{"id":61770,"date":"2013-05-03T11:32:11","date_gmt":"2013-05-03T01:32:11","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/05\/03\/your-editor-on-twitter-135\/"},"modified":"2013-05-03T11:32:11","modified_gmt":"2013-05-03T01:32:11","slug":"your-editor-on-twitter-135","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/05\/03\/your-editor-on-twitter-135\/","title":{"rendered":"Your Editor On Twitter"},"content":{"rendered":"

\n\tBy Rudi Filapek-Vandyck<\/span>, Editor FNArena<\/span><\/p>\n

\n\tI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently. Twitter allows me to follow news and commentary sources such as Dow Jones' Marketwatch<\/span>, Bloomberg News and the Wall Street Journal. It assists me in keeping up with what is happening across the globe, while I am observing and analysing<\/span> financial markets myself.<\/p>\n

\n\tWhile I am on Twitter, reading a quote here and a news flash there, I offer my own succinct insights and commentary. Those amongst you who have already discovered the virtues of a Twitter account can add my Tweets to their daily news via @filapek<\/span>.<\/p>\n

\n\tFor those who have no intention to join Twitter, but would like to stay up to date, below are my Tweets from the week past:<\/p>\n

\n\t– Had to happen… eventually… UBS has cut Telstra (#TLS) to Sell on valuation grounds. Target $4, "operating fundamentals remain robust"<\/p>\n

\n\t– NAB economists expecting a softer Oz #Retail Trade result for March, due 6 May. Based upon analysis of NAB's online retail sales survey<\/p>\n

\n\t– Interesting debate about Oz #Banks: do we accept their ongoing attraction on international comparison or reject "this time is different"?<\/p>\n

\n\t– Danske Bank: still expect #China to be in moderate recovery in coming quarters but it looks more fragile and weaker than previously expected<\/p>\n

\n\t– Since 2010 the #xjo has fallen each & every May with the average decline -5.82% #SellinMayandgoaway #ausbiz<\/p>\n

\n\t– ANZ concludes the obvious: it remains a fragile recovery in #China. New leaders are likely focusing more on structural issues inside economy<\/p>\n

\n\t– From the number cruncher's desk: Westpac (#WBC) to overtake BHP Billiton (#BHP) today as 2nd largest listing on ASX #equities<\/p>\n

\n\t– BA-ML optimistic on prospects for #mining stocks on recovering #China, thus raises year-end ASX200 index target to 5400 #equities 2\/2<\/p>\n

\n\t– BA-ML's mea culpa: The amount investors are willing to pay for low-growth yield stocks, particularly #banks, has surprised us #equities 1\/2<\/p>\n

\n\t– Goldmans has updated views + projections for next decade of Super Cycle. Does NOT see re-rating for beaten down PEs anytime soon #resources<\/p>\n

\n\t– Citi hasn't necessarily given up on all #gold equities, price forecasts lowered nevertheless, to US$1,555\/oz in 2013 and US$1,435\/oz in 2014<\/p>\n

\n\t– Experience of 2007 has taught us all: narrow group of rising stocks pushing the index is never a show of inner strength #equities<\/p>\n

\n\t– Observation: never seen this many sectors in the red, and so few in the green, while Oz equity indices are reaching for new 2013 highs<\/p>\n

\n\t– Market observation: stockbroking analysts remain highly skeptical about prospects special divs at BHP Billiton (#BHP) despite asset sales<\/p>\n

\n\t– Macquarie observes: resources still receiving downgrades to profit estimates, rest of Oz market pretty stable. FY13 estims might materialise<\/p>\n

\n\t– UBS now forecasts average #gold price US$1600\/oz this year and US$1625\/oz next. #Silver cut to US$29\/oz from $32.30\/oz for 2013<\/p>\n

\n\t– Uh Oh! CS analysts believe further oil onshore asset write-downs are likely for BHP Billiton (#BHP) as oil turns into new problem child<\/p>\n

\n\t– Deutsche Bank turns into #USD bull coming years. May transform crude #oil markets, pushing Brent towards US$85\/bbl, triggering OPEC response<\/p>\n

\n\t– Yet another downgrade to #commodities prices forecasts. Macquarie cuts met #coal, #zinc and #copper. Cu US$6,550\/t 2014, US$6,800\/t 2015<\/p>\n

\n\t– UBS suggests Recall demerger is near at Brambles (#BXB). This suggests a re-rating could be next #equities<\/p>\n

\n\t– Uh-Oh… 8th year in succession Suncorp (#SUN) will exceed insurance provisions, notes Citi, suggesting need for materially increase in FY14<\/p>\n

\n\t– Concludes Citi: Unless there are significant asset sales, #BHP and #RIO will not be in a position to increase shareholder returns until 2H14<\/p>\n

\n\t– Dennis Gartman stands in awe while watching #equities continuing their rise. Where else can money go? The trend is clear. Don't fight it<\/p>\n

\n\t– Dennis Gartman sees #gold's bounce simply as that: a bounce. Recent lows may well hold but they're poised to be put to a test again #invest<\/p>\n

\n\t– #Commodities markets on Friday resemble a sea of red. Even spot #ironore in #China (Fe62%) closed down US50c at US$134.10\/tonne<\/p>\n

\n\t– JP Morgan economists (already below consensus) say risks to global #growth are now to the downside. No Armageddon on the horizon, though<\/p>\n

\n\t
\n\tYou can add my regular Tweets on Twitter via @filapek<\/span><\/p>\n

\n\tFind out why FNArena<\/span> subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

This week’s Tweets on Twitter by Your Editor.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[48],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61770"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=61770"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61770\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=61770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=61770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=61770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}