{"id":62155,"date":"2013-07-12T11:18:13","date_gmt":"2013-07-12T01:18:13","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/07\/12\/your-editor-on-twitter-145\/"},"modified":"2013-07-12T11:18:13","modified_gmt":"2013-07-12T01:18:13","slug":"your-editor-on-twitter-145","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/07\/12\/your-editor-on-twitter-145\/","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– BA-ML calls it "the big humiliation of the safe havens"; first #gold, then Apple, now bonds and Emerging Markets… #investing #equities<\/p>\n

\n\t– BA-ML: As Great Rotation goes mainstream stay aware H2 risks, least commented upon is unwillingness banks to increase lending, create jobs<\/p>\n

\n\t– UBS: "the now clear uptrend in the unemployment rate likely cements a 25bp rate cut by the RBA in August (as we have been expecting)"<\/p>\n

\n\t– Citi points out Oz full-time unemployment rate moved back to 6.1%, the highest rate since the GFC and on steady rise since start of 2013<\/p>\n

\n\t– Overnight: tin, nickel not joining Fed stimulus rally. #Gold has nice run. Crude oil prices down. #China #ironore up US$1.30 to US$125.20\/t<\/p>\n

\n\t– Communication from Deutsche Bank to clientele: "Fed minutes leave market confused, September tapering still likely" #Investing #tapering<\/p>\n

\n\t– Today's one of those days when investors\/traders better ignore closing prices on Wall Street. Mood is upbeat following Bernank's Q&A<\/p>\n

\n\t– Macquarie remains firm believer in #China property outlook. "One or two ghost towns are not sufficient to cause oversupply across China"<\/p>\n

\n\t– Citi (post yet another in-depth modeling exercise): no threat to dividends Oz #banks. Sustainability makes yields compelling. CBA safest<\/p>\n

\n\t– UBS updates #commodities with yet another series of cuts to price forecasts. Predicts Q3 weakness #ironore. Prefers PGMs, uranium & alumina<\/p>\n

\n\t– JP Morgan analysts conclude NBN in operation will put downward pressure on small & mid-tier #telcos. Underweight TPG Telecom and iiNet<\/p>\n

\n\t– ANZ Bank's #commodity trades for July: long WTI-Brent crude oil spread as WTI more supported and short #ironore<\/p>\n

\n\t– Quite amazing, if you think about it. Only 30% of Oz #equities are unambiguously in an uptrend. Bull market anyone? http:\/\/bit.ly\/12XjxPb<\/a><\/p>\n

\n\t– Morgan Stanley suggests (on Alumina #AWC): revisit in 15. It's going to be weak in the meantime. Losses for FY13, only marginal profit FY14<\/p>\n

\n\t– Macquarie Marquee Ideas. Additions include TAH, NNC, SAI, GPT, NUF. Removed CAB, OSH and PNA #equities<\/p>\n

\n\t– Macquarie on #China: Given existing weaknesses of current economy, we’d expect the negative impacts of tighter liquidity to be felt soon<\/p>\n

\n\t– Citi on #China: economy may test 7% GDP growth in the next 12 months if China starts de-leveraging and clamping down on shadow banking<\/p>\n

\n\t– Citi on #China: Investment slowdown and local government defaults major risks alongside possible de-leveraging. Adjustment only just begun<\/p>\n

\n\t– Citi on Alumina Ltd (#AWC): "even the falling A$ will not be enough to turn around profitability in the 2H unless prices rally, in our view"<\/p>\n

\n\t– #China import #Ironore Fines 62% continues rising. Overnight price up US$1.80, 1.48%, to US$123.70\/tonne<\/p>\n

\n\t– Quite amazing, daily volatility Oz #equities these past weeks. Goldmans reports volumes are on average down 33% from 6 month averages<\/p>\n

\n\t– CS labels Alcoa result "ugly" in regards to consequences for partner Alumina Ltd (AWC). Instantaneously puts valuation\/target Under Review<\/p>\n

\n\t– HSBC cut its GDP growth forecast for Asia ex-Japan from 7.2% to 6.1% for 2013 and from 7.2% to 6.5% in 2014 because of slowdown in China.<\/p>\n

\n\t– Ooops! (2) Citi strategists see upside global #equities 15- 20% by Mid-2014, but they are underweight #Australia as local economy struggles<\/p>\n

\n\t– Ooops! Citi says #China "cyclical upturn restrained by structural gravity". Cuts 2013-14 growth forecasts to 7.4% and 7.1%. No gvt stimulus<\/p>\n

\n\t– It's just daily volatility… #metals prices up (for a change), crude oil unchanged, #gold up and #ironore down by US70c to US$121.90\/tonne<\/p>\n

\n\t– Citi on European #equities: many are cheap, but also plenty of value traps around. Investors advised to stick with quality, avoid challenges<\/p>\n

\n\t– The band ZZ Top turned down $1,000,000.00 to shave their beards for a Gillette commercial.<\/p>\n

\n\t– #China spot #ironore continues to stand out in #commodities space: up by US60c on Friday to US$122.60\/tonne, gain of US$6.10 over the week<\/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\/62155"}],"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=62155"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/62155\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=62155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=62155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=62155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}