Derivati USA: CME-CBOT-NYMEX-ICE BUND, TBOND and the middle of the guado (VM 69)

[Fleursdumal]

Le commodities agricole son tirate.. lo avevi già avidenziato nel grafico che avevi postato l'altro giorno sugli indici dell'economist, e l'inflazione agricola unità a quella energetica è la più devastante sulle fasce della popolazioni già maggiormente colpite dalla crisi.

Questo fa aumentare i rischi di tensioni sociali.

fossero solo quelle, avete letto sul dailytelegraph il caso del misterioso compratore di ben 2/3 di rame in future di tutto il magazzino del LME ?
non vi svelo chi è stato e perchè

 

[Fleursdumal]

più o meno sì
un picccccolo esaurimento nervoso, e un sovraccarico di lavoro che non mi permette di staccare
e sono in ipertensione ... azz ù megu ieri mi ha dato , first time in my life, un ansiolitico


lei mi sta diventando un drugat avucat

 

[Fleursdumal]

...in australia ha nevicato ...un pò fuori stagione

...sarebbe il caso di comprare un pò di zucchero ...se non fosse sui massimi

lo zucchero serve per metterlo nel caffè visto i grafozzi di quest'ultimo ?

 

[quicksilver]

più o meno sì
un picccccolo esaurimento nervoso, e un sovraccarico di lavoro che non mi permette di staccare
e sono in ipertensione ... azz ù megu ieri mi ha dato , first time in my life, un ansiolitico
in dosi pediatriche nn si capisce se sia perchè tutto sommato è solo per superare un picco da superlavoro o in ossequio alla mia altezza
e , dulcis in fundo, non riesco manco a fare vacanze


ma
ci vuole giorno moolto piovoso per annegare papera
torno, torno

anzi, torno presto
anzi, seguo il mercato poco e male ( ovviamente)
e conto di leggervi di più per riprendere il feeling

Cé, però fermati prima del baratro ...

ciao

 

[FreeWind69]

Le commodities agricole son tirate.. lo avevi già avidenziato nel grafico che avevi postato l'altro giorno sugli indici dell'economist, e l'inflazione agricola unità a quella energetica è la più devastante sulle fasce della popolazioni già maggiormente colpite dalla crisi.

Questo fa aumentare i rischi di tensioni sociali.

...già



...fantasticando vi racconto il mio film

...giù oil+heatingoil a seguire rifiato indici ...se mai avverrà ...su natgas sostenuto da meteo

...soia e corn giù ...carni già salite tanto
...weat avrebbe ritracciato poco ...potrebbe partire persino per chiudere il gap

...olio di soia lateral poco ribassista ...sostenuto da annata sud america non certa ...sostenuto da estate fresca per girasole europeo ...depresso da olio di pesce che dovrebbe essercene di più ...arachidi non so

...okkio alla firma

 

[gipa69]

fossero solo quelle, avete letto sul dailytelegraph il caso del misterioso compratore di ben 2/3 di rame in future di tutto il magazzino del LME ?
non vi svelo chi è stato e perchè

JPM... che prima si era fatto il 90% dell'argento...

 

[Fleursdumal]

JPM... che prima si era fatto il 90% dell'argento...

secondo queste due del WSJ non è sicuro sia JP


Trader Holds $3 Billion of Copper in London



By TATYANA SHUMSKY And CAROLYN CUI

Bloomberg News Copper soared to a new record of $4.2705 per pound on Tuesday in New York, and is up 28.3% this year. Here, the Cerro Verde copper mine in the Atacama desert near Arequipa, Peru.



As commodity prices soar to new records, the ability of a few traders to hold huge swaths of the world's stockpiles is coming under scrutiny.
The latest example is in the copper market, where a single trader has reported it owns 80%-90% of the copper sitting in London Metal Exchange warehouses, equal to about half of the world's exchange-registered copper stockpile and worth about $3 billion.
The report coincided with copper prices reaching record highs Tuesday. Commodities prices rallied along with stocks. The Dow Jones Industrial Average gained 55.03 points, or 0.5%, to 11533.16, its highest level since August 2008. Crude oil jumped to its highest level in more than two years and topped $90 a barrel in late electronic trading in New York. Corn and soybeans rose amid worries about hot weather in Argentina.


http://online.wsj.com/public/page/ProMarketingSellPage.html?mod=wsjpro_articlehook


Copper soared to a new record of $4.2705 per pound Tuesday in New York and is up more than 28% this year. The LME's three-month copper contract closed at $9,353.50 a metric ton, up 1.6% on the day, a new record.
On Wednesday, the December contract in New York was at $4.2610 in morning trade and the LME's three-month contract traded up 1% at $9,371.50.
J.P. Morgan Chase & Co. recently had a large position in copper, though it is unclear whether the U.S. bank increased its holdings or whether a new player has taken a dominant position.
"Regardless of who owns it, the only thing of note here is that we are being told that one person has a substantial position," says David Threlkeld, president of Resolved Inc., a metals consultancy.

Single traders also own large holdings of other metals. One trader holds as much as 90% of the exchange's aluminum stocks. In the nickel, zinc and aluminum alloy markets, single traders own between 50% and 80% of those metals, and one firm has 40%-50% of the LME's tin stockpiles.
While commodities exchanges scrutinize all holdings to ensure a single player isn't trying to corner the market, and many of the positions are owned by big firms on behalf of clients, the large holdings do result in a concentration of ownership that could skew prices.
At the same time, thousands of new investors are flooding into the commodities markets, either directly or through exchange-traded funds, seeking to take advantage of an expected rise in prices of raw materials as the global economy continues to recover.
While commodities regulators in the U.S. are considering restricting the amount of futures contracts any one trader can hold, they have no jurisdiction over physical holdings.


http://online.wsj.com/public/page/ProMarketingSellPage.html?mod=wsjpro_articlehook


The LME has strict rules to prevent market squeezes but doesn't limit how much metal a single trader may hold. Instead, the exchange demands the dominant holder make metal available for short-term periods at limited profit margins. The LME says it closely watches individual holdings.
Copper demand is likely to outstrip supply this year by an estimated 455,000 metric tons, Barclays Capital says. Copper inventories at the LME have been declining since February.
Consumption is growing rapidly in China, Brazil and the U.S. And the creation of ETFs to hold physical metal is helping drive demand. On Tuesday, ETF Securities, a London-based provider, said its newly announced copper-backed ETF has added about 850.5 tons of copper, up 43%, to reach 1,445.5 tons.
Last month, the LME reported that a single holder owned more than 50% of the exchange's copper. People familiar with the matter at the time said J.P. Morgan was the holder.
On Tuesday, the LME reported that a single holder now has as much as 90% of the stockpiles, without naming the firm. The LME reports data two days in arrears, so the position increased on Friday.
In the aluminum market, about 70% of the LME metal is locked up, MF Global base metals analyst Edward Meir said during LME Week in London in October.
LME aluminum stocks currently total about 4.3 million metric tons.
As one example, Swiss commodity trading firm Glencore International AG bought about 1.6 million tons of the metal from United Co. Rusal Ltd. earlier this year, market participants said at the time. Glencore then turned around and presold the metal. So even though the aluminum is sitting in LME warehouses, visible to all traders, it is effectively locked up.
These sorts of deals have skewed physical trading in these metals, as other consumers have paid higher premiums to get hold of stocks, even though the metal appeared available in warehouses.
Holding ready-for-delivery metals on an exchange isn't a cheap undertaking for traders, who are responsible for paying insurance, storage and financing costs. And "the end game is to find somebody to buy something you have already bought for a higher price," Mr. Threkeld says.
The recent boom in metal prices has enabled traders to purchase the physical metal, sell a futures contract at a much higher price and still make a profit after paying for storage and insurance.
—Andrea Hotter contributed to this article.

 

[Fleursdumal]

alla luce del fresco fresco daungreid del portogallo da parte dei ficciaroli , non si capisc ebene lo spike fatto dall'euruzz qualche minuto prima del lancio dell'agenzia , manovre prefestive

 

[f4f]

più o meno sì
un picccccolo esaurimento nervoso, e un sovraccarico di lavoro che non mi permette di staccare
e sono in ipertensione ... azz ù megu ieri mi ha dato , first time in my life, un ansiolitico


lei mi sta diventando un drugat avucat

finito adesso riunione iniziata alle 10.30 di oggi
nun mè dì gnente , quel hazzz di XANAX che prendo dice che dà assuefazione
oltre che, lo dico io prima che me lo diciate voi , crollo libido , perdita di memoria , rekkioneria e in casi rari morte immediata

mai dico mai leggere le avvertenze

 

[f4f]

Cé, però fermati prima del baratro ...

ciao

nein caro, nel burrone ci sono già
ma adesso sto risalendo