Großbritannien gibt grünes Licht für größtes Nuklear-Projekt in Europa

Hinkley Point ist nicht nur das größte Nuklearprojekt, sondern jetzt auch das größte Energieprojekt in Europa. Es wird bei Vollauslastung in Zukunft rund 7% des britischen Energiebedarfs decken können. 

Das Mammutprojekt wird dabei signifikante 24 Mrd. USD an Investitionen benötigen. Gebaut und finanziert wird Hinkley Point übrigens von der französischen und chinesischen Regierung, die bekanntermaßen zu den größten Spielern am globalen Nuklearmarkt gehören..

Hinkley Point: UK approves nuclear plant deal

15 September 2016

The government has approved a new £18bn nuclear power station in the UK after imposing "significant new safeguards" to protect national security.

The new plant at Hinkley Point in Somerset is being financed by the French and Chinese governments.

However, the UK government says it will have control over foreign investment in "critical infrastructure".

Ministers will be able to stop EDF, the state-controlled French energy firm, from selling its stake in Hinkley.

Jean-Bernard Lévy, chief executive of EDF, which is building the plant, said: "The decision of the British Government to approve the construction of Hinkley Point C marks the relaunch of nuclear in Europe.."

Link: http://www.bbc.com/news/business-37369786

Quelle: bbc.com

Quelle: bbc.com

Nach BrExit: Bargeld-Bestände der Briten steigen massiv an

Die Unsicherheit der britischen Bevölkerung spiegelt sich auch bei der Entwicklung der Bargeldbestände wieder:

Quelle: zerohedge.com

England: Stärkster Rückgang der Wirtschaftsleistung seit 2009

Insbesondere im wichtigen Service-Sektor ist der Rückgang für die englische Wirtschaft ein großes Warnsignal..

Quelle: Markit

Quelle: bloomberg.com

Big Picture: Welche Nation hat die höchsten Arbeitszeiten?

Das folgende Ergebnis einer aktuellen Arbeitsmarkt-Analyse wird viele Menschen verwundern..

Quelle: bloomberg.com

The Top 3 Most Visited JRB Blog Posts This Week Are..

3. Morgan Stanley, Analyse: Batterie- & Energiespeicher-Markt vor Wachstumsexplosion

2.  Nach der BrExit-Entscheidung: Sterling touchiert 30-Jahrestief, Goldpreis in Pfund mit dem höchsten Anstieg seit 42 Jahren

1. Nach dem BrExit: Globale Bestände der Gold-Investments springen um 3,4 Mrd. USD auf höchsten Stand seit 2013

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Der Link zum informativen Wochenreport von Haywood.

The Weekly Dig

Mick Carew, PhD, mcarew@haywood.com

Haywood Mining Team

Markets Down/Gold Higher as Britain Vote to Leave the European Union

§  The full ramifications of the surprise outcome of the British referendum on Thursday are unclear. The final result, which saw a 52-48 percent victory to Brexit advocates sent markets lower, albeit arguably not by as much as some predicted. Following the result, the British Pound fell almost 10% against the dollar to levels last seen in 1985, on fears the decision could hit investment in the world's fifth-largest economy, threaten London's role as a global financial capital and cause many months of political uncertainty. Closer to home, the Dow Jones Industrial Average and S&P 500 Index both fell 3.4% and 3.3%, while in Canada the S&P/TSX Composite Index fell 1.7%. As investors focussed on the short-term effects of the decision, the future of the European Union, and even the United Kingdom, have been brought into question. Already, a number of separatist parties in countries including France, Greece, Italy and the Netherlands have been bolstered by the result, and called for similar referendums that could see the European Union dissolve further. Meanwhile, citing the majority “remain” vote cast by Scotland and Northern Ireland voters, there is growing speculation that Scotland could hold another referendum to decide whether to remain with the U.K. The price of gold responded in kind, hitting almost $1,360 per ounce during Friday trading before settling at $1,320 per ounce (↑1.5%). Silver (↑1.5%), platinum (↑1.6%) and palladium (↑2%) were also up for the week. Base metals, with the exception of nickel, also rose, with copper (↑3%), lead (↑1%) and zinc (↑2%) finishing at $2.13, $0.77 and $0.91 per pound. WTI crude was down 1.4% this week while the UxC Weekly Spot Price of uranium finished higher, closing at $26.88 per pound.

Click here for the full report

This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.  

Nach der BrExit-Entscheidung: Sterling touchiert 30-Jahrestief, Goldpreis in Pfund mit dem höchsten Anstieg seit 42 Jahren

Gold wird seinem Ruf als ultimative Krisenwährung heute vor allem in Großbritannien gerecht..

Quelle: zerohedge.com

Quelle: zerohedge.com

Historischer Tag: BrExit zieht weltweite Schockwellen nach sich, Gold explodiert

Hierzu zwei aktuelle Berichte von Zerohedge mit der Zusammenfassung der wichtigsten Ereignisse:

"It’s Scary, And I’ve Never Seen Anything Like It" - Where Markets Are The Morning After

For those of you who are just waking up, first of all, congratulations. Here is what you missed.

European, Asian stocks and S&P futures plummet, as U.K. votes to leave European Union membership. FX carry trades everywhere go haywire, with the Dollar and Yen spiking while the Cable overnight plunged to 30 year lows and at last check was trading just around 1.37, down 1,300 pips from yesterday's highs. A modest rebound was experienced when first the Bank of England and shortly after all other central banks promised to pump virtually unlimited liquidity into the financial system. Ironically, all of this takes place a day after Fed’s stress tests showing all 33 banks exceed minimum requirements - we may find out just how "unstressed" they are as soon as today.

For those who are pressed for time, the following quote from James Butterfill, head of research and investments at ETF Securities, summarized it best: "It’s scary, and I’ve never seen anything like it. We’re going to see outflows from basically any kind of cyclical asset. A lot of people were caught out, and many investors will lose a lot of money.”

Here are key market updates:

• S&P 500 futures down 3.9% to 2023
• Stoxx 600 down 7% to 322
• MSCI Asia Pacific down 4.1% to 125
• US 10-yr yield down 22bps to 1.53%
• Dollar Index up 1.86% to 95.27
• WTI Crude futures down 4.2% to $48.00
• Brent Futures down 4.3% to $48.70
• Gold spot up 4.2% to $1,310
• Silver spot up 2.8% to $17.77

TOP NEWS:

• U.K. Votes for Brexit as Cameron Resigns After Historic Rupture: Prime minister to step down as Johnson weighs next step
• Pound Plunges to 30-Year Low as U.K. Assets Slide on Brexit: ‘There are certain days you never forget,’ says HSBC’s Bloom
• Carney Pledges $345 Billion to Fund First Line of Brexit Defense: Markets bets on a July interest rate cut climb to 50%
• Nationalist Parties Seize on Brexit to Demand Own EU Referendums: Le Pen, Wilders, Northern League call for vote
• Biggest U.S. Banks Seen Weathering Severe Stress in Fed Test: Regulators release results of Dodd-Frank mandated exercise
• Oil Tumbles After Brexit Vote as Traders Assess Lasting Impact: WTI, Brent down >6.6% as traders flee risky assets
• Gold Sees Biggest Gain Since 2008 in Rush for Havens From Brexit: Sterling-denominated gold jumps 15%, the most ever
• Xerox Appoints Jeff Jacobson as New Chief After Co. Split: Jacobson named as incoming CEO of document technology seller
• Albemarle, Fortive to Join S&P 500; Emcor Named to MidCap 400: Changes to be implemented after close of trading June 30

WHAT HAPPENED IN EUROPEAN MARKETS:

European shares sinks after U.K. voted to quit the European Union. All 19 Stoxx 600 sectors fall with banks, insurance underperforming and health care, food & beverage outperforming. 90% of Stoxx 600 members decline, 10% gain. “It’s scary, and I’ve never seen anything like it,” said James Butterfill, head of research and investments at ETF Securities, said by phone from London. “We’re going to see outflows from basically any kind of cyclical asset. A lot of people were caught out, and many investors will lose a lot of money.”

Link: http://www.zerohedge.com/news/2016-06-24/it’s-scary-and-i’ve-never-seen-anything-it-where-markets-are-morning-after

It's All Over As "Leave" Wins Brexit Referendum: Markets Everywhere Are Crashing

Final update to this historic post, just to make it official :
BREXIT VOTE-LEAVE HAS WON MORE THAN 16.784 MLN VOTES, ENOUGH TO GUARANTEE VICTORY IN EU REFERENDUM - BBC FIGURES

Link: http://www.zerohedge.com/news/2016-06-23/nailbiter-continues-here-are-first-official-results-and-they-give-bremain-some-hope

Quelle: Zerohedge

BrExit: Soros, Rothschild und Osborne warnen vor drastischen Folgen

Die Medien-Kampagnen rund um den kontroversen BrExit laufen kurz vor der Entscheidung natürlich wie erwartet besonders heiß. Lesenswerter Bericht auf Zerohedge:

The Big Guns Are Out: Soros, Rothschild Warn Of Brexit Doom; Osborne Threatens With "Suspending" Market

Just yesterday, we recounted the story of "Black Wednesday" when on September 16, 1992, the UK was forced out of the EU’s exchange-rate mechanism, or ERM, when the BOE tapped out and allowed the British pound to float freely, leading to 15% losses in the sterling. As we noted, this was George Soros' infamous trade which "broke the Bank of England" and made the Hungarian richer by over $1.5 bilion.

24 years later Soros is back, and this time he is warning against the kind of devaluation that made him a billionaire and which he believes will be unleashed by Brexit, when in a Guardian Op-Ed he wrote that U.K. voters are “grossly underestimating” the true costs of a vote to leave the EU, saying that there would be an "immediate and dramatic impact on financial markets, investment, prices and jobs."

He predicts that the pound would decline "precipitously", seeing a gargantuan drop of at least 15% and possibly >20% to below $1.15. Considering it has now become trendy for analysts to come up with ever "doomier" forecasts of just how low cable would plunge in case of Brexit, we are surprised Soros stopped there.

Here Soros makes the distinction how the collapse in cable would be different from the one that made him richer by saying thatthis devaluation wouldn’t be “healthy” like the one in 1992 because BOE wouldn’t cut rates, U.K. has large current account deficit and devaluation unlikely to improve manufacturing exports this time. Just don't tell that to the BOJ, which would gladly leave the EU - twice if it had to - if it meant a 20% devaluation.

“Brexit would make some people very rich - but most voters considerably poorer”; “there are speculative forces in the, markets much bigger and more powerful" than the speculators that profited from the 1967 devaluation at Britain’s expense. "A vote to leave could see the week end with a Black Friday, and serious consequences for ordinary people.."

Link: http://www.zerohedge.com/news/2016-06-20/big-guns-are-out-soros-rothschild-warn-brexit-doom-osborne-threatens-suspending-mark

Quelle: Sputnik

Big Picture: Entwicklung der Wohnimmobilienpreise in den USA, Kanada und UK

Spannende Übersicht, die aufzeigt, dass der Anstieg der Wohnimmobilienpreise in Großbritannien (vor allem London) während der letzten 20 Jahre mit Abstand der massivste gewesen ist..

Quelle: FRED

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Hier finden Sie den informativen Wochenrückblick von Haywood vor.

The Weekly Dig

Mick Carew, PhD, mcarew@haywood.com

Haywood Mining Team

Metal Prices Fall as Talk of June Rate Hike Intensifies

§  A statement from the Federal Reserve this week raised the prospect of an interest rate rise in the United States, with policymakers suggesting it could occur as early as next month if economic data supported the move. Since the Federal Reserve raised its key interest rate in December last year, the prospect of an additional rate hike has varied amid bullish employment data conflicting with concerns over the state of the U.S. economy, and its manufacturing sector in particular. According to the Fed’s notes, signs that the economy, employment and inflation are firming would be watched closely, while it remained wary of external factors, including a possible UK vote to leave the European Union. According to some Federal Reserve officials, an interest-rate increase could occur as early as June. In response, metal prices and mining equities were down on the news on Wednesday, with gold in particular falling as low as $1,244 per ounce on Thursday as the United States dollar rose against a basket of other currencies. The yellow metal rose to $1,260 per ounce later in the day but settled at the end of the week at $1,253 per ounce. Silver (↓4%), platinum (↓3%) and palladium (↓6%) were also down for the week, finishing at $16.51, $1,023 and $560 per ounce respectively. Base metal prices continued to slide following last week’s losses, headed by copper which fell as low as $2.03 per pound and approaching the $2.00 level, before consolidating at $2.05 per pound on Friday; Meanwhile, nickel, lead and zinc each finished at $3.84, $0.76 and $0.84 per pound respectively.  WTI crude continued to push towards $50 per barrel, finishing at $47.75, while the UxC Weekly Spot Price of uranium rose 1% to finish at $28.56 per pound.

Click here for the full report

This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.  

EU-Gipfel: Von allen Seiten Bedenken gegen Türkei-Deal

Hierzu ein aktueller Artikel von den DWN:

EU-Gipfel: Von allen Seiten Bedenken gegen Türkei-Deal

Deutsche Wirtschafts Nachrichten | Veröffentlicht: 17.03.16

Angela Merkels Türkei-Plan wird beim Gipfel in Brüssel von allen Seiten mit Skepsis gesehen: Österreich sagt, die Balkan-Route bleibt geschlossen. Großbritannien wird keine zusätzlichen Flüchtlinge aufnehmen. Das Internationale Flüchtlingskomitee sagt, der Deal des Flüchtlingsaustauschs werde nicht funktionieren..

Link: http://deutsche-wirtschafts-nachrichten.de/2016/03/17/eu-gipfel-von-allen-seiten-bedenken-gegen-tuerkei-deal/

British Petroleum (BP) verkündet höchsten Jahresverlust in der Firmen-Historie

BP wurde vom Ölpreis-Crash in 2015 besonders hart getroffen. Noch nie fiel der Jahresverlust des Ölmultis höher aus..

Quelle: bloomberg.com

Nationale Aktien-Börsenwerte im globalen Vergleich

Die USA stehen im weltweiten Vergleich nach wie vor mit riesigem Abstand an erster Stelle..

Quelle: Mapping Worlds, bloomberg.com

Kanada: Verschuldung der Haushalte steigt auf neues Rekordhoch

Die Schulden der kanadischen Haushalte im Vergleich zum Einkommen sind nun mit Abstand die höchsten unter den G7 Staaten:

Quelle: zerohedge.com

Quelle: zerohedge.com

Quelle: zerohedge.com

Relative Größe der globalen Aktienmärkte: Veränderungen von 1899 vs. 2014

Informative Grafik von BusinessInsider, in der erkenntlich ist, dass die USA nach wie vor mit riesigem Abstand die globalen Aktienmärkte dominieren.

Quelle: businessinsider.com

Big Picture, Geldpolitik: Entwicklung der einflussreichsten Zinssätze in den letzten 150 Jahren

Exzellenter, informativer Chart von Goldman Sachs, aktuelles Feature von Zerohedge:

Quelle: zerohedge.com, goldmansachs.com

Quote:

Chart Of The Day: 150 Years Of Global Monetary Policy

Submitted by Tyler Durden on 09/21/2014 16:00 -0400

• Central Banks
 
• Germany
 
• Japan
 
• Monetary Policy

While everyone debates if the Fed will, once again, be wrong in its forecasts about a rate hike cycle starting some time in mid-2015 (spoiler alert: it will be), we decided to take a look in the other direction.

The chart below shows the key global events that have influenced monetary policy for the 4 major legacy central banks: the US, UK, Germany and Japan since the mid-19th century. Because if there is one thing to "learn" from the history of monetary policy it is that there is nothing to learn from the history of monetary policy: after all, "this time is always different" when the voodoo priests in charge of it all try to make a bubble-blowing, kneejerk-response "science" out of something that only a mother could call art..

Link: http://www.zerohedge.com/news/2014-09-21/chart-day-150-years-global-monetary-policy