August 31,23:16
Bid/Ask 0.9224 - 0.9269
Change +0.0159 +1.75%
Low/High 0.9065 - 0.9292

[admin]

Los futures del Dow Jones estan felices.

Sera que ya no es Agosto, como dijo uno de los invitados en un canal de television.

Las buenas noticias de China y Australia estan animando a los mercados.

Europa al alza, el Asia cerro al alza

Euro up 1.2796, yen up 84

Libor 0.30%, igual

+101

El Shanghai cerro a la baja

Oil up 72.46

Yields up 2.52%

Au up 1,254.60

[admin]

Futures cu up 3.4415

[admin]

La actividad manufacturera de Inglaterra baja.

[admin]

Copper September 01,06:59
Bid/Ask 3.3946 - 3.3991
Change +0.0649 +1.95%
Low/High 3.3139 - 3.4091
Charts

Nickel September 01,06:56
Bid/Ask 9.4839 - 9.5292
Change +0.1996 +2.15%
Low/High 9.2797 - 9.5564
Charts

Aluminum September 01,06:53
Bid/Ask 0.9172 - 0.9218
Change +0.0127 +1.40%
Low/High 0.9045 - 0.9250
Charts

Zinc September 01,06:58
Bid/Ask 0.9370 - 0.9415
Change +0.0240 +2.63%
Low/High 0.9129 - 0.9447
Charts

Lead September 01,06:55
Bid/Ask 0.9337 - 0.9383
Change +0.0272 +3.00%
Low/High 0.9065 - 0.9405
Charts

Uranium Aug 23, 2010
Ux U308 price: 46.00
Change from
previous week

[admin]

Au up 1,255.80

ADP reportara que se crearon pocos empleos en el sector privado.

Burger King estaria a la venta. Sus acciones volando.

Apple sacara del sombrero sus nuevos trucos de magia.

Europa mas del 1.5% al alza.

+99