World economy talk

[glenn manikis]

sir uls at mga ka tsikot ano po ba ang forecast nyo ng peso to the dollar this year po?

we are into importing po kasi.... napakalaking factor kasi ang value ng peso sa dollar sa price ng products namin....

[Ry_Tower]

sir uls at mga ka tsikot ano po ba ang forecast nyo ng peso to the dollar this year po?

we are into importing po kasi.... napakalaking factor kasi ang value ng peso sa dollar sa price ng products namin....

IMHO and limited knowledge, trend seems to point na mas magiging malakas pa peso vs us dollar. But mahaba pa taon, puwede pa magbago.

[uls]

sir uls at mga ka tsikot ano po ba ang forecast nyo ng peso to the dollar this year po?

we are into importing po kasi.... napakalaking factor kasi ang value ng peso sa dollar sa price ng products namin....

the Bangko Sentral has been working really hard to keep USDPHP above 40

if it wasnt for the BSP USDPHP would already be in the high 30s

[uls]

uh oh

Foxconn freezes recruitment in China - FT.com

Foxconn, the world’s largest contract electronics manufacturer, has imposed a recruitment freeze across almost all of its factories in China as it slows production of Apple’s iPhone 5.

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[uls]

the other major currency being shorted

[uls]

effect of weaker currency

Toyota to Boost Domestic Production in April
Published February 19, 2013
Dow Jones Newswires
TOKYO – Toyota Motor Corp. (7203.TO) has decided to ramp up domestic output in April by around 10% from original plans as sales track higher than expected and the weaker yen helps raise the profitability of exports, The Nikkei reported in its Wednesday morning edition.

Anticipating new-vehicle sales would decline after the end of the eco-car subsidies last year, the automaker had planned to reduce daily output from roughly 14,000 vehicles in the January-March period to some 12,000.

But recent sales have been strong, with the all-new Crown luxury sedan released in December and the Aqua compact hybrid providing a boost. Export conditions to North America have also improved because of the yen's depreciation.

As a result, Toyota will raise daily production for April by around 1,000 vehicles to a little over 13,000, and is considering maintaining that level in May.

The company is seen logging its first nonconsolidated operating profit in five years in fiscal 2012. It will likely hire more seasonal workers to accommodate the production increase.

Toyota projected at the end of last year that domestic sales in 2013 would shrink by 17% to 1.4 million units. But the revised output plans as they stand now would raise that figure by around 50,000 units. Production levels for June and beyond will be decided based on market trends.

Copyright © 2013 Dow Jones Newswires

[uls]

Caterpillar Inc.
Past 3 Months Dealer Statistics

Retail Sales of Machines by marketing region for the 3-month rolling period compared with the same months of the prior year:

------------January 2013 December 2012 November 2012
Asia/Pacific DOWN 12% DOWN 7% UP 2%
EAME* UP 1% UP 4% UP 3%
Latin America UP 3% UP 14% UP 15%
ROW** 0% UP 2% UP 6%
North America DOWN 11% DOWN 6% UP 3%
World DOWN 4% DOWN 1% UP 5%

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[uls]

Foxconn, the world’s largest contract electronics manufacturer, has imposed a recruitment freeze across almost all of its factories in China as it slows production of Apple’s iPhone 5.

[uls]

flight to dollar

[uls]

flight to US treasuries

10 yr note

30 yr bond