Martes 08/03/11 indice del optimismo pequenios negocios

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7:37 a.m. EST 03/08/11Treasurys
    Price Chg Yield %
2-Year Note   -0/32 0.705
10-Year Note   0/32 3.516
* at close
7:41 a.m. EST 03/08/11Futures
  Last Change Settle
Crude Oil 104.70 -0.74 105.44
Gold 1433.8 -0.7 1434.5
DJ Industrials 12081 3 12078
S&P 500 1311.70 2.60 1309.10
7:53 a.m. EST 03/08/11Currencies
  Last (bid) Prior Day †
Japanese Yen (USD/JPY) 82.56 82.26
Euro (EUR/USD) 1.3906 1.3977
† Late Monday in New York.

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Copper March 08,07:39
Bid/Ask 4.2709 - 4.2726
Change -0.0421 -0.98%
Low/High 4.2319 - 4.3334
Charts

Nickel March 08,07:39
Bid/Ask 12.2300 - 12.2368
Change -0.1887 -1.52%
Low/High 12.0485 - 12.6337
Charts

Aluminum March 08,07:37
Bid/Ask 1.1400 - 1.1409
Change +0.0008 +0.07%
Low/High 1.1304 - 1.1449
Charts

Zinc March 08,07:39
Bid/Ask 1.0682 - 1.0688
Change -0.0157 -1.45%
Low/High 1.0484 - 1.0901
Charts

Lead March 08,07:39
Bid/Ask 1.1562 - 1.1584
Change -0.0168 -1.43%
Low/High 1.1469 - 1.1806
Charts

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S&P alerta acerca de la inflacion en el Asia.

El circulo intimo deGadhafi contempla el fin de su poder.

Brent down 114.42, oil down 104.98

Los futuresdel Dow Jones pasaron al rojo

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Yields down 3.51%

Geithner hablara con Trichet.

Ag down 36.26, futures cu down 4.28

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Libor igual 0.31%

Europa a la baja, el Asia cerro al alza.

Oil down 105.07

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Un sospechoso de terrorismo fue arrestado en Scotland.

23 trabajadores de una planta de petroleo (Talisman de Canada) fueron secuestrados.

Brent down 113.90

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Microsoft pagara mas de $1 billon a Nokia.

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Reportaron que Gadhafi esta buscando una salida pacifica a la crisis en Libia. Parece que se va.

Boeing acordo vender 38 jets a Hong Kong y 5 747-8 a Air China.

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Chine busca aumentar sus importaciones

China piensa reducir su surplus comercial pero buscando otras maneras de hacerlo sin que el yuan suba rapidamente para disminuir las tensiones con el resto del mundo.

China podria reducir las tarifas a los productos que importa especialmente de los paises en desarrollo.

China quiere estabilizar sus exportaciones, aumentar sus importaciones y disminuir su surplus.
China Looks to Lift Imports
Beijing Seeks to Reduce Trade Surplus With Other Means Than Higher Yuan

By AARON BACK
BEIJING—China plans to shrink its trade surplus further this year but is looking for ways other than rapid yuan appreciation to ease tensions with global trading partners, said the nation's commerce minister.

Beijing wants to "stabilize exports, grow imports, and shrink the trade surplus," Chen Deming said at a press briefing on the sidelines of the National People's Congress, the annual meeting of China's legislature.

China's leaders' pledges during the National People's Congress include boosting the incomes of the less wealthy and taming inflation. WSJ's Jake Lee and Asia Heard on the Street Editor Mohammed Hadi discuss.

His comments, on the heels of a long list of economic goals laid out by Premier Wen Jiabao, indicate that while the government wants to reduce its large surpluses, it remains wary of allowing rapid appreciation of the currency as a means to do so. The U.S. and others have long accused China of manipulating its currency to keep it artificially low, giving the country an unfair trade advantage.

Mr. Chen said China's trade surplus would likely fall this year, both in absolute terms and as a percentage of gross domestic product, as imports grow faster than exports. Several adverse conditions, including rising prices for raw materials, rising labor costs, and a still-uncertain outlook for the global economy, cloud the outlook for China's exports, he said.

China can't rule out the possibility that it may run a trade deficit for a few months this year, he added.

To boost imports, China is considering cutting tariffs on imported goods and will unilaterally cut tariffs on goods imported from less-developed countries, Mr. Chen said, underscoring the government's priority to shift the economy away from its dependence on exports and industry and toward greater domestic consumption.

In particular, China wants to expand imports from the U.S. and views rebalancing bilateral trade with the world's largest economy as the key to resolving its overall trade surplus, Mr. Chen said.

China's trade surplus narrowed for the second consecutive year to $183 billion in 2010, according to government figures. However, the country's surplus with the U.S. for the year expanded by 26%, to $181.27 billion, which has led to calls from U.S. officials for China to allow faster appreciation of the yuan against the dollar.

Mr. Chen reiterated China's standard line that reform of the yuan exchange rate will be gradual and controlled. He expressed skepticism of an argument that a rising yuan can help offset inflation pressure.

Currency appreciation can help curb inflation in theory, he said, but added that based on his own experience and observations, "in fact, the effect of the exchange rate on inflation can be positive or negative. So we can't look at this too simply. It depends for example on the structure of imports."

In wide-ranging comments,Mr. Chen also defended China's stance on limiting exports of rare-earth metals, arguing that their development is harmful to the environment.

He said he hopes that other countries can share the burden of rare-earth development. China has about 30% of the world's rare-earth reserves, but accounts for more than 90% of global rare-earth production, he said.

China should channel more of its export earnings into international expansion by Chinese companies, Mr. Chen said, rather than funneling it all into China's ever-growing pile of foreign-exchange reserves. Mr. Chen noted that Germany, another major export power, has much lower foreign-exchange reserves because "Germans are quite good at foreign investment."

Last month, China gave in to pressure from its trading partners after years of resistance and agreed at a meeting of the Group of 20 industrial and developing nations to allow exchange rates to be included in a set of indicators that could be used to gauge whether countries' economic policies are contributing to global imbalances.

China's currency hit 6.5565 yuan against the dollar Monday. The yuan has risen 4% against the U.S. unit since June, when China effectively ended its two-year-long peg to the dollar.

—Jean Yung in Shanghai contributed to this article.
Write to Aaron Back at aaron.back@dowjones.com

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Starbucks introducira su producto de cafe instantaneo a China.

Las ventas globales de McDonald's suben 3.9% mas del 3.8% estimado.

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Yields down 3.49%

Oil down 105.32

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La confianza de las pequenias companias subio a su nivel mas alto en tres anios.

Los pequenios negocios representan mas del 99% de todos las empresas y han creado el 65% de los empleos nuevos en los ultimos 17 anios, de acuerdo a la U.S. Small Business Administration.

Las expectativas de ventas tambien aumentaron, el indice del optimismo subio a 94.5.

Confidence at U.S. Small Companies Hits Three-Year High
By Bob Willis - Mar 8, 2011 7:30 AM ET
Small businesses represent more than 99 percent of all U.S. employers and have created 65 percent of new jobs in the past 17 years, according to the U.S. Small Business Administration. Photographer: Andrew Harrer/Bloomberg
Confidence among U.S. small companies rose in February to the highest level in three years as hiring and sales expectations increased, a survey showed.

The National Federation of Independent Business’s optimism index climbed to 94.5, the highest since the recession began in December 2007, the Washington-based group said today in a statement. The reading compares with the average 100.7 during the previous expansion that started in November 2001.

Hiring plans rose to the second-highest level since September 2008, a sign employment may pick up in coming months. At the same time, earnings expectations remained negative, and fewer businesses said it was a good time to expand.

“The future is looking brighter for a few more small- business owners,” William Dunkelberg, the group’s chief economist, said in the statement. Still, he said, “this is not a reading that characterizes a strongly rebounding economy.”

Figures on employment turned more optimistic. Small businesses with plans to add to payrolls rose 2 points to a net 5 percent. A net 15 percent of firms in the February survey said they were having trouble filling job openings, the highest level since September 2008.

“Employment in the small-business space is increasing slowly,” Kiran Patel, general manager at the small business group at Intuit Inc., which markets software solutions for small- and medium-sized firms, told a teleconference on March 2. “Things are a lot better today than they were 18 months ago, but we are far from being at the place where we were before the deep recession.”

Sales Outlook
The net percent of small business owners projecting higher sales, adjusted for inflation, rose 1 point to 14 percent, the highest level since September 2007.

The gauge of expectations for better business conditions six months from now fell 1 percentage point to a net 9 percent. An index of whether firms think this is a good time to expand declined by 1 point to 7 percent.

A measure of trends in earnings increased 1 point to minus 27 percent, today’s report showed. Those expecting credit conditions to ease held at a minus 10 percent.

The survey’s net figures are calculated by subtracting the percent of business owners giving a negative answer from those giving a positive response and adjusting the results for seasonal variations.

Plans for capital investment over the next few months held at a net 22 percent, while a net 2 percent of small business owners said their inventories were too low, up from zero in the prior month, signaling renewed stockpiling.

Price Cutting Ends
February’s report also signaled the “end of a long period of price cutting,” the statement said, without providing specific numbers. “This signals a return in the months ahead to increases in average prices as supply adjustments restore pricing power.”

The NFIB report was based on 774 survey responses through the month of February. Small businesses represent more than 99 percent of all U.S. employers and have created 65 percent of new jobs in the past 17 years, according to the U.S. Small Business Administration. A small business is defined as an independent enterprise employing up to 500 people.

To contact the reporter on this story: Bob Willis in Washington at

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PETROLEO-OPEP considera subir producción, aún no decide: Kuwait
martes 8 de marzo de 2011 05:38 GYT
Imprimir[-] Texto [+] KUWAIT (Reuters) - La Organización de Países Exportadores de Petróleo (OPEP) está en consultas respecto a un aumento potencial en la producción de petróleo, pero la medida aún no está aprobada, dijo el martes el ministro de Petróleo de Kuwait.
"Estamos en consultas sobre un potencial incremento en la producción", dijo Sheikh Ahmad al-Abdullah al-Sabah a los periodistas al ingresar al edificio del Parlamento de Kuwait.

Consultado sobre sí Kuwait ha incrementado su producción, Al-Sabah dijo, "No incrementamos la producción, manteniéndonos según lo fijado en las cuotas".

Sin embargo, Al-Sabah dijo que cree que Arabia Saudita ya aumentó su producción en respuesta al declive en producción del país miembro de la OPEP Libia ocasionada por su sangriento conflicto.

Al-Sabah no ofreció un cronograma respecto a cuando la OPEP podría decidir sobre un aumento de la producción que involucre a todo el grupo o si los ministros se reunirán pronto para discutir sus políticas.

A las 0634 GMT, el crudo Brent de Londres retrocedía 1,5 dólares, a 113,54 dólares el barril, más de 6 dólares a la baja desde el máximo que tocó el 24 de febrero a 119,79 dólares, su máximo histórico desde el 2008, cuando tocó los 147,5 dólares.

Separadamente el martes, el ministro de Petróleo de Qatar, Mohammed Saleh Al-Sada, dijo que los "inventarios y la producción de crudo están en un nivel global aceptable".

Sada dijo que los países de la OPEP y los que no integran el grupo intervendrían para compensar por cualquier pérdida de producción en Libia "en una manera oportuna", pero declinó comentar sobre planes específicos.

El Financial Times reportó el martes que miembros de la OPEP incluyendo a Kuwait, los Emiratos Arabes Unidos y Nigeria tienen planes de aumentar su producción en hasta 300.000 barriles por día en las próximas semanas, citando a funcionarios de la industria.

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China cancela exigencias reservas a algunos bancos: fuentes
martes 8 de marzo de 2011 08:00 GYT Imprimir [-] Texto [+]
PEKIN (Reuters) - China dió marcha atrás en los incrementos de las exigencias de reservas a varios bancos al considerar que fueron más prudentes a la hora de conceder préstamos en febrero, dijeron dos fuentes a Reuters el martes.

Las fuentes, conocedoras del proceso, no precisaron el nombre de las entidades.

Los cambios forman parte, según las fuentes, del sistema "dinámico diferenciado de ratio de reservas exigidas" de China.

"Si el ritmo de préstamos es razonable e indicadores como el ratio de adecuación de capital son normales, es lógico bajar el ratio de reservas exigidas", dijo una fuente a Reuters.

La agencia oficial Xinhua publicó en febrero que el Banco Popular de China había impuesto alzas punitivas de las reservas a más de 40 bancos este año para moderar la fuerte concesión de créditos.

(Información de Reuters China. Traducido por la Redacción de Madrid; editado por Carlos Aliaga vía Mesa Santiago)

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