tag:blogger.com,1999:blog-64240909139127482772024-03-13T17:16:15.252-07:00Trade12 ReviewsTrade12 Review’s mission is to share knowledge about the stock markets. An immense amount of the updated facts that would be treasurable to numerous public will be served every day.Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.comBlogger278125tag:blogger.com,1999:blog-6424090913912748277.post-72566485931967574912018-02-27T06:24:00.003-08:002018-02-27T06:24:47.610-08:00China Drops U.S. Broiler Chicken Import<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The Commerce Ministry of China stated that it has removed anti-dumping
and anti-subsidy duties on the U.S. white-feathered broiler chickens, ending a
years-long clash between the biggest economies in the world amid increasing
tensions over agricultural trade.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-lri37VYAGOY/WpVohguhmMI/AAAAAAAABUc/U2s5T4rM_jwIPxWTDbt69aUuDorT9BZ-wCLcBGAs/s1600/Broil%2BChickens%2BOver%2Bthe%2BFlag%2Bof%2BChina.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Broil Chickens Over the Flag of China" border="0" data-original-height="667" data-original-width="1000" src="https://4.bp.blogspot.com/-lri37VYAGOY/WpVohguhmMI/AAAAAAAABUc/U2s5T4rM_jwIPxWTDbt69aUuDorT9BZ-wCLcBGAs/s1600/Broil%2BChickens%2BOver%2Bthe%2BFlag%2Bof%2BChina.jpg" title="Broil Chickens Over the Flag of China" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">China will remove the anti-dumping and anti-subsidy duties on the U.S. broiler chickens.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Meanwhile, the move, which will be effective on Tuesday, arises
after a World Trade Organization ruling in January that obliged Beijing to reduce
the tariffs unless it appealed within 20 days.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The tariffs were first imposed back in 2010. However, in 2016, they
were extended for a further five years.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On the other hand, the administration of U.S. President Donald
Trump is considering imposing a stiff curb on steel and aluminum imports from
China.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The move on broiler chickens is not important for the American
poultry industry, since China has ban imports of U.S. poultry, poultry
products, and egg due to the avian influenza in 2015.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“This is great news, but the market is still currently closed,”
the director for Greater China at the USA Poultry and Egg Export Council, Sarah
Li, stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to Li, the industry association visited the Ministry of
Agriculture in China last month to ask the government to remove the import ban
since there are no more signs of the virus.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Before the ban, the exports of poultry and eggs to China were
worth hundreds of millions of dollars every year.<o:p></o:p></span></span></div>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;"> </span></span></h2>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;">China vs Social Media<o:p></o:p></span></span></h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In other news, the plan of China for President Xi Jinping to stay
in the office indefinitely has flickered social media disapproval, making
comparisons to the ruling dynasty of North Korea and prompting a Hong Kong
pro-democracy activist to allege it of creating a dictator.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last Sunday, the response of social media quickly saw China swing
into a concerted propaganda push by Monday, blocking some articles that are
praising the party.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the White House in Washington has stated that it was up
to China to choose whether to do away with presidential term limits.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The proposal made by the ruling Communist Party was to remove a
constitutional clause limiting presidential service to just two terms in office.
This means that President Xi, who also heads the party and the military, might
never have to retire.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The plan of the party, which will be passed by representatives
loyal to the group at the annual meeting of China’s largely rubber-stamp
parliament next month, is part of a package of amendments to the constitution
of the country.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is
a community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-78118151891214710252018-02-26T06:26:00.000-08:002018-02-26T06:43:30.605-08:00Geely Made $9 Billion Stake in Daimler<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Li Shufu, the chairperson of Zhejiang Geely Holding, has made a
$9 billion or £6.4 billion stake in Daimler, a German multinational automotive
corporation, hoping that he can go through an alliance to access the technology
of the German company.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-u7mtiO96sq8/WpQX1J_AXMI/AAAAAAAABUM/yISc0HSaE28B9C1cANz9i1zyxtjN9YHJgCLcBGAs/s1600/Geely%2BSignage%2BOutside%2Bits%2BBuilding.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Geely Signage Outside its Building" border="0" data-original-height="667" data-original-width="1000" src="https://3.bp.blogspot.com/-u7mtiO96sq8/WpQX1J_AXMI/AAAAAAAABUM/yISc0HSaE28B9C1cANz9i1zyxtjN9YHJgCLcBGAs/s1600/Geely%2BSignage%2BOutside%2Bits%2BBuilding.jpg" title="Geely Signage Outside its Building" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Geely is now the biggest shareholder of German automaker, Diamler.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />The purchase by Li means that Geely, the largest privately owned
automaker in China, is now the biggest shareholder of Diamler.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last Saturday, Geely stated that the company has no plans “for the
time being” to increase the stake further. Instead, the automaker will pursue
to forge an alliance with Daimler, which is developing electric and
self-driving vehicles.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“No current car industry player is likely to win this battle
against the invaders from outside without friends. To achieve and assert
technological leadership, one has to adapt a new way of thinking in terms of
sharing and combining strength. My investment in Daimler reflects this vision,”
stated Li.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Geely has been on an expansion drive. The company now owns LEVC,
the maker of black cabs in London, Volvo Cars, and just last year it took a
majority stake in Lotus, a sports car maker. The automaker also has a 49.9
percent stake in Proton, a Malaysian automaker, a $3.3 billion stake in Volvo
Trucks, and control of flying car start-up, Terrafugia.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The move of Geely on Daimler poses a challenge to the German
automaker, since Mercedes-Benz already has an industrial alliance with
Renault-Nissan to make cars and trucks.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Renault-Nissan owns a 3.1 percent stake in Daimler. Meanwhile, the
German automaker has announced its plans to build electric cars with BAIC Motor
Corporation, its existing Chinese joint-venture partner.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“It's not clear what Geely wants and how it's going to work, but
we view this move as part of a broader Chinese move to gain involvement in the
European automotive industry,” Max Warburton, an analyst, stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“China wants a payback after spending a decade gifting the
European auto industry super-normal growth and profits. Now it wants more
direct access to technology, brands, and profits.”<o:p></o:p></span></span></div>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;"> </span></span></h2>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;">Shares of Geely Increases<o:p></o:p></span></span></h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Geely’s shares went up after its chairperson announced its $9
billion stake in Daimler.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Monday, Li is expected to meet with the executives of the
German automaker in Stuttgart and hopes to meet the top German officials in
Berlin.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“It’s one thing to be an investor, a significant investor, but
it’s another to be an alliance partner,” James Chao, a chief of consultancy in HIS
Markit Automotive, stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“I think this is the start of a process of negotiations to get
something hammered out... Whether or not it will work, we’ll see.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the stock of Geely increased 7 percent on Monday,
giving it a market value of $29 billion. Daimler’s shares, on the other hand,
went down 0.6 percent in the early trade.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is
a community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-53090028629227414852018-02-21T06:05:00.000-08:002018-02-21T06:05:02.531-08:00Dollar Increases as Investors Shift Focus to Fed Minutes<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Wednesday, the dollar increased as investors shifted their
focus towards the Federal Reserve’s latest policy meeting minutes to
look for hints on the future pace of U.S. monetary tightening.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-KMf16CB1caM/Wo1o32uf09I/AAAAAAAABT8/FeunLNUAtqo9mdJkcMfrQtl7td4tpnpoACLcBGAs/s1600/Dollars%2Bwith%2BU.S.%2BFlag%2Bon%2Bthe%2BCenter.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Dollar bills with the U.S. flag on the center" border="0" data-original-height="667" data-original-width="1000" src="https://3.bp.blogspot.com/-KMf16CB1caM/Wo1o32uf09I/AAAAAAAABT8/FeunLNUAtqo9mdJkcMfrQtl7td4tpnpoACLcBGAs/s1600/Dollars%2Bwith%2BU.S.%2BFlag%2Bon%2Bthe%2BCenter.jpg" title="Dollar bills with the U.S. flag on the center" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Dollar edge up on Wednesday.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />The dollar index went up 0.1 percent to 89.805, which increased
about 1.8 percent from last week’s three-year low of 88.251. Meanwhile, the
greenback also went up 0.3 percent to 107.70 yen. <o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to market players, the stop-loss dollar buying helped to
boost the dollar, which increased to 107.90 yen at some point.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Market participant were the reason for the bounce in the dollar
over the past sessions to short covering after speculative trades helped push
it down to a 15-month low of 105.545 yen last week.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“It's mainly a positioning clean-up in my view,” Tareck Horchani,
the head of sales trading in Asia Pacific, said.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Horchani stated that the dollar would possibly consolidate against
the yen after its latest selloff.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Horchani also stated that some market players, who bought
dollar/yen, has put options to position for dollar weakness, as the market is
currently “well covered” against the downside risks in the U.S. currency.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the yen did not have any reaction to the statement of
Masatsugu Asakawa, Japan’s top currency diplomat, who stated that the recent
moves of the yen were “one sided.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In recent months, the U.S. currency has been declining against other
major currencies including yen, with the positive impetus from the increasing
U.S. interest rates offset by bearish factors, such as the fears that the U.S.
could pursue a weaker dollar policy.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“I would characterize the rebound this week as more of a technical
rebound. The underlying bias is still for dollar weakness,” Heng Koon How, the
head of markets strategy for United Overseas Bank, stated.<o:p></o:p></span></span></div>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;"> </span></span></h2>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;">Aussie Eases against the Dollar<o:p></o:p></span></span></h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In other news, Aussie eased at 0.23 percent against the dollar at
0.7865 after Australia Bureau Statistics released the construction data.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, Q4 Wage data has reported 0.6 percent quarter-on-quarters
instead of the expected 0.5 percent.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In another place, USD/CNY rose at 6.3453, up 0.06 percent.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is
a community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span></span>Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-71961226867143850772018-02-20T06:36:00.000-08:002018-02-20T06:57:56.738-08:00Natural Gas Futures Surge as it Recovers from a Downfall<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Tuesday, the natural gas futures increased as it recovers from last week’s lowest level in almost two years.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-turKPpsDGIY/Woww-OUzYtI/AAAAAAAABTs/nKMW7ani-E8V3BQ1hil9sgGWVxomrhHBQCLcBGAs/s1600/Natural%2BGas%2BPipelines.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Natural Gas Pipelines" border="0" data-original-height="669" data-original-width="1000" src="https://3.bp.blogspot.com/-turKPpsDGIY/Woww-OUzYtI/AAAAAAAABTs/nKMW7ani-E8V3BQ1hil9sgGWVxomrhHBQCLcBGAs/s1600/Natural%2BGas%2BPipelines.jpg" title="Natural Gas Pipelines" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Natural Gas went up as it recovers from last week's downfall </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Front-month U.S. natural gas futures went up 2.8 percent, or 7.0
cents, to $2.628 per million British thermal units.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Earlier in the session, it achieved its best level since February
9 at $2.662, above its last 21-month low of $2.530.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The U.S. gas futures, on the other hand, did not settle yesterday due
to the holiday, which is the Presidents' Day.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last week, the commodity saw a weekly decreased of 1 percent,
its third-in-a-row loss.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The prices of natural gas went down nearly 30 percent late last
month, amid assumption that the warm season will bring heat around United
States and cut into demand for the fuel.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Spring is usually seen as the weakest demand for natural gas in
the U.S., as the lack of extreme temperatures curbs demand for heating and air
conditioning. While the warmer season is the peak demand
for natural gas.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">However, market participants are looking ahead to this week’s
storage data which is due on Thursday. The storage data is expected to show a draw
in a range between 112 and 128 billion cubic feet in the week ended on February
16.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to the U.S. Energy Information Administration, the total
natural gas that’s in storage as of now stands at 1.884 trillion cubic feet.</span></span></div>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;"><br /></span></span></h2>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;">Israel to Export Natural Gas in Egypt<o:p></o:p></span></span></h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In other news, Delek Drilling, an Israeli company, has said that
it will supply Egypt with $15bn worth of natural gas, which is the largest
export agreement to date for the natural gas industry of Israel.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to a statement, Dolphinus, an Egyptian company, will buy
a 64 billion cubic meters of natural gas from Delek Drilling and Noble, its
U.S. partner, during a 10-year period.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Benjamin Netanyahu, Prime Minister of Israel, has welcomed the “historic”
deal.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“This will bring billions into the country's coffers,” the Prime
Minister stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">He also stated that the agreement would “strengthen [Israel's]
security, our economy, and also strengthen our regional relationships.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the CEO of Delek Drilling, Yossi Abu, said that the
deal between the two companies would “establish Egypt's status as a regional
energy centre.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is
a community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-39820901797527014292018-02-19T06:24:00.000-08:002018-02-19T06:24:35.106-08:00Asian Shares Increase as World Stocks Recover<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Asian shares increased on Monday, joining a global recovery for
equity markets as sentiment improved gradually from a recent shakeout that stemmed
from fears of creeping inflation and higher borrowing costs.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-WCjVgctC69Q/WordBtMrm2I/AAAAAAAABTc/bDd-pkiMRdQciZWbGqY9gCCH3Hb_uN13wCLcBGAs/s1600/Business%2BOffice%2Bwith%2BCharts%2Band%2BGraphs.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Business Office with Charts and Graphs" border="0" data-original-height="711" data-original-width="1000" src="https://4.bp.blogspot.com/-WCjVgctC69Q/WordBtMrm2I/AAAAAAAABTc/bDd-pkiMRdQciZWbGqY9gCCH3Hb_uN13wCLcBGAs/s1600/Business%2BOffice%2Bwith%2BCharts%2Band%2BGraphs.jpg" title="Business Office with Charts and Graphs" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Asian shares increases while the world stocks recovers from a recent shakeout.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />The broadest index of MSCI in Asia-Pacific shares outside Japan
went up 0.5 percent, which have recovered from more than 40 percent of their
losses from last month to last week’s low.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, Japan’s Nikkei 225 increased 1.3 percent.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">It is expected that the trading will be slower than usual, due to
the market holidays in the U.S. as well as Greater China.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last Friday, the S&P 500 went up marginally to mark its largest
weekly increase in five years, although its earlier gains evaporated after a
37-page indictment filed by U.S. Special Counsel Robert Mueller, who charged
three Russian companies and 13 Russians for interfering in the 2016 U.S.
presidential election.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The index of stock market of MSCI across the globe grew 4.3
percent last week, its best weekly performance since December 2011.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The bounce came after a two-week rout that wiped off more than 10
percent of value at one point, triggered by concerns that a growth in U.S.
inflation may boost dollar-funding costs.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The sell-off, however, came as the corporate earnings outlook enhanced
on the back of strong global worth, taking down equity valuations off their
highest hit earlier this year.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last month, just before the market ructions, the world shares were
traded at 16.66 times the expected earnings. According to a source, this is the
highest level since 2004. As of now, they are currently at 15.33.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Market confidence often attracts even more market confidence, and
that is what we are seeing at the moment,” David Madden, a markets analyst,
said.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"> “The cooling of the
volatility index has given some dealers the green light to buy back into the
stock market, and while the fear factor keeps sliding, it is likely equity
benchmarks will continue to push higher.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Equity investors have strained some reassurance from a drop in the
volatility index, a measure of implied volatility on the S&P 500 index.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Moreover, the index has stayed under 20 for three-day straight. Its
last reading was at 19.46. A few weeks ago, the index has spiked to a
2-1/2-year high of 50.3, a bounce that caused massive losses among the
investors who expected that the equity markets would stay sturdy on a
combination of solid economic growth and moderate inflation.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"> <a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is a
community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-5985389827698864082018-02-16T05:58:00.002-08:002018-02-16T06:48:10.976-08:00U.S. Crude Oil Rises as Dollar Tumbles<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Friday, the U.S. crude oil increased in subdued trade as the
dollar fell to a three-year low, with many Asian markets closed for the Lunar
New Year holiday.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The March delivery for NYMEX crude went up 0.5 percent, or 29
cents, at $61.63 a barrel, after touching a one-week high of $61.82. This week,
the contract has gain 4 percent after losing almost 10 percent last week.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-UameFGvJTdY/WobhyHuCK5I/AAAAAAAABTM/EiRLzHVeo7kWHNoMldPi07-2cLmNZiGuACLcBGAs/s1600/Crude%2BOil%2Band%2BOil%2BPumps%2Bwith%2BDollars.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Crude Oil and Oil Pumps with Dollar Bills" border="0" data-original-height="640" data-original-width="1000" src="https://1.bp.blogspot.com/-UameFGvJTdY/WobhyHuCK5I/AAAAAAAABTM/EiRLzHVeo7kWHNoMldPi07-2cLmNZiGuACLcBGAs/s1600/Crude%2BOil%2Band%2BOil%2BPumps%2Bwith%2BDollars.jpg" title="Crude Oil and Oil Pumps with Dollar Bills" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">U.S. crude oil increases on Friday, as the dollar falls.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Meanwhile, the Brent crude futures in London increased 0.5 percent, or 30
cents, at $64.63 after settling down 3 cents. Brent fell more than 8 percent
last week, but it went up almost 3 percent this week.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Oil is getting support from a rebound in global stock markets and
a weak dollar, but the upside is limited due to a projection for rising U.S.
production,” Tomomichi Akuta, a senior economist, stated. “The market is quiet
due to a slew of holidays in Asia.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The dollar, on the other hand, dropped to a three-year low against
a basket of currencies. When the dollar is weak, it often boosts the prices of
oil and other dollar-denominated commodities.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">However, Asian shares prolonged their recovery from two-month lows into a
fifth day on Friday as well, as the market volatility gauge of Wall Street went
down, although the financial markets in China and Southeast Asia are closed due
to the holiday.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to Suhail al-Mazroui, UAE energy minister, the oil
producers led by Russia and Saudi Arabia, are aiming to draft a deal
on a long-term alliance at the end of 2018.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, OPEC and non-OPEC producers have been restraining
production by a total of 1.8 million barrels per day in a proposal to sustain
prices under a deal that will expire by the end of this year.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">A data showed that India imported a record of 4.93 million barrels
per day last month to feed its expanded refining capacity and to meet its
increasing demand.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Earlier this week, oil won sustenance after Khalid al-Falih, Saudi
Arabia energy minister, stated that OPEC is hoping to keep limiting the crude
output to leave the market tight.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is
a community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a></span><i><span style="font-family: inherit; font-size: large;">. Trade12 awaits you!</span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></i></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-14227598064854415712018-02-15T06:38:00.001-08:002018-02-15T07:00:56.780-08:00HK Express Expects Delay in Airbus A320neo Delivery<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Hong Kong Express Airways Limited stated that it expects at least a
six-month delay in deliveries of the new Airbus SE A320neo jets, due to its problems
with engines that was made by Pratt & Whitney, according to a source.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-9JAI_PPMae8/WoWYOVu6xqI/AAAAAAAABSw/exsS6FFMKU006BbdzFR3T9gN6vUC-wQMgCLcBGAs/s1600/HK%2BExpress%2BPlane.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="HK Express Plane" border="0" data-original-height="621" data-original-width="1000" src="https://2.bp.blogspot.com/-9JAI_PPMae8/WoWYOVu6xqI/AAAAAAAABSw/exsS6FFMKU006BbdzFR3T9gN6vUC-wQMgCLcBGAs/s1600/HK%2BExpress%2BPlane.jpg" title="HK Express Plane" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">HK Express is expecting a 6 months delay of deliveries of the new Airbus A320neo jets.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />HK Express, which owns five A320neo jets, has to ground one plane
until May due to a lack of spare engines after it made a mid-air turn back due
to engine issues last month, the source said.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Wednesday, the U.S. aviation regulator stated that Pratt &
Whitney engines posed a possible shutdown risk in a formal warning that
followed a similar action by European regulators last February 9.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the priority of Pratt & Whitney right now is to
obtain replacement engines for all the jets that are affected with the engine
failure, according to a report earlier citing a memo from the airline.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The memo says that it could take months to get replacements
engines, while the production of the new A320neos could be delayed for “six
months or more.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The representatives of HK Express were not available to give
comments about the matter.</span></span></div>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;">Airbus in Talks to Increase Production Rate<o:p></o:p></span></span></h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Airbus stated that it was in talks with suppliers to increase the
production rate of its best-selling single aisle jet.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-c7LX8alK1Y4/WoWZ-HpBnyI/AAAAAAAABS4/Nodoib63hpkFpyS-SDoL9Mmq3Q9HRJaXQCLcBGAs/s1600/Airbuss%2BLogo%2BOutside%2Bthe%2BBuilding.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Airbus Logo Outside a Building" border="0" data-original-height="667" data-original-width="1000" src="https://2.bp.blogspot.com/-c7LX8alK1Y4/WoWZ-HpBnyI/AAAAAAAABS4/Nodoib63hpkFpyS-SDoL9Mmq3Q9HRJaXQCLcBGAs/s1600/Airbuss%2BLogo%2BOutside%2Bthe%2BBuilding.jpg" title="Airbus Logo Outside a Building" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Airbus is in talk to increase the production rate of its single-aisle jets.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Tom Enders, chief executive of Airbus, is calling on engine makers
to deliver on their commitments after high-profile delays.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“If we look at the piled up demand and the backlog, we need to
progress on rate 70, which is underway right now. We are in advanced
discussions with our supply chain on feasibility and from when on it could be
done,” Enders said.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Enders also gave a comment about the issues with Pratt &
Whitney engines for the A320neo jets, which is also the same engine CFM, a
joint venture of Safran and GE, used for its plane.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“It is unfortunate, it isn’t pretty, it means additional work,
stress and strain,” Enders stated. “We will focus very much on customers,
together with Pratt & Whitney. We can do this.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The CEO also added that he had a “strong commitment” with the
leaders of GE and Safran. He said that they would do everything to fix the problems as
soon as possible.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i><br />
Trade12</i></a><i> is a community of brokers and investors serving the
quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-68057668576210571542018-02-14T06:27:00.000-08:002018-02-14T06:45:12.479-08:00Tesla’s Dream to Transfer in China Faces Threat<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The biggest electric automaker in the U.S., Tesla Inc., is in danger of being transferred to an expensive place in China because Elon Musk, CEO
of Tesla, can’t close a deal to open a factory in the country.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-O-D5ixbUVV4/WoRGflpvsRI/AAAAAAAABSg/pMRum_oHWQwWQuOHZdbDw4QhwYZVGo6FwCLcBGAs/s1600/General%2BView%2Bof%2Ba%2BCar%2BShow%2Bin%2BTurkey.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="General View of a Car Show in Turkey" border="0" data-original-height="667" data-original-width="1000" src="https://3.bp.blogspot.com/-O-D5ixbUVV4/WoRGflpvsRI/AAAAAAAABSg/pMRum_oHWQwWQuOHZdbDw4QhwYZVGo6FwCLcBGAs/s1600/General%2BView%2Bof%2Ba%2BCar%2BShow%2Bin%2BTurkey.jpg" title="General View of a Car Show in Turkey" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Tesla in danger to transfer in an expensive place in China.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Seven months after the automaker announced that it was working
with the government of Shanghai to explore assembling cars, a deal has not been
finalized since the two groups disagree on the ownership structure for a
proposed factory, stated the people with a direct knowledge of the situation.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The central government of China says that the factory must be a
joint venture with local partners, while Tesla wants to own the plant
completely, according to the people.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">As of now, all foreign carmakers must partner with Chinese companies
in order for them to manufacture in the country.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The sluggishness of the electric automaker in starting local
manufacturing means that it is fumbling a chance to capitalize on China’s hard
sell for new-energy automobiles, including EVs, plug-in hybrids, and fuel-cell
vehicles.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The administration of President Xi Jinping wants to scrub notorious
air pollution and lessen the dependence on imported oil.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“It’s a market they need to get a foothold in,” Jeffrey Osborne,
an analyst, stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">However, Tesla did not give any comment about its negotiations
with the Chinese government over local production. The Ministry of
Commerce, National Development and Reform Commission, and the Shanghai Economy
and Information Commission did not also give any comment about the matter.<o:p></o:p></span></span></div>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;">GM to Close One of its Plants in South Korea<o:p></o:p></span></span></h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In other news, General Motors announced that it would close one of
its four plants in South Korea and incur an $850 million damage charge as part
of a restricting of its money-losing business in Asia’s fourth-biggest economy.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to the U.S. automaker, it would decide the future of its
remaining South Korean operations amid ongoing discussions with the government
and labor unions on how to cut costs and make the business profitable.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Time is short and everyone must move with urgency,” stated Dan
Ammann, president of General Motors.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">This is the latest move the automaker has taken to put
profitability and innovation ahead of sales and volume.<o:p></o:p></span></span></div>
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i><br />
Trade12</i></a><i> is a community of brokers and investors serving the
quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span></span>Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-52663221655832872232018-02-13T05:51:00.000-08:002018-02-13T05:51:51.921-08:00Barnes & Noble Cuts Staff after Weak Holiday Sales<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Barnes and Noble Inc., the world’s largest bookseller, stated that
the company is cutting off staff after a weak holiday shopping season.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-W1G0vvyWllw/WoLrfX3JUBI/AAAAAAAABSQ/u0SVJd8jFb8Oeo-5Lx59d5_8o9l78KjDgCLcBGAs/s1600/Barnes%2B%2526%2BNoble%2BLogo%2BOutside%2Bthe%2BStore.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Barnes & Nobles Logo Outside the Store" border="0" data-original-height="667" data-original-width="1000" src="https://4.bp.blogspot.com/-W1G0vvyWllw/WoLrfX3JUBI/AAAAAAAABSQ/u0SVJd8jFb8Oeo-5Lx59d5_8o9l78KjDgCLcBGAs/s1600/Barnes%2B%2526%2BNoble%2BLogo%2BOutside%2Bthe%2BStore.jpg" title="Barnes & Nobles Logo Outside the Store" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Barnes & Noble will be cutting its staff due to the weak holiday season sale.</span> </td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />The cuts came after the bookstore stated last month that its sales
fell 6.4 percent during the crucial nine-week period last December, while the
online sales went down 4.5 percent.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to people, the news came abruptly to the employees who
showed up on Monday at various Barnes & Noble stores just to be notified
that they no longer have jobs. However, the bookseller did not give the number
of jobs cut.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“(Barnes & Noble) has been reviewing all aspects of the
business, including our labor model,” a spokesperson of the bookseller stated. “Given
our sales decline this holiday, we're adjusting staffing so that it meets the
needs of our existing business and our customers. As the business improves,
we'll adjust accordingly.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Barnes & Noble has faced pressure from both Wal-Mart and
Amazon, which have managed to steal a larger share of the book market. Meanwhile,
Wal-Mart is planning to make a massive push in selling e-readers and e-books on
its website later this year. Amazon, on the other hand, is opening up more of
its own bricks-and-mortar bookstores.</span></span></div>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;">B&N Names New Chief Merchandising Officer<o:p></o:p></span></span></h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Monday, Barnes and Noble announced Timothy Mantel as the new
Chief Merchandising Officer of the company. Mantel will report to the Chief
Executive Officer of Barnes & Noble, Demos Parneros.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">As the new CMO, Mantel will be responsible for driving sales and
profitability in all areas of merchandising within the company, including
Books, Toys & Games, Newsstand and Music, and Entertainment.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Mantel was the previous CMO of GNC Corporation, where he led a
$2.6 billion product portfolio and helped re-launch the company’s business
model.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“We are thrilled that Tim will be taking on the important role of
Chief Merchandising Officer for Barnes & Noble,” Parneros stated. “His deep
knowledge of retail and proven track record are exactly what we need to
invigorate our merchandising strategy and grow our business. He will be a great
addition to our management team.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is
a community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-55708834634855841822018-02-12T06:07:00.000-08:002018-02-12T06:07:40.969-08:00Singapore Exchange Decreases as India Futures Spat<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On early trading Monday, Singapore Exchange Ltd. stock went down
the most since November 2008 as investors responded to the move of National
Stock Exchange of India Ltd. to end its licensing agreement with the Lion City
bourse.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-u6SibsHaIFE/WoGemlzJB4I/AAAAAAAABSA/--gye7WsL_cof_gounxCXmwnvzJDduW2wCLcBGAs/s1600/SGX%2BLogo%2BOutside%2Bthe%2BBuilding.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="SGX Logo Outside the Building" border="0" data-original-height="667" data-original-width="1000" src="https://3.bp.blogspot.com/-u6SibsHaIFE/WoGemlzJB4I/AAAAAAAABSA/--gye7WsL_cof_gounxCXmwnvzJDduW2wCLcBGAs/s1600/SGX%2BLogo%2BOutside%2Bthe%2BBuilding.jpg" title="SGX Logo Outside the Building" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Stocks of Singapore Exchange Ltd. decreased on early trading.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Last Friday, NSE and other Indian markets stated that they would
end all licensing deals with their foreign counterparts, and stop offering live
prices to overseas venues. The steps would make it impossible for SGX to keep
offering derivatives based on India’s benchmark Nifty 50, among its flagship
products.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Singapore has turn into a center of offshore trading for many
markets. The significance move of India was highlight by several analyst notes published
after the announcement of India, with at least three banks cutting their rating
on the exchange operator’s stock. The shares of the company dropped as much as 8.8
percent in early trading, and saw the biggest decline on the benchmark Straits
Times Index.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“NSE’s decision could result in at least a 4 percent cut to SGX’s
total revenue,” Sharnie Wong, a senior industry analyst, stated. Nifty-related
products if SGX were accounted for about 10 percent of its total derivatives revenue
in the first half of its fiscal year, according to the analyst.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to the people familiar with the matter, the move of
India came after SGX launched its single-stock India futures on February 5.
Officials of NSE had sought a delay of those products.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Probably as individual stock futures were being introduced on
SGX, the Indian side became paranoid and hence this knee-jerk reaction,” a
senior managing director at Aquarius Investment Advisors Pte. in Singapore,
A.S. Thiyaga Rajan, stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The weekend’s developments will not impact the Indian single-stock
futures, which are not based on licensed market data from the Indian exchanges,
according to the letter Sue Lin Lim, DBS Group Research analyst, wrote.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the shares of SGX went down 7 percent, trading at
S$7.34.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Yesterday, SGX wanted to defuse the tension with India in a
statement. SGX said that it will work with NSE “toward solutions for global
investors,” and noted that the partnership of the two companies goes back to
2000 and that they had work together “to develop and internationalize India’s
capital markets.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">SGX also said that the move of NSE would not have a material
impact on its “immediate” financial results.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is
a community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-15141470549646991872018-02-09T05:39:00.000-08:002018-02-09T05:39:27.654-08:00Wal-Mart Pushes to Sell Online Goods at $10-And-Up<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Wal-Mart Inc. is planning to sell more stuff worth more than $10
on its website, as the world’s largest retailer is pushing to turn a profit in
its online business.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/--Cg-_-NrvEA/Wn2joi4OcLI/AAAAAAAABRw/1lmMMCAFGGIw6VhnFXzyO2ZEiEetcS8GQCLcBGAs/s1600/Walmart%2BLogo%2Bwith%2BYellow%2BLights.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Walmart Logo with Yellow Lights" border="0" data-original-height="667" data-original-width="1000" src="https://3.bp.blogspot.com/--Cg-_-NrvEA/Wn2joi4OcLI/AAAAAAAABRw/1lmMMCAFGGIw6VhnFXzyO2ZEiEetcS8GQCLcBGAs/s1600/Walmart%2BLogo%2Bwith%2BYellow%2BLights.jpg" title="Walmart Logo with Yellow Lights" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Walmart to sell online goods worth more than $10.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />According to reports, the push has left Wal-Mart leaning on its
vendors to supply it with more merchandise priced at or more than $10.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The new emphasis on more expensive goods at Walmart.com comes
after the company acquired Jet.com in 2016 and it is now investing billions of
dollars to make its online business more competitive.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The new focus at the retailer is on dry grocery products like
sauces, soaps, and general merchandise items like toys and home furnishings, the
sources said.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The increase is to account for the fact that selling digitally is
more expensive, since delivery is a banked-in part of the retailer’s costs.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last week, Wal-Mart held a meeting with its suppliers including Procter
& Gamble Co, Unilever PLC, Kimberly-Clark Corp, and Clorox Co.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Marc Lore, e-commerce chief of Wal-Mart, stated in the meeting
that the company wants to focus on merchandise priced at least $5, and
preferably more than that.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Wal-Mart has started to understand it cannot make money if they
offer the lowest prices online on every item and then spend $4 or $5 trying to
ship it over,” stated on of the supplier. “It is not sustainable and more
importantly their shareholders won’t allow it.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the move is a change in direction for the retailer,
which has been pushing its suppliers for ever-lower prices to make it easier to
drive down costs for both online and in-stores, according to reports. Nevertheless,
the retailer will continue to press for bargain-priced items to sell at its
4,700 stores.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“We are constantly looking for opportunities to expand our
assortment with new items, and want to ensure that the items we add to the
assortment are a great value but also make economic sense for the channel,” a
spokesperson of Wal-Mart stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i>Trade12</i></a><i> is
a community of brokers and investors serving the quality service to all present
and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-12654322876634543112018-02-08T06:03:00.000-08:002018-02-08T06:03:01.107-08:00Citigroup to Target Middle East in 2018<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Citigroup is expecting that 2018 would be its best year for
investment banking in the Middle East and Africa in at least a decade,
according to a senior executive at the U.S. bank.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-hM79Si7P8fs/WnxXwPN46gI/AAAAAAAABRg/6eQHk0sAqf0v2ITlkUSGZhKPsHJQeCG4QCLcBGAs/s1600/Citibank%2BLogo%2BOutside%2Bthe%2BBuilding.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Citibank Logo Outside the Building." border="0" data-original-height="668" data-original-width="1000" src="https://2.bp.blogspot.com/-hM79Si7P8fs/WnxXwPN46gI/AAAAAAAABRg/6eQHk0sAqf0v2ITlkUSGZhKPsHJQeCG4QCLcBGAs/s1600/Citibank%2BLogo%2BOutside%2Bthe%2BBuilding.jpg" title="Citibank Logo Outside the Building." /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Citibank is expecting 2018 would be the best year for the company.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Citigroup’s head of
investment banking, Miguel Azevedo, stated that Nigeria, Egypt, and the United
Arab Emirates would also be main growth drivers as bond sales, mergers, and
acquisitions and public share sales pick-up.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“The pipeline in the Middle East and Africa is as good as we have
seen since the global financial crisis of 2008,” Azevedo said in an interview, he
also added that emerging markets represented a larger weight of Citi’s earnings
than for others.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“GDP growth for advanced economies this year is between 2.5 and 3
percent, while for emerging markets it is between 4.5 and 5 percent. For
investment banking, the growth should maybe be even more,” stated Azevedo.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In Africa and Middle East, getting deals done would depend on the
stability of the market, but the swings in global stocks in recent days
represented a correction and were not “enough to put any of these transactions
off.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last month, the New York-based investment banking stated that it
had won a formal approval from Capital Market Authority in Saudi Arabia to
start an investment banking business in the state, enabling its return after 13
years of absence.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Some international lenders are looking to build a Saudi presence
as opportunities emerge from reforms to wean the economy off a reliance on oil
revenues. Those include privatizations such as the planned listing up to 5
percent of Saudi Aramco.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to some sources, Citi was invited to pitch for a role in
the stock market listing and the company has alredy hired Majed al-Hassoun, the
former Saudi Fransi Capital executive, to head its investment banking business
in Saudi.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“There is a very significant privatization push ... this could
create the opportunity for investors to deploy capital to develop the
industrial base and infrastructure,” said Azevedo.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">He also added that the bank is expecting significant opportunities
in Nigeria, which has low debt levels and was expected to return to the bond
markets this year, while companies in Nigeria were forecast to issue bonds and
launch initial public offerings.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In November, Nigeria issued a $3 billion two-part international
bond, a deal managed by both Citigroup and Standard Chartered.</span><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-26810372779891431192018-02-07T06:20:00.000-08:002018-02-07T06:20:28.236-08:00U.S. President Trump to Show Infrastructure Plan Next Week<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">U.S. President Donald Trump is planning to reveal next week the
details of his long-awaited plan to generate at least $1.5 trillion in
infrastructure improvements over 10 years, according to a White House official.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-XR-IO-BSG90/WnsKU0d4aJI/AAAAAAAABRQ/JXFhBBVdpSUCxRp_JQQc86atUhxdtxVswCLcBGAs/s1600/President%2BDonald%2BTrump%2Bwith%2Bthe%2BFlag%2Bof%2BUSA.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="President Donald Trump with the Flag of USA" border="0" data-original-height="667" data-original-width="1000" src="https://3.bp.blogspot.com/-XR-IO-BSG90/WnsKU0d4aJI/AAAAAAAABRQ/JXFhBBVdpSUCxRp_JQQc86atUhxdtxVswCLcBGAs/s1600/President%2BDonald%2BTrump%2Bwith%2Bthe%2BFlag%2Bof%2BUSA.jpg" title="President Donald Trump with the Flag of USA" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">President Trump to unveil his infrastructure plan next Monday.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />The official also said that President Trump will issue “infrastructure
principles, which will outline a plan” to increase infrastructure and call for
cutting regulatory burdens to speed approval for new projects.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last month, a report stated that the administration’s plan would
call for $200 billion in new federal funding, offset by unspecified spending
cuts, including $100 billion in cost sharing payments for state and local
projects and $50 billion dedicated for rural projects.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the remaining $50 billion will be split among “transformative”
projects like high-speed trains and funds for federal transportation lending
projects.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The White House is also planning to unveil its budget proposal
next week, said the official.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">D.J. Gribbin, a White House
official, confirmed last month that the administration would not look for new
revenue to pay for infrastructure, but rather seek to pay for it with spending
cuts.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last week, President Trump called on Congress to “to produce a
bill that generates at least $1.5 trillion for the new infrastructure
investment we need. Every federal dollar should be leveraged by partnering with
state and local governments and, where appropriate, tapping into private-sector
investment.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The plan is also aiming to update environmental reviews and make
it easier to create highways and other projects and allow for new tolling on
roadways and give states more flexibility to use toll revenue.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last month, a leaked document was released, which an
administration official confirmed was “largely accurate,” disclosed the plans
of the administration to lessen the federal cost sharing for projects for not
more than 20 percent of the costs from the traditional 80 percent share.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Democrats want the Trump administration to approve to significant
new spending to pay for infrastructure upgrades and have called the smaller
cost-sharing proposal a non-starter.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The top Democrat on the House Transportation and Infrastructure
Committee, Representative Peter DeFazio, stated that President Trump should not
call for “slashing real investments to states and local governments, pushing
the responsibility off federal balance sheets, cutting existing transportation
programs to pay for Wall Street and foreign investors to toll our roads.”</span><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-13935160658105458362018-02-06T06:22:00.000-08:002018-02-06T06:40:07.954-08:00CEO of Lululemon Athletica Inc. Resigns<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Laurent Potdevin, the CEO of Lululemon Athletica, is resigning
from the retailer, the Canada-based athletic apparel retailer announced on
Monday.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-HlrOM026iFs/Wnm39WW43eI/AAAAAAAABRA/FWaWpXVMUVY9Avr5jZZ2A2yFE27SOO1NACLcBGAs/s1600/Lululemon%2BAthletica%2BLogo%2BOutside%2Bits%2BStore.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Lululemon Logo Outside its Store" border="0" data-original-height="667" data-original-width="1000" src="https://2.bp.blogspot.com/-HlrOM026iFs/Wnm39WW43eI/AAAAAAAABRA/FWaWpXVMUVY9Avr5jZZ2A2yFE27SOO1NACLcBGAs/s1600/Lululemon%2BAthletica%2BLogo%2BOutside%2Bits%2BStore.jpg" title="Lululemon Logo Outside its Store" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Lulullemon CEO Laurent Potdevin exits the company.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />According to the company, Potdevin “fell short of … standards of
conduct” to respect employees and show integrity. Meanwhile, the board of
directors of Lululemon has started looking for a new global CEO. Potdevin will
also be removed from his position on the board.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“While this was a difficult and considered decision, the Board
thanks Laurent for his work in strengthening the company and positioning it for
the future,” stated Glenn Murphy, executive chairman of Lululemon’s board.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Culture is at the core of lululemon, and it is the responsibility
of leaders to set the right tone in our organization,” added Murphy. “Protecting
the organization's culture is one of the Board's most important duties.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The retailer declined to give further comments on why Potdevin had
been removed from the company so abruptly, having served there since January
2014. Prior to joining Lululemon, Potdevin was president of Toms Shoes and CEO
of Vermont-based Burton Snowboards.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the shares of Lululemon fell more than 3
percent after the market close on Monday.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The company has promoted three members of its management team,
Celeste Burgoyne, Stuart Haselden, and Sun Choe, to oversee more day-to-day
operations, marketing, e-commerce growth, product innovation, and supply chain
enhancements.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“We believe this trio of leaders will take lululemon from strength
to strength,” Murphy stated, as Lululemon looks for a new leader.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">While the underlying motive remains unclear, some people see the
departure of Potdevin as a “blow to Lululemon,” especially in today’s tumultuous
retail environment.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Although we see Executive Chairman Glenn Murphy as a capable pair
of hands in the short term, Lululemon needs a CEO to guide it as it expands
overseas and tries to make further gains in its home market,” Neil Saunders,
the Managing Director of GlobalData Retail, stated. “It is crucial that the
right person is selected, but it is equally [important] that the task is undertaken
with urgency so that Lululemon doesn't lose momentum.”</span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-20666685083056499712018-02-05T05:31:00.001-08:002018-02-05T06:44:21.672-08:00IATA Warns Airlines about Rising Crisis<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The increasing cost of airport infrastructure is creating risks to the
global airline industry’s profitability and growth, according to the head of
the International Air Transport Association (IATA), while adding that a crisis due to the inadequate infrastructure was brewing almost everywhere in the world.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-qv_VNFnxArw/WnhZsy2WX0I/AAAAAAAABQ0/d8uaCrFEIy82Q-gX0Zr4Q6LwBo5SrQJGgCLcBGAs/s1600/IATA%2BLogo.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="IATA Logo" border="0" data-original-height="663" data-original-width="1000" src="https://2.bp.blogspot.com/-qv_VNFnxArw/WnhZsy2WX0I/AAAAAAAABQ0/d8uaCrFEIy82Q-gX0Zr4Q6LwBo5SrQJGgCLcBGAs/s1600/IATA%2BLogo.jpg" title="IATA Logo" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">IATA warns other airlines about the rising crisis on infrastructure costs.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />“We are headed for a crisis... Infrastructure in general is not
being built fast enough to meet growing demand,” Alexandre de Juniac, CEO of IATA, said in a conference on
Monday ahead of the Singapore Airshow.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">He stated that the airport privatization is among the major
reasons driving cost increases. This is when the industry needs affordable infrastructure
to accommodate capacity increases.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Our members are very frustrated with the current state of
privatized airports. By all means invite private sector expertise to bring
commercial discipline and a customer service focus to airport management. But
our view is that the ownership is best left in public hands,” said de Juniac.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Alexandre de Juniac also mentioned the proposed 14 billion pounds or
$19.8 billion cost of a new runway at London’s Heathrow Airport and the development
of a fifth terminal at Singapore’s Changi Airport as cases where it was crucial
that expenses were kept under control.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“We must pay attention to these costs from the beginning,” added
de Juniac. “We would like to avoid big projects in which we see overruns
because the infrastructure is fantastic but it is very costly.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to de Juniac, Asia Pacific needs to make much faster improvement
to address bottlenecks, and that some big cities such as Jakarta, Bangkok, and
Manila are in desperate need of capacity developments.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, global airline profits are expected to increase to a
combined $38.4 billion this year, according to the forecasts of IATA. However, the net profit margins were at 4.7 percent.</span></span><br />
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On the other hand, Alexandre de Juniac stated that the bosses of airlines
are not yet complaining about the increase in the price of oil.</span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“There is a consensus this is an acceptable price,” de Juniac said
to the reporters on the sidelines of the Singapore Airshow Aviation Leadership
Summit. He also cited a range of $65 to $70 a barrel.</span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-5408862598536024682018-02-02T03:42:00.000-08:002018-02-02T05:37:19.355-08:00China Stocks Move Towards its Worst Week<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">China’s stocks are moving toward their worst week in over a year, as
a sell-off in small-caps rippled across the broader market amid a perfect storm
of events including an executive’s suicide, huge corporate losses, and a shadow-banking
squeeze.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-weoTl0OCJqo/WnRJ05d3PSI/AAAAAAAABQo/4BeXJgnF6fkAa8GIj6rcUEBnEov0uE_bQCLcBGAs/s1600/China%2527s%2BFlag%2BOver%2Ba%2BCharts%2Bwith%2BNumbers.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="China's Flag Over a Charts with Numbers" border="0" data-original-height="707" data-original-width="1000" src="https://3.bp.blogspot.com/-weoTl0OCJqo/WnRJ05d3PSI/AAAAAAAABQo/4BeXJgnF6fkAa8GIj6rcUEBnEov0uE_bQCLcBGAs/s1600/China%2527s%2BFlag%2BOver%2Ba%2BCharts%2Bwith%2BNumbers.jpg" title="China's Flag Over a Charts with Numbers" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">China stocks to head straight for their worst week.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />On Friday, over 40 companies suspended their trading to prevent
margin calls. While a growing number of firms announced their share purchase
schemes by shareholders, stirring memories of a wild sell-off two years ago, when
shares collapsed amid fears of an economic slowdown and capital outflows.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The benchmark Shanghai Composite Index regained early losses on
Friday to edge up 0.2 percent, but was still poised to post a weekly drop of
roughly 3 percent, its biggest percentage loss since December 2016.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the blue-chip index CSI300 has fallen 2.7 percent this
week.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The faith of investors in small caps has been shaken following a
wave of profit warnings and an eye-popping $1.8 billion annual loss flagged
this week by the struggling Leshi Internet, which was formerly seen as a
ChiNext bellwether.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The general manager of Shanghai Wisdom Investment Co. Ltd, David
Dai, stated that he no longer dares to buy small caps amid the increasing
signs of “bloodbath accounting,” where companies unexpectedly conduct a huge
write-offs during bad years to wash the books.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“There’s a real danger of stepping on the landmines, as companies
seem to be able to change their accounting treatment at will,” stated Dai.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Many growth companies nowadays cannot even outgrow bluechips such
as Moutai,” Dai added, referring to the Chinese premium liquor maker that forecasted a 58 percent profit surge last year.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">However, the combined profit of ChiNext companies went down 5.5
percent last year, compared with 7.8 percent growth at Chinese banks, according
to an estimate by GF Securities.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Dai also expressed his concerns over an upcoming wave of margin
calls if the prices of share decrease further, which could tighten liquidity
conditions even as regulators expand their campaign to lessen risks in the
financial system.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Highlighting the rippling effect, the death of Zhou Jiancan, the
Chairman of the Zhejiang Jindun Fans Co, this week triggered rumors of a failed
investment in Leishi, whose shares have been in a free-fall.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to the statement of the company on Thursday, the death
of Zhou was not related to the alleged Leshi investment.<o:p></o:p></span></span></div>
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span>
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">But the company has disclosed that most of all
Zhou’s holdings in the company, roughly 26 percent of total shares, are pledged
against loans, and that his son will be liable for dealing with margin calls if
they are triggered by further price drops.</span></span><br />
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span>
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span>Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-57357288604555107982018-01-30T02:03:00.000-08:002018-01-30T05:14:09.500-08:00Ford to Launch Bus Service in London<div class="MsoNormal">
<span style="background: white; line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Monday, London agreed to the plans of Ford to
operate its Chariot minibus services as the automaker expands its mobility
service designed to tap into growing demand in cities among those who wish to
make trips rather than buy cars.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="background: white; line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-dyt2Gxhktpg/WnBCTqombkI/AAAAAAAABQY/7ymtYfaX0homX2A8spH4OTysWGVxPkxWgCLcBGAs/s1600/Ford%2BLogo%2Bon%2BHood.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Ford Logo on a Hood of a Car" border="0" data-original-height="691" data-original-width="1000" src="https://4.bp.blogspot.com/-dyt2Gxhktpg/WnBCTqombkI/AAAAAAAABQY/7ymtYfaX0homX2A8spH4OTysWGVxPkxWgCLcBGAs/s1600/Ford%2BLogo%2Bon%2BHood.jpg" title="Ford Logo on a Hood of a Car" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Ford's Chariot Minibus to operate in London.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="background: white; line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Ford’s Chariot minibus will be able to run its
pre-bookable only services in the capital city of Britain for a year on three
routes and nine months on a fourth route on a trial basis.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The Dearborn-based automaker is trying to diversify into other
modes of transportation from vehicles sold to consumers as new competitors, from
Alphabet’s Google to Uber, stir the traditional automotive manufacturing.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, there are other major automakers who are experimenting
with their mobility services. They are also partnering with existing tech apps
or developing their own offerings such as car clubs as they seek to appeal to
younger citizens who have increasingly shunned vehicle ownership.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“This service has the potential to provide useful transport links
in the areas they will serve, largely outside central London, and we will
carefully monitor this trial,” a spokesperson at regulator </span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Transport for London
stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Ford is already operating its bus service in cities in the U.S. such
as San Francisco and Seattle, allowing passengers to book seats for journeys
generally between transport hubs, park, and ride facilities for the last mile
of a trip.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to the website of Transport for London, the proposed
routes of the firm in London include areas in the south of the River </span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Thames
which are not close to underground stations, including near the Battersea Power
Station redevelopment.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The automaker welcomed the approval of Transport for London and
stated that it would provide further details of the service soon.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Chariot’s commuter ride-share service will complement the
existing public transport system by offering in-app ride booking for first- and
last-mile commuting solutions, and the potential to reach </span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">underserved areas,”
stated the firm in a statement.</span></span></div>
<h2>
<span style="color: windowtext;"><span style="font-family: inherit; font-size: large;">Head of Ford in China Quits<o:p></o:p></span></span></h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Jason Luo, the head of Ford’s Chinese division, is resigning after
less than half-a-year on the job.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The officials of Ford announced that its CEO of Chinese operations
is resigning for personal reasons that they say are connected to the </span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">time before
he worked with the Dearborn-based carmaker.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The officials also added that the resignation is not related to
how well the company is doing in China, wherein the company sees a “robust”
future ahead.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">However, the move comes as the automaker and its joint ventures
report a 6 percent fall in sales compared to last year.</span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-30383882890869628072018-01-29T06:08:00.000-08:002018-01-30T06:27:30.992-08:00Apple to Beat its Own Record<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Apple Inc. is set to beat its own record for the most profitable
quarter in corporate history when the company will reports its earnings on
Thursday, with analysts predicting net income of at least $19 billion.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-7FmpXSpu5R8/Wm8mJZhy5GI/AAAAAAAABQI/h2xZPP1vl1wOav9u-MUYVJQ4K8AbcbgxACLcBGAs/s1600/Logo%2Bof%2BApple%2Bon%2Ba%2BBuilding.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Logo of Apple Outside the Building" border="0" data-original-height="667" data-original-width="1000" src="https://4.bp.blogspot.com/-7FmpXSpu5R8/Wm8mJZhy5GI/AAAAAAAABQI/h2xZPP1vl1wOav9u-MUYVJQ4K8AbcbgxACLcBGAs/s1600/Logo%2Bof%2BApple%2Bon%2Ba%2BBuilding.jpg" title="Logo of Apple Outside the Building" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Apple was expected to beat its own record for the most profitable quarter.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />Last year, the California-based company’s fiscal first quarter and
traditionally its biggest, it the first to include sales of its new iPhone X
and is expected to beat its previous quarterly record of $18 billion net income
in the year 2015.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The executives of Apple stated in November that they were
expecting its “biggest quarter ever” and a return to double-digit revenue
growth during the holiday season for the first time in years.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">This week, the U.S. corporate earnings season is in full swing, with other tech leaders such as Facebook, Alphabet, and Amazon expected to
report higher revenues and profits.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The strong tech sector earnings are likely to keep an analyst’s recent
bull run intact after equities had their best opening to a year since 1987,
buoyed by tax reform and a weaker dollar.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The S&P 500 tech sector has already increased nearly 9 percent
in January after surging 37 percent last year.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Apple's shares, on the other hand, hit a new all-time high above
$179 in mid-January, taking its market capitalization above $900 billion, but
have since ebbed slightly to $171.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to Canalys, an analysts at Market Researcher, they estimated
that Apple shipped 29 million iPhone X’s in the quarter, making it the
top-selling smartphone in the run-up to Christmas. </span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Some analysts forecast that
the company sold 81 million iPhones in the quarter, driving total revenues up
to 11 percent to about $86 billion.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">With iPhones expected to make up more than two-thirds of Apple’s
total sales, some analysts are more optimistic about the result. Morgan
Stanley, a leading global financial services, forecasts that the revenues of
Apple will jump 18 percent to $92 billion, with a net income as high as $21
billion.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, an analyst, Neil Cybart, believes that the average
selling price of an iPhone could jump by more than $100 to a new record.<o:p></o:p></span></span></div>
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span>
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Apple saw stellar iPhone X sales” in the
quarter, Cybart stated, because the company was able to overcome concerns that
it was unable to manufacture enough devices to meet demand. “Apple’s supply
chain was able to ramp iPhone X production much faster than anyone expected,” added
Cybart.</span></span><br />
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span>
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span>Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-58006174396576417122018-01-26T04:28:00.001-08:002018-01-26T04:54:29.826-08:00Euro Increases as Dollar Rebound Weakens<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Friday, the euro increased more than half a percent higher as
comments by the senior U.S. officials this week advocated their support
for a weak dollar reverberated through currency markets.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-_ACbDYoL0T0/WmsclWahifI/AAAAAAAABPw/3Y-tlgMQwhcOE5Nf5-mESayCDxO-8oABwCLcBGAs/s1600/Euro%2527s%2BScattered.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Euro's Scattered" border="0" data-original-height="617" data-original-width="1000" src="https://1.bp.blogspot.com/-_ACbDYoL0T0/WmsclWahifI/AAAAAAAABPw/3Y-tlgMQwhcOE5Nf5-mESayCDxO-8oABwCLcBGAs/s1600/Euro%2527s%2BScattered.jpg" title="Euro's Scattered" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">The euro went up on Friday.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />U.S. President Donald Trump stated on Thursday that he wanted a “strong
dollar” opposed by the earlier comments of U.S. Treasury </span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Secretary Steven
Mnuchin, while some investors suspect a prolonged decline in the greenback.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“While President Trump has since said that he expects the dollar
to get 'stronger and stronger', it will be hard for Washington to put the 'weak
dollar' genie back in the bottle,” an FX strategist, Viraj Patel, stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In keeping with the rising theme of expecting more weakness in
dollar, UBS Wealth Management improved its six-month forecasts for the euro and
sterling to $1.28 and $1.45 respectively.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Yesterday, after U.S. President Trump stated that he wanted the
dollar to be strong, the dollar pared losses against major currencies.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">However, against a basket of six major currencies, the dollar last
traded at 88.87 on Friday, after hitting a three-year low of roughly around
88.43. The dollar index has fallen more than 3 percent so far in January.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Market participants are also worried that U.S. President Trump may
encourage more protectionist policies at a speech in Davos later in the day and
at a State of the Union speech next week, policies that may end up pushing the
dollar lower.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Against the euro, the dollar’s weakness was the most apparent,
with the single currency increase half a percent at $1.2465 and not far away
from a December 2014 high of $1.25 hit on Thursday.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">With Mario Draghi, the President of the European Central Bank,
declining to lean against the latest euro rally and instead signaling that
economic data pointed to “solid and broad” growth, some investors were
encouraged to push the currency higher.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The President of the European Central Bank also warned that the rise
in the euro was a source of hesitation and stated that the ECB might have to
review its strategy if the U.S. comments on the benefits of a weaker dollar will
lead to a change in monetary conditions.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Draghi's reluctance to offer any resistance to the euro means
that euro/dollar is only set to rise more in the coming months,” Manuel
Oliveri, an FX strategist, said.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the sterling went up 0.4 percent to $1.4191, but stayed
below its peak on Thursday of $1.4346, which was the highest level of pound
since the Brexit vote in June 2016.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Against the yen, the dollar held steady at 109.42 yen, staying
above a four-month low of 108.50 yen struck on Thursday.</span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-80016126520797828782018-01-25T05:24:00.000-08:002018-01-25T06:17:39.719-08:00Toys R Us Plans to Close 20% of its U.S. Stores<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Toys R Us Inc. is moving ahead with a plan of shutting roughly 20
percent of its U.S. stores, or 180 sites, and according to some analysts, this
is just the beginning.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-hkTMLWw9gp0/WmnZHD_3OUI/AAAAAAAABPg/rSscMt7rmSw7O1IILJAwIGUMi32H3kVgwCLcBGAs/s1600/Toys%2BR%2BUs%2BBuilding%2B%25281%2529.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Toys R U Building" border="0" data-original-height="621" data-original-width="1000" src="https://4.bp.blogspot.com/-hkTMLWw9gp0/WmnZHD_3OUI/AAAAAAAABPg/rSscMt7rmSw7O1IILJAwIGUMi32H3kVgwCLcBGAs/s1600/Toys%2BR%2BUs%2BBuilding%2B%25281%2529.jpg" title="Toys R U Building" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Toys R Us planning to close 20 percent of its stores in the U.S.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />“We see this as the first phase of a more robust real estate cleanup
effort at TRU,” Stephanie Wissink, an analyst, stated. “The move has been
anticipated, but the size of the closure and the timing was heavily debated.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last September, the company filed for Chapter 11 bankruptcy
protection, where the management laid out plans to open more stores but in a
smaller format. However, a weaker-than-expected holiday season prevented that strategy
from happening and the toy store increasingly risks lagging behind the likes of
Amazon, Target, and Wal-Mart as its sales decrease.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">As of today, Toys R Us operates around 880 stores, including
those under the brand of Babies R Us.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Some of these stores are leased back to a separate entity created
by the company known as Toys R Us Property Co., or Propco.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, a handful of the company’s locations are owned by real
estate investment trusts including Kimco, Brixmor, and DDR. </span></span><span style="font-family: inherit; font-size: large;">While a small
portion of stores are directly owned by the chain.</span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“The open question in the Toys case is what the impact will be on
the two Propco loans that will be impacted by such real estate rationalization,”
said Charlie O’Shea, a retail analyst.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to O’Shea, Toys R Us has borrowed money and secured
loans with its physical assets, many of its shops today are still tied up in
financing, which results in a somewhat conflicting situation as those shops go
dark.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">As for the rest of Toys R Us’ real estate not serving as
collateral, O’Shea stated the he expects more closures to come as leases are ended
and negotiations with property owners’ progress.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“There is no doubt that shuttering loss-making shops will allow
the company to save money and focus its efforts on other channels and
locations,” the managing director at GlobalData Retail, Neil Saunders, said in
a report.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Unless Toys R Us finds a way to become relevant to consumers, these
store closures will do very little to ensure the future viability of the
company,” Saunders added.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, Toys R Us announced that it is planning to invest more
heavily on its website, loyalty program, and Babies R Us registry offering.</span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-4366466100848502922018-01-23T03:00:00.000-08:002018-01-23T05:37:04.699-08:00Jaguar to Cut its Output Due to Brexit<div class="MsoNormal">
<span style="background: white; line-height: 115%;"><span style="font-family: inherit; font-size: large;">Britain’s largest car manufacturer, Jaguar Land
Rover, will be cutting its production at the company’s Halewood plant, blaming its faltering sales after the Brexit vote and a tax crackdown on diesel automobiles.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-1XSyAbPfvTw/WmcTLaw-2uI/AAAAAAAABPQ/KqsMFWWnd7U3UCCnIyMi4q09RJLZQUGlwCLcBGAs/s1600/Jaguar%2BLand%2BRover%2BSignage.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Jaguar Land Rover Signage Outside" border="0" data-original-height="680" data-original-width="1000" src="https://4.bp.blogspot.com/-1XSyAbPfvTw/WmcTLaw-2uI/AAAAAAAABPQ/KqsMFWWnd7U3UCCnIyMi4q09RJLZQUGlwCLcBGAs/s1600/Jaguar%2BLand%2BRover%2BSignage.jpg" title="Jaguar Land Rover Signage Outside" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">JLR will be cutting its output at its Halewood plant.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />In 2017, the sales in Britain and Europe were flat and the firm
stated that it expects hard conditions to continue, according to the sales
director of the company.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In a statement, Jaguar Land Rover stated that it was planning
production cuts at its Halewood plant, in Liverpool, which builds Range Rover
models and employs 6,000 people.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The automaker also added that the cuts would take place in the
second quarter of 2018.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Ongoing uncertainty surrounding Brexit is being felt by customers
at home and in Europe,” the company stated on Monday. “Concern around the
future of petrol and diesel engines – and general global economic and political
uncertainty – and it’s clear to see why the industry is seeing an impact on car
sales.”<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Following a review of planned volumes, we are planning to make some
temporary adjustments to the production schedule at Halewood in Q2,” added the
automaker.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Britain will raise the amount of vehicle excise duty paid by
almost everyone who are buying a new diesel car from April, which will likely
hit the Britain’s biggest car manufacturer, for whom diesel accounts for around
90 percent of sales.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last year, the new British car registrations across the sector
recorded their biggest fall since 2009, with an industry body accusing the
diesel tax and weakening consumer confidence in the wake of Britain’s vote to
leave the European Union.<o:p></o:p></span></span></div>
<h2>
2019 Jaguar XJ</h2>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Jaguar is planning to take on its battery-powered sedan rivals
with an upcoming electrified version of its XJ flagship, which will be revealed
late 2018 on the 50th anniversary of the car manufacturer.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to a report, the electric XJ will be available in 2019
and will compete with the Model S of Tesla and hybrid Porsche Panamera.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The EV technology in the approaching XJ will be largely borrowed
from the I-Pace crossover SUV that the Britain’s largest automaker will start
selling this March.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The I-Pace will use a 90-kilowatt-hour lithium-ion battery to
drive a 400-horsepower twin-motor system.</span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-76649074458246686472018-01-22T06:16:00.000-08:002018-01-22T06:27:13.532-08:00Wal-Mart to Sell Units in Brazil<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Wal-Mart Stores Inc. is in discussions with buyout firm Advent
International Corp. and other funds to sell major stake in its Brazilian
operations, according to the statement of the two people with direct knowledge about
the matter on Sunday.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://4.bp.blogspot.com/-txq7tglJbD8/WmXvtQgwCyI/AAAAAAAABPA/Ju8OKU_jbzAN9nGDeYC49D15uxXL4p2lwCLcBGAs/s1600/Walmart%2BSignage%2Bon%2Ba%2BBrick%2BWall.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Walmart signage on a brick wall." border="0" data-original-height="667" data-original-width="1000" src="https://4.bp.blogspot.com/-txq7tglJbD8/WmXvtQgwCyI/AAAAAAAABPA/Ju8OKU_jbzAN9nGDeYC49D15uxXL4p2lwCLcBGAs/s1600/Walmart%2BSignage%2Bon%2Ba%2BBrick%2BWall.jpg" title="Walmart signage on a brick wall." /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Wal-Mart on talks to sell its unit in Brazil.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />One of the sources said that Goldman Sachs & Co. is advising the
retail giant. However, other private equity firms that are looking into the
investment in the Brazilian unit are Acon Investments LLC and GP Investments
Ltd.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, officials of Wal-Mart in Brazil did not give any
comment. As well as Advent and GP.</span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Goldman and Acon did not instantly reply to requests
for comment.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The overseas business of Wal-Mart is not the growth driver it once
was as it has continued to grapple with an economic slowdown in Brazil and competition from discount retailers in the UK.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">In 2016, Doug McMillon, Chief Executive Officer of Wal-Mart, highlighted
to investors that he was planning to review its global operations. His comments
had generated speculation that the retail giant would look to restructure or
even pull out of markets where it has struggled.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Within the same year, Wal-Mart closed at least 10 percent of its
stores in Brazil and shed non-core businesses across Latin America. </span></span><span style="font-family: inherit; font-size: large;">It also
sold its e-commerce business in China to the Chinese e-commerce business,
JD.com.</span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to the local website of the company, Wal-Mart currently
operates 471 stores in Brazil. The retailer’s unit in Brazil has reported
revenues of almost 30 billion reais or $9.4 billion in 2016.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The retail giant has posted its operating losses in Brazil for
seven years in a row after an aggressive, decade-long expansion left it with
poor locations, inefficient operations, labor troubles, and uncompetitive prices.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The operations of Wal-Mart in Brazil did not improve over the last
two years, according to the people with knowledge about the deal.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Wal-Mart started sounding as if it was out of possible investors in
the unit several months ago, which led the business to seek out buyout firms,
according to the source.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">A report on Sunday stated that the private equity Advent was in
talks to acquire 50 percent of the Wal-Mart unit. However, the report did not say
how it got the information on the state of the talks.</span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: x-large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: x-large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-61945229040398742232018-01-19T05:04:00.001-08:002018-01-22T06:21:16.532-08:00Dollar Stumbles Close to Three-Year Low<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Friday, the U.S. dollar lodge near a three-year low against
a basket of currencies with fears over a possible shutdown of the U.S.
government adding to its underlying woes stemming from its eroding yield
advantage.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-sfXPbp5A-q0/WmHhdI8AlMI/AAAAAAAABOw/wdgj3DAxhDg6KQMBdWqxmNXAydaJeerBACLcBGAs/s1600/Stack%2Bof%2BDollars%2Bon%2BTop%2Bof%2BLaptop.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Stack of dollars on a laptop." border="0" data-original-height="750" data-original-width="1000" src="https://1.bp.blogspot.com/-sfXPbp5A-q0/WmHhdI8AlMI/AAAAAAAABOw/wdgj3DAxhDg6KQMBdWqxmNXAydaJeerBACLcBGAs/s1600/Stack%2Bof%2BDollars%2Bon%2BTop%2Bof%2BLaptop.jpg" title="Stack of dollars on a laptop." /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Dollar stumbles almost to the three-year low on Friday.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The dollar index rose at 90.518, after its fall of to as low as
90.104 on Thursday, a level that was last seen in December 2014. </span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The dollar
index has lost 1.8 percent so far in 2018.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Yesterday, the U.S. House of Representatives passed a bill to fund
the government operations through February 16 and to avoid the shutdowns of
agency this weekend, when the existing money expires. However, the Senate still
must approve the bill, where it faces an uncertain future.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“In December, lawmakers had to pass tax cuts so the process seemed
smooth. But this time the risk of a government shutdown seems higher, even
though it is not our main scenario,” Shinichiro Kadota, a senior Forex strategist,
stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, the euro increased at $1.2234, close to the three year
high of $1.2323 struck on Wednesday. The common currency could post a fifth
consecutive week of gains, having advanced 0.28 percent so far this week.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The dollar traded at 111.02 yen, with its rebound from the
fourth-month low of 110.19 on Wednesday, already fading despite increase in the
U.S. debt yields.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The 10-year U.S. Treasuries yield went up 2.627 percent, close to
its peak of 2.641 percent in December 2016.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last year, the dollar has fallen largely on expectations from central
banks. However, the Federal Reserve are looking forward to end their policy of ultra-low,
even negative, interest rates that they adopted to combat the 2008 global
financial crisis and the recession that followed.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“The U.S. is no longer the only country raising rates. The
market's focus is on how other countries are catching up with normalization in
monetary policy,” told Barclays’ Kadota.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Some investors think that the European Central Bank will end its bond purchase program later this year.</span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Another underlying factor behind the dollar’s weakness was the
global investors, including the sovereign wealth funds and central banks, for
diversifying their holdings by swapping more funds into other currencies.</span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Trade12</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;"> is a community of brokers and investors serving the quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" style="background-color: white; color: #e44332; outline: 0px; text-decoration-line: none; transition: all 0.3s ease;" target="_blank"><i style="outline: 0px; transition: all 0.3s ease;">Join our community</i></a><i style="background-color: white; color: #5e5e5e; outline: 0px; transition: all 0.3s ease;">. Trade12 awaits you!</i></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com0tag:blogger.com,1999:blog-6424090913912748277.post-25270608567249012792018-01-18T04:50:00.003-08:002018-01-18T05:01:00.937-08:00Google to Invest in Go-Jek<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The California-based search engine, Google, and China’s
Meituan-Dianping are set to invest in the Indonesian ride hailing company, Go-Jek,
which is the rival of Uber and Grab, according to sources, who declined to be
identified as they are not authorized to speak to the media.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://3.bp.blogspot.com/-3mqsDJLIxDw/WmCXzh96hHI/AAAAAAAABOg/EkfzLPI6SFM-ZbDLF30Usk5QFwrDpV6YgCLcBGAs/s1600/Go-Jek%2BLogo%2Bon%2Ba%2BMotorcycle.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Go-Jek Logo on a Motorcycle" border="0" data-original-height="667" data-original-width="1000" src="https://3.bp.blogspot.com/-3mqsDJLIxDw/WmCXzh96hHI/AAAAAAAABOg/EkfzLPI6SFM-ZbDLF30Usk5QFwrDpV6YgCLcBGAs/s1600/Go-Jek%2BLogo%2Bon%2Ba%2BMotorcycle.jpg" title="Go-Jek Logo on a Motorcycle" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Google and other businesses will be investing in Go-Jek.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />The sources stated that the existing investors of Go-Jek, which are the global private equity firms KKR & Co LP and Warburg Pincus LLC, are
also participating in the funding round, which is raising a total of $1.2
billion.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The funding round was opened last year and it is expected to close
in just few weeks.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The funding by the prominent investors, including Google, provides
Go-Jek a greater firepower to tackle competition at home from its rival Grab
and Uber Technologies Inc., which are aiming the Southeast Asia’s most populous
country, Indonesia, as a large potential market.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“As a strategic investor, Google can add a lot to Go-Jek’s
business,” one of the sources stated.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">However, it is still not clear how much the investors will be
pumping in individually.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Google, Warburg, Temasek, and KKR declined to give any comments.
Meanwhile, Meituan-Dianping and Go-Jek did not immediately respond to the
requests for comments.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Go-Jek, which was founded in 2011, began as a ride-hailing app for
motorcycle taxis and the company operates mainly in Indonesia. However, the
company expanded to offer regular taxis, services, and shopping on demand. It
is also developing a food delivery business. The company’s mobile payment
business, Go-Pay, is also rising swiftly.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Both Uber and Grab also offer similar motorcycle taxis options in
some parts of Southeast Asia, while Grab has also ventured into the mobile
payment space.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to a report last year, JD.com Inc. was investing about
$100 million in the Indonesian ride hailing company. Then, it was followed by an
investment from Tencent Holdings Ltd, a Chinese social media and online
entertainment firm, which is also an investor in JD.com Inc.<o:p></o:p></span></span></div>
<br />
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><a href="http://trade12.com/" target="_blank"><i><br />
Trade12</i></a><i> is a community of brokers and investors serving the
quality service to all present and potential clients. </i><a href="https://www.trade12.com/accounts/forex-trading-account-registration/" target="_blank"><i>Join our community</i></a><i>. Trade12 awaits you!</i></span><span style="font-family: "calibri" , sans-serif; font-size: 11pt;"><o:p></o:p></span></span></div>
Trade12 Reviewshttp://www.blogger.com/profile/01039170431684035227noreply@blogger.com7tag:blogger.com,1999:blog-6424090913912748277.post-18168785153866919092018-01-17T04:12:00.001-08:002018-01-17T06:15:22.179-08:00Oil Prices Fall After 13 Percent Gain in the Past Month <div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">On Wednesday, the prices of oil gave away its earlier gains as
analysts warned of a descending correction after prices have increased more
than 13 percent over the past month.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://2.bp.blogspot.com/-w4qadKv1DxM/Wl87urN25kI/AAAAAAAABOQ/KV_HW_O1m8Ml8DQDxTTAFIcPEEjcwAs5ACLcBGAs/s1600/Oil%2BPump%2Band%2BTank.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img alt="Oil Pump and Tank" border="0" data-original-height="667" data-original-width="1000" src="https://2.bp.blogspot.com/-w4qadKv1DxM/Wl87urN25kI/AAAAAAAABOQ/KV_HW_O1m8Ml8DQDxTTAFIcPEEjcwAs5ACLcBGAs/s1600/Oil%2BPump%2Band%2BTank.jpg" title="Oil Pump and Tank" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit; font-size: small;">Prices of oil went down after 13 percent gain last month.</span></td></tr>
</tbody></table>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br />In spite of the decline, the larger portion of oil markets stayed well
supported on the back of tightening supply and sturdy global demand. The
tighter fundamentals lifted both crude futures benchmarks about 13 percent
above levels in early December, helped by production curbs by OPEC and Russia,
as well as by healthy demand growth.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Meanwhile, Brent crude futures were at $69.07 a barrel, a decrease
from a high of $69.37 earlier in the day and 18 cents down their last close.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Brent increased to $70.37 a barrel on Monday, its highest since
December 2014, which was the start of a three-year oil price slump.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">The crude futures of the U.S. West Texas Intermediate (WTI) were
at $63.68 a barrel, 5 cents below their last settlement.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Price correction should occur... As hedge fund expectations for
further rising prices have reached excessive levels,” stated Norbert Ruecker,
the head of commodity research at Swiss bank Julius Baer.<o:p></o:p></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">He stated that this was especially the case as political risk
factors that have helped lift Brent. This includes the tensions in Qatar, and the
Kurdish region of Iraq, and in Iran have so far not caused any significant
supply disruptions.<o:p></o:p></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">According to the U.S. Commodity Futures Trading Commission and the
International Exchange, money managers have elevated the bullish position in
Brent and WTI crude futures.<o:p></o:p></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">A commodity analyst, Wang Tao stated that Brent might drop to
around $68.50 a barrel due to technical chart indicators.<o:p></o:p></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Nevertheless, some traders and analysts said that the overall oil
markets are well-supported and steep price decreases are unlikely.<o:p></o:p></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Russia and the Organization of the Petroleum Exporting Countries
(OPEC) have continued to withhold production since January last year and the
cuts are set to last through this year.<o:p></o:p></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">“Oil remains underpinned by the solid economy with strong oil
demand tightening global oil inventories. The past years' surplus supplies are
slowly disappearing,” stated Ruecker.<o:p></o:p></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Last year, one factor that prevented crude prices from increasing
further was a surge in U.S. production.<o:p></o:p></span></span></div>
<br />
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;"><br /></span></span></div>
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<span style="line-height: 115%;"><span style="font-family: inherit; font-size: large;">Despite its latest fall due to the extreme cold weather, the crude
output of U.S. is expected to break through 10 million barrels per day soon,
which challenge the top producers Saudi Arabia and Russia.</span></span></div>
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<br /></div>
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