Entries from Asian Chemical Connections tagged with 'the Fed'
Get Behind China
By John Richardson THE blog is often accused of being pessimistic. We are not. We are just realistic. It was realistic last November to anticipate that China's new leaders would be dedicated to major economic reform. In fact, this was...
The 99.9 Percent
Credit: Odysseas Gp Creative Commons BY NC SA By John Richardson WHEN the Fed launched its third round of quantitative easing (QE3), a Perth Australia-based investment analyst said: "I get the feeling that people are waking up to...
Central Bankers Making Global Economy Worse
By John Richardson A NEW research note from our colleagues at International eChem discusses how central bankers have pledged to do "whatever it takes" to achieve a sustainable economic recovery. Click here for a full copy - Research-Note-24Sept12.pdf. Their well-meaning...
Saudi Arabia To Boost Oil Output
By John Richardson SAUDI Arabia has offered its main customers in the US, Europe and Asia extra oil supplies until the end of the year as a result of concerns over the impact that expensive crude could have on the...
Asia Faces More Asset Bubbles
Marc Faber Source of picture: http://www.cliffkule.com/2011_06_26_archive.html By John Richardson RECENT action by Western central banks will result in more hot money flowing into Asia, creating further asset-price bubbles. Last week, the Fed launched QE3 and the previous week, the European...
Real Demand In The Real Economy
By John Richardson THE FED'S decision to launch quantitative easing 3 (QE3), a series of open-ended steps more radical than anything it has attempted before, is bound to drive petrochemicals pricing higher, in response to the surging cost of crude....
Failure Of Central Bankers
Source of graph: Reuters By John Richardson THE Federal Reserve has got it badly wrong, and could compound its mistake by launching a third round of quantitative easing (QE3), warns Ruchir Sharma, head of emerging markets and global...
China Investment Lowest Since 2002
By John Richardson THE chart above indicates the extent to which polyethylene (PE) price rises over the last few weeks have failed to adequately compensate for higher feedstock costs. Last week saw prices edge up by a further $10-40/tonne, according...
As Oil Rises Demand Weakens
By John Richardson A barrel of Brent crude oil cost $88.49 a barrel in June. Yesterday, it was trading at $116.55 a barrel. In the intervening period the global economy has substantially weakened, most notably in the case of China,...
Yuan Devaluation Needs To Be Considered
By John Richardson The "beggar my neighbour" trade wars that many economists feared would erupt after the global financial crisis were delayed thanks to fiscal stimulus. But now politicians will be under increasing pressure to erect trade barriers. "We...
September Will Be A Cruel Month
By John Richardson SEPTEMBER is going to be a cruel month when the West returns from the summer holiday period and the extent of damage to chemicals and polymer demand becomes more apparent. In Asia, temporary supply constraints in polyolefins, paraxylene (PX) and...
China And Bouncing Dead Cats
By John Richardson Fifty per cent of the blog (John Richardson) is on leave for the next two weeks. Next week Paul Hodges will be posting on Asian Chemical Connections. Paul runs the ICIS Chemicals & Economy blog.Then from the...
Clinging On To Vain Hopes
By John Richardson ANYONE clinging on to the hope that the weakness in the global polyolefin market is merely down to China going through a prolonged period of destocking could face a rude awakening. China's polyethylene (PE) demand was...
Chemicals Buying & The IEA Decision
By John Richardson CHEMICALS and polymer demand looks even less likely to be supported by "buying forward" following yesterday's decision by the International Energy Agency (IEA) to release 60m barrels of crude into the market. Here is a bit...
Broad Commodities Retreat Hurts Chemicals
By John Richardson WE hate to say we told you so but the 15 per cent fall in oil prices last week - the steepest one-week decline in two-and-a-half years - was evidence of growing concern over the health of...
The Chemicals Party Is Over
By John Richardson IT has been a fantastic party. Nobody expected that the drinks would last for so long, thanks to Wen Jiabao and Ben Bernanke working overtime to man the 24/7 off-licence (it is called "liquor store" in the...
Chemicals And The Removal Of The Punch Bowl
By John Richardson LUNCH with a chemicals analyst yesterday, during the blog's latest trip to Singapore, gave an intriguing glimpse into the world of those who invest in the chemicals industry. "The Morgan Stanely "Supercycle" report (which the blog...
Feed Subscription
If you use an RSS reader, you can subscribe to a feed of all future entries tagged 'the Fed'. [What is this?]
