Turud olid eile suhteliselt heas meeleolus ning võttes arvesse, kuidas on eelnevatel kordadelgi mindud FOMC kohtumisele suure hurraaga vastu, siis ei ole imekspandav, et selgi korral loodetakse kuulda rahatrükimasina seadistamist suurema kiiruse peale. Päeva teises pooles kahjustas sentimenti Esindajatekoja spiikri John Boehneri kommentaar, et vabariiklased ootavad endiselt Valge Maja kulukärbete pakkumist. Samal ajal tõdes Senati enamuse liider Harry Reid, et demokraadid ei kavatse teha oma kulude vähendamise pakkumist, mis muudab kokkuleppe saavutamise enne jõule väga keeruliseks. S&P 500 indeks lõpetas päeva 0,7% kõrgemal ning Stoxx 600 tõusis 0,3%.
Kreeka valitsus teatas, et suutis võlakirjade tagasiostuprogrammi edukalt lõpule viia, saades tänu tähtaja pikendamisele kokku 31,8 miljardi euro väärtuses pakkumisi. Küll aga saavutati see arvatust veidi kõrgema hinna juurde (keskmiselt 33,8% nominaalväärtusest), mis tähendab, et tagasiostuks kulub 11,2 miljardit eurot. EFSFist on laenuna ette nähtud aga 10 miljardit eurot ja see tekitab 1,2 miljardi eurose puudujäägi. Ühtlasi ei vähene tänu tagasiostule Kreeka võlakoorem nii palju nagu esialgselt arvati (11% asemel alla 10%), mis jätab võla ja SKP suhte 2020.aastaks mõni nädal tagasi kokkulepitud 124% asemel 126,6% peale. Nii et päris esialgselt kokkulepitud 120%st liigutakse järjest kaugemale, mis seab riski alla ka IMFi poolt nõutud alla 110%ni jõudmise 2022.a, olles viimase puhul põhiliseks kriteeriumiks uue laenueraldise väljastamisel. Teisest küljest suurendab see tõenäosust, et mingis punktis tuleb võla edasine restruktureerimine uuesti päevakorda ning siis jääb üle vaid teistel valitsustel kahjumeid aktsepteerida.
Makro poolel oli Euroopas positiivseks uudiseks Saksamaa investorite paranenud kindlustunne riigi majanduse järgneva kuue kuu väljavaate osas, kui ZEW küsitluse ootuste indeks kerkis detsembris 22,6 punkti ning jõudis 6,9 punktiga uuesti positiivsele territooriumile (esimest korda alates selle aasta maikuust).
USAs aga kasvasid hulgimüüjate varud oktoobris eelmise kuu baasil 0,6% 497,13 miljardi dollarini, mis oli rohkem kui analüütikute prognoositud 0,4%. Samal ajal aga kukkus jaemüüjate müük -1,2% 408,47 miljardi dollarini, mis jäi samuti analüütikute oodatud 0,1% kasvule alla. Sellega jõudsid hulgimüüjate varud suhtena müüki kõrgeimale tasemele alates 2009.a. USA kaubandusbilansi defitsiit näitas aga oktoobris kasvu 4,8% -42,2 miljardi dollarini (oodati -42,8 mld USD), kuna eksport kukkus -3,6% ja import vähenes -2,1%. Goldmani arvates on USA majandus hetkel kursil saavutamaks neljandas kvartalis 1,0% kvartaalset annualiseeritud kasvu.
Tulles tänase päeva juurde, siis Suurbritannias avaldatakse novembri ja oktoobri tööturu statistikat, eurotsoonis raporteeritakse oktoobri tööstustoodangu muutus ja USAs saab tähelepanu all olema FOMC intressimääraotsus, värskendatud majandusprognoosid ning Ben Bernanke pressikonverents.
11.30 Suurbritannia töötu abiraha taotluste arv (november)
11.30 Suurbritannia töötuse määr (oktoober)
12.00 Eurotsooni tööstustoodangu muutus (oktoober)
12.00 Itaalia võlakirjaoksjon (6,5 mld EUR 12 kuu võlga)
15.30 ELi rahandusministrid kohtuvad arutamaks pankade järelvalvet
19.30 FOMC pressiteade
21.00 FOMC majandusprognoosid
21.00 USA valitsuse eelarvepuudujääk (november)
21.15 Ben Bernanke pressikonverents
USA indeksite futuurid kauplevad hetkel nullis, Euroopa on avanemas 0,4% kõrgemal. 
Esialgsetes kommentaarides on Lagarde Kreeka võla tagasiostu tulemuste osas vähemalt positiivne
Christine Lagarde, the head of the International Monetary Fund, on Tuesday welcomed the results of Greece's bond buyback scheme, but said she would leave further comment to European economic authorities.
Christine Lagarde, the head of the International Monetary Fund, on Tuesday welcomed the results of Greece's bond buyback scheme, but said she would leave further comment to European economic authorities.
WSJ on pannud käesoleva aasta üsna värvikatesse piltidesse
Täna ehk 12.12.12 on teinud Saksamaa DAX indeks viimase 4,9 aasta kõrgeima taseme ja käinud ära üle 7600 punkti taseme. Viimati oldi nii kõrgel 15.01.08.
DAX indeksi ajaloolisest tipust väärtusega 8151.57 punkti, mis tehti 13.07.2007, on nüüd puudu vaid 7%.
DAX indeksi ajaloolisest tipust väärtusega 8151.57 punkti, mis tehti 13.07.2007, on nüüd puudu vaid 7%.
Bank of Greece Governor Provopoulos says Greek economy to shrink more that 6% in 2012, & shrink 4% - 4.5% in 2013
UK töötu abiraha taotlused oodatust veidi paremad
UK ECON: ILO 3-month Unemployment Rate unchanged at 7.8% in November. Claimant Count unchanged at 4.8%
UK ECON: Jobless Claims Fall -3k in Nov versus 7k expected. Oct reading revised lower to 6k from 10.1k initially reported
UK ECON: Average Weekly Earnings (3M/YoY) rise 1.8% in Nov vs 1.9% expected
UK ECON: ILO 3-month Unemployment Rate unchanged at 7.8% in November. Claimant Count unchanged at 4.8%
UK ECON: Jobless Claims Fall -3k in Nov versus 7k expected. Oct reading revised lower to 6k from 10.1k initially reported
UK ECON: Average Weekly Earnings (3M/YoY) rise 1.8% in Nov vs 1.9% expected
Eurotsooni tööstustoodang kukkus oktoobris mullusega võrreldes -3,6%, mis oli kiirem kui septembri -2,8% ning oodatud -2,4%. Alloleval joonisel on oranži joonena ära toodud ka töötleva tööstuse PMI, mille põhjal peaks ka tööstustoodang näitama edaspidi paranemist.
Keegi pettumusele rahatrüki osas panustada julgeb? Septembrikuu "maagia" müüdi ära võrdlemisi kiirelt.
Eile teatas MCP, et firma CEO Mark A. Smith lahkub ametist.
Molycorp appoints Vice Chairman Constantine Karayannopoulos Interim President and CEO; Mark A. Smith has left the company
Täna on hiljuti jõudsa ralli läbi teinud MCP eelturul ligi 8% miinuspoolel kauplemas, aga Dahlman Rose`i analüütikute arvates võtavad investorid selle uudise, vaatamata esialgsele negatiivsele reaktsioonile siiski positiivselt vastu.
Molycorp: CEO Mark Smith steps down, investors to react positively to this news - Dahlman Rose
Dahlman Rose notes, Mark Smith has left the company, and the Board of Directors has appointed Vice Chairman Constantine Karayannopoulos as Interim President and CEO; The company is immediately undertaking a search for a permanent President and CEO. The firm believes Smith's departure is tied to Molycorp's recent weaker-than-expected performance; driven in part by falling REO price, but also by disappointing operating results, unexpected additional capital expenditures, and aggressive acquisitions. Despite negative after-market performance, they expect investors to react positively to this news.
Molycorp appoints Vice Chairman Constantine Karayannopoulos Interim President and CEO; Mark A. Smith has left the company
Täna on hiljuti jõudsa ralli läbi teinud MCP eelturul ligi 8% miinuspoolel kauplemas, aga Dahlman Rose`i analüütikute arvates võtavad investorid selle uudise, vaatamata esialgsele negatiivsele reaktsioonile siiski positiivselt vastu.
Molycorp: CEO Mark Smith steps down, investors to react positively to this news - Dahlman Rose
Dahlman Rose notes, Mark Smith has left the company, and the Board of Directors has appointed Vice Chairman Constantine Karayannopoulos as Interim President and CEO; The company is immediately undertaking a search for a permanent President and CEO. The firm believes Smith's departure is tied to Molycorp's recent weaker-than-expected performance; driven in part by falling REO price, but also by disappointing operating results, unexpected additional capital expenditures, and aggressive acquisitions. Despite negative after-market performance, they expect investors to react positively to this news.
Paneme siia tänase Fedi otsuse ootused ka. Konsensus ootab kvantitatiivse lõdvendamise programmi laiendamist ehk et Fed teataks $45 miljardi kuisest riigivõlakirjade ostuprogrammist.
Eilne Bloombergi artikkel:
The Federal Reserve will amplify record accommodation tomorrow by announcing $45 billion in monthly Treasury buying that will push its balance sheet almost to $4 trillion, according to a Bloomberg survey of economists.
48 of 49 economists predict the Federal Open Market Committee will purchase Treasuries to bolster an existing program to buy $40 billion in mortgage bonds each month. The panel pledged in October to continue that plan until the labor market improves “substantially.”
“It’s going to be massive and open-ended in size,” said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities Inc. in New York and a former New York Fed economist.
Chairman Ben S. Bernanke and his FOMC colleagues will press on with purchases at least through the first quarter of 2014, according to the median estimate in the Dec. 7-10 survey. They are expanding the balance sheet beyond $2.86 trillion in a bid to spur growth and lower an unemployment rate of 7.7 percent.
Link.
Eilne Bloombergi artikkel:
The Federal Reserve will amplify record accommodation tomorrow by announcing $45 billion in monthly Treasury buying that will push its balance sheet almost to $4 trillion, according to a Bloomberg survey of economists.
48 of 49 economists predict the Federal Open Market Committee will purchase Treasuries to bolster an existing program to buy $40 billion in mortgage bonds each month. The panel pledged in October to continue that plan until the labor market improves “substantially.”
“It’s going to be massive and open-ended in size,” said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities Inc. in New York and a former New York Fed economist.
Chairman Ben S. Bernanke and his FOMC colleagues will press on with purchases at least through the first quarter of 2014, according to the median estimate in the Dec. 7-10 survey. They are expanding the balance sheet beyond $2.86 trillion in a bid to spur growth and lower an unemployment rate of 7.7 percent.
Link.
Ymera,
SINA-weibo teema ? nõrk?
FC-GS dg -sellel turul mitte?
MCP -CEO vah-liiga palju tõusnud?
NFLX ug? squeeser?
SINA-weibo teema ? nõrk?
FC-GS dg -sellel turul mitte?
MCP -CEO vah-liiga palju tõusnud?
NFLX ug? squeeser?
MNST- joogid ohutud- liiga vähe?
Gapping up
In reaction to strong earnings/guidance: DD +2.5% (announces $1 billion share buyback program; sees FY12 EPS at high end of previous range), AET +1.5%.
A few European financial related names showing strength: UBS +2.4%, CS +1.9%, NBG +1.6%, SAN +1.2%, BCS +1.0%.
Select oil/gas related names showing strength: HES +3.8% (Hess announces Pecan-1 Discovery Offshore Ghana), WNR +2.3% (declares special dividend of $1.50 per share), CHK +1.4% (nnounces agreement to sell a substantial majority of its remaining midstream assets for $2.16 bln to Access Midstream Partners), RDS.A +1.2%, RIG +1.1%, STO +1.1%, BP +1%, .
A few solar names ticking higher: STP +5.5%, YGE +2.6%
A few telecom names seeing modest strength: PT +3.4%, FTE +1.6%, TI +1.1%,
Other news: SCMP +13.1% (announces FDA approval of an sNDA for RESCULA (unoprostone isopropyl), CLSN +7.6% (continued strength after Director discloses buying 14K shares at $7.60 on 12/10, worth ~$100K yesterday afternoon), HBIO +5.5% (announces filing of IPO Registration Statement for Harvard Apparatus Regenerative Technology), DLB +5.3% (announces one-time special dividend of $4.00 per share), DISH +1.7% (issues statement on AWS-4 Spectrum Decision), AAPL +0.9% (WSJ discusses news that Apple is testing TV designs for Apple TV), CMI +0.7% (announces new $1 bln stock repurchase program), CB +0.4% (estimates net losses after tax from Storm Sandy of approximately $570 million; will resume share repurchases), BHP +0.3% (PetroChina to buy BHP stake in Browse Project for $1.63 bln, according to reports).
Analyst comments: OWW +2.9% (initiated with a Buy at Janney),-email after the close DDD +2.1% (upgraded to Neutral from Underweight at JP Morgan), TTWO +2% (upgraded to Overweight from Neutral at Piper Jaffray), ALNY +1.9% (ticking higher, upgraded to Overweight from Neutral at Piper Jaffray), NFLX +1.6% (tgt to $105 from $80 at Morgan Stanley), POT +1.2% (resumed with a Buy at Goldman)
In reaction to strong earnings/guidance: DD +2.5% (announces $1 billion share buyback program; sees FY12 EPS at high end of previous range), AET +1.5%.
A few European financial related names showing strength: UBS +2.4%, CS +1.9%, NBG +1.6%, SAN +1.2%, BCS +1.0%.
Select oil/gas related names showing strength: HES +3.8% (Hess announces Pecan-1 Discovery Offshore Ghana), WNR +2.3% (declares special dividend of $1.50 per share), CHK +1.4% (nnounces agreement to sell a substantial majority of its remaining midstream assets for $2.16 bln to Access Midstream Partners), RDS.A +1.2%, RIG +1.1%, STO +1.1%, BP +1%, .
A few solar names ticking higher: STP +5.5%, YGE +2.6%
A few telecom names seeing modest strength: PT +3.4%, FTE +1.6%, TI +1.1%,
Other news: SCMP +13.1% (announces FDA approval of an sNDA for RESCULA (unoprostone isopropyl), CLSN +7.6% (continued strength after Director discloses buying 14K shares at $7.60 on 12/10, worth ~$100K yesterday afternoon), HBIO +5.5% (announces filing of IPO Registration Statement for Harvard Apparatus Regenerative Technology), DLB +5.3% (announces one-time special dividend of $4.00 per share), DISH +1.7% (issues statement on AWS-4 Spectrum Decision), AAPL +0.9% (WSJ discusses news that Apple is testing TV designs for Apple TV), CMI +0.7% (announces new $1 bln stock repurchase program), CB +0.4% (estimates net losses after tax from Storm Sandy of approximately $570 million; will resume share repurchases), BHP +0.3% (PetroChina to buy BHP stake in Browse Project for $1.63 bln, according to reports).
Analyst comments: OWW +2.9% (initiated with a Buy at Janney),-email after the close DDD +2.1% (upgraded to Neutral from Underweight at JP Morgan), TTWO +2% (upgraded to Overweight from Neutral at Piper Jaffray), ALNY +1.9% (ticking higher, upgraded to Overweight from Neutral at Piper Jaffray), NFLX +1.6% (tgt to $105 from $80 at Morgan Stanley), POT +1.2% (resumed with a Buy at Goldman)
Gapping down:
In reaction to disappointing earnings/guidance: GEOS -9.9%, CENT -3.7%, (light volume), CRL -3.6%.
Other news: TLAB -14.9% (trading ex dividend), CIE -8.9% (announced pricing of a registered underwritten public offering of $1,200,000,000 aggregate principal amount of its 2.625% convertible senior notes due 2019), EXAR -7.2% (disclosed termination of Senior VP and CFO Kevin S. Bauer, effective immeditely), MCP -6.7% (appoints Vice Chairman Constantine Karayannopoulos Interim President and CEO; Mark A. Smith has left the company), NRF -4.7% (announces public offering of 25 mln shares of common stock), WMB -3.4% (Williams Cos to invest up to $2.4 Billion in Access Midstream Partners; affirms guidance for 20% annual dividend growth; announces 46.5 mln share public offering of common stock), LLY -3.2% (provides update on next steps for solanezumab; co does not intend to submit a Biologics License Application at this time in the U.S.), G -2.8% (announces secondary equity offering of ~10.9 mln shares on behalf of original sponsors), CTWS -2.5% ( announces proposed offering of 1.475 mln shares of common stock), ERJ -2.2% (still checking), BUD -1.8% (still checking), SE -0.8% (Spectra Energy prices 12.8 mln shares of common stock at $26.75 per share).
Analyst comments: UA -2.2% (initiated with a Underweight at JP Morgan), STX -3.4% ( downgraded to Underweight from Neutral at JP Morgan), ZIOP -2.7% (downgraded to Hold at Jefferies).
In reaction to disappointing earnings/guidance: GEOS -9.9%, CENT -3.7%, (light volume), CRL -3.6%.
Other news: TLAB -14.9% (trading ex dividend), CIE -8.9% (announced pricing of a registered underwritten public offering of $1,200,000,000 aggregate principal amount of its 2.625% convertible senior notes due 2019), EXAR -7.2% (disclosed termination of Senior VP and CFO Kevin S. Bauer, effective immeditely), MCP -6.7% (appoints Vice Chairman Constantine Karayannopoulos Interim President and CEO; Mark A. Smith has left the company), NRF -4.7% (announces public offering of 25 mln shares of common stock), WMB -3.4% (Williams Cos to invest up to $2.4 Billion in Access Midstream Partners; affirms guidance for 20% annual dividend growth; announces 46.5 mln share public offering of common stock), LLY -3.2% (provides update on next steps for solanezumab; co does not intend to submit a Biologics License Application at this time in the U.S.), G -2.8% (announces secondary equity offering of ~10.9 mln shares on behalf of original sponsors), CTWS -2.5% ( announces proposed offering of 1.475 mln shares of common stock), ERJ -2.2% (still checking), BUD -1.8% (still checking), SE -0.8% (Spectra Energy prices 12.8 mln shares of common stock at $26.75 per share).
Analyst comments: UA -2.2% (initiated with a Underweight at JP Morgan), STX -3.4% ( downgraded to Underweight from Neutral at JP Morgan), ZIOP -2.7% (downgraded to Hold at Jefferies).
BDI langus jätkub
Baltic Dry Index drops -8,2% to 826 points, most since October 2008
Baltic Dry Index drops -8,2% to 826 points, most since October 2008
krookus
Ymera,
SINA-weibo teema ? nõrk?
FC-GS dg -sellel turul mitte?
MCP -CEO vah-liiga palju tõusnud?
NFLX ug? squeeser?
FC -oli sell, tuli tagasi selliga, pole põhjust minu arvates. NFLX - MS viib targeti lihtsalt üles, kuna ta eelmine on jalgu jäänud strockile, mis tahab üles minna. MCP - ma arvan, aga ilmselt ei panusta, et see mingi kell squeezib.
SINA -mu meelest pointless sellelt lille noppima minna. Lihtsalt arvamus. Niikuinii kuulan, kuidas eilne MUSE veel kõrvus vilistab.
MCP mõnus squeez...arvata oli..
ymerameeskrookus
Ymera,
SINA-weibo teema ? nõrk?
FC-GS dg -sellel turul mitte?
MCP -CEO vah-liiga palju tõusnud?
NFLX ug? squeeser?
FC -oli sell, tuli tagasi selliga, pole põhjust minu arvates. NFLX - MS viib targeti lihtsalt üles, kuna ta eelmine on jalgu jäänud strockile, mis tahab üles minna. MCP - ma arvan, aga ilmselt ei panusta, et see mingi kell squeezib.
SINA -mu meelest pointless sellelt lille noppima minna. Lihtsalt arvamus. Niikuinii kuulan, kuidas eilne MUSE veel kõrvus vilistab.
Tegelt ma mõtlesin CF-i
Ma tean, mõte jäi samaks :)