NY-JP,Stock Markets
December 5, 2011 Italy austerity programs boosted market optimism that US stocks advance on Monday. The Dow Jones industrial average rose 49.61, 12,069.03 points, or 0.41%; p 500 rose 8.22, report 1, 252.5, or 0.66%; NASDAQ rose 36.49 per cent to 2, 663.42, or 1.39%. Italy Prime Minister El austerity programme announced on December 4. The programme includes spending cuts, increased tax collection, modifying the pension system and promote growth in a number of measures, amounted to 30 billion euros. The news, Italy's 10-year government bond yields fall, during the Italy/Germany Government bond spreads hit lowest since November 1 of 423 basis points.
Before the EU Summit on Friday, investors on Monday Germany, Angela Merkel and France President Nicolas Sarkozy's optimism looking forward to the Paris talks. With investors hoping that eurozone leaders will be able to make a report on the implementation of closer fiscal Union, a programme of specific measures to address the debt crisis.
The ISM Non-Manufacturing Index fell from 53.0 in September to 52.9 in October.
http://roll.sohu.com/20111205/n327982613.shtml
December 2, 2011 U.S. Employment Growth Decent in November, Falls Short of Expectations
• The unemployment rate fell to 8.6% from 9.0% in October. Employment as reported in the household
survey rose 278K and the labor force contracted by 315K Read
December 1, 2011 ISM manufacturing index shows positive momentum in November. Read
China Economy,
December 1, 2011 this year, commercial banks ' reserve requirements in excess of, the Bank has been in a shortage of funds. Many small businesses seeking loans without doors, mired in "money shortage" dilemma. Central banks lowered deposit financial institutions renminbi deposit reserve rate 0.5%, experts say, will help to relieve tension of bank loans, credit for small enterprises shed light on.
Business pressures will ease
Since 2010, 12 times the Bank hiked reserve requirements, to a certain extent, increase the pressure on market liquidity. Recently, a growing number of bank deposit and loan ceiling than the approximation 75%, lending capacity is constrained. Read
November United States private sector added 20. 60,000 jobs,
Washington D.C., November 30, 2011 (reporter)-United States employment service companies for automatic data processing (ADP) report showed 30th November United States private sector jobs in its fastest pace since nearly a year, easing concerns about the job market.
Reports show that November United States private sector added 20. 60,000 jobs, not only much better than economists expected, is also the biggest increase since December last year. At the same time, reports October also revised upward the number of new jobs in the private sector to 130,000, up from 110,000 reported. Read
November 29, 2011 Consumer confidence in November 2011
• Consumer confidence rebounded strongly in November to 56.0 from 40.9 in October. The consensus
was for a smaller increase to 44.0.
• The expectations sub-index, a measure of consumers’ outlook for economic performance over the next 6 months, rose soundly to 67.8 from 50.0.
• The present situation sub-index, which reflects consumer sentiment over the current state of the
economy, rose to 38.3 from 27.1.
• Other details of the report were positive pretty well across the board. The percentage of households
expecting business conditions, employment, and income all rose in November.
European debt crisis a momentum spread from South to North.
November 27, 2011 Rating agencies make waves increased market worries, Italy on Friday in sales of short term government bond yields hit a record high. Spain government official said, the country is considering applying for international assistance. European debt crisis has "sprouted" situation.
European debt drama never lacks stars turn to Belgium.
It is worth noting is that only two days, hit back-to-back three major international rating agencies, to spread around Europe debt risk, rating agency's footprint across the European countries.Read
November 25, 2011 Italian 2-year government bond yields break 8%.
"Solutions of the European debt crisis did not happen overnight", "Rome wasn't built in a day", "trouble has been brewing for some time" sth Words like this, market participants had heard two-strange sounding cocoon. Officials of the euro-zone as well as global markets every time signals convey the efforts to tackle the crisis, then the facts are what?
No matter how much built Rome needed days, starts at least can pay market "will eventually be built" a clear signal. But the situation in the euro zone is that resolution on debt crisis remains a "future tense". In these days under the haze of the environment, about patience being taller and recession in the euro, but composed a song "Euro falls down is not a crime" of tragedy. Read
China Economy
November 23, 2011 Domestic investment logic fine textures of cosmetic industry leader, looking forward to reform accelerated growth: recently, Whirlpool Corporation Shanghai jahwa, Shanghai (Group) limited company 100% equity, which includes Shanghai jahwa United Company 120 million shares. Shanghai jahwa has six gods and HERBORIST, USA, Canada and net outstanding brand, is undoubtedly the leading domestic enterprises. Through good management, research and development system, strong marketing skills have the potential for long-term development, the foundation solid. If they integrate smoothly after reform, is expected to improve the company's management and incentive mechanism, and significantly enhance the company's long-term competitiveness. Read
November 22, 2011 United States Government releases third-quarter GDP revision of report showed that economic growth from a month ago down to 2.5% of. The latter is below the market average. Displays the details of the report, fall in growth related primarily to weaker inventory growth and robust consumer spending means economic output growth will accelerate this quarter.
According to Thomson Reuters survey, economists expected third-quarter GDP to grow by an average of 2.5%. The Commerce Department report showed that although 2% is a lower-than-expected figures, consumer spending remained strong, appears and business inventories fell for the first time since the second quarter of 2009, which will lay the foundations for stronger economic growth in the fourth quarter. Read
November 18, 2011 British Prime Minister David Cameron implied support modified EU Treaty
While Germany and the United Kingdom in the area of financial market regulation and financial tax differences, but it seems that Mr. Cameron will support Mrs. Merkel on amending the proposal of the EU Treaty.
According to Dow Jones Newswires reported on November 18, Germany and the United Kingdom in terms of new financial market regulation measures remains disputed, but completed after discussions in Berlin, United Kingdom Prime Minister David Cameron (David Cameron) seem to support Merck modified EU Treaty in order to achieve a closer collaboration in euro-zone budget proposals. Read
Jobless Claims in US
11/17/2011 United States Department of Labor released the first-time jobless claims dropped last week, the United States futures higher. Earlier France and Spain rising borrowing costs as a result of bad effects were offset.
the Dow Jones industrial average futures rose 22 points, and 11,867, or 0.19%, and NASDAQ 100 futures up 1.25 points at 2,315 points, or 0.05% the standard and poor's 500 index futures rose 1.7, 1232.7, or 0.14%. Read
11/16/2011--United States Department of Labor, according to data released, due to decline in prices of gasoline and other energy commodities, United States in October, headline inflation months rate unexpectedly decreased. United States in October after adjustment, energy, gasoline futures month rate of inflation recorded since five months (June 2011) fell for the first time.
According to the United States October quarter adjusted consumer price index (CPI) monthly rate unexpectedly dropped 0.1%, for the first decline since June 2011, it is expected that flat, the former value increased by 0.3%; October not quarter adjusted CPI annual increase less than expected, rising 3.5%, expecting an increase of 3.6%, the former value increased by 3.9%.
United States in October did not quarter adjusted CPI reading 226.421, the former value of 226.889.
Excluding food and energy core after inflation data showed that United States core CPI adjusted monthly by 0.1% in the October quarter, expecting an increase of 0.1%, the former value increased by 0.1%; October 2.1% adjustable core CPI annual increase in is not quarter, expecting an increase of 2.1%, the former value increased by 2%.
United States in October is not quarter adjusted core CPI reading 226.444, the former value of 226.289.
Breakdown
United States energy class October CPI monthly rate dropped 2%; class CPI months October gasoline fell 3.1%; October new vehicle type of CPI fell 0.3% per annum.
United States energy class October CPI, gasoline-type falling monthly rate of the CPI also set the first time since June 2011.
Real income
Published data also shows that United States in October, higher-than-expected increase in real income, the monthly rate increased by 0.3%, expecting an increase of 0.2%, the former value increased by 0.2%.
The United States is a good news for people and the Government. Falling inflation and increases in real incomes exceeded expectations, has the potential to stimulate the consumer desires a certain extent, help people.
At the same time, taken to stimulate the economy of the Federal Reserve more quantitative easing (QE) and more peace of mind, don't worry about more QE lead to "more dangerous than inflation Tiger".
http://forex.stockstar.com/IG2011111600005668.shtml
New in Hong Kong, November 15, 2011 (reporter Zeng j) CPPCC National Committee, Vice Chairman of all-China Federation of industry and Commerce Chairman Huang Mengfu, 15th in Hong Kong said the 65% of China's total foreign investment in Hong Kong and by Hong Kong to overseas investment, Hong Kong has become an important window of China's foreign investment.
The first annual meeting of China's overseas investment in Hong Kong, Huang Mengfu attended and delivered a speech.
He said that despite the debt crisis in Europe and the world's current economic uncertainty increases, but the general trend of economic globalization will not change, Chinese enterprise internationalization trend is irreversible. As the world economy gradually recovers, transfer of the international division of labor and industry in the broader, more massive and at a higher level, capital in the world-wide allocation of resources, capital, technology, human resources, transnational flows of the standard elements, such as depth, speed up, trade and investment related services will be further enhanced, thus creating more opportunities for international trade and international investment. At the same time, many asset prices decline in nearly two years for transnational mergers and acquisitions to provide a more favorable adjustment, the use of both international and domestic markets and resources, is a major strategy in China's economic development.
He said that as an important form of participation in economic globalization, more and more Chinese companies take full advantage of international resources in the international market through transnational direct investment in international division of labor, continue to enhance international competitiveness. 2010 China foreign direct investment accounted for 5.2% of the global flow of that year, highest in the world's fifth-for the first time more than Japan and the United States and other traditional foreign investment powers. This year, China's accumulated non-financial foreign investment of USD 40.75 billion, an increase of 12.5%. Private enterprises have become an important force in foreign investment.
Huang Mengfu said that Hong Kong as an important international financial center, an international shipping center and regional trading center, with close to irreplaceable favorable conditions in many countries and areas, and has an extensive business contacts around the world, has a large number of highly qualified professionals. To date, 65% of China's total foreign investment in Hong Kong and by Hong Kong to overseas investment, Hong Kong has become an important window of China's foreign investment.
Huang Mengfu said that in August this year, Vice Premier Li keqiang has announced the Central Government in Hong Kong supported the further development of Hong Kong, deepening the Mainland and the Hong Kong Economic and trade cooperation, and financial policies of the new initiatives, made in particular to promote the Mainland and Hong Kong enterprises to jointly go. Hong Kong has a financial, trade, investment, legal, accounting, consulting and other advantages, is accelerating the pace of the Mainland enterprises to go, cooperation between Mainland and Hong Kong is promising
http://www.hkcd.com.hk/content/2011-11/15/content_2844165.htm
SINA financial news on November 14, 2011 the evening news Bank of America said today that will be sold to private transactions of 10.4 billion shares of China Construction Bank (4.86,0.08,1.67%) shares, capital US $ 6.6 billion in question. After the deal was completed, CCB shares held by the Bank of America will fall to 1%. Bank of America the last reduction of the China Construction Bank was at the end of August, China had previously said, Bank of America will hold Bank of at least 5% shares for long-term investments.
In asset terms United States's second-biggest bank United States Bank announcement said today, has reached agreement with the investors, a private trading way of selling 10.4 billion shares of China Construction Bank (micro blogging) shares. This transaction can be cashed about $ 6.6 billion (about RMB 41.966 billion), is expected to bring $ 1.8 billion to Bank of America (about 11.445 billion Yuan) in after-tax profits, after the completion of CCB shares held by the Bank of America will fall to 1%.
The Bank of America sold BofA's main purpose is to strengthen the capital base to meet capital adequacy requirements of the Basel Committee on banking supervision. -Bank of America CFO Bruce Thomson said in a statement, it is expected that this transaction brings about $ 2.9 billion ($ 18.44 billion Yuan) of additional capital, tier one capital ratio increased by 0.24%.
Bank of America since June 2005 after a stake in China Construction Bank, holding the highest proportion had reached 19.14%. 08 after the financial crisis, Bank of America for supplementary capital began to adhere to the CCB, four times since 09 underweight China h-shares, Trojan is approximately US $ 19.4 billion (about RMB 123.355 billion). Most recent time it was the end of August for $ 8.3 billion (about 52.776 billion Yuan) sold the CCB 13.1 billion h-shares, buyers, including foreign exchange, social security funds, Temasek and Qatar sovereign wealth Fund.
China Construction Bank President Zhang Jianguo, China Construction Bank Governor had previously said at a performance, United States Bank long-term construction Bank will be held no less than 5% shares for long-term investment, and the two sides are continuing long-term strategic cooperation plans in consultation. However, after the reduction of Bank of America, held by the CCB would be reduced to 1%, seems to be contrary to long-term 5% bank shares held as a long term investment plans. Strategic cooperation, Bank of America said, and CCB strategy of assistance agreement is still valid.
http://finance.sina.com.cn/stock/s/20111115/003810813156.shtml
China NET, November 11, according to the China Securities Regulatory Commission news, the Securities Committee will be held next Wednesday (November 16) to audit the Xinhua life insurance application for the a-share IPO. Xinhua insurance prospectus disclosures show that Xinhua insurance offering total share capital of $ 2.6 billion, this time plans to issue a shares do not exceed 158.54 million shares accounted for 5% of A+H after the release of the total share capital.
At the same time, Xinhua insurance 358 million shares of h-shares will be issued, if the excess placements for a full exercise of the right to select h-shares, then the h-share issue of about 412 million shares, accounting for about 13% of A+H after the release of the total share capital. In accordance with this distribution plan, Xinhua insurance A+H issuing mode will become the first taken of the insurance company.
Market participants say, at the current valuation levels on three other insurers in the a-share market, Xinhua insurance size much smaller than previously expected, the small unit is equivalent to a size larger, and not for the a-share market funds constitute significant pressure. In addition, from Xinhua insurance Giants comparison of body weight and limited equity scale, with "horse car" trend, "merit small insurance stocks", after the listing is likely to be financial in hot pursuit. Therefore, the people from Xinhua insurance prospectus disclosure as "boots landing", arguing that this will greatly ease market concerns over the Xinhua insurance IPO huge amounts of financing, the current a-shares "small spring" market most likely driven by renewed and even stimulated the rally
http://finance.sina.com.cn/roll/20111111/214310801702.shtml
November 10, 2011 September trade deficit reduction significantly ahead of market expectations. According to Thomson Reuters survey, economists had expected the September trade deficit to us $ 45.6 billion by 1 month ago reduced slightly to us $ 45.4 billion.
Analysts noted that the initial value when the calculation of GDP in the third quarter of this year, the Ministry assumes that September trade deficit of US $ 47.5 billion. Therefore, the trade deficit fall will make correction of GDP growth rate in the third quarter in raising, partially offset by lower project, especially inventory figures released Wednesday negative impact on GDP. Some economists are still worried about European crisis might impact United States exports in the coming months.
In addition, in view of the current United States fiscal policies are still in the political stalemate, the weak monetary policy continued to climb, many economists think the Government should develop new trade policies to promote United States economic development. This morning, United States Department of Labor released another economic report, number of first-time applications for unemployment benefits fell by 10,000 last week, to 390,000. In addition, import prices in October fell 0.6% per cent higher than the market expected.
September report on international trade of certain details
September United States exports hit a record high, and link only slight growth of imports. September's exports increased 1.4% per cent, to $ 180.4 billion, an increase of significantly higher per cent in August. Import growth in September 0.3%, to $ 223.5 billion, whereas in August exports rose drop 0.2%. Since May this year to $ 226 billion since the United States imports remained stable.
September's exports of goods grew by 2.1%, merchandise export growth is a full range of, with gains led by industrial raw materials, including gold, chemical exports. In September exports of civilian aircraft exports contributed to the record, export of civilian aircraft rose 1.7%.
At the same time, imports amount rose 0.3%. Imports of consumer goods fell, which drop high toys, footwear and jewelry. Consumer goods imports fall surprised economists expected, previously they were expecting end of holiday-related merchandise from overseas arrived in United States, this should contribute to rising imports of consumer goods.
September oil trade deficit rose 1.4%, to $ 26.3 billion, but still below the recent peak of $ 30.6 billion hit in May this year. In September, United States of crude oil (97.28,1.54,1.61%) imports fell to $ 28.3 billion, down from $ 31 billion in August, largely with a barrel of crude oil import price from August 102.62 to $ $ about. In September, United States on China's trade deficit fell to $ 28.1 billion, down from August a record $ 29 billion
http://stock.hexun.com/2011-11-10/135103827.html
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