{"id":61968,"date":"2013-06-07T11:15:08","date_gmt":"2013-06-07T01:15:08","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/06\/07\/your-editor-on-twitter-140\/"},"modified":"2013-06-07T11:15:08","modified_gmt":"2013-06-07T01:15:08","slug":"your-editor-on-twitter-140","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/06\/07\/your-editor-on-twitter-140\/","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– Falling AUD has effectively lifted dividend support level for #BHP Billiton shares. 4% FY14 support level used to be around $31, now $33.50<\/p>\n

\n\t– Historic event gone largely unnoticed: last week marked the first time that US domestic crude #oil production surpassed imports since 1997<\/p>\n

\n\t– Wow! BA-ML calls today's “most important payroll release in years”. QE policy changes only triggered by either 250k or 90k jobs, cons 165k<\/p>\n

\n\t– Citi again reviews mining services providers. Sees largest downside risks for #LEI, #BLY, #MND, lowest risk for #DOW and #LLC #commodities<\/p>\n

\n\t– OK, so now US markets are "correcting", but where does this leave Australia since Oz #equities started first? Almost negative for the year<\/p>\n

\n\t– Believe it or not, but times they are a'changing (financial institutions and investors take note) http:\/\/goo.gl\/sa6i9<\/a> #investing<\/p>\n

\n\t– CBA states the obvious (but true): necessary transition to non-mining led growth is hesitant and slow. Higher confidence levels are needed<\/p>\n

\n\t– Nomura points out #ironore prices correct circa US$60 every calendar year. This year, so far, fall has been circa US$50. Support at US$110\/t<\/p>\n

\n\t– Fortescue (#FMG) shares up in a down market. Morgan Stanley has issued a Tactical Trading Idea predicting the shares will rise over 60 days<\/p>\n

\n\t– New leaders of "risk" are not #commodities, #miners, or #energy as US takes over from #China, it's cyclical industrials, incl banks 2\/2<\/p>\n

\n\t– UBS strategists report multiple indicators suggest investors globally are warming towards accepting more risks, however… 1\/2<\/p>\n

\n\t– UBS maintains Cochlear's (#COH) growth to remain below what most people are expecting. Stock to de-rate further in the years ahead, Sell<\/p>\n

\n\t– #China spot #ironore fell by 10.5% last week, but this week the mojo seems back: fines Fe62% up by US$4.70 to US$116.60\/t, gain of 4.20%<\/p>\n

\n\t– US traders burnt their fingers overnight as (too?) many had positioned for another positive Tuesday; winning streak 20 has ended #equities<\/p>\n

\n\t– CBA: multi-year uptrend for USD has begun. Stronger USD should lead to weaker USD-denominated #commodity prices in large part, but not fully<\/p>\n

\n\t– Deutsche Bank observes: #Commodities remain the worst performing asset class on a total returns basis since the end of last year #mining<\/p>\n

\n\t– ANZ Bank remains of the view that a lift in global economic momentum will emerge through the latter part of 2013, once again favouring risk<\/p>\n

\n\t– OK, the most obvious comment made in the history of Australian finance: it's going to become even uglier for poor Billabong (#BBG) #equities<\/p>\n

\n\t– BA-ML: both markets and Fed are too optimistic about the growth outlook. Both are understating likely persistence of unwanted low inflation<\/p>\n

\n\t– Remarkable: stockbroking analysts remain cautious on Cochlear's (#COH) immediate prospects with price targets cut to far below share price<\/p>\n

\n\t– Overnight price action: #metals and #energy rally on further QE speculation, gold jumps, even #ironore joined in: up US$1.50 to US$111.90\/t<\/p>\n

\n\t– According to FactSet, 81% of guidances from US companies has been negative, this is 88% for companies in Materials sector #equities<\/p>\n

\n\t– On Macquarie's calculations, AUDUSD at 0.90 would lift FY14 market EPS growth forecast to +16.1% from the current +10.5% #equities<\/p>\n

\n\t– JP Morgan cut Brent #oil price forecasts: to H2 average US$115.00\/bbl and for 2014 by minus US$5\/bbl to US$117.50\/bbl #energy<\/p>\n

\n\t– Truly remarkable: China has accounted for circa 60% of total global loan growth since 2009 and stunning three-quarters in 1Q13 #commodities<\/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\/61968"}],"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=61968"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61968\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=61968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=61968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=61968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}