Miércoles 10/12/22 Precios de los productores

[admin]

Miércoles
Eventos económicos

Precios de los productores

Producer price index, final demand Sept. 0.2% -0.1%
12 noon Minneapolis Fed President Neel Kashkari speaks at town hall
1:45 pm Fed Vice Chair Michael Barr speaks at DC Fintech Week event
2 pm FOMC minutes
6:30 pm Fed Gov. Michelle Bowman speaks at Money Market

[admin]

-115.91 -1.10
Japan: Nikkei 225 26364.25 -37.00 -0.14
UK: FTSE 100 6885.23 -74.08 -1.06
Crude Oil Futures 88.63 -0.72 -0.81
Gold Futures 1671.40 -14.60 -0.87
Yen 146.19 0.33 0.23
Euro 0.9699 -

[admin]

-23.55 -0.65
China: Shanghai Composite 2948.81 -30.98 -1.04
Japan: Nikkei 225 26364.25 -37.00 -0.14
UK: FTSE 100 6885.23 -74.

[admin]

CHG %CHG
Crude Oil Futures 88.62 -0.73 -0.82
Brent Crude Futures 93.72 -0.57 -0.60
Gold Futures 1671.20 -14.80 -0.88
Silver Futures 19.085 -0.402 -2.06
DJIA Futures 29324 58 0.20
S&P 500 Futures 3607.50 8.25 0

[admin]

AST CHG %CHG
Euro (EUR/USD) 0.9699 -0.0007 -0.07
Japanese Yen (USD/JPY) 146.19 0.33 0.23
U.K. Pound (GBP/USD) 1.0942 -0.0026 -0.24
Swiss Franc (USD/CHF) 0.9978 0.0010 0.10
Chinese Yuan (USD/CNY) 7.1773 0.0115 0.16
U.S. Dollar Index 113.47

[admin]

Copper October 11,22:59
Bid/Ask 3.4499 - 3.4510
Change -0.0188 -0.54%
Low/High 3.3906 - 3.5245
Charts

Nickel October 11,14:03
Bid/Ask 9.9987 - 10.0032
Change +0.0000 +0.00%
Low/High 9.9987 - 10.0032
Charts

Aluminum October 11,22:59
Bid/Ask 1.1043 - 1.1056
Change -0.0082 -0.73%
Low/High 1.1006 - 1.1178
Charts

Zinc October 11,22:59
Bid/Ask 1.3451 - 1.3458
Change -0.0113 -0.84%
Low/High 1.3444 - 1.3730
Charts

Lead October 11,22:59
Bid/Ask 0.9352 - 0.9363
Change -0.0048 -0.51%
Low/High 0.9327 - 0.9426
Charts

Uranium Oct 03, 2022
Ux U308 price: 48.25
Change from
previous w

[admin]

Nasdaq Falls Into Bear Market After Volatile Day
Stocks fell after Bank of England governor warned that bond-buying program will end this week as scheduled

By Corrie Driebusch and Will Horner
Updated Oct. 11, 2022 4:49 pm ET
The S&P 500 and the Nasdaq Composite fell Tuesday in volatile trading, upended by Bank of England Gov. Andrew Bailey’s remark that the U.K. central bank’s plan to rescue pension funds hit by interest-rate increases will end as scheduled Friday.

Stocks had opened lower, with investors weighing how higher interest rates and soaring inflation will affect the upcoming earnings season. Stocks turned higher at midday, then reversed course in the final hour of trading after Mr. Bailey’s comments.

Advertisement - Scroll to Continue

The S&P 500 fell 23.55 points, or 0.7%, to 3588.84. The Nasdaq fell 115.91 points, or 1.1%, to 10426.19.

The Dow Jones Industrial Average edged up 36.31 points, or 0.1%, to 29239.19, aided by big gains in Amgen Inc. AMGN 5.72%▲ The biotech stock jumped $13.29, or 5.7%, to $245.44, making it the best performer in the Dow on Tuesday.

Mr. Bailey’s comments were taken as negative on Wall Street because they raise the prospect of further asset sales by U.K. pension funds in the face of large interest-rate increases.

The program of bond buys launched Sept. 28 had been intended to give the funds a “window of opportunity” to sell assets in an orderly fashion, but Mr. Bailey said that opportunity would end on Oct. 14.

“You’ve got three days left,” Mr. Bailey said in remarks addressed to pension funds. “You’ve got to get this done.”

Some traders said that the earlier midday bounce higher was not so much a sign of strength, but rather a sign of so-called short covering.

Advertisement - Scroll to Continue

Some traders make money by betting that stocks are headed lower. To do so, they borrow shares and sell them, hoping to profit by buying these shares back at a lower price at a later date. When stocks start to climb, those gains can be accelerated by short sellers covering their bets by buying shares. But Mr. Bailey’s comments scared off many buyers.

“No one wants to hold a position overnight if they think it’s going to open up weaker the next day,” said Mohit Bajaj, director of ETF trading solutions at WallachBeth Capital.

Investors have been grappling throughout the year with the effects of decades-high inflation and the Federal Reserve’s attempts to tame it with higher interest rates. For many, the concerns have grown deeper in recent weeks as inflation remains stubbornly high and traders worry that the Fed will cool the economy so much that it tips into a recession.

“The question now is not if there will be a recession, it’s when and how bad,” said Justin Wiggs, managing director in equity trading at Stifel Nicolaus. One week ago, traders were cheering the biggest two-day rally in the Dow and S&P 500 in two years, but stocks have fallen steadily since then. Both the Dow and the S&P 500 remain in bear markets.

Advertisement - Scroll to Continue

U.S. inflation data due Thursday will show whether the Fed’s sizable interest-rate rises are working to tame soaring consumer prices. A larger-than-forecast rise could bolster expectations that Fed officials will opt for another supersize 0.75 percentage point increase at their next meeting.

Meanwhile, investors are bracing for the first wave of major corporate earnings reports due this week, which are expected to show companies struggling with high rates and weakening consumer demand. PepsiCo reports Wednesday while financial titans such as BlackRock, JPMorgan Chase and Morgan Stanley report later in the week.

“First-quarter and second-quarter earnings came in remarkably well. The third quarter may be the pivot point at which we see earnings cannot keep growing to the sky, and that companies are subject to the economic headwinds we are facing from all kinds of directions,” said David Donabedian, chief investment officer at CIBC Private Wealth US.

And what’s even more important than third-quarter results, some investors say, is the guidance corporate leaders give about next year.

Yields on benchmark U.S. government bonds continued their ascent, coming within sight of the 4% level. The yield on the benchmark 10-year Treasury note rose to 3.938%, its second-highest level of the year, from 3.883% on Friday. The U.S. bond market was closed Monday for the Columbus Day holiday.

Advertisement - Scroll to Continue

In commodity markets, oil weakened as concerns about the economy returned to the fore. Prices rose last week after the Organization of the Petroleum Exporting Countries and its Russia-led allies agreed to slash their output. On Tuesday, Brent crude, the international oil benchmark, shed 2% to $94.29 a barrel.


Traders worked on the floor of the New York Stock Exchange on Friday.Photo: Michael Nagle/Zuma Press
Overseas indexes slumped. In Japan, the Nikkei 225 fell 2.6%. Hong Kong’s Hang Seng closed 2.2% lower, hitting its lowest level in more than a decade.

In Europe, the pan-continental Stoxx Europe 600 fell 0.6%, led by losses among its oil-and-gas and chemicals companies.

[admin]

LAST CHG %CHG
DJIA 29326.67 87.48 0.30
S&P 500 3590.18 1.34 0.04
Nasdaq Composite 10406.93 -19.26 -0.18
Japan: Nikkei 225 26396.83 -4.42 -0.02
UK: FTSE 100 6819.50 -65.73 -0.95
Crude Oil Futures 88.14 -1.21 -1.35
Gold Futures 1677.80 -8.20 -0.49
Yen 146.

[admin]

Los precios al por mayor subieron un 0,4 % en septiembre, más de lo esperado a medida que persiste la inflación

PUBLICADO EL miércoles 12 DE OCTUBRE DE 20228:32 A. M. EDTACTUALIZADO HACE 28 MINUTOS

Jeff Cox

@JEFF.COX.7528

@JEFFCOXCNBCCOM

El índice de precios al productor aumentó un 0,4 % en septiembre, en comparación con la estimación de Dow Jones para una ganancia del 0,2 %.

Excluyendo los servicios de alimentos, energía y comercio, el índice aumentó un 0,4 % durante el mes y un 5,6 % desde hace un año.

VER AHORA

VIDEO04:09

Los precios al por mayor suben un 0,4 % en septiembre, más alto de lo esperado

Los precios al por mayor aumentaron más de lo esperado en septiembre a pesar de los esfuerzos de la Reserva Federal para controlar la inflación, según un informe del miércoles de la Oficina de Estadísticas Laborales.

El índice de precios al productor, una medida de los precios que las empresas estadounidenses obtienen por los bienes y servicios que producen, aumentó un 0,4 % durante el mes, en comparación con la estimación del Dow Jones para una ganancia del 0,2 %. A 12 meses, el PPI aumentó un 8,5 %, lo que fue una ligera desaceleración con respecto al 8,7 % en agosto.

Excluyendo los servicios de alimentos, energía y comercio, el índice aumentó un 0,4 % durante el mes y un 5,6 % con respecto a hace un año, este último igualando con el aumento de agosto.

La inflación ha sido el mayor problema de la economía durante el último año, ya que el costo de vida se acerca a su nivel más alto en más de 40 años.

La Reserva Federal ha respondido aumentando las tasas cinco veces este año por un total de 3 puntos porcentuales y se espera que implemente un cuarto aumento consecutivo de 0,75 puntos porcentuales cuando se reúna de nuevo en tres semanas.

Un trabajador instala el cuadro de instrumentos para los camiones F-150 Lightning alimentados por batería de Ford Motor Co. en producción en su Rouge Electric Vehicle Center en Dearborn, Michigan, el 20 de septiembre de 2022.

Jeff Kowalsky | AFP | Getty Images

Sin embargo, los datos del miércoles muestran que la Reserva Federal todavía tiene trabajo por hacer. De hecho, la presidenta de la Reserva Federal de Cleveland, Loretta Mester, dijo el martes que "no ha habido ningún progreso en la inflación". Tras el lanzamiento de PPI, los operadores tuvieron un precio del 81,3 % de probabilidad de un aumento de tres puntos, lo mismo que hace un día.

Los futuros del mercado de valores recortaron las ganancias después de las noticias, mientras que los rendimientos del Tesoro cambiaron poco en la sesión.

El lanzamiento de PPI se adelanta un día al índice de precios al consumidor más observado. Los dos difieren en que el PPI mide los precios recibidos a nivel mayorista, mientras que el IPC mide los precios que pagan los consumidores.

Alrededor de dos tercios del aumento en el PPI se atribuyó a una ganancia del 0,4 % en los servicios, dijo el BLS. Un gran contribuyente a ese aumento fue un aumento del 6,4 % en los precios recibidos por los servicios de alojamiento para viajeros.

Los precios de los bienes de la demanda final también aumentaron un 0,4 % en el mes, impulsados por un avance del 15,7 % en el índice de verduras frescas y secas.

TENDENCIA AHORA

Los precios al por mayor subieron un 0,4 % en septiembre, más de lo esperado a medida que persiste la inflación

Ucrania critica los arrestos en el puente de Crimea; se restablece la energía en la central nuclear ocupada

Mark Cuban atribuye su primer trabajo técnico a una estrategia de entrevista: respondí honestamente a una pregunta engañosa

Las acciones suben a medida que los inversores miran hacia adelante a los datos clave de inflación de los consumidores

La FDA autoriza las vacunas de refuerzo de omicrono Covid para niños de tan solo 5 años

[admin]

LAST CHG %CHG
DJIA 29271.80 32.61 0.11
S&P 500 3586.27 -2.57 -0.07
Nasdaq Composite 10419.30 -6.89 -0.07
Japan: Nikkei 225 26396.83 -4.42 -0.02
UK: FTSE 100 6826.15 -59.08 -0.86
Crude Oil Futures 87.26 -2.09 -2.34
Gold Futures 1680.40 -5.60 -0.33
Yen 146.88 1.02 0.70
Euro 0.9694

[admin]

LAST CHG %CHG
Crude Oil Futures 87.20 -2.15 -2.41
Brent Crude Futures 92.53 0.08 0.09
Gold Futures 1679.80 -6.20 -0.37
Silver Futures 19.000 -0.487 -2.50
DJIA Futures 29348 82 0.28
S&P 500 Futures 3600.25 1.00 0.03

[admin]

Copper October 12,14:56
Bid/Ask 3.4472 - 3.4485
Change -0.0039 -0.11%
Low/High 3.4472 - 3.4631
Charts

Nickel October 12,14:56
Bid/Ask 9.8602 - 10.0799
Change -0.3162 -3.11%
Low/High 9.8602 - 10.3328
Charts

Aluminum October 12,14:56
Bid/Ask 1.1000 - 1.1412
Change -0.0578 -4.99%
Low/High 1.1000 - 1.1587
Charts

Zinc October 12,14:50
Bid/Ask 1.3352 - 1.3369
Change -0.0144 -1.07%
Low/High 1.3352 - 1.3541
Charts

Lead October 12,14:44
Bid/Ask 0.9414 - 0.9519
Change -0.0087 -0.92%
Low/High 0.9414 - 0.9528
Charts

Uranium Oct 10, 2022
Ux U308 price: 48.50
Change from
previous we

[admin]

https://www.bvl.com.pe/

[admin]

Fed officials expect higher rates to stay in place, meeting minutes show
PUBLISHED WED, OCT 12 20222:01 PM EDTUPDATED 12 MIN AGO
thumbnail
Jeff Cox
@JEFF.COX.7528
@JEFFCOXCNBCCOM
Fed minutes: Central bank plans to continue tightening despite slowing labor marketWATCH NOW
VIDEO03:03
Fed minutes: Central bank plans to continue tightening despite slowing labor market
Federal Reserve officials have been surprised at the pace of inflation and indicated at their last meeting that they expect higher interest rates to remain in place until prices come down, according to minutes released Wednesday from the central bank’s September meeting.

In discussions leading up to a 0.75 percentage point rate hike, policymakers noted that inflation is especially taking its toll on lower-income Americans.

They reiterated rate hikes are likely to continue and higher rates will prevail until the problem is showing signs of resolving.

“Participants judged that the Committee needed to move to, and then maintain, a more restrictive policy stance in order to meet the Committee’s legislative mandate to promote maximum employment and price stability,” the meeting summary stated.

Officials further noted that with inflation “showing little sign so far of abating … they had raised their assessment of the path of the federal funds rate that would likely be needed to achieve the Committee’s goals.”

The S&P 500 gained slightly on Wednesday after the release of the minutes as some traders took one comment as a signal the Fed could back off its rapid tightening if there was more financial markets turbulence.


“Several participants noted that, particularly in the current highly uncertain global economic and financial environment, it would be important to calibrate the pace of further policy tightening with the aim of mitigating the risk of significant adverse effects on the economic outlook,” the minutes said.

The meeting happened ahead of a recent flow of data showing that inflation pressures do remain elevated, though not at the pace they were earlier this year. The Fed’s preferred inflation gauge of consumer price expenditures rose 6.2% from a year ago – 4.9% excluding food and energy – in August, according to data last month that was well above the central bank’s 2% target.

A report Wednesday showed producer prices rose 0.4% in September.

“Participants observed that inflation remained unacceptably high and well above the Committee’s longer-run goal of 2 percent,” the minutes said. “Participants commented that recent inflation data generally had come in above expectations and that, correspondingly, inflation was declining more slowly than they had previously been anticipating.“

Members of the rate-setting Federal Open Market Committee noted at the meeting that the economy needs to slow to get inflation to cool. They lowered their projections for the economy, expecting GDP to grow at only a 0.2% annualized pace in 2022 and just 1.2% in 2023, well below trend and big drop from 2021, which saw the strongest gains since 1984.

Long-term inflation outlook

They said inflation was being driven by supply chain problems that were not limited to goods but also to a shortage of labor.

However, officials also expressed optimism that policy would help loosen the labor market and bring down prices. Officials have said lately they don’t expect rates to stay high until inflation comes all the way down to 2%.

“Participants judged that inflation pressures would gradually recede in coming years,” the summary said.

The meeting concluded with the FOMC approving its third consecutive 0.75 percentage point increase, taking benchmark rates to a range of 3%-3.25%. Markets widely expect a similar-size rise to be approved at the next meeting in early November.

Officials did note that they see a point coming when the pace of rate hikes at least will decelerate, though they did not put a time frame on when that will happen.

The minutes said FOMC members noted it “would become appropriate at some point to slow the pace of policy rate increases while assessing the effects of cumulative policy adjustments on economic activity and inflation.“

They said that time would come after the fed funds rate had “reached a sufficiently restrictive level,” after which “it likely would be appropriate to maintain that level for some time until there was compelling evidence that inflation was on course to return to the 2 percent objective.“

The summary of economic projections at the meeting pointed to a “terminal rate,” or end point of rate increases to be around 4.6%. Markets expect the Fed to hike into early 2023 then keep rates there through the year.

Correction: Data on the Fed’s preferred inflation gauge of consumer price expenditures was released last month. An earlier version misstated the timing.

[admin]

LAST CHG %CHG
DJIA 29210.85 -28.34 -0.10
S&P 500 3577.03 -11.81 -0.33
Nasdaq Composite 10417.10 -9.09 -0.09
Japan: Nikkei 225 26396.83 -4.42 -0.02
UK: FTSE 100 6826.15 -59.08 -0.86
Crude Oil Futures 87.04 -2.31 -2.59
Gold Futures 1681.40 -4.60 -0.27
Yen 146.88 1.02 0.70
Euro 0.9700