Miercoles 13/11/13 Expectativas de inflacion Fed Atlanta

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Korea y Rusia crean un fondo de $500 millones.

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D. Lockhart del Fed de Atlanta dijo que una disminucion de compra de bonos podria ocurrir tan pronto como el proximo mes. El mercado se puso nervioso. No creo que se hayan creado mas de 200,000 empleos en Noviembre. Veremos.


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VIX up 12.82

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Yields down 2.73%

Futures cu down 3.16

Maiz y trigo al alza.

Euro down 1.3424

Yen up 99.42

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China comprara los activo que Petrobras tiene en Peru por $2.6 billones, expandiendo su portafolio en la region. Petrobas es la compania de petroleo mas endeudada entre las que cotizan en bolsa. (que horror)

De ser aprobada seria la segunda inversion mas grande en Peru despues de Royal Dutch Shell que compro activos de gas de Repsol en Febrero por $4.4 billones.

PetroChina to buy Petrobras Assets in Peru for $2.6 Billion
By Aibing Guo & Benjamin Haas - Nov 13, 2013 9:01 AM ET

PetroChina Co. (857), the country’s biggest oil and natural gas producer, will buy Petroleo Brasileiro SA (PBR)’s assets in Peru for $2.6 billion, expanding its portfolio in the region.

The Beijing-based company will take over three blocks of oil and gas fields in Peru from the seller, known as Petrobras, it said in a statement to the Hong Kong stock exchange. Petrobras owns two blocks entirely and has a 46 percent stake in the third, according to the statement.

Petrobras, the most indebted publicly traded oil company, has been selling assets to help finance projects in Brazil’s deep waters. China National Petroleum Corp., PetroChina’s state-owned parent, already owns oil and gas assets in Peru as well as in Venezuela. If approved, it will be Peru’s second-largest acquisition after Royal Dutch Shell Plc’s purchase of liquefied natural gas assets from Repsol SA (REP) in February for $4.4 billion, according to Bloomberg data.

“This will help PetroChina diversify its assets internationally,” Gordon Kwan, a Hong Kong-based analyst at Nomura Holdings Inc., said in a phone interview today. “This will help them learn operating lessons from their partners that they can apply elsewhere.”

PetroChina shares fell 2.4 percent to HK$8.50 at the close in Hong Kong today, taking their decline this year to 23 percent. The city’s benchmark Hang Seng Index dropped 1.9 percent. Petrobras slid 1.3 percent to 19.30 reais in Sao Paulo at 11:47 a.m. local time, the lowest since Oct. 30.

Most Acquisitive
The two companies won’t disclose the reserves in the blocks, PetroChina spokesman Mao Zefeng said in a phone interview. The Chinese explorer knows the assets well as it and CNPC have operated fields nearby, Mao said. The deal brings “good value,” he said, without elaborating.

CNPC, the most acquisitive energy company in Asia, entered Peru in 1993 and operated at least three oil and gas parcels, according to its website. Peru is the first country where CNPC worked on an overseas project.

The assets called Lot 57, Lot 58 and Lot X are located in Peru’s Amazon jungle and PetroChina’s stake represents 12.1 billion barrels of oil equivalent, said Simon Powell, head of oil and gas research at CLSA Ltd.

“On paper this doesn’t look like it was an expensive deal for PetroChina,” he said. “But this is going to require significant investment in building infrastructure to get it out.”

Exploration Assets
Petrobras, controlled by Brazil’s government, agreed to sell oil blocks and pipelines in Colombia to Perenco UK Ltd. for $380 million in September to help finance projects in Brazil’s deep waters.

Petrobras, which entered Peru in 1996, produces about 16,000 barrels a day in the country and holds stakes in exploration assets in the Maranon, Huallaga and Madre de Dios basins, according to its website.

Lot 57, in which Petrobras owns 46 percent, is operated by Repsol SA. Repsol said last year that the block’s Kinteroni gas field holds at least 2 trillion cubic feet of natural gas. It announced July 25 that the field is ready to start production.

Lot 58 has 56.6 trillion cubic meters of contingent natural gas resources, according to Petrobras’s website.

Petrobras took a 40 percent stake in an offshore field called Libra, the largest discovery in Brazil’s history, in a government auction on Oct. 21.

Fuel Prices
Libra is the first auction of subsea prospects, known as pre-salt, using a production-sharing model. The group that won a 35-year concession for the Libra field also includes Royal Dutch Shell Plc (RDSA) and Total SA (FP), each gaining a 20 percent stake. CNPC and Beijing-based Cnooc Ltd. (883) have 10 percent apiece.

State-owned CNPC said in March it would spend $4.2 billion to buy a stake in Eni SpA (ENI)’s natural gas assets in Mozambique. The Beijing-based producer agreed in September to pay about $5 billion to purchase a stake in the Kashagan oil project from state-backed KazMunaiGaz National Co. in Kazakhstan.

Petrobras said Oct. 8 that it had raised $4.3 billion dollars in asset sales this year, as part of a $9.9 billion divestment plan between 2013 and 2017. It agreed to sell 50 percent of its African assets to Brazil’s Grupo BTG Pactual for $1.5 billion in June.

The state-run producer, which last month reported a 40 percent drop in third-quarter profit, is seeking to finance plans to spend $237 billion through 2017 to build refineries and develop deep-water fields. The company has also requested fuel price increases to phase out subsidies on imported gasoline and diesel.

“Everybody is looking at the methodology for gasoline price adjustments,” Henri Evrard, an analyst at Infinity Asset Management in Curitiba, Brazil, said by telephone. “This is something that has been punishing the company a lot

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Yields down 2.73%, suben los bonos.

Oil up 93.78

Au up 1,275

-74.94

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SCCO -2.02%

BVN +1.37%

EPU -0.06%

BAP -1.38%

CPAC +0.86%

AAPL -0.52%

FAS -1.22%

EDC -3.04%

ERX -1.04%

USO +0.62%

C -0.87%

C -0.81%

BAC -0.14%

RIO -1.72%

SLW +1.32%

F +1.12%

X +1.63%

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GRAM -0.14%

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Au up 1,274

Euro down 1.3404

Yen up 99.49

Yields bajan a 2.74%

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Oil up 93.62

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-69.10

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Au up 1,271

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-73.59

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Hace un par de dias, Bill Clinton critico a Obama, le dijo al presidente que deberia respetar la promesa que le hizo a los Americanos de permitirles quedarse con su seguro de salud si estaban contentos con lo que tenian.

Clinton esta poniendo bien en claro que Hillary Clinton quien se presentara como candidata a la presidencia no tiene nada que ver con el ObamaCare.

Si Obama mantiene su promesa, el ObamaCare morira. No funciona sin la participacion de todos.

-71.17

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Hace un par de dias, Bill Clinton critico a Obama, le dijo al presidente que deberia respetar la promesa que le hizo a los Americanos de permitirles quedarse con su seguro de salud si estaban contentos con lo que tenian.

Clinton esta poniendo bien en claro que Hillary Clinton quien se presentara como candidata a la presidencia no tiene nada que ver con el ObamaCare.

Si Obama mantiene su promesa, el ObamaCare morira. No funciona sin la participacion de todos.

-71.17

Cerca de cinco millones de americanos han perdido su seguro de salud debido al ObamaCare.