Jueves 10/03/11 Comercio Internacional

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Eventos economicos

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8:30 AM ET

Jobless Claims
8:30 AM ET

Quarterly Services Survey
10:00 AM ET

EIA Natural Gas Report
10:30 AM ET

3-Month Bill Announcement
11:00 AM ET

6-Month Bill Announcement
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30-Yr Bond Auction
1:00 PM ET

Treasury Budget
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4:30 PM ET

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9:17 p.m. EST 03/09/11Futures
  Last Change Settle
Crude Oil 104.79 0.41 104.38
Gold 1429.3 -0.3 1429.6
DJ Industrials 12150 -24 12174
S&P 500 1311.00 -4.70 1310.60
9:28 p.m. EST 03/09/11Currencies
  Last (bid) Prior Day †
Japanese Yen (USD/JPY) 82.76 82.71
Euro (EUR/USD) 1.3916 1.3904
† Late Wednesday in New York.

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Cobre al alza


Copper March 09,21:19
Bid/Ask 4.2385 - 4.2401
Change +0.0351 +0.83%
Low/High 4.2368 - 4.2651
Charts

Nickel March 09,21:15
Bid/Ask 12.1907 - 12.2089
Change +0.1368 +1.14%
Low/High 12.0539 - 12.2543
Charts

Aluminum March 09,21:13
Bid/Ask 1.1453 - 1.1454
Change -0.0006 -0.05%
Low/High 1.1449 - 1.1487
Charts

Zinc March 09,21:19
Bid/Ask 1.0289 - 1.0305
Change +0.0010 +0.10%
Low/High 1.0233 - 1.0356
Charts

Lead March 09,21:15
Bid/Ask 1.1505 - 1.1542
Change +0.0155 +1.36%
Low/High 1.1351 - 1.1551
Charts

[admin]

Korea sube intereses al 3%

Australia pierde empleos.

[admin]

El Asia a la baja

Asia-Pacific
INDEX VALUE CHANGE % CHANGE TIME
NIKKEI 225 10,473.80 -115.69 -1.09% 21:00
HANG SENG INDEX 23,705.70 -104.43 -0.44% 21:12
S&P/ASX 200 INDEX 4,715.40 -52.40 -1.10% 21:29

[admin]

Euro down 1.3890

El Nikkei -1.09%, el Hang Seng -0.6%, el Shanghai C. -1.13%, Korea -0.95%, Australia -1.4%

Yields down 3.46%

Los futures del Dow Jones 40 puntos a la baja.

[admin]

Esta que si es una sorpresa!

China reporta sopresivamente deficit comercial debido a que sus exportaciones se enfrian

China reporto un inesperado $7.3 billones de deficit comercial en Febrero despues de que el Anio Nuevo Lunar interrumpio las exportaciones de ese pais.

Esa cifra se compara con lso $6.5 billones de surplus en Enero. Se esperaba un surplus de $4.9 billones. Las exportaciones aumentaron 2.4% con respecto al anio pasado y las importaciones aumentaron 19.4%

China Reports Unexpected Trade Deficit as Export Growth Cools
By Bloomberg News - Mar 9, 2011 10:12 PM ET
China reported an unexpected $7.3 billion trade deficit in February after a Lunar New Year holiday disrupted exports, the customs bureau said.

Today’s number compared with a $6.5 billion surplus in January. The median estimate in a Bloomberg News Survey of 21 economists was for a $4.9 billion surplus. Exports increased 2.4 percent from a year earlier and imports climbed 19.4 percent.

The nation’s first trade deficit since March last year may deflect international pressure for yuan gains after U.S. Treasury Secretary Timothy Geithner repeated calls for a faster pace of appreciation. Commerce Minister Chen Deming said March 7 that it’s “totally unreasonable” to say the yuan is undervalued.

Cutting the nation’s surplus “would bolster Chinese government’s argument that it is gradually rebalancing the economy,” David Cohen, a Singapore-based economist for Action Economics who has previously worked for the U.S. Federal Reserve, said before today’s release.

Economists combine Chinese economic data for the first two months of the year to eliminate distortions caused by a weeklong Lunar New Year holiday. On that basis, the nation had a deficit of about $890 million, compared with a surplus of about $22 billion a year earlier. Higher commodity prices boosted the value of imports over the period.

The median forecast of economists in a Bloomberg News survey was for a 27 percent increase in February exports from a year earlier and a 33 percent gain in imports. Outbound shipments rose 38 percent in January, while imports surged 51 percent.

[admin]

Gadhafi ataca targets de petroleo

Las fuerzas de Gadhafi atacaron por aire y tierra en la costa de Libia.

Qaddafi Strikes Oil Targets as Libya's East-West Split Hardens
By Ola Galal and Robert Tuttle - Mar 9, 2011 8:43 PM ET
Libyan leader Muammar Qaddafi gestures as he arrives at the Rixos hotel in the capital Tripoli on March 8, 2011. Photographer: Mahmud Turkia/AFP/Getty Images
Muammar Qaddafi’s forces carried out air and artillery strikes on oil facilities midway along Libya’s coastline as fighting flared across a desert area that is now the east-west dividing line in the nation’s civil war.

Warplanes sent from Qaddafi’s home region of Sirte struck the Ras Lanuf refinery, the country’s largest crude processing plant, Al Jazeera television said. The nation’s largest oil terminal, at the port of Sidra, was hit and part was in flames, Al Jazeera said.

“With the violence escalating, it was a question of time when oil facilities would be drawn into the fighting,” Samuel Ciszuk, senior Middle East energy analyst at IHS Global Insight in London, said in a phone interview. “To dislodge opposition forces, you need to take these facilities. That would entail hitting some.”

Fighting has intensified this week as Qaddafi has sought to turn back rebels’ advances from Ras Lanuf. Oil prices rose in London and declined in New York trading after a strong domestic oil supply report.

The geographic split, with rebels in the east and Qaddafi controlling the west, may result in a partition of the country, said Ryan Crocker, a former U.S. ambassador to Iraq, Pakistan, Syria, Kuwait and Lebanon.

“Qaddafi’s going to hang on,” Crocker said in a speech at CERAWeek, an IHS Cambridge Energy Research Associates conference in Houston. “I’m not sure whether he can hold the country, but I am sure that the insurgents aren’t going to take him.”

Most Wanted Man
In a recorded speech aired yesterday on state television, Qaddafi called on people in the eastern city of Benghazi, the rebels’ stronghold, to “liberate” themselves from the “traitors” forming the opposition’s ruling council and from Islamist fighters from Afghanistan, Egypt and Algeria who he blamed for the uprising.

Libya’s criminal investigations authority is offering a 500,000 dinar ($407,000) reward for any person who arrests the head of the Benghazi-based rebel council, former Justice Minister Moustafa Abdel Jalil, state television reported.

More than 400 people have been killed and 2,000 wounded in fighting in eastern Libya since Feb. 17, a member of the insurgents’ provisional health committee told reporters yesterday in Benghazi. The official, Gebril Hewadi, said the dead include 350 civilians and 50 rebel fighters, according to regional hospitals. The number of people missing is still unknown, he said.

Qaddafi’s Oil Targets
Mustafa Gheriani, media coordinator for the rebels in Benghazi, said Qaddafi’s forces fired missiles against the oil pipeline that goes to Gulf of Sidra and against the Ras Lanuf port. He said rebel forces are now close to Bin Jawad, a government stronghold west of Ras Lanuf, and predicted that retaking the town will come at a high cost.

“We hope a no-fly zone will be imposed and then it will be easy to regain control of it,” he said.

The U.S. and its allies are debating ways to stop Qaddafi’s attacks. President Barack Obama’s top national security advisers, including Secretary of State Hillary Clinton, met at the White House.

White House press secretary Jay Carney said the administration is considering a “variety” of options, including the imposition of a no-fly zone. Rebel leaders, asking for the no-fly zone, say that the grounding of Qaddafi’s planes will help them win the war and end his regime, and the proposal also won backing from Arab nations.

Kuwait’s parliament yesterday urged Arab nations to recognize the rebels’ Interim Transitional National Council as Libya’s legitimate government, and withdraw recognition from Qaddafi’s regime.

‘Terrorist Gangs’
Qaddafi’s military sealed off and bombarded Zawiyah, about 45 kilometers west of the capital, Tripoli, and the nearest city to fall to the rebels, the AP said. The city is back under government control, the Al Arabiya news channel reported.

State television, citing an unidentified person in Qaddafi’s military, said the “cities in which there are terrorist gangs” are now under army control, with the exception of “some of the gang members” who have barricaded themselves into their houses. The government claim could not be verified, since most phone lines have not been working during the military siege.

At Bin Jawad, west of Ras Lanuf and about halfway along the coast, air strikes and rocket barrages stopped the rebels, who pulled back from the town.

Oil Ports
The Sidra and Ras Lanuf ports are two of the country’s six export terminals, according to the U.S. Department of Energy.

Ras Lanuf has a tanker terminal that has exported 200,000 barrels a day, as well as Libya’s biggest refinery, with a capacity of 220,000 barrels a day, 60 percent of the country’s total, according to the International Energy Agency. The Sidra terminal exported 450,000 barrels a day as recently as January, according to the IEA. Together, the two ports account for 43 percent of exports in January, according to the IEA.

Ras Lanuf has been under sporadic air and artillery bombardment since it was seized by insurgents last week. Several people were injured in airstrikes March 8 and the city’s water supply was cut off after storage tanks were bombed, Mohamed el Megaryef, a resident of the city, said by phone.

The Ras Lanuf refinery was shut and its employees fled because of the fighting, an official from the Libyan Emirates Oil Refining Co. said yesterday. He spoke before reports of a raid on the facility and calls to his office later weren’t answered.

Libya’s oil output has dropped by about 1 million barrels a day, the International Energy Agency said. The conflict in the country that holds Africa’s largest reserves has pushed oil prices up more than 20 percent.

Oil Prices
Brent crude for April settlement $2.88, or 2.5 percent, to end the session at $115.94 a barrel on the London-based ICE Futures Europe exchange. Bank of America Merrill Lynch increased its forecast for Brent crude by $36 a barrel and said prices could “briefly” surge above $140 a barrel in the second quarter.

Crude oil for April delivery dropped 64 cents to settle at $104.38 a barrel on the New York Mercantile Exchange following a government report showing a surge in domestic supplies. The contract touched $106.95 on March 7, the highest intraday price since Sept. 26, 2008. Futures are up 28 percent from a year ago.

Journalists Beaten
BBC reported that members of a BBC news team were detained and beaten by Qaddafi’s security services after they tried to reach embattled, rebel-held Zawiyah. The three men, now released and flown out of the country, were hooded and then hit with fists, knees and rifles and subjected to mock executions by members of Libya’s army and secret police who laughed during their ordeal, BBC said on its website.

Libyan Major General Abdul-Rahman bin Ali al-Saiid al-Zawi, the head of the country’s logistics and supply authority, flew to Cairo yesterday with a message from Qaddafi and asked to meet Egypt’s military rulers, the AP reported.

Additionally, a Libyan envoy met with Portugal’s foreign minister in Lisbon on yesterday, and an envoy will hold talks in Athens today with Greece’s deputy foreign minister ahead of a meeting of EU foreign ministers in Brussels today to discuss the situation in Libya.

NATO Meeting
The issue is on the agenda for a meeting of North Atlantic Treaty Organization’s 28 defense ministers in Brussels beginning today, as well as at a summit of European Union leaders the next day. The U.K. and France have urged NATO allies to consider a no-fly zone, with the U.S. less enthusiastic, while Germany and other nations have expressed concern about the consequences.

U.K Prime Minister David Cameron and Obama agreed March 8 to plan for “every eventuality” in Libya and work on a UN Security Council resolution, Cameron told Parliament in London yesterday without giving details. The two leaders also discussed providing humanitarian aid, according to the White House.

In an interview with Turkey’s state broadcaster TRT shown yesterday, Qaddafi threatened to disrupt Mediterranean shipping if Western nations take action against his regime.

The EU and the U.S. have frozen the assets of Qaddafi and his associates held outside Libya, and the Reserve Bank of Australia said yesterday it will implement “targeted financial sanctions against certain key persons” linked to the regime. The EU is “in the process” of widening sanctions to include organizations controlled by Qaddafi as well as individuals, the bloc’s foreign policy chief, Catherine Ashton, said yesterday.

Central Banker
Libya’s secretary of planning and finance has been appointed as acting central bank governor, the Financial Times reported yesterday, citing an e-mail from the central bank’s governor Farhat Omer Bengdara. Bengdara, who has been missing for two weeks, said he has been in Istanbul and plans to resign after the crisis, the FT said.

The central bank has begun circulating old currency, a sign of liquidity problems facing the country because of the international asset freeze, the FT also reported.

The Libyan uprising followed popular protest movements that ousted Tunisian President Zine El Abidine Ben Ali and Egyptian President Hosni Mubarak. There have also been anti-government demonstrations across the region.

Saudi Shares
In Saudi Arabia, where protests are prohibited, Foreign Minister Saud al-Faisal called yesterday for “dialogue” to deal with the complaints of the Shiite minority, who mostly live in the oil-rich eastern part of the kingdom. In a televised news conference, he called on Shiite-ruled Iran, Saudi Arabia’s main regional rival, to deal with its own protests against President Mahmoud Ahmadinejad rather than interfere in Saudi domestic matters.

Concerns that popular revolts sweeping the Middle East may spread to the kingdom have sent the Tadawul All Share Index (SASEIDX) down more than 7 percent this year, according to data compiled by Bloomberg. Postings on websites have called for a nationwide Saudi “Day of Rage” on March 11 and March 20, Human Rights Watch said on Feb. 28.

Morocco’s King Mohammed VI pledged in a televised address yesterday a review of the country’s constitution by June. He promised more transparent justice, freedom to practice religion, and greater power for the nation’s regions.

To contact the reporters on this story: Ola Galal in Benghazi at ogalal@bloomberg.net; Robert Tuttle in Doha at rtuttle@bloomberg.net

To contact the editor responsible for this story: Andrew

[admin]

Ahora parece que Gadhafi esta ganando.

Obama y ls fuerzas internacionales de adorno. Que estan esperando, sabe Dios?

[admin]

Las apuestas de que Grecia caera en default aumentaron mientras Espania salio de la lista de los "sick"(mal, enfermo)

El costo de asegurar la deuda de Grecia, Irish y Portugal se incremento por encima del promedio de la de deuda de eSpania e Italia.

Greece Debt Default Bets Increase as Spain Exits 'Sick List': Euro Credit
By Abigail Moses - Mar 9, 2011 7:01 PM ET

The average annual cost of protecting of Greek, Irish and Portuguese bonds in the credit-default swaps market for five years exceeded the average of Spanish and Italian contracts by a record $496,000 this week. That’s up from $384,000 on Feb. 2 and $77,000 a year ago. Swaps on Greece signal a 60 percent probability of default in five years.

The division between peripheral nations widened this week after Greece was downgraded deeper into junk by Moody’s Investors Service and speculation increased that the European Union will fail to agree on a comprehensive package to end the crisis. Traders are betting Spain will avert an EU bailout as budget cuts and growth help repair its balance sheet.

“Spain has skillfully managed to navigate itself away from the sick list,” said Georg Grodzki, London-based head of credit research at Legal & General Investment Management, which oversees more than $500 billion. “If Spain continues structural reforms, especially in the labor market, it could start moving towards the core.”

Economic Overhaul
Spanish companies led by Banco Santander SA and Telefonica SA are reaping rewards from Prime Minister Jose Luis Rodriguez Zapatero’s economic overhaul, delivering the best bond returns among nations with the most corporate debt. Spanish company notes returned 1.4 percent this year, compared with 0.2 percent for the Bank of America Merrill Lynch Global Broad Market Corporate Index. The securities are the top performing of the dozen nations with the most debt in the index.

Credit-default swaps on Spain have tumbled to 250 basis points from 350 at the start of the year, while Italy has dropped to 179 from 240, according to CMA. Germany trades at 48 basis points. Swaps pay the buyer face value in exchange for the underlying securities or the cash equivalent should a borrower fail to adhere to its debt agreements.

An overhaul of labor laws and pensions, increased job creation and the introduction of core-capital requirements for savings banks are among the reasons for Spain to outperform the region’s smaller economies, Morgan Stanley economist Daniele Antonucci and analysts Owen Roberts and Leef Dierks wrote in a note to investors published on March 7.

‘Growth Trajectory’
“Spain’s growth trajectory looks more reassuring than that of Greece and Portugal,” they wrote. “We think that Portugal is likely to double-dip, while growth in Greece should remain in negative territory.”

Spain this week raised 4 billion euros ($5.6 billion) in the first syndicated sale of bonds due in 15 or more years from a peripheral European nation since Italy issued 6 billion euros of notes due 2026 in September.

Credit swaps on Greece closed at a record 1,035 basis points yesterday from 800 basis points in February after Moody’s lowered its rating three steps to B1. The risk of default is rising because of lagging tax collection and “implementation risks” in the budget cuts demanded as a condition for a 110 billion-euro bailout last year, Moody’s said.

Greece will inflict losses of about 50 percent on investors and extend bond maturities by five to 10 years in a series of moves to reduce its debt, according to investors. Almost all the 400 people at this week’s Euromoney Bond Investor Congress in London expect a European nation to restructure in the “next couple of years,” according to a show of hands.

Irish Swaps

Swaps on Ireland, which became the second nation to request an EU bailout after the government was nearly sunk by the weight of guaranteeing its banking system’s debt in November, now cost 587.5 basis points and imply an almost 40 percent likelihood of default within five years, according to CMA.

Investors are betting Portugal will have to follow Greece and Ireland in asking for international aid as the cost of issuing debt becomes unsustainable. EU finance ministers are meeting tomorrow in Brussels to debate how to construct a comprehensive debt-support package ahead of a summit scheduled for March 24-25.

Portugal sold 1 billion euros of bonds due in 2013 at an average yield of 5.993 percent yesterday, compared with 4.086 percent at a Sept. 8 auction. The sale attracted bids for 1.6 times the amount offered, compared with a so-called bid-to-cover ratio of 1.9 six months ago.

Default swaps on Portugal soared to 497 basis points from 387 in February, suggesting about a 34 percent chance of default, according to CMA.

“The market is starting to price in that Portugal may have to come to the table,” said Brian Yelvington, head of fixed- income strategy at Knight Capital Americas LP in Greenwich, Connecticut. “Portugal and Ireland will be very, very political in the short run and force an eventual solution.”

[admin]

Futures cu down 4.2040

Astralia recorto 10,000 empleos.

-62

[admin]

Oil up 104.72

Au down 1,428.70

Ag down 36

[admin]

Dicen que Facebook esta compitiendo muy fuerte con Paypal.

Ahora se pueden alquilar peliculas en Facebook.

Las acciones de NFLX muy afectadas por la competencia futura que le hara Facebook.

Valero comprara Chevron de UK

Cu down 4.1950

Todo reaccionando mal a los ataques intensificados de Gadhafi.

Brent 116.29

Ag down 35.98

[admin]

La linea de petroleo entre Irak y Turkia sufrio una explosion.

[admin]

Las apuestas que el mercado de China subira son mas a las apuestas de que bajara. Calls vs. puts.