Anyone got a Ransquawk? I just had a call from a friend telling me that they squawked something about some oil fields being under rebel control. Can anyone clarify or shed more light on this matter / rumour?
CL Redux
- Thread starter schizo
- Start date
http://english.aljazeera.net/news/africa/2011/04/201146203751775276.html
I saw this news about 7-8 hours ago , at that time rebels got some control , they might have got more later
Libyan rebels regain ground near Brega
Rebels claim regaining new ground in port town as Gaddafi's forces cripple oil production in eastern Libya.
I saw this news about 7-8 hours ago , at that time rebels got some control , they might have got more later
Libyan rebels regain ground near Brega
Rebels claim regaining new ground in port town as Gaddafi's forces cripple oil production in eastern Libya.
Complete opposite of the last few days. Brent is heading down, CL desperately trying to break through highs. Spread has narrowed 1.60 in the last 2 days.
at 13.17GMT
CL is 25 points from its all time high, Brent is nearly 200 ticks from its all time high from yesterday
at 13.17GMT
CL is 25 points from its all time high, Brent is nearly 200 ticks from its all time high from yesterday
Thursday, April 7, 2011
8:30 AM ET. Apr 2 Unemployment Insurance Claims Report - Initial Claims
Weekly Jobless Claims (previous 388K)
Weekly Jobless Claims Net Change (previous -6K)
Cont Jobless Claims (prior week) (previous 3714000)
Cont Jobless Claims Net Chg (prior week) (previous -51K)
9:45 AM ET. Apr 3 Bloomberg Consumer Comfort Index (previous -46.9)
10:00 AM ET. Mar 26 DJ-BTMU U.S. Business Barometer
DJ-BTMU Business Barometer (previous -0.2%)
DJ-BTMU Business Barometer (52 Wk) (previous +2.7%)
10:30 AM ET. Apr 1 EIA Natural Gas Storage Report
Total Working Gas in Storage (previous 1624B)
Total Working Gas in Storage (Net Change) (previous +12B)
3:00 PM ET. Feb Consumer Credit
Monthly Net Change (previous +5B)
4:30 PM ET. Mar 28 Money Stock Measures
4:30 PM ET. Apr 6 Foreign Central Bank Holdings
Foreign US Debt Holdings (previous 3.4T)
US Foreign Agency Holdings (previous 766.87B)
Foreign Treasury Holdings (previous 2.64T)
4:30 PM ET. Apr 6 Federal Discount Window Borrowings
Primary Credit Borrowings (previous 27M)
Primary Credit Borrowings W/E Daily Avg. (previous 11M)
Discount Window Borrowings (previous 19.25B)
Discount Window Borrowings W/E Daily Avg. (previous 19.36B)
8:30 AM ET. Apr 2 Unemployment Insurance Claims Report - Initial Claims
Weekly Jobless Claims (previous 388K)
Weekly Jobless Claims Net Change (previous -6K)
Cont Jobless Claims (prior week) (previous 3714000)
Cont Jobless Claims Net Chg (prior week) (previous -51K)
9:45 AM ET. Apr 3 Bloomberg Consumer Comfort Index (previous -46.9)
10:00 AM ET. Mar 26 DJ-BTMU U.S. Business Barometer
DJ-BTMU Business Barometer (previous -0.2%)
DJ-BTMU Business Barometer (52 Wk) (previous +2.7%)
10:30 AM ET. Apr 1 EIA Natural Gas Storage Report
Total Working Gas in Storage (previous 1624B)
Total Working Gas in Storage (Net Change) (previous +12B)
3:00 PM ET. Feb Consumer Credit
Monthly Net Change (previous +5B)
4:30 PM ET. Mar 28 Money Stock Measures
4:30 PM ET. Apr 6 Foreign Central Bank Holdings
Foreign US Debt Holdings (previous 3.4T)
US Foreign Agency Holdings (previous 766.87B)
Foreign Treasury Holdings (previous 2.64T)
4:30 PM ET. Apr 6 Federal Discount Window Borrowings
Primary Credit Borrowings (previous 27M)
Primary Credit Borrowings W/E Daily Avg. (previous 11M)
Discount Window Borrowings (previous 19.25B)
Discount Window Borrowings W/E Daily Avg. (previous 19.36B)
http://www.marketwatch.com/story/bank-of-england-holds-fire-focus-on-ecb-2011-04-07?dist=beforebell
<b>April 7, 2011, 7:48 a.m. EDT
European Central Bank delivers rate hike
Widely-expected inflation-fighting move comes amid ongoing debt woes
</b>
LONDON (MarketWatch) â The European Central Bank, in a widely-anticipated move, delivered its first rate hike since 2008 on Thursday in a bid to prevent rising inflation pressures from becoming entrenched.
The Frankfurt-based ECB, which sets monetary policy for the 17-nation euro zone, raised its refi rate to 1.25% from 1%. ECB President Jean-Claude Trichetâs monthly news conference is scheduled to begin at 8:30 a.m. Eastern.
Portugal seeks a bailout
Portugal becomes the third nation to seek a financial bailout from the European Union.
The move also comes as European officials wrestle with an ongoing debt crisis that claimed its third victim Wednesday night, with Portugal following Greece and Ireland in requesting an emergency bailout after its borrowing costs soared to unsustainable levels. Read Markets take Portugal bailout in stride, eye Spain
Traders had anticipated a hike since Trichet last month said the rate-setting Governing Council would watch inflation developments with âstrong vigilance,â a term used previously to signal rate hikes.
Subsequent remarks by Trichet and other ECB officials underlined market expectations for a move.
Some economists say a rate hike may exacerbate the regionâs long-running sovereign-debt problems. While the euro-zone economy is growing amid an industrial boom in Germany and other core countries, nations on the periphery are struggling with austerity measures designed to bring down huge budget deficits.
Market interest rates have already moved higher in anticipation of a rate move, with this feeding through to borrowing costs, especially for those with Euribor-linked mortgages, said Simon Smith, economist at FxPro, in a note to clients.
Such rates are prevalent in the euro-zone periphery, where variable mortgages range from 85% of borrowing in Spain and Ireland to 99% of borrowing in Portugal, he said.
âThe issue for the ECB is that itâs tasked with setting policy for the euro zone as a whole, but the result of todayâs anticipated rate increase will be to worsen, rather than improve, the current fiscal and also economic crisis,â Smith said.
<b>April 7, 2011, 7:48 a.m. EDT
European Central Bank delivers rate hike
Widely-expected inflation-fighting move comes amid ongoing debt woes
</b>
LONDON (MarketWatch) â The European Central Bank, in a widely-anticipated move, delivered its first rate hike since 2008 on Thursday in a bid to prevent rising inflation pressures from becoming entrenched.
The Frankfurt-based ECB, which sets monetary policy for the 17-nation euro zone, raised its refi rate to 1.25% from 1%. ECB President Jean-Claude Trichetâs monthly news conference is scheduled to begin at 8:30 a.m. Eastern.
Portugal seeks a bailout
Portugal becomes the third nation to seek a financial bailout from the European Union.
The move also comes as European officials wrestle with an ongoing debt crisis that claimed its third victim Wednesday night, with Portugal following Greece and Ireland in requesting an emergency bailout after its borrowing costs soared to unsustainable levels. Read Markets take Portugal bailout in stride, eye Spain
Traders had anticipated a hike since Trichet last month said the rate-setting Governing Council would watch inflation developments with âstrong vigilance,â a term used previously to signal rate hikes.
Subsequent remarks by Trichet and other ECB officials underlined market expectations for a move.
Some economists say a rate hike may exacerbate the regionâs long-running sovereign-debt problems. While the euro-zone economy is growing amid an industrial boom in Germany and other core countries, nations on the periphery are struggling with austerity measures designed to bring down huge budget deficits.
Market interest rates have already moved higher in anticipation of a rate move, with this feeding through to borrowing costs, especially for those with Euribor-linked mortgages, said Simon Smith, economist at FxPro, in a note to clients.
Such rates are prevalent in the euro-zone periphery, where variable mortgages range from 85% of borrowing in Spain and Ireland to 99% of borrowing in Portugal, he said.
âThe issue for the ECB is that itâs tasked with setting policy for the euro zone as a whole, but the result of todayâs anticipated rate increase will be to worsen, rather than improve, the current fiscal and also economic crisis,â Smith said.
Yeah sorry I meant contract highs. Still quite some way off the 150 handle!
