THE WEEKLY GLOBAL INVESTOR: 29/03/2009

mardi, avril 07, 2009

lundi, avril 06, 2009

BRAZIL: 1st RECESSION IN 17 YEARS?

Brazil GDP May Shrink First Time in 17 Years in 2009 (Update2) - Bloomberg.com: "Brazil GDP May Shrink First Time in 17 Years in 2009 (Update2)"

US FED'S BERNANKE:..OVER-OPTIMISTIC?

Bernanke ‘Green Shoots’ May Signal False Spring Amid Job Losses - Bloomberg.com: "Bernanke ‘Green Shoots’ May Signal False Spring Amid Job Losses"

US LABOR MARKET TO DETERIORATE FURTHER!

U.S. Jobs Index Dropped to 90.1 in March, Indicating More Cuts - Bloomberg.com: "U.S. Jobs Index Dropped to 90.1 in March, Indicating More Cuts"

US STOCKS FALL ON BANKING CONCERN! (2009, April 06)

U.S. Stocks Drop on Banking Concern, Collapse of Sun Takeover - Bloomberg.com: "U.S. Stocks Drop on Banking Concern, Collapse of Sun Takeover"

LE FMI FAVORABLE À UNE ADOPTION DE L'EURO EN EUROPE DE L'EST!

Le FMI favorable �une adoption de l'euro en Europe de l'Est - Economie - Le Monde.fr: "Le FMI favorable �une adoption de l'euro en Europe de l'Est"

MÉXICO: ¿CÓMO VA HOY?...Lunes, abril 06, 2009

MERCADOS MEXICANOS-�Qu�dicen los analistas? 6 de abril
| Titulares
| Reuters: "MERCADOS MEXICANOS-�Qu�dicen los analistas? 6 de abril"

US TOXIC-ASSET PLAN MAY BLUNT APPETITE FOR JUNK BONDS!

Geithner Plan May Blunt Appetite for Junk Bonds, Peters Says - Bloomberg.com: "Geithner Plan May Blunt Appetite for Junk Bonds, Peters Says"

ESTADOS UNIDOS: ¿QUÉ VA A PASAR?..(Agenda abril 06 -- abril 10, 2009)

Acciones EEUU pueden subir pr�xima semana por optimismo inversor
| Negocios
| Reuters: "Acciones EEUU pueden subir pr�xima semana por optimismo inversor"

MÉXICO: ¿QUÉ VA A PASAR?...(Agenda abril 06 -- abril 10, 2009)

MERCADOS MEXICANOS-Ver�n sesiones tranquilas por Semana Santa
| Negocios
| Reuters: "MERCADOS MEXICANOS-Ver�n sesiones tranquilas por Semana Santa"

AMÉRICA LATINA ESTA SEMANA...(abril 06 -- abril 10, 2009)

Mercados de A. Latina, a la expectativa de tasas de Per�y Chile
| Titulares
| Reuters: "Mercados de A. Latina, a la expectativa de tasas de Per�y Chile"

FMI: REPRISE MONDIALE AU PREMIER SEMESTRE 2010!...REALLY?

Le FMI compte sur la reprise au premier semestre 2010 - L'�conomie en crise - Le Monde.fr: "Le FMI compte sur la reprise au premier semestre 2010"

JAPAN STIMULUS PACKAGE TO EXCEED 2%!...REALLY?

Aso Wants Japan Stimulus Package to Exceed 2% of GDP (Update2) - Bloomberg.com: "Aso Wants Japan Stimulus Package to Exceed 2% of GDP (Update2)"

EUROPE PRODUCER PRICES FALL HIGHLIGHT DEFLATION RISK!

European February Producer Prices Fall More Than Expected - Bloomberg.com: "European February Producer Prices Fall More Than Expected"

UK: A HUGE GROWTH FORECAST ERROR?

FT.com / UK - Darling set to admit forecast error: "Darling set to admit forecast error"

S&P 500 STEEPEST RALLY SINCE 1938 MAY DISSIPATE!...WHAT?

S&P 500 Can’t See Enough Money in Final Quarter to Feed Rally - Bloomberg.com: "S&P 500 Can’t See Enough Money in Final Quarter to Feed Rally"

dimanche, avril 05, 2009

WORLD CRISIS' WEEKLY WRAP-UP: (March 30 -- April 03)

WORLD CRISIS WEEKLY WRAP-UP!
(Last Week.... March 30 -- April 03)

G-20 Background.
What to expect from last week's Summit. The Markets behaved great, but the world economy is deteriorating very fast!

-----Is it possible that the worst of this crisis be over? Financial Markets have been mostly positive for the past 4 weeks, with the lower volatility index underlining all the optimism (see the story below please). I think however that the damage is done and a recovery is still very far from our global regulators reach, notwithstanding the fiscal and monetary expansionary steps they have taken! -----What is your conclusion from last week's selected news (below)?

-----(UPDATE 1 OF 3)-----
G-20: NEW WORLD ORDER?..LESSER ROLE FOR U.S., MARKETS?
IMF: $I TRILLION FOR GLOBAL RESCUES! ...WOW!
US WEEKLY JOBLESS UP TO HIGHEST SINCE 1982!
CHINA MANUFACTURING EXPANDS!...WEIRD?
EUROPE CUTS RATE...AND DISAPPOINTS!
G-20: RÉGULATION DE LA FINANCE!
UK HOUSE PRICES UP!...WEIRD?
US MANUFACTURING SHRINKS AT SLOWER PACE!
GLOBAL ECONOMIC SLIDE MAY BE SUBSIDING!...REALLY?
OBAMA: BANKRUPTCY FOR GM, CHRYSLER...BEST OPTION!
EUROPE MANUFACTURING DOWN, DOWN, DOWN!
EUROPE UNEMPLOYMENT UP, UP, UP!
ASIA ECONOMY DEEPENS AS JAPAN TANKAN TUMBLES!
MONDE: RISQUE DE DÉFLATION!
MEXICO PREPARED TO TAKE 40 B CREDIT LINE FROM IMF!...
GERMAN UNEMPLOYMENT UP FOR 5TH MONTH!
US FINANCIAL RESCUE APPROACHES ITS GDP LEVEL!...WH...
RUSSIA TO CONTRACT 4.5% THIS YEAR!
AUSTRALIA'S RECESSION THIS YEAR?
JAPAN JOBLESS JUMPS TO 3-YEAR HIGH!
IRELAND LOSSES RATING, JOINS SPAIN, PORTUGAL, GREECE EURO-ZONE DOWNGRADES!
SOME US BANKS NEED "LARGE AMOUNTS" OF AID!
G-20: ¿MERCADOS INOCENTES?
THE DOLLAR IS HERE TO STAY!...YES!
UNEMPLOYMENT: DOUBLE DIGIT NUMBERS LOOM!
G20 IN LONDON FOR SUMMIT. WORLD RECESSION AND REFORMOF THE IMF.

MEXICO 1st IN IMF OFFER OF A FLEXIBLE CREDIT LINE OF UP TO $47 BILLION (NO STRINGS ATTACHED).
IADB AGREED TO INCREASE MORE CAPITAL TO EXPAND LENDING. IT CAN ONLY LEND $8 B A YEAR.
UNIVERSITY OF TORONTO SAID 1,300 GOV COMPUTERS IN 103 COUNTRIES WITH SPYWARE. CHINA TO BLAME.
HUNGARY’S SOCIALISTS PICKED GORDON BAJNAI, TO REPLACE FERENC GYURCSANY AS PRIME MINISTER.
NETANYAHU ISRAEL’S PRIME MINISTER IN A COALITION.
GM, CHRYSLER INADEQUATE PLANS. OBAMA: BANKRUPTCY BEST. GM GIVEN 60 DAYS.
BARCLAYS DOES NOT NEED THE BRITISH ASSET-PROTECTION SCHEME.
UK RESCUE OF DUNFERMLINE BUILDING SOCIETY, A SCOTTISH MUTUAL LENDER.
SPAIN $12 B RESCUED CAJA CASTILLA LA MANCHA. 1ST TO BE BAILED OUT IN 16 YEARS. MORE TO COME.
SWISS RE, WORLD’S 2ND-BIGGEST REINSURER, TO CUT 10% OF ITS GLOBAL WORKFORCE.
OECD GRIM OUTLOOK: 30 COUNTRIES'S GDP's -4.3% THIS YEAR.US -4%, EURO AREA’S -4.1%, JAPAN’S -6.6%.
WORLD BANK UPDATED FORECAST FOR THE WORLD ECONOMY,TO SHRINK BY 1.7% IN 2009.
HOUSING OK?: US PENDING HOME-SALES +2.1% IN FEB (MTHLY). UK HOUSE PRICES + 0.9% MARCH $217,000.
MIXED JAPAN. TANKAN LARGE MANUFACTURERS SENTIMENT -58, LOWEST IN HISTORY SINCE 1974.
US FED BOUGHT $6 B OF 3 TO 4 YEAR TREASURIES ON APRIL 1ST.PART OF PLANS TO BUY OVER $300 B TO LOWER RATES.
SK EXPORTS -21.2% IN MARCH Y-ON-Y. TO CHINA, MAIN MARKET, -17.2%, 20 DAYS OF MARCH.IMPORTS -36%.
BRAZIL’S INDUSTRIAL OUTPUT PLUMMETS -17% LOWER IN FEB THAN A YEAR EARLIER.
INDIA’S EXPORTS -21.7% Y-TO-FEB. IMPORTS -23%, TRADE DEFICIT NARROWED, TO $4.9 B.

US OBAMA TESTED BY NORTH KOREA MISSILE LAUNCH!

U.S. Will Ask for Tougher UN Sanctions on North Korea (Update1) - Bloomberg.com: "U.S. Will Ask for Tougher UN Sanctions on North Korea (Update1)"

WORLD ECONOMY THIS WEEK...GULP (Agenda April 06--April 10, 2009)

AHEAD OF THE CURVE!

UPCOMING THIS WEEK: POLITICS AND ECONOMY: ---EVENTS THAT MAY MOVE GLOBAL FINANCIAL MARKETS(Update 1 of 3)---

(April 06 -- April 10, 2009)---Outstanding Events That May Move Global Financial Markets:

WORLD MARKETS----Dollar Recovery, Possible?, ----Oil, Gasoline and Food Prices---NORTH AMÉRICA: ***United States: Consumer Credit (06); ABC Consumer Confidence (07); Mortgage Applications (08); Wholesale Inventories (08); FED FOMC Meeting Minutes (08); Trade Balance (09); Imports Inflation (09); Monthly Budget Statement (10); ; ; México: Confianza del Consumidor (06); Indicadores Compuestos: Coincidente y Adelantado (07); Balanza Comercial (08); ; Canada: Purchasing Managers Index (06); Unemployment Rate (09); Trade Balance (09) ; -----EUROPE;; Britain: Industrial Production (06); Consumer Confidence (07); GDP Estimate (07); Industrial Production (07); Producer Inflation (09); BOE Rate Decision (09); ; ; Switzerland: Unemployment Rate (09); ; ; Euro-Zone: Investor Confidence (06); Producer Inflation (06); Retail Sales (06); GDP (07); Household Consumption (07);ECB Monthly Report (09); ; France: Inflation (10); Industrial Production (10); ; Germany: Current Account (08); Trade Balance (08); Exports (08); Inflation (09); Industrial Production (09); Producer Inflation (10); ; Italy: Industrial Production (09); ;---ASIA, PACIFIC: ---Japan: BOJ Regular Policy Board Meeting (Sunday 05); BOJ Rate Decision (06); Leading Index (06); Coincident Index (06); Current Account (07); Trade Balance (07); Economic Watchers Survey, Current and Outlook (08); Machine Orders (08); Foreign Buying. Selling of Japan's Stocks & Bonds (07); BOJ Monthly Report (08); BOJ Rate Minutes (09); Bank Lending (09); ; ;Australia; RBA Rate Decision (07); Consumer Confidence (08); Unemployment Rate (09); ; -- New Zealand: Manufacturing Index (09); ; ; ----: ;----

---OUTSTANDING--- :

United States: FOMC Meeting Minutes; Trade Balance; Monthly Budget Statement; México: Indicadores Compuesto y Adelantado; United Kingdom: BOE Rate Decision; GDP Estimate; Euro-Zone: GDP; ECB Monthly Report;Germany; Trade Balance; Industrial Production; Japan;BOJ Rate Decision; Australia: RBA Rate Decision

SUNDAY 05:

MONDAY 06:

United States: Consumer Credit;

Japan: Rate Decision; Leading & Coincident Index

Euro-Zone: Investor Confidence;

México: Confianza del Consumidor

TUESDAY 07:

Euro-Zone: GDP

United Kingdom: GDP Estimate;

México: Indicadores Compuesto y Adelantado

Australia: RBA Rate Decision;

WEDNESDAY 08: