Titoli di Stato paesi-emergenti VENEZUELA e Petroleos de Venezuela - Cap. 1
- Creatore Discussione troppidebiti
- Data di Inizio
- Stato
lotarone
Forumer attivo
maxinblack
Forumer storico
Ne mancano anche altre...
Il mio personale ragionamento, investendo in titoli rischiosi, e di metterci meno capitale possibile a parita' di rendimento, per questo ho scelto il 41
preso a 52 poco tempo fa.
tommy271
Forumer storico
Non ne ho idea ... è solamente un'analisi indipendente sui "Petroleos".
tommy271
Forumer storico
Giusto, ma anche un'occhiata alla legislazione di riferimento non è male ...
tommy271
Forumer storico
Un'occhiata ai "Petroleos", situazione piuttosto debole ... titoli illiquidi ... anche oggi segno meno:
Search | Market Overview | Börse Frankfurt (Frankfurt Stock Exchange)
Search | Market Overview | Börse Frankfurt (Frankfurt Stock Exchange)
tommy271
Forumer storico
Qui articolo e grafico sulla situazione in Venezuela:
Venezuela Denies Goldman's Gold Deal As Inflation Tops 54%
Venezuela Denies Goldman's Gold Deal As Inflation Tops 54%
tommy271
Forumer storico
Ho visto anch'io, debolezza accentuata ma nulla di che ...
qquebec
Super Moderator
Venezuela oil rut makes dollars even more scarce
Lost revenue is adding to concern over Venezuela’s creditworthiness. The slump in Venezuelan oil prices is depriving the nation of its main source of revenue and threatening bondholders already suffering the worst losses in emerging markets. Average prices of Venezuelan crude exports, responsible for 95% of the nation’s foreign currency earnings, fell to a 16-month low this month and ended last week at U$D 93.98 a barrel. Each U$D 1 dollar decline in a barrel of oil costs Venezuela about U$D 700 million per year. Venezuela’s debt securities have declined 7% this month as borrowing costs touched a 22-month high of 14.56%, according to JPMorgan Chase & Co. “With this reduction in oil income, the government won’t be able to maintain spending levels,” says Barclays Plc analyst Alejandro Grisanti. The difference between oil prices this year and last year has so far reduced income by $3 billion, Grisanti said. “Oil prices in the low $90s would leave Venezuela with a current account deficit,” says Ben Ramsey, an economist at JPMorgan Chase & Co. The New York-based bank cut its recommendation on Venezuela bonds to neutral from overweight in a report dated Nov. 12. The consequences of lower oil prices could include devaluation, spending cuts and tighter monetary policy, “raising risks of a social and political backlash,” according to Ramsey. The extra compensation that investors demand to own Venezuelan bonds instead of U.S. Treasuries has risen to 11.52 percentage points this month, the highest in emerging markets, according to JPMorgan. “Venezuela’s oil basket is declining primarily due to declines in heavy oil prices,” says Ruth Krivoy, an oil analyst from Sintesis Financiera, the consultant firm for GlobalSource Partners. TransCanada Corp.’s proposed Keystone XL pipeline may displace Venezuelan crude, pushing prices even lower, because the project would allow U.S. refineries to source more Canadian oil, says Roger Tissot, a consultant in British Columbia. NuStar Energy LP on Nov. 8 canceled a long-term agreement with PDVSA for 30,000 barrels a day of crude. “If the Canadians go ahead with the Keystone Pipeline to export heavy oil from Canada to the U.S. Gulf Coast, that would cut off that little window of opportunity that is left for Venezuela,”
Lost revenue is adding to concern over Venezuela’s creditworthiness. The slump in Venezuelan oil prices is depriving the nation of its main source of revenue and threatening bondholders already suffering the worst losses in emerging markets. Average prices of Venezuelan crude exports, responsible for 95% of the nation’s foreign currency earnings, fell to a 16-month low this month and ended last week at U$D 93.98 a barrel. Each U$D 1 dollar decline in a barrel of oil costs Venezuela about U$D 700 million per year. Venezuela’s debt securities have declined 7% this month as borrowing costs touched a 22-month high of 14.56%, according to JPMorgan Chase & Co. “With this reduction in oil income, the government won’t be able to maintain spending levels,” says Barclays Plc analyst Alejandro Grisanti. The difference between oil prices this year and last year has so far reduced income by $3 billion, Grisanti said. “Oil prices in the low $90s would leave Venezuela with a current account deficit,” says Ben Ramsey, an economist at JPMorgan Chase & Co. The New York-based bank cut its recommendation on Venezuela bonds to neutral from overweight in a report dated Nov. 12. The consequences of lower oil prices could include devaluation, spending cuts and tighter monetary policy, “raising risks of a social and political backlash,” according to Ramsey. The extra compensation that investors demand to own Venezuelan bonds instead of U.S. Treasuries has risen to 11.52 percentage points this month, the highest in emerging markets, according to JPMorgan. “Venezuela’s oil basket is declining primarily due to declines in heavy oil prices,” says Ruth Krivoy, an oil analyst from Sintesis Financiera, the consultant firm for GlobalSource Partners. TransCanada Corp.’s proposed Keystone XL pipeline may displace Venezuelan crude, pushing prices even lower, because the project would allow U.S. refineries to source more Canadian oil, says Roger Tissot, a consultant in British Columbia. NuStar Energy LP on Nov. 8 canceled a long-term agreement with PDVSA for 30,000 barrels a day of crude. “If the Canadians go ahead with the Keystone Pipeline to export heavy oil from Canada to the U.S. Gulf Coast, that would cut off that little window of opportunity that is left for Venezuela,”
- Stato