Refund Help ECB Euro. The euro extended gains after the ECB announced a euro-zone banks will refund € 137.2 billion of the LTRO (Long Term Refinance Operation) channeled the central bank by the end of 2011. LTRO is a facility given the ECB's cheap funds to banks to ease the liquidity needs amid a worsening debt crisis in the euro zone last year. LTRO conducted two stages in December 2011 and February 2012 with a total disbursement of funds exceeding € 1 trillion. The amount of the returned funds LTRO banks exceeded economists' estimates are estimates only return as much as € 100 billion. The amount is 28% of the LTRO I reached € 489 billion. Banks are allowed to continue with the return LTRO next week and the ECB will release the data every week. Refunds can LTRO signaled the euro-zone banking conditions are better. EUR / USD is now trading 1.3444, moving away from a daily low of 1.3349.
ANA and JAL Still Support Boeing
Japanese airlines still support the Boeing 787 Dreamliner. All Nippon Airways (ANA) and Japan Airlines(JAL) will still point out a few dozen aircraft ordered 50 aircraft Dreamliner Dreamliner despite still being rested due security issues. ANA and JAL's biggest customer for the Boeing 787 series aircraft is priced at $ 207 million for each unit. The two leading airlines in Japan are not affected by the regulator's comments. Japan and the U.S. which states Dreamliner will be a long investigation.
ECB: Banks Paying Debt LTRO More Than Estimated
European Central Bank (ECB) reported that Eurozone banks pay emergency loans over a 3-year tenor many than forecast, where it is a signal in addition to easing the region's debt crisis. About 278 institutions European finance will repay about 137.2 billion euros, or the equivalent of $ 184.4 billion on 30 January, based on declaration based ECB in Frankfurt, central estimate overshoots by 84 billion euros. Total loans LTRO first stage provided by the ECB for 489 billion euros, is expected to be fully reimbursed by the banks in the weeks ahead. ECB council member, Ewald Nowotny stated that debt faster is a positive signal for the condition health of European banks. Side effects from early debt repayment supply siphon money from the financial system thus trigger an increase in inter-bank interest rate (Euribor) which so far has risen 0.54%.
Gold Trend Still In decline since the U.S. Debt Ceiling Deal
Precious metals Gold and Silver fell for the second day in a row due to the economic growth outlook better globally, plus U.S. debt ceiling deal that reduce U.S. debt default fears have limited demand for safe-haven assets like gold. Gold weakening in recent days also potentially trigger a buying physical gold, because some consumers in Asia who want to keep the gold ahead of the Lunar New Year in China. In London, the demand for gold-based ETF products ranging declined by approximately 5 metric tons, or 0.2% yesterday, and the potential to show the first monthly decline since July. Observed so far Gold spot price was down -0.10% at $ 1,665.96 after reaching its highest point at $ 1,672.18 and an intraday low daily at $ 1,663.79 per troy ounce. Technically, Gold is still trading rangebound with limited range estimate in 1660 till 1700. Fell below key support area MA200-day in the range of 1660 opened up opportunities further technical selloff likely to test the level of next support at 1654 area. Nearest resistance seen in the area in 1676 and 1685.
Promising Economic Data, Oil Rise
Crude oil prices again perched in area $ 96 per barrel on Friday and was in the path to weekly gain to-7 streak following positive data from the United States and China boosted prospects for demand growth from 2 consumer The world's biggest oil. The manufacturing sector in China and the U.S. managed to grow at the fastest pace in two years this month. Improvement in some German data has also provided hope for a faster recovery in the Euro zone. Currently oil Crude for March delivery is offered at around $ 96.35 per barrel, or about 0.4% above the closing price yesterday. "Statistics U.S. and China have supported moderate growth prospects in 2013," said Ric Spooner, chief market analyst at CMC Markets in Sydney. "Any increase in demand will help the industry in oil demand a whole. "Earlier in crude oil prices had depressed after U.S. oil inventory data that rose above expectations. U.S. crude oil inventories rose 2.81 million barrels last week, which beat expectations rising 1.8 million barrels. It caused by domestic refining companies that process a little more oil, according to the Energy Information Administration (EIA) on Thursday.
Honeywell Performance Good Enough
Honeywell International managed to record profits and revenue were brilliant despite global economic activity remains on edge uncertainty. Leading conglomerate company reported EPS (earnings per share) of $ 1.10 with revenues reached $ 9.58 billion. This was better than analyst estimates of $ 1.09 EPS estimate and $ 9.51 billion in revenue. Stock Honeywell rose 2.51% to $ 69.95 after the company released its financial statements. The acquisition of natural gas and processing companies increased revenue from automation and control products help companies successfully recorded good performance. Honeywell has completed the acquisition of Russels which produces equipment for separating contaminants from natural gas October 22 last. Increased investment in the energy industry could offset weakly demand for aerospace and auto products turbocharges used for defense systems. The company also won a contract to supply gas processing equipment Petroleo Brasileiro nature.
ANA and JAL Still Support Boeing
Japanese airlines still support the Boeing 787 Dreamliner. All Nippon Airways (ANA) and Japan Airlines(JAL) will still point out a few dozen aircraft ordered 50 aircraft Dreamliner Dreamliner despite still being rested due security issues. ANA and JAL's biggest customer for the Boeing 787 series aircraft is priced at $ 207 million for each unit. The two leading airlines in Japan are not affected by the regulator's comments. Japan and the U.S. which states Dreamliner will be a long investigation.
ECB: Banks Paying Debt LTRO More Than Estimated
European Central Bank (ECB) reported that Eurozone banks pay emergency loans over a 3-year tenor many than forecast, where it is a signal in addition to easing the region's debt crisis. About 278 institutions European finance will repay about 137.2 billion euros, or the equivalent of $ 184.4 billion on 30 January, based on declaration based ECB in Frankfurt, central estimate overshoots by 84 billion euros. Total loans LTRO first stage provided by the ECB for 489 billion euros, is expected to be fully reimbursed by the banks in the weeks ahead. ECB council member, Ewald Nowotny stated that debt faster is a positive signal for the condition health of European banks. Side effects from early debt repayment supply siphon money from the financial system thus trigger an increase in inter-bank interest rate (Euribor) which so far has risen 0.54%.
Gold Trend Still In decline since the U.S. Debt Ceiling Deal
Precious metals Gold and Silver fell for the second day in a row due to the economic growth outlook better globally, plus U.S. debt ceiling deal that reduce U.S. debt default fears have limited demand for safe-haven assets like gold. Gold weakening in recent days also potentially trigger a buying physical gold, because some consumers in Asia who want to keep the gold ahead of the Lunar New Year in China. In London, the demand for gold-based ETF products ranging declined by approximately 5 metric tons, or 0.2% yesterday, and the potential to show the first monthly decline since July. Observed so far Gold spot price was down -0.10% at $ 1,665.96 after reaching its highest point at $ 1,672.18 and an intraday low daily at $ 1,663.79 per troy ounce. Technically, Gold is still trading rangebound with limited range estimate in 1660 till 1700. Fell below key support area MA200-day in the range of 1660 opened up opportunities further technical selloff likely to test the level of next support at 1654 area. Nearest resistance seen in the area in 1676 and 1685.
Promising Economic Data, Oil Rise
Crude oil prices again perched in area $ 96 per barrel on Friday and was in the path to weekly gain to-7 streak following positive data from the United States and China boosted prospects for demand growth from 2 consumer The world's biggest oil. The manufacturing sector in China and the U.S. managed to grow at the fastest pace in two years this month. Improvement in some German data has also provided hope for a faster recovery in the Euro zone. Currently oil Crude for March delivery is offered at around $ 96.35 per barrel, or about 0.4% above the closing price yesterday. "Statistics U.S. and China have supported moderate growth prospects in 2013," said Ric Spooner, chief market analyst at CMC Markets in Sydney. "Any increase in demand will help the industry in oil demand a whole. "Earlier in crude oil prices had depressed after U.S. oil inventory data that rose above expectations. U.S. crude oil inventories rose 2.81 million barrels last week, which beat expectations rising 1.8 million barrels. It caused by domestic refining companies that process a little more oil, according to the Energy Information Administration (EIA) on Thursday.
Honeywell Performance Good Enough
Honeywell International managed to record profits and revenue were brilliant despite global economic activity remains on edge uncertainty. Leading conglomerate company reported EPS (earnings per share) of $ 1.10 with revenues reached $ 9.58 billion. This was better than analyst estimates of $ 1.09 EPS estimate and $ 9.51 billion in revenue. Stock Honeywell rose 2.51% to $ 69.95 after the company released its financial statements. The acquisition of natural gas and processing companies increased revenue from automation and control products help companies successfully recorded good performance. Honeywell has completed the acquisition of Russels which produces equipment for separating contaminants from natural gas October 22 last. Increased investment in the energy industry could offset weakly demand for aerospace and auto products turbocharges used for defense systems. The company also won a contract to supply gas processing equipment Petroleo Brasileiro nature.
0 Comment to "Refund Help ECB Euro"
Post a Comment
Thanks for comment here, admin.