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Tuesday, April 2, 2013

Chile: IPoM – Life is Good, Why Change?

Chile: IPoM – Life is Good, Why Change?

Nader Nazmi - Market Economics
Latam Macro Snapshot | 02 Apr 2013 17:11 |

The Monetary Policy Report (IPoM) released today makes it clear that the central bank (BCCh) will remain on hold for the foreseeable future as it expects trend growth and on-target inflation. The base scenario is as good as it gets but the BCCh remains mindful of risks. Nothing lasts forever. The IPoM’s key conclusions are supportive of our view that BCCh will remain on hold this year.

Monday, April 1, 2013

Chile: All Reasons Lead to a Longer Pause

Chile: All Reasons Lead to a Longer Pause

Nader Nazmi - Market Economics
Latam Macro Snapshot | 01 Apr 2013 21:13 |

According to the minutes of the 14 March monetary policy meeting, there are good reasons to cut and there are good reasons to hike. But, on balance, all reasons lead to a longer pause.

How the US Oil, Gas Boom Could Shake Up Global Order

How the US Oil, Gas Boom Could Shake Up Global Order

Published: Monday, 1 Apr 2013 | 11:28 AM ET
By: Richard Engel and Robert Windrem, NBC News

Without fanfare, China passed the United States in December to become the world's leading importer of oil—the first time in nearly 40 years that the U.S. didn't own that dubious distinction. That same month, North Dakota, Ohio and Pennsylvania together produced 1.5 million barrels of oil a day—more than Iran exported.

http://www.cnbc.com/id/100606163

Chile – This week’s data would reflect soft activity in February. Focus will be on BCCh publications.

Chile – This week’s data would reflect soft activity in February. Focus will be on BCCh publications.

CHILE

Manufacturing output and retail sales growth decelerated in February, and the unemployment rate edged up two ticks to 6.2%. February data are providing partial evidence that the slowdown in activity from unsustainable levels that the central bank has been anticipating (and hoping for) may finally be happening. As such, they reduce the likelihood that monetary tightening will be required in the months ahead to cool the economy.

Sunday, March 31, 2013

Money, Italian Proverb


Money is money's brother.

- Italian Proverb

Market Statistics & Trends : 1st Quarter 2013

http://www.thespaceplace.net/market-trends/

Market Insight
Market Statistics & Trends : 1st Quarter 2013
Below is information about the trends in San Francisco Bay Area office space rents, leasing and vacancy rates.

San Francisco

Asking Rent

.Asking Rent
Direct Space / Full Service
Asking Rent
Sublet Space / Full Service
End 1Q2013$39.00$37.84
End 4Q2012$38.37$35.89
End 3Q2012$36.88$34.18
End 2Q2012$36.16$33.93
End 1Q2012$36.63$32.47
End 4Q2011$32.33$31.32
End 3Q2011$30.83$28.48
End 2Q2011$30.29$24.76
End 1Q2011$29.46$25.12
End 4Q2010$28.58$23.64
End 3Q2010$29.78$21.28

Saturday, March 30, 2013

Renshaw Bay to provide calm in credit storm

http://www.ft.com/cms/s/0/f500c4ca-9196-11e2-b839-00144feabdc0.html#ixzz2oulR8fcu

March 29, 2013 7:43 pm
Renshaw Bay to provide calm in credit storm
By David Oakley and Patrick Jenkins

When Bill Winters, the former number two at JPMorgan Chase, found himself a slick office for his new investment venture last year, there was a seedy downside. The site in an up-and-coming street in the heart of London’s West End overlooked a brothel. The view – now obscured by frosted glass – was a colourful change of vista compared with the bland City offices he overlooked at JPMorgan’s European headquarters.

Thursday, March 28, 2013

Jobless claims rise, but GDP data shows more growth

Jobless claims rise, but GDP data shows more growth

By Jason Lange
WASHINGTON | Thu Mar 28, 2013 12:43 pm EDT

(Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, but not enough to suggest the labor market recovery was taking a step back.

http://www.reuters.com/article/2013/03/28/us-usa-economy-jobless-idUSBRE92R0DN20130328