Dividendo do BCP escala no “ranking” dos mais atrativos da banca europeia

[paubo]

Dados EUA:

ISM Manuf: 55.5 esp:54.5
ISM Prices Paid: 57.5 esp:55.0
Construction Spending MoM;: 0.1 esp:-0.5

[The Mechanic]

~


Euro-zone final July manufacturing PMI up at 56.7

The final reading of the Markit euro-zone manufacturing purchasing managers index for July rose to 56.7, up from 55.6 in June and topping the preliminary estimate of 56.5.

A reading of more than 50 indicates activity expanded, while a figure of less than 50 signals contraction. The figure was the highest in three months, but was driven in large part by a surge in German production, said Chris Williamson, chief economist at Markit.

"This is clearly a very uneven recovery and the national variations in manufacturing performance may well feed through to similar divergences in consumer spending via the labour market, which will worsen the imbalances" in the euro zone, he said

Banking giant HSBC Holdings PLC (UK:HSBA 672.60, +26.60, +4.12%) (HBC 51.08, -0.26, -0.51%) said Monday that its first-half net profit more than doubled to $6.76 billion from $3.35 billion a year earlier as loan impairments and other provisions fell to their lowest level since the start of the financial crisis

Um abraço ,

The Mechanic

[paubo]

Dados EUA:

Confiança Univ. Michigan:67.8 esp:67.0

[paubo]

Com as minhas desculpas ao Paubo, aqui vão eles:

completamente aceites.

Dados EUA:


Chicago PMI: 62.3 esp.56.0

[Zecatreca_1001]

TIMBEEEERRRR

LOLADA

[albrib]

Com as minhas desculpas ao Paubo, aqui vão eles:
United States
Gross Domestic Product Annualized (Q2) 2.4% 2.5% 2.7%


United States
Gross Domestic Purchases Price Index (Q2) 1.8% 1.1%


United States
Real Personal Consumption Expenditures (QoQ) (Q2) 1% 1%


TIMBEEEERRRR

[Seaman]

Penso que esses resultados são excelentes para os Bulls pois todos os Bears sempre referem os números do desemprego nos USA

[paubo]

Dados EUA


Initial Jobless Claims 457k esp 460k
Continuing Claims 4565k esp 4500k

[Seaman]

Dados Alemanha:

Unemployment Change -20K esp -20k)
Unemployment Rate 7.6% esp 7.6% ant7.7%

Cá estão os resultados:

Europe Economic Confidence Improves, German Unemployment Drops

Share Business ExchangeTwitterFacebook| Email | Print | A A A
By Simone Meier

July 29 (Bloomberg) -- European confidence in the economic outlook rose to the highest in more than two years in July and German unemployment declined for a 13th straight month as an export-led recovery gathers strength.

An index of executive and consumer sentiment in the 16 euro nations rose to 101.3 from 99 in June, the European Commission in Brussels said today. That’s the highest since March 2008. The number of people out of work in Germany fell a seasonally adjusted 20,000 to 3.21 million, the Federal Labor Agency in Nuremberg said in a separate report. That’s the lowest since November 2008.

Europe’s economic prospects, dented by the Greece-led budget crisis, are improving as companies from German bank Deutsche Bank AG to French luxury-goods maker LVMH Moet Hennessy Louis Vouitton SA beat analysts’ earnings estimates. Growth in Europe’s services and manufacturing industries accelerated in July and Peter Loescher, chief executive officer of Siemens AG said today that he sees a “clear stabilization and a recovery of the global economy.”

“There’s a good chance that the economy will be able to maintain its growth momentum,” said David Kohl, deputy chief economist at Julius Baer Holding AG in Frankfurt. “I don’t see any major threats or headwinds at the moment.”

The euro extended gains against the dollar today, trading as high as $1.3078. The single currency has appreciated 7.3 percent versus the dollar over the past month.

Economists had forecast economic confidence to increase to 99.1 in July, according to the median of 26 estimates in a Bloomberg News survey. In Germany, the adjusted jobless rate fell to 7.6 percent from 7.7 percent.

Manufacturing Sentiment

The commission’s index is based on a survey of 130,000 managers and 40,000 consumers conducted in the month’s first two weeks. A gauge of confidence among consumers rose to minus 14 in July from minus 17 in June, the commission report showed. Manufacturing sentiment rose to minus 4 from minus 6, while confidence among services companies rose to 6 from 4.

The euro’s 9 percent drop against the dollar this year has helped boost export growth by making European goods more competitive abroad. Siemens, Europe’s largest engineering company, said today that quarterly income rose 40 percent.

Manufacturers’ capacity utilization rose to 77.4 percent in the third quarter from 75.5 percent in the previous three months, the commission said in today’s report. That’s the highest since the fourth quarter of 2008.

A gauge measuring euro-area manufacturers’ expectations in their export orders rose to minus 22 from minus 25 and an indicator of employment expectations also increased. A gauge of overall order books gained to minus 21 from minus 26.

‘Serious Pick-Up’

In Italy, business sentiment also increased in July, the Isae Institute in Rome said today. German business confidence unexpectedly surged to a three-year high this month and the number of French jobseekers declined in June.

French Finance Minister Christine Lagarde today told Bloomberg Television in an interview from Paris that she sees a “serious pick-up” in global growth next year led by faster- growing economies including China and India.

Still, exporters may struggle to maintain their sales growth as the global recovery shows signs of losing momentum. China’s economic expansion slowed in the second quarter and industrial production cooled more than economists forecast in June. In the U.S., the world’s largest economy, confidence among consumers dropped in July to the lowest level in a year.

Early Stages

“The U.S. is, I think, in the early stages of what is a very protracted sluggishness of domestic internal demand,” Stephen Roach, Morgan Stanley’s non-executive chairman for Asia, said in a Bloomberg Radio interview on July 19. “The dynamism that we’ve gotten hooked and accustomed to, is just not going to be” there.

While Europe’s economy has largely relied on reviving global export demand for growth, reviving consumer optimism means households may become more willing to spend. Deutsche Lufthansa AG, Europe’s second-biggest airline, said today that it tripled its quarterly operating profit, topping analysts’ estimates, on a recovery for travel.

Bernard Arnault, chief executive officer of LVMH, the world’s largest maker of luxury goods, said on July 27 he’s “fairly confident” about the second half after profit surged 53 percent in the year’s first six months. Deutsche Bank, Germany’s largest bank, on the same day reported second-quarter profit that beat analysts’ estimates.

Finance Chiefs

To shore up investor confidence in the resilience of the region’s financial system, European finance chiefs carried out bank stress tests. The Committee of European Banking Supervisors said on July 23 that only seven of 91 EU banks failed the tests and European Central Bank President Jean-Claude Trichet on July 26 called them “a very important transparency exercise.”

“The tests have for sure been enough to restore investor confidence,” ECB council member Miguel Angel Fernandez Ordonez said on July 26. “In Europe, we need to work more in other fields, not only in the field of financial institutions. We have to work more on the national level to reduce fiscal deficits.”

Governments from Spain to Ireland have already stepped up consolidation efforts to push down budget deficits. Greece, which triggered the crisis with the revelation that its deficit was more than four times the EU limit, has pledged to trim the shortfall to 8.1 percent of gross domestic product this year, from 13.6 percent last year.

Some executives remain skeptical about the strength of the economic recovery. Hans-Juergen Thaus, co-CEO of Krones AG, the world’s largest maker of bottling and packaging equipment, said on July 28 that “one cannot say that things are back to rosy” for the Neutraubling, Germany-based company.

“Too many uncertainties remain, such as growth in China, the stability of the euro, the development of financial markets and high government deficits,” Thaus said.

To contact the reporter on this story: Simone Meier in Zurich at smeier@bloomberg.net

Last Updated: July 29,

[/quote]

[Elias]

Vou tentar the Mechanic mas nao prometo. Sabes, tenho de comer 7 vezes ao dia

paubo, não tentes endrominar a malta.

Depois de ler aquilo que escreveste no tópico dos profissionais do Caldeirão, já todos sabemos que vais mas é pós copos

Por falar nisso, nao esqueci o fino que estas a dever por causa da intel Mas tambem pode ser um copo de rosé digamos que razoavel!

Já tás a abusar.

(mas eu compreendo, um gajo tem que fazer pela vida, lol)

[paubo]

Dados Alemanha:

Unemployment Change -20K esp -20k)
Unemployment Rate 7.6% esp 7.6% ant7.7%

[paubo]

Vou tentar the Mechanic mas nao prometo. Sabes, tenho de comer 7 vezes ao dia

paubo, não tentes endrominar a malta.

Depois de ler aquilo que escreveste no tópico dos profissionais do Caldeirão, já todos sabemos que vais mas é pós copos

Por falar nisso, nao esqueci o fino que estas a dever por causa da intel Mas tambem pode ser um copo de rosé digamos que razoavel!

[Elias]

Vou tentar the Mechanic mas nao prometo. Sabes, tenho de comer 7 vezes ao dia

paubo, não tentes endrominar a malta.

Depois de ler aquilo que escreveste no tópico dos profissionais do Caldeirão, já todos sabemos que vais mas é pós copos

[paubo]

Paubo ...isso de "tenho de ir almoçar" tem de acabar !!!

Um abraço ,

The Mechanic

Vou tentar the Mechanic mas nao prometo. Sabes, tenho de comer 7 vezes ao dia

Aqui vai as ultimas da FED

FED BEIGE BOOK SAYS ECONOMIC RECOVERY SLOWED IN SOME AREAS
FED MANUFACTURING EXPANDED, WHILE SOME DISTRICTS NOTED SLOWING
FED SAYS LABOR MARKETS `IMPROVED MODESTLY' ACROSS REGIONS
FED SAYS CREDIT CONDITIONS WERE `TIGHT' IN MOST DISTRICTS
FED SAYS COMMERCIAL REAL ESTATE MARKETS

[The Mechanic]

Durable Good Orders

New Orders
Anterior -1.1 %
Esperado 1.0 %
Intervalo 0.4 % to 4.0 %
Acrual -1.0 %


Paubo ...isso de "tenho de ir almoçar" tem de acabar !!!




Um abraço ,

The Mechanic

[paubo]

Dados EUA:


MBA Mortagage Applications -4.4% ant.7.6%

[paubo]

Dados EUA:


Consumer Confidence 50.4 esp.51

[Zecatreca_1001]

oh Elias
Vai ali á tasca ao lado (topico SP500).
Preciso dos teus serviços .

Gostava de ter uma opinião tua para o medio prazo.

Abraço

[Elias]

Hoje às 15h saem os dados referentes à confiança dos consumidores.


Consumer Confidence
Released on 7/27/2010 10:00:00 AM


Consensus 51.0
Consensus Range 46.0 to 54.0

Market Consensus Before Announcement
The Conference Board's consumer confidence index for June fell to 52.9 in a nearly 10 point decline the size of which usually corresponds with an economic shock. At the national level, the drop was mainly due to concern over the job market and income growth. At the regional level, there were indications that confidence also was pulled down by the ongoing psychological and economic damage from the Gulf oil spill. The June decline was led by severe weakness in the East South Central and the South Atlantic. More recently, the mid-July reading for Reuters/University of Michigan consumer sentiment dropped sharply from June.

Definition
The Conference Board compiles a survey of consumer attitudes on present economic conditions and expectations of future conditions. Five thousand consumers across the country are surveyed each month. While the level of consumer confidence is associated with consumer spending, the two do not move in tandem each and every month.

[cjmbarbosa]

Grande paubo.

Pontualidade britânica. Não falha. Tem-se de reconhecer os seus préstimos. Um grande obrigado.

[paubo]

Dados EUA:

New Home Sales: 330 esp310k
New Home Sales MoM: 23.6 esp3.3%

[albrib]

GLOBAL MARKETS WEEKAHEAD-Sweet Europe, sour America?

Sat Jul 24, 2010 8:58am EDT

By Jeremy Gaunt, European Investment Correspondent

LONDON July 24 (Reuters) - Investors are finding themselves with a new kind of balancing act -- one in which they have to juggle with three major regions posing three significantly different circumstances.

Europe's bank stress testing, the focus of much of the past week's market debate, may have some impact on Monday but may well pale into insignificance given the most recent numbers on the broader economy.

First there is the United States, which is believed to be facing another slowdown, if not a double-dip recession.

Then there is Europe, suffering a debt crisis and austerity-bound, yet suddenly surprising everyone with an unexpected burst of economic vigour.

Thirdly, comes Asia, growing away so merrily that investors are beginning to be concerned that too much zeal will be exercised in trying to slow things down.

On top of that there is the decoupling of economics and earnings -- keeping bond yields down and lifting stocks. The latest investment flow data from EPFR Global showed "yield hungry but skittish" investors flooding into bonds, but world stocks .MIWD00000PUS .TRXFLDGLPU are up more than 7 percent for the month.

"We are really in a much more difficult stage of the recovery right now," Michala Marcussen, head of global economics at Societe Generale, said at a briefing with Reuters journalists.

She described markets as struggling with a "rotating crisis" in which one problem in one region becomes the focus of concern, only to be quickly replaced by another in another region.

"That ping pong is likely to go on for some time," she said.

EUROPEAN TIGER?

Entering the new week, investors will first have to deal with any fallout from the stress tests of 91 European banks, which showed just seven failed, confirming fears the criteria used had been too soft.

Markets had been fairly calm about the tests, which, with Greece and other peripheral euro zone economies in mind, were designed to see how banks would fare in serious future crises.

The health check on 91 banks in 20 countries was widely criticised as being too soft. It was also overshadowed somewhat by a slew of data on European economies that suggested the banks may face less pressure and loan defaults than earlier thought.

That leaves investors to make up their own minds about particular banks, armed with the extra data the tests provided, including on sovereign bond holdings, to judge where further weak spots may be. [ID:nLDE66M1A2]

"With so few banks failing, investors will question whether the economic scenarios are sufficiently severe," said Jon Peace, analyst at Nomura in London.

"It will be natural for investors to consider the margin by which banks passed," he added, citing a good pass margin for Scandinavian and British banks, but Greek, Spanish and Italian banks faring less well.

European purchasing managers' indexes in the past week showed private sector business activity accelerating in July, surprising economists who had expected a slowdown.

They indicated third-quarter euro zone growth of around 0.6-0.7 percent, double the 0.3 percent forecast in the most recent Reuters poll.

This was followed up by German business sentiment posting a record jump in July to its highest level in three years.

Non-euro zone member Britain also surprised with its economy growing twice as fast as expected in the second quarter of this year propelled by a sharp pick-up in services and the biggest rise in construction in almost 50 years.

Investors being investors, of course, these robust numbers triggered some new concerns about monetary tightening -- hence the spike in the euro and pound against the dollar.

WEAKLING AMERICA?

The biggest piece of data likely to focus investors' attention in the coming week is U.S. second-quarter GDP, out on Friday.

The U.S. economy is clearly coming off the boil, if, indeed, it was boiling. After three quarters of solid growth it is showing signs of slowing with firms still reluctant to hire and the housing sector seemingly unable to exit a prolonged rut.

It was enough, during the past week to prompt promises from Federal Reserve Chairman Ben Bernanke for more action if there are further signs of faltering.

This would particularly be the case if jobs don't pick up.

"We are ready and will act if the economy does not continue to improve, if we don't see the kind of improvements in the labour market that we are hoping for and expecting," he told the House of Representatives Financial Services Committee.

This admission that all is not well has broad implications for investors even if other global drivers -- major emerging market economies, such as China, and now Europe -- are still on the upswing.

The question could turn out to be whether markets and other economies can thrive without the U.S. engine. History suggests not. (Additional reporting by Blaise Robinson; Editing by Patrick Graham)

http://www.reuters.com/article/idUSLDE66M0J420100724

[paubo]

CAJASUR FAILS STRESS TEST

[paubo]

FIVE SPANISH BANKS FAIL STRESS TESTS, ASSOCIATION SAYS: AFP

CEBS SAYS 7 BANKS HAD OVERALL SHORTFALL OF EU3.5 BLN OF TIER 1

[paubo]

DEXIA PASSES EUROPEAN STRESS TEST

ATE BANK SAYS EST. TIER 1 4.36%, ADDITIONAL SOV. SHOCK/ADVERSE

BANCA CIVICA FAILS STRESS TEST, CNBC SAYS

GREECE'S ATE BANK FAILS EUROPEAN UNION STRESS TEST

CEBS SAYS SEVEN BANKS FAILED EUROPEAN UNION STRESS-TESTS