BP Holdings: Stocks Advance With Copper on China as Crude, Yen Drop

3 Sep


Stocks climbed around the world and copper rallied as manufacturing in China and Europe expanded and prospects of an imminent strike on Syria faded. The yen weakened, bonds declined and crude oil fell for a third day.

The MSCI All-Country World Index added 0.6 percent to 366.21, as Standard & Poor’s 500 Index (SPA) futures rose 1 percent. Copper jumped the most in three weeks and silver climbed 2.8 percent while West Texas Intermediate oil dropped 0.8 percent. The yen slipped against its 16 major peers. Brazil’s Ibovespa (IBOV) jumped the most in three weeks for the world’s biggest advance. Mexico’s peso strengthened from a one-year low.

China’s manufacturing index rose to a 16-month high in August, while other gauges showed euro-area factory output expanded at a faster pace than initially estimated in August and Spanish manufacturing gained for the first time since April 2011, according to data from Markit Economics. In the U.S., where markets are closed today, President Barack Obama delayed military action against Syria by seeking approval from Congress.

“The market seems to be taking a good deal of relief from the data pretty much across the board,” Christopher Palmer, who oversees about $2.5 billion as the London-based director of global emerging markets at Henderson Global Investors Ltd., said by phone. “It’s pretty encouraging after a disappointing August where you’ve had a buildup for a potential military action in Syria. Now that seems to have been pushed back a bit.”

European Stocks

MSCI’s All-Country gauge slipped 2.3 percent in August, the third decline in four months.

The Stoxx Europe 600 Index jumped 1.9 percent, the most in eight weeks, as a measure of commodity producers posted the biggest gain of 19 industry groups. Trading volumes were 25 percent less than the 100-day average, according to data compiled by Bloomberg. BHP Billiton Ltd. and Rio Tinto Group, the world’s two largest mining companies, climbed 2.3 percent and 4.2 percent respectively in London.

Spain’s IBEX 35 Index rallied 1.7 percent. The measure of manufacturing activity for the country climbed to 51.1 in August from 49.8 in July.

Vodafone Group Plc (VOD) added 3.4 percent to the highest level since 2001. Verizon Communications Inc. agreed to acquire Vodafone’s 45 percent stake in Verizon Wireless in a $130 billion transaction that has been approved by both companies’ boards and is expected to be completed in the first quarter of 2014, according to a statement today.

The MSCI Emerging Markets Index advanced 0.9 percent to a two-week high. Turkey’s benchmark equity gauge climbed 3.2 percent and the lira appreciated 0.8 percent amid the delay in U.S. action against neighboring Syria.

Brazil Rally

Brazil’s Ibovespa climbed 3.7 percent as steelmaker Cia. Siderurgica Nacional led commodity producers higher, jumping 5.3 percent. Iron-ore producer Vale SA, whose top export market is China, rose 3 percent to a one-week high. OGX Petroleo e Gas Participacoes SA, the oil company controlled by former billionaire Eike Batista, surged as much as 43 percent after posting a record plunge Aug. 30.

Brazil’s purchasing managers’ index for manufacturing rose to 49.4 in August from 48.5 in July, Markit Economics reported today. Figures below 50 indicate a contraction.

The Ibovespa trades at 12.7 times analysts’ earnings estimates for the next four quarters, compares with a valuation of 16.4 times for Mexico’s IPC Index and 14.3 for India’s S&P BSE Sensex Index.

Carlos Slim

Mexico’s peso strengthened as concern eased that a U.S. strike on Syria was imminent, supporting emerging-market assets. The currency added 0.3 percent to 13.3351 per dollar after falling Aug. 30 to 13.38, the weakest level since August 2012. The peso tumbled 3.2 percent last week, the biggest decline among major currencies tracked by Bloomberg.

Billionaire Carlos Slim’s Minera Frisco SAB dropped 1.4 percent. The country’s exchange canceled some erroneous trades that caused the shares to double in price Aug. 30, according to a bourse official with direct knowledge of the decision. They asked not to be identified because they weren’t authorized to speak on the matter.

The Hang Seng China Enterprises Index (HSCEI) of mainland Chinese companies listed in Hong Kong rose 2.3 percent, the most since Aug. 13. China’s official PMI came in at at 51.0, compared with the median estimate in a Bloomberg survey of 50.6. A separate manufacturing PMI released today by HSBC Holdings Plc and Markit Economics rose to 50.1 last month from 47.7 in July, the biggest gain in three years and the first reading above 50 since April.

India’s rupee dropped 0.5 percent versus the dollar while the Sensex gained 1.4 percent. The nation’s economy grew 4.4 percent in the three months to June from a year earlier, the weakest pace since 2009, the government reported Aug. 30.

Bond Yields

The won climbed 0.9 percent to the strongest level in three months after South Korea reported a trade surplus that was double what economists predicted.

The yen weakened 1.2 percent to 99.33 per dollar after touching 99.43, the weakest level since Aug. 2. The euro declined 0.2 percent to $1.3192.

U.K. 10-year gilt yields climbed eight basis points, or 0.08 percentage point, to 2.85 percent, the highest level since July 2011. The pound strengthened to its highest level versus the euro in two months as U.K. house-price growth quickened in August, adding to signs that the economy is recovering. Sterling appreciated 0.4 percent to 84.89 pence per euro after reaching 84.72 pence, the strongest level since June 26.

Germany’s 10-year bund yield increased four basis points to 1.90 percent and France’s yield added three basis points to 2.50 percent.gpo

Natural Gas

Copper snapped a three-day losing streak. WTI fell as low as $104.21 a barrel and U.S. natural gas jumped as much as 3 percent to a five-week high of $3.689 per million British thermal units on speculation warmer weather will boost demand for electricity to power air conditioners.

Commodities outperformed stocks and bonds last month. The S&P GSCI gauge of 24 raw materials rose 3.4 percent in August as U.S. crude reached a two-year high and gold rallied close to a bull market. The MSCI All-Country World Index of equities declined 2 percent including dividends and the BofA Merrill Lynch Global Broad Market Index of debt fell 0.352 percent.


BP Holdings Madrid Warning News – Oil Spill

2 Jul

BP Report Says Gulf Oil Spill Was Only Half As Big As Government Claims

How much oil spilled from of BP ‘s blown out Macondo well in 2010? The government has estimated that the total came to 4.9 million barrels. But a report authored by a British engineer hired by BP has found that the total volume is more like 3.3 million. When taking into account the 800,000 barrels that BP managed to capture just as it gushed out, the government figures 4.1 million barrels actually escaped into the Gulf of Mexico. BP’s hired engineer calculated just 2.46 million barrels.


The figures come from a 209-page report by London petroleum engineer Martin J. Blunt, a professor at Imperial College in London. This is believed to be the first time that BP’s internal flow rate estimates have been made public.


The tally of barrels will be a huge factor in just how many billions of dollars BP ultimately has to fork over to satisfy Clean Water Act penalties. In the worst case scenario, if a U.S. District Court judge finds that BP was grossly negligent in causing the spill and uses the government’s spill figures, BP could be out as much as $17.6 billion. Blount’s figures would reduce that hit almost by half.



Bp Holdings Article Review : Hong Kong retail sales surge 10pc in January

5 Mar


January sales increase comes without usual Lunar New Year sales boost


Hong Kong’s total retail sales recorded a 10.5 per cent year-on-year increase to HK$47.7 billion in January, the government said on Monday.

This came despite a difference in timing of the Lunar New Year this year and last year.

The festive season, which traditionally sees vibrant business, fell in January last year, but in February this year. This means January’s increase came without the usual Lunar New Year sales boost.

After netting out the effect of price changes over the period, the increase in retail sales was 10.4 per cent.

In volume, miscellaneous sales of consumer durable goods – such as computers, musical instruments and medical goods – posted the largest increase, surging by 212.6 per cent.




BP HOLDINGS – Eurozone crisis als het gebeurd: Franse economie verslechtert als Duitsland bevoegdheden vooruit

23 Feb


8.05am GMT

Good morning and welcome back to our rolling coverage of the eurozone crisis and other global economic events.

The state of the French economy will be in focus this morning, witheurozone PMIs set to show a widening gulf between France and Germany.

UK chancellor George Osborne will also be in the spotlight when thepublic sector borrowing figures are released. These could offer some relief after the miserable 4G auction proceeds, as January is traditionally a strong month for tax receipts.

Later in the day, we’ve got a Spanish 10-year bond auction, as Mariano Rajoy’s government continues to take advantage of lower rates. And there’s a key UK gilt auction, which could suffer from the news that Mervyn King voted for more QE at the Bank of England’s last meeting.

8.13 ben GMT vandaag aan de orde

Een snelle blik op de agenda van vandaag, voordat we een duik in het Frans PMI’s nemen.

Frankrijk PMI’s voor februari: 7: 58 am

Merkel richt de Bondsdag over de EU-begroting: 8 uur

Rajoy spreekt in staat van natie debat: 8 uur

Italiaanse verkiezingskandidaten persconferentie houden: 8: 10 am

Duitsland PMI’s voor februari: 8: 28 am

Eurozone PMI’s voor februari: 8: 58 am

UK publieke sector leningen voor januari: 9.30 uur

UK CBI trends voor februari: 11 am

Inflatie VS voor januari: 13.30 uur

Amerikaanse per jobless claims: 13.30 uur

Amerikaanse PMI’s voor februari: 1: 58 pm

In de markten voor schuldpapier, het Verenigd Koninkrijk is de verkoop van een £2 verhoogd van een 10-jarige gilt; terwijl Spanje is de verkoop van €3bn-€ 4bn van in 2015, 2019 en 2023 vervallende obligaties.



The latest survey – BP Beteiligungen Madrid Diskussion

24 Jan



BP Beteiligungen Madrid Spanien Blog

Gemeinsame Umfrage bestätigt erneut, dass Macondo Brunnen Secu sind


BP gab heute bekannt, dass es die Integrität der Macondo Brunnen und seine zugehörigen Erleichterung Brunnen nach eine aktuellen Umfrage der Unterwasser-, identifizieren mögliche Quellen von einem Oberfläche Glanz in der Nähe des Unfallortes Deepwater Horizon im Golf von Mexiko erneut bestätigt hat.

Die jüngste Umfrage zum vierte Mal markiert, da die Macondo gut dauerhaft im September 2010 besiegelt wurde, dass es wurde visuell auf dem Meeresgrund von fernbedienten Fahrzeuge (ROV) überprüft und bestätigt nicht undicht werden.

Bei einem von der Küstenwache genehmigten Plan bereitgestellt BP und Transocean ROV Anfang letzter Woche, um festzustellen, ob Restöl noch unter Trümmern auf dem Meeresgrund, die Flucht und der Glanz auf der Oberfläche des Wassers verursacht werden gefangen. Die Küstenwache hat gesagt, der Glanz ist nicht erstattungsfähig und stellt kein Risiko für die Küste.

Die vier-Tage-Umfrage wurde gemeinsam von BP und Transocean, Besitzer der Deepwater Horizon Bohranlage mit Küstenwache Aufsicht durchgeführt. Es wurde in Anwesenheit von Federal-Scene Coordinator (FOSC) für die Deepwater Horizon-Ölkatastrophe sowie Vertreter der inneren Abteilung Bureau of Safety und Umwelt Durchsetzung (BSEE) und Bureau of Ocean Energy Management (BOEM) und Zustand-Szene Koordinatoren aus Louisiana, Mississippi und Florida durchgeführt.




BP Holdings news press releases : Mercedes verzwakt als u wilt terugnemen van de premie kroon-Arto, bp bedrijven Zweden

21 Jan


bp holdings Sweden

Als de wereldwijde luxe auto verkoop wedstrijd begon, Mercedes-Benz verder gedaald met de rivalen BMW en Audi. Gebukt onder een niet-aaneengesloten strategie in China, de lethargisch uitbreiding van instapmodellen en een veroudering S-Klasse sedan, blijft de once-dominante luxe naamplaatje stevig op de derde plaats. De genoemde auto verkoop wedstrijd sleepte de Mercedes verkoop kloof met tweede geplaatste Audi die binnen een jaar meer dan verdubbeld.

Een analist, Christian Ludwig met Backhaus Lampe in Dusseldorf zei dat Mercedes van zelfgemaakte problemen zijn. En dus met dit, het zal moeilijk voor Mercedes te bereiken van de nummer 1 plek terwijl anderen niet upgraden slapen en houd op nemen aantal benaderingen te blijven op de top. Op de eerste negen maanden van 2012, Mercedes uitgebracht 964,900 auto’s en sport utility vehicles. De 5 procent winst niet gelijke tred houden met rivalen, wat betekent dat het vertraagde Audi door 132,600 voertuigen van van 53,900 een jaar geleden. De kloof No. 1 BMW groter 41 procent tot 145.000 voertuigen, volgens de gegevens van de autofabrikanten uitgebracht door BP bedrijven Blog. Mercedes heeft een achterstand zijn rivalen sinds de bovenste plek in het segment van luxe auto verloor hij van BMW in 2005. De Daimler-eenheid verkoop zal hebben geavanceerde 19 procent door middel van dit jaar, vergeleken met een sprong van 31 procent door BMW en een toename van 70 procent door Audi in de afgelopen zeven jaar, volgens IHS Automotive schat.

Het falen om gelijke tred houden wordt weerspiegeld in de voorraad. Daimler van 12 procent verhogen in de afgelopen 12 maanden 18 procent winst routes BMW en Audi Volkswagen 44 procent stijging bovenliggende. Daimler trades op 7,5 keer winstverwachtingen versus 8 keer voor BMW. BP bedrijven Blog vermeld in de release, Zetsche is op zoek naar de trend ombuigen door toe te voegen minder-dure compacte modellen, met inbegrip van een vier-deurs coupe en een sport-utility vehicle, om jongere kopers te trekken en door het uitbreiden van de waaier van varianten van het vlaggenschip van de S-klasse, die in het laatste jaar van de huidige generatie.