Tuesday, 28 April 2015

Skip the miner, buy the commodity: Kevin O'Leary - BNN News

Skip the miner, buy the commodity: Kevin O'Leary - BNN News



  Producers or commodity?

Gold And Silver: Just K.I.S.S!

Gold And Silver: Just K.I.S.S!



  Technical Analisys and disciplined trading,if the call you bet turns to be wrong,

close your position and minimize losses!!!!



   There is no room for emotions.



   Good Luck.

Monday, 13 April 2015

Thursday, 9 April 2015

Tuesday, 7 April 2015

Investors brace for ugly first-quarter oil results - BNN News

Investors brace for ugly first-quarter oil results - BNN News



Fire in the cash flows in Q1 2015

Fracklog: Oil’s new worst enemy - BNN News

Fracklog: Oil’s new worst enemy - BNN News



 ALL THINGS EQUAL ANOTHER OILPOCALYPSIS  REASON.



 IF PRICES REMAINS IN THE LOW 40'S OIL SHALE PRODUCTION WILL DIMINISH

 WITH ABSOLUTE CONVICTION IN THE US.



  THE SAUDIS ARE DOING A DISCRIMINATION  OF PRICES FOR ITS OIL, ONE HIGHER PRICE FOR

ASIA AND THE REST OF THE WORLD, AND A LOWER FOR THE US MARKET.

 IN THE SHORT  TERM EXPECT HIGH VOLATILITY IN THE OIL PRICE


Wednesday, 1 April 2015

Monday, 9 February 2015

Short Copper, Pray For Gold, Watch Ratio

Short Copper, Pray For Gold, Watch Ratio



A short term technical analysis,bearish for copper, gold and silver.



I'am absolutely skeptical and not a believer of the AU/AG ratio, that is a charlatan nonse.

Friday, 6 February 2015

Sunday, 25 January 2015

Sunday, 17 August 2014

Crude prices fall as supply outlook brightens

  U.S. crude oil futures inched down on Monday following gains in the previous session, dragged lower by signs of increased supply from Libya and on easing tensions over Ukraine.
FUNDAMENTALS
* U.S. crude futures for September delivery <CLc1> had fallen 45 cents to $96.90 a barrel by 0007 GMT, after jumping $1.77 on Friday.
* Brent crude futures for October delivery <LCOc1> dropped 62 cents to $102.91 a barrel.
* Libya's oil production has risen to 535,000 barrels a day
(bpd) due to a higher output at the southwestern El Sharara, El Feel fields, a spokesman for National Oil Corp (NOC) said on Sunday. 
* A delivery of crude oil from Iraqi Kurdistan has arrived at Croatia's Adriatic sea port of Omisalj, a Croatian government source said on Sunday, confirming a report by daily newspaper Jutarnji List late on Saturday. 
* German Foreign Minister Frank-Walter Steinmeier said on Sunday after a meeting with his counterparts from Ukraine, Russia and France that they would report back to leaders in their capitals and possibly agree on Monday or Tuesday how to continue talks. 
* U.N. nuclear agency chief Yukiya Amano said that he was very glad to hear a firm commitment from Iran to resolve outstanding issues through cooperation during a visit to Tehran on Sunday that he described as "useful". 
MARKETS NEWS
* Sterling rose on Monday after the Bank of England indicated that UK interest rates may have to rise even before wage growth recovers, backtracking from earlier comments that prompted markets to push out the risk of a rate hike. 
* U.S. equities ended mixed on Friday, paring an earlier selloff sparked by reports of Ukraine shelling a Russian armoured column
Reuters

Wednesday, 13 August 2014

China's retail sales maintain steady growth

China's retail sales maintained steady growth in July, rising 12.2 percent year on year to 2.08 trillion yuan (338.2 billion U.S. dollars), according to data released by the National Bureau of Statistics (NBS) on Wednesday.
The rate was slightly down from the 12.4-percent rise in June, the data showed. In the first seven months, retail sales went up 12.1 percent to 14.5 trillion yuan.
Income from the catering sector increased 9.4 percent to 218.7 billion yuan in July, while sales of consumer goods amounted to 1.86 trillion yuan, up 12.6 percent year on year, the NBS said.
Retail sales growth in rural areas continued to outpace that in urban China. In July, sales in rural regions rose 13.2 percent from a year ago to 281.7 billion yuan, while that in urban areas climbed 12.1 percent.
Source: Xinhua

China: New credit drops unexpectedly in July, raising concerns

 New credit flowing into the Chinese economy dropped surprisingly in July, spooking economists and raising concerns that the world's second-largest economy may be stuck in a period of weak demand.
China's new yuan-denominated lending marked its slowest growth since November 2011 to reach 385.2 billion yuan (62.6 billion U.S. dollars) in July, down by 314.5 billion yuan from a year earlier, the People's Bank of China (PBOC, or the central bank) said Wednesday.
The decline in July's new lending was much lower compared with the 1.08 trillion yuan in new loans issued in June.
The total social financing aggregate, a broad measure of liquidity in the economy, fell to 273.1 billion yuan in July, which accounted for less than one-seventh of that in June and about one-third of the same period last year, according to the PBOC.
The social financing data also marked the lowest monthly reading since the depths of the global financial crisis in October 2008.
M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 13.5 percent year on year to 119.42 trillion yuan at the end of July. The growth rate also slowed by 1.2 percentage points from June.
"The social financing figures in July were truly jaw-dropping," said Lu Zhengwei, chief economist of the Industrial Bank. "They were equal to just a tiny piece of normal months in the past."
After releasing the credit data, the PBOC shortly followed with a two-page statement trying to explain the sharp declines in a bid to soothe the market.
The central bank attributed the plunge in July new credit to multiple factors, including the unexpectedly strong financing data in June, flagging demand for loans amid downward pressures on economic growth, drops in deposits, and risk control by banks in the face of rising bad loans.
Non-performing loans have now risen for 11 straight quarters, according to the PBOC statement.
"A further analysis showed the growth of new credit and social financing still remains in the reasonable range," the PBOC noted in the statement, saying the central bank's monetary policy to "keep total volume stable and optimize the structure" remains unchanged.
"We should not cling to just short-term fluctuation in a single month," the PBOC said, forecasting that credit will keep growing steadily in the future as banks have made loans of between 30 billion and 50 billion yuan each day since the beginning of August.
Lu said that as the government increased investment to stabilize the economy, banks were restrained by the tight capital adequacy ratio regulation, rather than by demand.
He urged regulators to speed up the approval of banks' issuance of preference stocks to replenish their capital.
In the statement, the PBOC vowed to create a "stable monetary environment" for economic restructuring and upgrading and to appropriately fine-tune its monetary policy in a timely way.
Source: Xinhua

Tuesday, 12 August 2014

Japan's economy contracted 6.8%

    Japan's GDP contracted at a 6.8% annualized rate in Q2,the higher sales taxe hit consumers who've seen litlle growth in incomes and rising consumer prices which rose 3.6% in June year/year.

Source: Bloomberg

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