Daily Archives: September 19, 2013

A case of broken BRICS ?

Brief:

” EM currencies, stocks and bonds have struggled since the Fed signalled its intent to change course in late May. This has seemingly triggered an exodus of speculative capital from emerging markets but, as is always the case, there is more to the story than that. EM countries (ex. China) no longer run a current account surplus with the rest of the world, and this hurts global liquidity. It is not yet a re-run of the 1997-98 Asian crisis, but it has the potential to become one with all sorts of consequences for bond yields in developed markets, currency wars, etc.”

Read full report at  http://www.arpinvestments.com/The_Absolute_Return_Letter_0913.pdf

Exclusive Invitation: Commodities Seminar Live Webcast 2013 – Today, 19th Sept 2013

S&P Dow Jones Indices invites you to this half-day complimentary seminar which has become Europe’s annual meeting point for commodity aficionados in less than a decade.

Join us and other leading industry professionals for an afternoon of education and networking opportunities. Take a front row seat to walk away with valuable insights into current trends and issues under the umbrella of who’s complaining, who’s hedging, who’s speculating, who’s to blame and finally, where do I go?

Our speakers will examine:

– What causes spikes in commodity prices and how regulation is impacting commodity investment in modern market times.

– Perspectives on what the speculators are doing versus who are the hedgers, and why the lines might not be so clear.
– What incidental factors are tipping the market and the limitations for producers and consumers?
– What’s driving the world’s demand economy today and where it might be heading.
– The latest techniques in managing commodity index exposures in potentially uncertain times.

Register at

http://mediazone.brighttalk.com/event/spindices/47951a40ef-7851-intro?elq=1cf93c9894d643d8980362046fbbae9d

http://mediazone.brighttalk.com/event/spindices/47951a40ef-7851-registration

Agenda http://mediazone.brighttalk.com/sitedata/7d04bbbe5494ae9d2f5a76aa1c00fa2f/download/13421_7th_Annual_SPDJI_Commodity_Seminar_Brochure_A4_091613-%20FINAL.pdf