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glad my tan leaps got rolled to 2024
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By Florence Tan SINGAPORE (Reuters) - Oil prices drifted higher on Wednesday, anticipating a report of low U.S. oil stocks, while expectations of solid demand in the upcoming driving season also lent support. Brent crude futures for August were up 40 cents, or 0.3%, at $120.97 a barrel at 0649 GMT after closing on Tuesday at the highest since May 31. U.S. West Texas Intermediate crude for July was at $120.01 a barrel, up 60 cents, or 0.5%, after reaching its highest settlement since March 8 in the previous session. Analysts polled by Reuters expect data for last week to show another drawdown of U.S. crude inventories, although gasoline and distillates stocks could edge higher. [EIA/S] "The oil market is expected to remain tight as the supply side will continue to tell a story of low inventories. Crude oil inventories will likely post more draws as driving season and vacationing heats up," OANDA analyst Edward Moya said in a note. However, figures from the American Petroleum Institute showed that U.S. crude and oil products inventories rose last week. The U.S. Energy Information Administration (EIA) will report last week's stock levels at 10:30 a.m. EDT (1430 GMT) on Wednesday. The World Bank on Tuesday slashed its global growth forecast for 2022 by nearly a third, warning that Russia's invasion of Ukraine had compounded damage from the COVID-19 pandemic, and that many countries now faced recession. Meanwhile, global crude and oil products supplies remain tight, boosting Asian refiners' diesel margins to record levels, as Western sanctions hamper exports from major producer Russia. The CEO of global commodities trader Trafigura said oil prices could soon hit $150 a barrel and go higher this year, with demand destruction likely by the end of the year. Most refineries globally are already running close to capacity to meet rising demand from pandemic recovery and to replace lost Russian supplies. JP Morgan analysts estimate that Russia has cut about 500,000 to 700,000 barrels per day of oil products exports, because it now finds marketing fuel harder than marketing crude. "Unless new Middle East capacity comes online more quickly than we expect or China decides to lift its products export caps, the shortage of clean products will only get worse as demand for transport fuels picks up during the northern hemisphere summer," they said in a note. On Tuesday, China topped up its first batch of product export quotas aimed at reducing high domestic inventories, which have risen as pandemic lockdowns have dented demand. Despite the latest additions to the quotas, their volumes remain much lower than last year, however. "We do not see a meaningful impact to ease the current diesel tightness but will watch for the start-up progress of new refiners like Petronas RAPID and Kuwait Al-Zour," Citi analyst Oscar Yee said in a note.
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> $**TAN** - WHITE HOUSE CONFIRMS BIDEN TO INVOKE DEFENSE PRODUCTION ACT TO PUSH U.S. SOLAR PANEL PRODUCTION > > $**TAN** - U.S. TO ALLOW TWO-YEAR EXEMPTION ON SOLAR PANEL IMPORTS FROM CAMBODIA, MALAYSIA, THAILAND AND VIETNAM -WHITE HOUSE > > U.S. AUTHORIZATION OF DPA ALSO TARGETS HEAT PUMPS; BUILDING INSULATION; FUEL CELLS AND OTHER RELATED EQUIPMENT; TRANSFORMERS AND OTHER POWER GRID INFRASTRUCTURE -BIDEN ADMINISTRATION
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Hay que estar refugiado en Value stocks, las high growth companies tenian PE´s tan elevados que hoy les esta pasando factura un ambiente de tasas al alza.
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a ver que tanto van a impactar los datos de China al incremento de la inflación, y que tan certera fue esa subida de 50 Pb. por parte de la FED para contrarrestar
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By Swati Verma (Reuters) - Gold fell more than 1% to its lowest in 3-1/2 months on Monday as elevated bond yields and overall strength in the dollar dampened bullion demand, even as riskier assets dropped after grim China economic data. A stronger dollar makes gold expensive for overseas buyers, while higher Treasury yields raise the opportunity cost of holding zero-yield bullion. Spot gold was down 0.2% to $1,807.64 per ounce as of 1311 GMT, after earlier hitting its lowest since Jan. 31 at $1,786.60. U.S. gold futures were little changed at $1,808.10. "Spot gold may not stray far from $1,800, suppressed by the might of King Dollar and elevated Treasury yields, while supported by the looming prospects of a recession," said Han Tan, chief market analyst at Exinity. Gold prices are down over 13% since scaling a near-record peak of $2,069.89 an ounce in March. [USD/] [US/] "Having now fallen through the psychologically important threshold of $1,800 an ounce and with the hawkish monetary policy more likely to strengthen than weaken, it is hard to see where gold can now find a short-term foothold," Rupert Rowling, market analyst at Kinesis Money, said in a note. The dollar consolidated near a two-decade peak while risk appetite took a hit after weak economic data from China highlighted fears about a slowdown. [MKTS/GLOB] Silver has found itself caught up in the broader sell-off in equities and gold, being punished for being an industrial metal at a time when growth forecasts are being trimmed, Rowling added. Spot silver gained 0.9% to $21.26 per ounce, after slumping to its lowest since July 2020 on Friday. Platinum rose 0.2% to $940.16 and palladium was up 1.2% to $1,966.80. Johnson Matthey (LON:JMAT) said a surplus in the platinum market should shrink this year and the palladium markets are likely to move back into deficit.
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By Florence Tan SINGAPORE (Reuters) - Oil prices slipped on Monday, along with stock markets in Asia, sparked by weak China data and fears a global recession could dampen oil demand, with investors eying European Union talks on a Russian oil embargo that could tighten global supplies. Brent crude lost 41 cents, or 0.4%, to $111.98 a barrel by 0603 GMT. U.S. West Texas Intermediate crude was at $109.24 a barrel, down 53 cents, or 0.5%. Both contracts briefly turned positive after falling more than $1 earlier in the session. "The broader risk-off sentiment sparked by the recession fears, and China's lockdowns are the major factors that pressure the oil price," CMC Markets analyst Tina Teng said. Global financial markets have also been spooked by concerns over interest rate hikes and recession worries as tighter and wider COVID-19 lockdowns in China led to slower export growth in the world's No. 2 economy in April. Crude imports by China, the world's top oil importer, rose nearly 7% in April from a year earlier although imports for the first four months fell 4.8% on year. A price cut by Saudi Arabia also reflected worries over global oil demand, Teng said. Saudi Arabia, world's top oil exporter, lowered crude prices for Asia and Europe for June on Sunday. EU RUSSIA OIL EMBARGO Last week, the European Commission proposed a phased embargo on Russian oil as part of its toughest-yet package of sanctions over the conflict in Ukraine, boosting Brent and WTI prices for the second straight week. However, the proposal requires a unanimous vote among EU members this week. The EU proposal was followed by a pledge by G7 nations on Sunday to ban or phase out Russian oil imports. Washington also imposed new sanctions against Gazprombank executives and other businesses. Japan, part of G7 and one of the world's top five crude importers, will ban Russian crude imports "in principle", Prime Minister Fumio Kishida said on Sunday. "It seems inevitable that both the EU and Japan will be competing for more non-Russia supplies in the future, and this is underpinning prices," said Jeffrey Halley, OANDA's senior analyst, in a note. Bulgaria's Deputy Prime Minister, however, said on Sunday that his country would veto EU oil sanctions on Russia if it does not get a derogation from the proposed ban. "The talks will continue tomorrow, on Tuesday too, a meeting of the leaders may be needed to conclude them. Our position is very clear. If there be a derogation for some of the countries, we want to get a derogation too," Vassilev told national BNT television. Bulgaria had earlier said it would seek an exemption from the proposed Russian oil ban if such opt-outs were allowed, but it was not clear if it was seeking a full exemption or a delay similar to the one proposed on Friday for Hungary, Slovakia and the Czech Republic.
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By Florence Tan (Reuters) - Oil prices bounced on Wednesday ahead of an announcement by the U.S. Federal Reserve and further sanctions on Russia by the European Union, offsetting demand worries in top importer China. Brent crude futures had risen $1.46, or 1.4%, to $106.43 a barrel by 0616 GMT amid thin trading volume, with China and Japan closed for holidays. West Texas Intermediate crude futures rose $1.59 , or 1.6%, to $104.00 a barrel. The gains came on the back of news from Tuesday that the European Union would slap new sanctions on Russia for waging war on Ukraine. [nL3N2WW0CK] European Commission President Ursula von der Leyen is expected to spell out the proposed new sanctions on Wednesday, including a ban on imports of Russian oil by the end of 2022, officials said. Investors are also waiting for an announcement from the Fed on Wednesday. It is expected to intensify efforts to bring down high inflation by raising interest rates and reducing its balance sheet. Oil "prices remain in a holding pattern ahead of EU sanctions and the Fed", Stephen Innes of SPI Asset Management said in a note. In the United States, crude and fuel stocks fell last week, according to market sources citing American Petroleum Institute figures. Crude stocks fell by 3.5 million barrels for the week ended April 29, they said. This was more than an expected 800,000-barrel drop estimated in a Reuters poll. [API/S] U.S. government data on stocks is due on Wednesday. [EIA/S] Oil prices fell more than 2% on Tuesday on demand worries stemming from China's prolonged COVID-19 lockdowns that have curtailed travel plans during the Labour Day holiday season. [nL5N2WW04M] The global manufacturing purchasing managers index contracted in April for the first time since June 2020, with China's lockdowns a key contributor, Caroline Bain, chief commodities economist at Capital Economics said in a note. "The big picture is clearly negative for commodities demand," she said, adding that rising inflation and higher interest rates were starting to bear down on spending. "While supply constraints may keep commodity prices elevated for some time yet, we think subdued demand will weigh on most prices later this year and in 2023," Bain said. On Thursday, the Organization of the Petroleum Exporting Countries and their allies are expected to stick to their policy for another monthly production increase, although the group, known as OPEC+, undershot output targets between October and March, except for February.
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La Cina cerca uno sviluppo stabile delle relazioni militari statunitensi - Tan. L'Ungheria è tra gli acquirenti che consentiranno la conversione del rublo per il gas russo. Gentiloni dell'Ue: nel 2022 la crescita sarà molto più lenta del previsto.
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By Florence Tan (Reuters) -Oil prices extended gains on Wednesday amid simmering geopolitical tensions as Russia cut gas supplies to Bulgaria and Poland, while hopes of Chinese economic stimulus buoyed the demand outlook. Brent crude futures rose 67 cents, or 0.6%, to $105.66 a barrel by 0636 GMT. U.S. West Texas Intermediate crude futures gained 44 cents, or 0.4%, to $102.14 a barrel. Crude prices settled about 3% higher on Tuesday in volatile trade as the market is torn between supply and demand concerns over Russian oil and gas disruption and a worsening global economic outlook. "The market is increasingly volatile and event driven," said Howie Lee, an economist at Singapore's OCBC bank. "Energy security across the world is getting more vulnerable and vulnerable security normally comes with a higher price tag." Russian energy giant Gazprom (MCX:GAZP) said on Wednesday it has completely halted gas supplies to Bulgaria and Poland due to absence of payments from the countries in roubles for the fuel delivery, in a major escalation of Russia's broader row with the West over its invasion of Ukraine, which Moscow calls a "military operation". The row sent NYMEX ultra-low-sulfur diesel futures up more than 9% on Tuesday to settle at $4.47 a gallon, a record close. "Oil is supported via the escalation of geopolitical tensions," Stephen Innes of SPI Asset Management said in a note. "Cutting gas flows is not new news, but it's the timing of Russia plugging the gas flows when stagflationary fears are running rampant again." The International Monetary Fund (IMF) warned on Tuesday that Asia faces a "stagflationary" outlook with the Ukraine war, a spike in commodity costs and a slowdown in China creating significant uncertainty. China's central bank said on Tuesday it will step up prudent monetary policy support to its economy as Beijing races to stamp out a nascent COVID-19 outbreak in the capital and avert the same debilitating city-wide lockdown that has shrouded Shanghai for a month. Any stimulus would boost oil demand. Despite extended lockdowns in Asia's biggest aviation market, China's domestic flight demand has rebounded, pushing global airline capacity to its highest level in 2022 this week, travel data firm OAG said on Tuesday. In supply, U.S. government data on crude inventories is due later on Wednesday. Industry data on Tuesday showed U.S. crude and distillate stocks rose last week while gasoline inventories fell. [API/S] [EIA/S]
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Parce esto tan enputado!! > @Chano said: holi cow!!
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pero el mercado estaba tan arinconado que solo tenia para ir para arriba
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corner el mercado hasta un costado (puede ser long o short) y esta tan extendido antes de la noticia que solo tiene 1 dirección para ir
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si el CPI no es tan catastrofico como podria ser, mañana tenemos un cohete para arriba
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Blame it on the alcohol or blame it on sativa The harder your heart keep beating Only feel bad while you're thinkin' Pop pop pop like Pepsi Coke, the best we smoke Plus the tan look like you flew in from Mexico Go go, let me see how wild it get Bustin' wide as it get You need to be taken care of and pampered But just like a pamper, he on that childish shit I know you've been silencing your phone (Silencing your phone, ignoring calls from home) I know you've been tryna get along What's up, it's on, no games, we grown I know you feel like sometimes that y'all don't speak the same language I know that you just wanna let it go with all the bitches that you came with
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By Florence Tan and Isabel Kua SINGAPORE (Reuters) -Oil prices plunged more than $5 a barrel on Thursday on news the United States was considering the release of up to 180 million barrels from its strategic petroleum reserve, the largest in the near 50-year history of the SPR. Brent futures for May fell $5.47, or 4.8%, to $107.98 a barrel at 0608 GMT. The May contract expires on Thursday and the most actively traded June futures were down $5.26 to $106.18. U.S. West Texas Intermediate futures for May delivery fell $6.23, or 5.8%, to $101.59 a barrel after earlier slipping to a low of $100.85. U.S. President Joe Biden will give remarks later on Thursday regarding his administration's actions aimed at lowering gasoline prices that have risen to records following Russia's invasion of Ukraine. "If it turns out to be as much as that, it would be significant and so would certainly help to a certain extent to fill the shortfall, but not all of it," said Warren Patterson, head of commodities strategy at ING, referring to the 180 million barrels figure. "Another key question is whether this volume would be part of a wider coordinated release." International Energy Agency (IEA) member countries are set to meet on Friday at 1200 GMT to decide on a collective oil release, a spokesperson for New Zealand's energy minister said on Thursday. News of the potential U.S. oil release overshadowed a meeting set for later on Thursday between the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia. The group known as OPEC+ is expected to stick to its deal to gradually increase oil production. The U.S. oil release may be effective in reducing wild volatility and curtail sharp uptrend movements, but with OPEC+ still unwilling to uphold production, prices need a long-term solution, said Avtar Sandu, a commodities manager from Phillip Futures. Oil settled up around 3% on Wednesday amid supply concerns as peace talks to end the war between Russia, which calls its actions a "special operation", and Ukraine have stalled. Russia is the world's second-largest oil exporter and sanctions imposed as punishment for the invasion have disrupted flows from the country. In early March, the Biden administration said it would sell 30 million barrels from the strategic reserves as part of a global release of 60 million barrels to lower prices. In November, the United States announced a plan to release 50 million barrels from the SPR, mostly through exchanges where the buyer agrees to replace the oil later. "I guess we need to also see if this would be a straightforward release or an exchange," ING's Patterson said. The release comes as U.S. commercial oil inventories fell by 3.4 million barrels in the week to March 25, surpassing forecasts of a 1 million barrel drop. At the same time, implied demand for gasoline and distillates declined. The slower demand came as U.S. production rose by 100,000 barrels per day (bpd) to 11.7 million bpd after stagnating at 11.6 million bpd since early February.
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**@CNBC:** 'Queer Eye' star Tan France uses a simple trick to decide if something is worth splurging on (via @CNBCMakeIt) https://t.co/PSHsgqk2Tr https://twitter.com/CNBC/status/1509191933041811461
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I was stoped out of TAN last week but not FSLR fortunately
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La probabilidad de que suban las tasas es del 99%, lo que da entender es que el mercado ya lo ha descontado. Hay demasiado hedge en niveles inferiores del 415 en el SPY (ETF), lo cual a mi parecer ya no hay un factor sorpresa a menos que el reporte del CPI sea tan malo que obligue a la FED a subir 50 Pb como mínimo. El conflicto geo politico y la subida del petroleo pone presión a Powell en ser precavido con la política monetaria en esta reunión.
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have a couple TAN calls i left for dead, rising from the ashes
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By Emily Chow and Florence Tan BEIJING (Reuters) -Oil prices surged, with Brent breaching $100 a barrel for the first time since 2014 on Thursday as Russia attacked Ukraine, exacerbating concerns that a war in Europe could disrupt global energy supplies. After Russian President Vladimir Putin authorised what he called a special military operation, Ukraine's Foreign Minister Dmytro Kuleba said in a tweet that Russia had launched a full-scale invasion of Ukraine and was targeting cities with weapons strikes. Brent crude hit a high of $102.48 a barrel, the loftiest since September 2014, and was at $102.06 a barrel at 0547 GMT, up $5.22, or 5.4%. U.S. West Texas Intermediate (WTI) crude futures jumped $4.85, or 5.3%, to $96.95 a barrel, after rising to as much as $97.40, the highest since August 2014. Oil prices have surged more than $20 a barrel since the start of 2022 on fears that the United States and Europe would impose sanctions on Russia's energy sector, disrupting supplies. Russia is the world's second-largest oil producer, mainly selling its crude to European refineries, and is the largest supplier of natural gas to Europe, providing about 35% of the latter's supply. "Russia's announcement of a special military operation into Ukraine has pushed Brent to the $100/bbl mark," said Warren Patterson, head of ING's commodity research. "This growing uncertainty during a time when the oil market is already tight does leave it vulnerable, and so prices are likely to remain volatile and elevated," he added. Western nations and Japan on Tuesday punished Russia with new sanctions for ordering troops into separatist regions of eastern Ukraine, and threatened to go further if Moscow launched an all-out invasion of its neighbour. So far, there are no sanctions on energy trade. "It's not just geopolitical risk that is the problem but the further straining of supply," OCBC economist Howie Lee said. "Russian oil supply will disappear overnight if faced with sanctions ... and OPEC can't produce fast enough to cover this gaping hole." Some members of the Organization of the Petroleum Exporting Countries (OPEC) said there is no need for the group and its allies to increase output further as a potential deal between Iran and world powers will increase supplies. Some OPEC members are already struggling to meet current targets.[OPEC/O] Japan and Australia said on Thursday they were prepared to tap their oil reserves, together with other International Energy Agency (IEA) member countries, if global supplies were hit by hostilities in Ukraine. Analysts are also warning of inflationary pressure on the global economy from $100 oil, especially for Asia, which imports most of its energy needs. "Soaring oil prices come at an especially difficult time," HSBC economist Frederic Neumann said. "Asia's Achilles heel remains its vast import needs for energy, with surging oil prices bound to take a hefty bite out of income and growth over the coming year." The U.S. and Iran have been engaged in indirect nuclear talks in Vienna, in which a deal could lead to the removal of sanctions on Iranian oil sales and increase global supply. Iran on Wednesday however urged Western powers to be "realistic" in talks to revive the 2015 nuclear deal, and said its top negotiator was returning to Tehran for consultations, suggesting a breakthrough in its discussions is not imminent. Additionally, U.S. crude stockpiles rose 6 million barrels last week while distillate stocks fell, according to market sources who were citing American Petroleum Institute figures late on Tuesday. Ahead of government data on Thursday, analysts forecast a 400,000-barrel build in crude and a drawdown in fuel stockpiles. [EIA/S] Gasoline inventories rose by 427,000 barrels and distillates stockpiles fell by 985,000 barrels, the API data showed according to the sources, who spoke on condition of anonymity.
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Work on that tan! > @singletary said: going to hit the pool and come back for close. y'all kill it
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tha tan calls contradicting yesterdays flow
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