terça-feira, 26 de abril de 2016

Com um aviso de um leitor do blog, aqui vai o gráfico que mostra o tamanho do volume mensal que marcou o mercado futuro de commodities nos últimos 2 meses......especulação ? Alavancagem "elevada a décima potência" ?

Com um aviso de um leitor do blog, aqui vai o gráfico que mostra o tamanho do volume mensal que marcou o mercado futuro de commodities nos últimos 2 meses......especulação ? Alavancagem "elevada a décima potência" ?


O Gráfico está abaixo......






O link para a discussão e reflexão desse movimento pode ser visto aqui, por indicação do leitor:

http://www.businessinsider.com.au/bank-of-america-watch-out-for-another-chinese-commodities-crash-2016-4


Ou no "zerohedge.com":  http://www.zerohedge.com/news/2016-04-26/china-commodity-bubble-bursts-exchanges-curb-goldmans-biggest-concern


Abaixo, reproduzo parte da matéria:

"China Commodity Bubble Bursts As Exchanges Curb Goldman's "Biggest Concern"
Tyler Durden's pictureSubmitted by Tyler Durden on 04/26/2016 12:40 -0400


Goldman Sachs has expressed its concern about the surge in speculative trading in iron ore futures in China, saying that daily volumes are now so large that they sometimes exceed annual imports.

The increase in futures trading in the world’s largest importer was among factors that have lifted prices, according to a report from analysts Matthew Ross and Jie Ma received on Tuesday. Iron ore volumes traded on the Dalian Commodity Exchange are up more than 400 percent from a year ago, they said.

“While increased fixed-asset investment in China, a bring-forward of steel production (ahead of a government curtailment) and mining disruptions help to explain the strong rally in the iron ore price, the one driver that concerns us the most is the increased speculation in the Chinese iron ore futures market,” they wrote.......

As we said ast week, eventually, the excesses will need to be curbed and maybe that starts a new phase of risk-off within China: As one local trader put it:

  
“The market is moving so quickly, yesterday felt just like the stock market in June last year before the crash... I think how it goes up, that’s how it will come down.""