Archive for November, 2011

Daily Reading – Wednesday, November, 2011

FT Alphaville: So much for that impact on currency basis swaps

FT Alphaville: More on the dollar crunch and the liquidity drop

FT Alphaville: Nomura on European bank deleveraging and US loans

FT Alphaville: Hedge fund survey says

FT Alphaville: Italy’s very own special liquidity programme?

FT Alphaville: Behind those Bloomberg banks-profit-from-Fed figures

Felix Salmon: Chart of the day, Morgan Stanley bailout edition

Macro Man: Hang 10

FT BeyondBRICs: China to the world: time for action

FT BeyondBRICs: India’s GDP: the new normal is here

The Big Picture: Merkel to neuter the German Constitutional Court?

The Big Picture: Apple vs Samsung

theunderstatement: Google’s Management Doesn’t Use Google+

Pending Home Sales Index Rose 10.4% In October

Pending home sales rose 10.4% in October vs. 4.6% fall in October. On year level, the index is up 9.1%.

November Chicago Purchasing Managers Index At 62.6

Chicago Purchasing Managers Index was reported at 62.6. Consensus was at 58.5, prior reading at 58.4.

November Challenger Job-Cuts At 42,474

Challenger’s count of layoff announcements was reported at 42,474 in November vs. 42,759 in October.

ADP Employment Rose 206,000 In November

ADP Employment rose 206,000 in November vs. revised (up 20,000) gain of 130,000 in October.

U.S. New Home Sales Rose 1.3% In October

U.S. new home sales rose 1.3% to 307.000 SAAR; Consensus was at 315.000 SAAR, prior reading (revised downward 10.000) was at 303.000 SAAR.

Daily Reading – Monday, November 28, 2011

*** The Big Picture: No, Black Friday Sales Were Not Up 16% (not even 6%) ***

*** The Big Picture: Futures Scream Higher on Italian Bailout Rumor ***

*** The Big Picture: Billionaires’ Top 10 List for Success ***

*** Gavyn Davies: Thinking the unthinkable on a euro break-up ***

*** An American Perspective from China: “Winter is Coming” ***

Tanker Weekly – November 28, 2011

Baltic Dirty Tanker Index fell 0.6%; Baltic Clean Tanker Index rose 3.4%.

Dry Bulk Weekly – November 28, 2011

Baltic dry index fell 4.6% last week; Capesize Index was down 5.7%; Panamax Index fell 2.0%; Supramax Index was down 0.1%; Handysize Index fell 3.3%.

November HSBC/Markit China PMI At 48.0

HSBC/Markit PMI fell from 51 to 48.0.

Daily Reading – Monday, November 21, 2011

*** Gavyn Davies: When should the ECB buy sovereign debt? ***
*** PIMCO Tony Crescenzi: Ben Bernanke: The Decider ***
*** The Big Picture: Discuss: Goldman Is the New Master of the EU? ***
*** The Big Picture: No debt deal, buy Treasuries and the US$?! ***
*** The Register: Kindle Fire: An open letter to Jeff Bezos ***
*** Pogue’s Posts: Nook’s Specs Are Exaggerated, Again ***

Dry Bulk Weekly – November 21, 2011

Baltic dry index rose 3.3% last week; Capesize Index was up 2.7%; Panamax Index rose 4.0%; Supramax Index was up 4.3%; Handysize Index fell 2.1%.

Tanker Weekly – November 21, 2011

Baltic Dirty Tanker Index rose 1.4%; Baltic Clean Tanker Index fell -2.4%.

U.S. Petroleum Weekly – November 17, 2011

Crude oil supply and demand remain balanced. Crude had a tremendous run and it’s starting to look overextended. Brent WTI price spread narrowed on the reversal of Seaway pipeline.

Daily Reading – Thursday, November 17, 2011

*** BeyondBRICs: China property: construction blues ***
*** BeyondBRICs: Singapore exports: 16 per cent drop signals poor Christmas for Asian manufacturers ***
*** BeyondBRICs: Fitch: beware Chinese bank debt ***
*** The Slope Of Hope: Triangle Man ***
*** FT Alphaville: The naked derivative exposures of banks to sovereigns ***
*** FT Alphaville: The reversing core-headline CPI gap ***
*** FT Alphaville: Bye, bye WTI-Brent spread disconnect… ***
*** Credit Slips: Is Bank of America Gambling on Resurrection (or Is BoA Holding the US Hostage)? ***

 

Get Adobe Flash player