Jueves 15/03/12 Actividad manufacturera en NY (empire state)

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Jueves

Eventos economicos

Solicitudes de desempleo
Precios de los productores
Encuesta de la actividad manufacturera en NY
Capital internacional del tesoro
Subasta de bonos
Money supply
Balance del Fed.

Jobless Claims
8:30 AM ET


Producer Price Index
8:30 AM ET


Empire State Mfg Survey
8:30 AM ET


Treasury International Capital
9:00 AM ET


Philadelphia Fed 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
11:00 AM ET


10-Yr TIPS Announcement
11:00 AM ET


Fed Balance Sheet
4:30 PM ET


Money Supply
4:30 PM ET

[admin]

Copper March 14,15:00
Bid/Ask 3.8186 - 3.8215
Change -0.0056 -0.15%
Low/High 3.8186 - 3.8299
Charts

Nickel March 14,14:59
Bid/Ask 8.7362 - 8.7802
Change -0.0249 -0.28%
Low/High 8.6994 - 8.7802
Charts

Aluminum March 14,14:59
Bid/Ask 0.9853 - 0.9871
Change -0.0010 -0.10%
Low/High 0.9849 - 0.9880
Charts

Zinc March 14,15:00
Bid/Ask 0.9307 - 0.9332
Change -0.0018 -0.19%
Low/High 0.9305 - 0.9332
Charts

Lead March 14,15:00
Bid/Ask 0.9392 - 0.9409
Change -0.0019 -0.20%
Low/High 0.9378 - 0.9425

[admin]

Treasurys Price Chg Yield %
2-Year Note 0/32 0.402
10-Year Note -1/32 2.275
* at close

7:51 p.m. EDT 03/14/12Futures Last Change Settle
Crude Oil 105.63 0.20 105.43
Gold 1644.5 1.6 1642.9
E-mini Dow 13117 -13 13130
E-mini S&P 500 1387.25 -1.50 1388.75

8:01 p.m. EDT 03/14/12Currencies Last (mid) Prior Day †
Japanese Yen (USD/JPY) 83.85 83.73
Euro (EUR/USD) 1.3015 1.3033
† Late Wednesday in New York.

[admin]

El Nikkei +0.78%, Korea +0.20%,

Euro down 1.3017

Yen down 83.91

Los futures del Dow Jones sin cambio a esta hora.

Au up 1,643.65

Oil up 105.66

[admin]

Australia -0.33%

[admin]

Los datos de China indican que China ya esta aterrizando y es forzado no suave. Eso dice Mowat de JPMorgan.

La ventas de carros esta a la baja, la produccion del cemento a la baja, la produccion de acero a la baja, las acciones de construccion a la baja. Ya no ha debate, es un hecho.

Wen dijo que los precios de las casas todavia estan muy lejos de estar en niveles razonables.

El Shanghai C. cayo 2.6% ayer.

Chinese Economy Already in ‘Hard Landing,’ JPMorgan’s Mowat Says
By Weiyi Lim - Mar 14, 2012 12:26 PM ET

China’s economy is already in a so- called “hard landing,” according to Adrian Mowat, JPMorgan Chase & Co.’s chief Asian and emerging-market strategist.

“If you look at the Chinese data, you should stop debating about a hard landing,” Mowat, who is based in Hong Kong, said at a conference in Singapore yesterday. “China is in a hard landing. Car sales are down, cement production is down, steel production is down, construction stocks are down. It’s not a debate anymore, it’s a fact.”

Wen Jiabao, China's premier, said home prices are still far from reasonable levels.

The Shanghai Composite Index fell 2.6 percent yesterday, the most since Nov. 30, after Premier Wen Jiabao said home prices are still far from reasonable levels. His comments fueled concerns the government will maintain restrictions on the property market for an extended period even as the curbs threaten to slow economic growth.

Wen announced at the beginning of a national lawmakers’ congress on March 5 an economic growth target of 7.5 percent for this year, down from 8 percent over the past seven years. Data last week showed China’s factory output in the first two months of the year rose the least since 2009, while retail sales increased less than economists predicted and inflation eased to the slowest pace in 20 months.

Mowat, a runner-up for Asian equity strategy in 2011 according to Institutional Investor magazine, said last May the risk of a hard landing was building in China as fixed-asset investment in real estate had increased even as property demand remained weak. That meant residential inventories will increase and lead to a contraction in construction activity, the strategist said in a May 17 interview.

“One should be concerned about what’s happening in the China property market,” Mowat said at yesterday’s conference. “People are too complacent that the government can turn what’s going on in this market.”

‘Vastly Overblown’
Gary Shilling, president of A. Gary Shilling & Co., a Springfield, New Jersey-based consultancy firm, said on Feb. 2 that China’s economy is headed for a “hard landing” this year as weaker demand overseas chokes off exports. Shilling, who correctly forecast the U.S. recession that began in December 2007, defines a hard landing as a growth rate below 6 percent.

Shilling and Mowat's views are in contrast with Yale University Professor Stephen Roach, a former non-executive chairman for Morgan Stanley in Asia, who said on March 8 that concerns China will enter a hard landing are “vastly overblown.”

“I don’t think the banking system will collapse and the property bubble will burst,” Roach said at a conference in Shanghai. “These are all exaggerations.”

Home Sales Slump
China is easing restrictions on lending capacity at three of the nation’s four biggest banks after new loans dropped to a four-year low, officials at the banks with knowledge of the matter said. The government’s two-year effort to control the property market helped spur a 25 percent drop in home sales in the first two months of the year after surging 26 percent in January and February of 2011.

“What you can look forward to is to see a pickup in property demand that will clear up the inventory; that doesn’t appear likely,” Mowat said in an interview after the conference. “I don’t see any evidence of a policy move that will cause the economy to reaccelerate.”

To contact the reporter on this story: Weiyi Lim in Singapore at wlim26@bloomberg.net

[admin]

8:04 a.m. EDT 03/15/12Treasurys
    Price Chg Yield %
2-Year Note   1/32 0.390
10-Year Note   -10/32 2.309
* at close
8:10 a.m. EDT 03/15/12Futures
  Last Change Settle
Crude Oil 105.69 0.26 105.43
Gold 1648.3 5.4 1642.9
E-mini Dow 13158 28 13130
E-mini S&P 500 1392.00 3.25 1388.75
8:19 a.m. EDT 03/15/12Currencies
  Last (mid) Prior Day †
Japanese Yen (USD/JPY) 83.53 83.73
Euro (EUR/USD) 1.3053 1.3033

[admin]

Copper March 15,08:19
Bid/Ask 3.8444 - 3.8457
Change +0.0203 +0.53%
Low/High 3.8096 - 3.8542
Charts

Nickel March 15,08:19
Bid/Ask 8.6591 - 8.6709
Change -0.1021 -1.16%
Low/High 8.6278 - 8.7856
Charts

Aluminum March 15,08:19
Bid/Ask 0.9921 - 0.9928
Change +0.0058 +0.59%
Low/High 0.9813 - 0.9939
Charts

Zinc March 15,08:19
Bid/Ask 0.9333 - 0.9337
Change +0.0008 +0.09%
Low/High 0.9273 - 0.9377
Charts

Lead March 15,08:19
Bid/Ask 0.9479 - 0.9485
Change +0.0067 +0.71%
Low/High 0.9369 - 0.9523
Charts

[admin]

http://online.wsj.com/public/page/espanol-inicio.html

[admin]

Europe, Africa, Middle East
EURO STOXX 50 PRICE EUR 2,579.16 +4.36
(0.17%) 08:10
FTSE 100 INDEX 5,940.21 -5.23
(-0.09%) 08:11
CAC 40 INDEX 3,565.62 +1.11
(0.03%) 08:12
All Europe, Africa, Middle East Indexes
European News
Asia-Pacific
NIKKEI 225 10,123.28 +72.76
(0.72%) 02:28
HONG KONG HANG SENG INDEX 21,353.53 +45.63
(0.21%) 04:01
S&​P/​ASX 200 4,277.77 -9.42
(-0.22%) 00:20

[admin]

El Taliban suspende conversaciones de paz con US.

[admin]

Cisco comprara NDS por $4 billones.

[admin]

Los seguros de desempleo bajan 14,000 a 351,000. Buenas noticias.

Au down 1,643.50, Ag down

Los precios de los productores subieron 0.2%

Euro up 1.3045

Los futures del Dow Jones 24 puntos al alza.

La actividad manufacturera en NY subio a 20.21

Las ventas de autos en Europa bajan a niveles de Octubre del 2010.

[admin]

Yields up 2.33%

ECB: la inflacion en Europa sera mas del 2%

Oil up 105.67

Ag down 32.12

Futures cu up 3.85

Los yields de los bonos de Francia bajan.

[admin]

La corte en Hague le dice a Sansung que no puede demandar a AAPL por patentes mientras esta negociando acuerdos de licencia con esa compania.