Miercoles 24/08/16 Indice de casas

Los acontecimientos mas importantes en el mundo de las finanzas, la economia (macro y micro), las bolsas mundiales, los commodities, el mercado de divisas, la politica monetaria y fiscal y la politica como variables determinantes en el movimiento diario de las acciones. Opiniones, estrategias y sugerencias de como navegar el fascinante mundo del stock market.

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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 6:54 am

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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 6:56 am

Glencore Reports Narrower Loss, Cuts Debt

LONDON—A rebound in commodity prices and slashed costs weren’t enough to pull Glencore PLC’s earnings out of the red in the first half of the year.

The world’s third-largest diversified miner by market value reported a $369 million net loss in the six months to end-June compared with a $676 million net loss in the same period last year.

In Glencore’s first half-year report since it embarked on a sweeping plan to repair its balance sheet, the company said it is on track to continue reducing debt through a combination of asset sales, cost cuts and a bounce in commodity prices.

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“We have made considerable progress toward achieving our goals,” Glencore Chief Executive Ivan Glasenberg said on Wednesday.

.billion
THE WALL STREET JOURNAL
*2012 data are Glencore and Xstrata combined. 1H ’13 in…
Source: the company
Lost Ground
Glencore's semiannual netincome*
1H2012
2H
1H’13
2H
1H’14
2H
1H’15
2H
1H’16
-1
-1
-1
$0

Glencore launched the plan last year when investors were worried about the company’s then nearly $30 billion in net debt. The shares fell sharply, dropping almost 30% in one day. Glencore’s shares have since rebounded, more than doubling so far this year, driven by the rally in commodity prices and its progress in slashing debt. The stock fell 4.4% in morning trading in London.

The company is on track to reinstate its dividend, which it suspended last year as part of its debt-cutting plan, some time in 2017, Glencore’s CEO said.

Mr. Glasenberg, once one of the mining industry’s most voracious deal-makers, said the company doesn’t have plans to acquire new assets soon. Some investors have said they want the company to keep cutting debt and reinstate the dividend before snapping up new mines.

“There is nothing we’re really looking at right now,” Mr. Glasenberg said.

Mr. Glasenberg remained confident that the market for the commodities his company mines and sells will continue to improve, helped by demand in China and elsewhere. Prices for zinc and coal are up 43% and roughly a third respectively​this year, driven by production cuts and Beijing’s measures to stimulate the Chinese economy.

“We see demand looking not bad around the world,” Mr. Glasenberg said on a conference call with reporters. “Demand in China is still pretty good.”

Mr. Glasenberg said one disappointment this year has been a relatively flat price for copper, one of the company’s biggest earnings drivers. He said the market is unnecessarily worried about a “big wall of supply” expected to come into the market in the coming years.

“We don’t see it,” he said. “Inventory levels aren't indicating that copper should be at these levels.”

Glencore’s first-half revenue fell 6% to $69.4 billion, largely because of lower commodity prices in addition to lower copper, zinc, coal and oil production in the first half compared with the same period a year before. The company had cut production at some of its coal, zinc and copper mines in response to low prices and an oversupply of the commodities.

Glencore Chief Executive Ivan Glasenberg, pictured in London earlier this year, said on Wednesday that the worst of the commodity slump is over. Photo: Bloomberg News

Glencore said it has largely achieved a major plank of its debt-reduction plan, agreeing to $3.9 billion in asset sales so far this year. It has a target of between $4 billion and $5 billion in such sales.

In the latest move, Glencore said late Tuesday it struck a deal to sell a stream of future gold production and other metals from an Australian mine to Evolution Mining Ltd. for $670 million. The deal comes on top of a pair of other so-called streaming deals for gold and silver for a combined $1.4 billion.

The proceeds will be used to pay down net debt, which is now on track to fall to a revised $16.5 billion to $17.5 billion by year-end, down from a previous target of between $17 billion to $18 billion.

Net debt was $23.6 billion as of June end, down from $25.9 billion at the end of December.

Write to Scott Patterson at scott.patterson@wsj.com and Alex MacDonald at alex.macdonald@wsj.com
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 6:57 am

Global Stocks Little Changed as Oil Falls

Stocks and the dollar were listless in quiet trade Wednesday, as investors largely shrugged off a fresh fall in the oil price and signs of escalating geopolitical tensions.

Futures pointed to a 0.1% opening rise for the S&P 500, following modest gains in Europe. The WSJ Dollar Index, which measures the greenback against a basket of 16 currencies, was flat.

With few major catalysts on the economic calendar, the bulk of market attention is focused on Friday’s Jackson Hole conference, where U.S. Federal Reserve Chairwoman Janet Yellen is slated to speak. Any clues on the timing of the next interest rate rise could steer the dollar and offer fresh direction for markets, analysts say.

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Market volatility has ground to a halt in recent weeks, with many traders away from their desks for summer holidays. For 32 consecutive sessions, the S&P 500 index hasn’t moved more than 1% in either direction, a contrast from last August’s China-triggered volatility.

Brent crude oil reversed the previous session’s gains as reports of additional U.S. crude stocks overshadowed hopes Iran could agree to a production freeze accord.
Brent crude oil reversed the previous session’s gains as reports of additional U.S. crude stocks overshadowed hopes Iran could agree to a production freeze accord.Photo: Getty Images

Upside surprises in economic data have largely dissipated in recent sessions, but investors continue to bet on easy monetary policy, on a narrow path.

The yield on the 10-year Treasury note was last at 1.554%, compared with 1.553% on Tuesday. Treasurys are stuck in the tightest trading range in a decade, according to London Capital Group .

Wednesday’s quiet session came despite headlines pointing to escalating geopolitical tensions. North Korea showed signs of progress in its program to develop nuclear-tipped missiles, and Turkish and American military forces launched a major offensive in northwestern Syria as part of a campaign to push Islamic State off the border. Turkey’s ISE National 100 stock-market benchmark shed 1.8%, but markets elsewhere showed little reaction.

European stocks swung between small gains and losses in morning trade, and were last up 0.4%, as advances in banks and media companies offset declines in the basic resources sector.

Shares of Glencore PLC were down 5.6%, leading declines in the sector, after the commodities and mining group released disappointing first-half results. Glencore shares are still up more than 70% this year.

Oil and metals prices also both declined, weighing on mining companies. Brent crude oil was last down 1% at $49.46 a barrel, reversing Tuesday’s gains as reports of additional U.S. crude stocks overshadowed hopes Iran could agree to a production freeze accord.

Gold fell 0.4% to $1,341 an ounce, while copper prices dropped 0.5% to $4,683 a ton.

Earlier Wednesday, shares in Asia were mixed. Stocks in Hong Kong shed 0.8%, weighed by property companies, while Japanese stocks rose 0.6% as the dollar gained slightly against the yen, supporting shares of exporters.

The dollar was last down 0.1% against the yen at ¥100.2090, while the euro was down 0.2% against the dollar at $1.1279.

The South African rand was down 1.4% against the dollar following media reports the country’s finance minister was summoned to appear before a special police investigative unit. The rand is now in negative territory for the month.

Write to Riva Gold at riva.gold@wsj.com
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 7:00 am

Brazil Judge Authorizes Sale of Petrobras Unit to Mitsui

SÃO PAULO—A Brazilian federal judge ruled in favor of a 1.9-billion-real ($593 million) sale of a minority stake in a subsidiary of state-run oil firm Petróleo Brasileiro SA, or Petrobras, to Japan’s Mitsui & Co.

In December 2015, Petrobras completed the sale of a 49% stake in the natural-gas distribution unit Gaspetro to Mitsui, as part of the Brazilian state oil company’s plan to reduce its debt.

In January, a federal judge blocked the sale under allegations the deal didn’t meet certain transparency requirements, and because of worries that Petrobras may be repeating some of the actions that had led to a massive corruption scandal.

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Now, a different federal judge has allowed the sale, saying that the previous judge’s order was without merit.

The sale is part of a wide-ranging plan by Petrobras to shed assets and reduce its massive debt load amid weak fuel demand in recession-stricken Brazil and lower oil prices in the international market.

Petrobras, the oil industry’s most-indebted company, aims to divest $15 billion in assets by the end of 2016. The company’s total debt ended June at $123.92 billion.
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:09 am

-1.81 -0.07%
Japan: Nikkei 225 16597.30 99.94 0.61%
Stoxx Europe 600 345.59 1.99 0.58%
UK: FTSE 100 6853.99 -14.52 -0.21%
CURRENCIES9:09 AM EDT 8/24/2016
LAST(MID) CHANGE
Euro (EUR/USD) 1.1257 -0.0050
Yen (USD/JPY) 100.33 0.08
Pound (GBP/USD) 1.3245 0.0046
Australia $ (AUD/USD) 0.7622 0.0006
Swiss Franc (USD/CHF) 0.9676 0.0042
WSJ Dollar Index 85.83 0.14
GOVERNMENT BONDS9:08 AM EDT 8/24/2016
PRICE CHG YIELD
U.S. 10 Year -2/32 1.555
German 10 Year -3/32 -0.085
Japan 10 Year -3/32 -0.081
FUTURES8:59 AM EDT 8/24/2016
LAST CHANGE % CHG
Crude Oil 47.36 -0.74 -1.54%
Brent Crude 49.45 -0.51 -1.02%
Gold 1335.1 -11.0 -0.82%
Silver 18.935 -0.130 -0.68%
E-mini DJIA 18531 3 0.02%
E-mini S&P 500
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:28 am

-18
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:29 am

Oil down 47,32

Au down 1,333
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:29 am

Price: US$/lb

Copper August 24,09:18
Bid/Ask 2.1126 - 2.1131
Change -0.0171 -0.80%
Low/High 2.1094 - 2.1331
Charts

Nickel August 24,09:15
Bid/Ask 4.6102 - 4.6148
Change -0.0091 -0.20%
Low/High 4.5830 - 4.6375
Charts

Aluminum August 24,09:17
Bid/Ask 0.7491 - 0.7493
Change -0.0016 -0.22%
Low/High 0.7464 - 0.7523
Charts

Zinc August 24,09:18
Bid/Ask 1.0461 - 1.0465
Change +0.0002 +0.01%
Low/High 1.0398 - 1.0510
Charts

Lead August 24,09:17
Bid/Ask 0.8389 - 0.8394
Change -0.0003 -0.04%
Low/High 0.8367 - 0.8453
Charts

Uranium Aug 19, 2016
Ux U308 price: 26.00
Change from
previous week +0.00



London Metal Exchange Warehouse Stocks*
( August 23 )
Metal Tonnes in Storage Change from
previous day
Aluminum 2241550 -3500
Copper 229375 +18750
Nickel 373692 +180
Lead 187900 +875
Zinc 455200 -675
Charts
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:30 am

-18.01
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:30 am

LAST CHANGE % CHG
Get index data by Email
DJIA 18527.64 -19.66 -0.11%
Nasdaq 5255.24 -4.84 -0.09%
S&P 500 2185.21 -1.69 -0.08%
Russell 2000 1248.58 8.84 0.71%
Global Dow 2464.10 -3.34 -0.14%
Japan: Nikkei 225 16597.30 99.94 0.61%
Stoxx Europe 600 345.42 1.82 0.53%
UK: FTSE 100 6851.21 -17.30 -0.25%
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:31 am

LAST(MID) CHANGE
Euro (EUR/USD) 1.1264 -0.0042
Yen (USD/JPY) 100.31 0.07
Pound (GBP/USD) 1.3245 0.0046
Australia $ (AUD/USD) 0.7625 0.0009
Swiss Franc (USD/CHF) 0.9667 0.0033
WSJ Dollar Index 85.80 0.10
Futures9:21 AM EDT 8/24/2016
LAST CHANGE % CHG
Crude Oil 47.34 -0.76 -1.58%
Brent Crude 49.47 -0.49 -0.98%
Gold 1332.4 -13.7 -1.02%
Silver 18.805 -0.260 -1.36%
E-mini DJIA 18524 -4 -0.02%
E-mini S&P 500 2185.50 0.25 0.01%

Government Bonds9:31 AM EDT 8/24/2016
PRICE CHG YIELD
U.S. 10 Year 2/32 1.542
German 10 Year -1/32 -0.090
Japan 10 Year -3/32 -0.081
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:31 am

LAST CHANGE % CHG
Get index data by Email
UK: FTSE 100 6851.52 -16.99 -0.25%
Germany: DAX 10641.56 48.68 0.46%
France: CAC 40 4449.12 27.67 0.63%
Stoxx Europe 600 345.38 1.78 0.52%
Hang Seng 22820.78 -178.15 -0.77%
Japan: Nikkei 225 16597.30 99.94 0.61%
DJIA 18519.83 -27.47 -0.15%
Europe Dow 1568.66 -0.79 -0.05%
Global Dow 2463.75 -3.69 -0.15%
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:31 am

-28.22
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:32 am

LAST CHANGE % CHG
Get index data by Email
Japan: Nikkei 225 16597.30 99.94 0.61%
Hang Seng 22820.78 -178.15 -0.77%
Shanghai Composite 3085.88 -3.83 -0.12%
S&P BSE Sensex 28059.94 69.73 0.25%
Australia: S&P/ASX 5561.70 7.90 0.14%
UK: FTSE 100 6851.77 -16.74 -0.24%
DJIA 18518.12 -29.18 -0.16%
Asia Dow 2951.31 2.84 0.10%
Global Dow 2463.77 -3.67 -0.15%
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Re: Miercoles 24/08/16 Indice de casas

Notapor admin » Mié Ago 24, 2016 8:32 am

LAST CHANGE % CHG
Get index data by Email
Japan: Nikkei 225 16597.30 99.94 0.61%
Hang Seng 22820.78 -178.15 -0.77%
Shanghai Composite 3085.88 -3.83 -0.12%
S&P BSE Sensex 28059.94 69.73 0.25%
Australia: S&P/ASX 5561.70 7.90 0.14%
UK: FTSE 100 6851.77 -16.74 -0.24%
DJIA 18518.12 -29.18 -0.16%
Asia Dow 2951.31 2.84 0.10%
Global Dow 2463.77 -3.67 -0.15%
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