BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Oil exporting countries may become biggest U.S. Government creditors]]>http://www.bloggingstocks.com/2008/07/14/oil-exporting-countries-may-become-biggest-u-s-government-credi/http://www.bloggingstocks.com/2008/07/14/oil-exporting-countries-may-become-biggest-u-s-government-credi/http://www.bloggingstocks.com/2008/07/14/oil-exporting-countries-may-become-biggest-u-s-government-credi/#commentsFiled under: , , , , ,

Oil's four-year bull run to +$140 per barrel has increased the wealth of 'petrodollar' nations, and is about set to propel another shift, this time in the bond market.

Petroleum-exporting nations, such as Saudi Arabia and Russia are set to become the biggest creditor nations to the U.S. Government, Bloomberg News reported Monday.

Holdings of petrodollar nations increased 44% to $510 billion through April, Bloomberg News reported Monday -- an increase pace that's set to displace Japan, which holds the largest amount of U.S. Treasuries, at $592.2 billion.

Oil rose about 20 cents to $145.28 per barrel in late Monday afternoon trading.

Continue reading Oil exporting countries may become biggest U.S. Government creditors

Oil exporting countries may become biggest U.S. Government creditors originally appeared on BloggingStocks on Mon, 14 Jul 2008 17:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gasoline pricesoiloil pricesoil shockOPECpetrodollarspetronationsRussiaSaudi Arabiatrade deficitU.S. GovernmentU.S. TreasuriesMon, 14 Jul 2008 17:15:00 EST<![CDATA[Russia to invest in Fannie Mae, Freddie Mac bonds]]>http://www.bloggingstocks.com/2008/02/21/russia-to-invest-in-fannie-mae-freddie-mac-bonds/http://www.bloggingstocks.com/2008/02/21/russia-to-invest-in-fannie-mae-freddie-mac-bonds/http://www.bloggingstocks.com/2008/02/21/russia-to-invest-in-fannie-mae-freddie-mac-bonds/#commentsFiled under: , , ,

In a development likely to be warmly-received by international finance and stock markets, Russia announced Thursday it will buy Fannie Mae and Freddie Mac bonds through its sovereign wealth funds, Russia's Finance Ministry said and Bloomberg News reported.

Russia will invest money from its Reserve Fund and National Wellbeing Fund into 15 government bond funds in Europe and the United States, including those in Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). Russia will also purchase government bonds in the U.K., Germany, France, Austria, Canada, and the Netherlands, Bloomberg News reported.

Both Fannie, down 56 cents $29.27, and Freddie, down 80 cents to $27.94, moved lower Thursday afternoon; however it should be noted that the declines occurred during a broad market sell-off, with the Dow down 159 points to 12,267.

Continue reading Russia to invest in Fannie Mae, Freddie Mac bonds

Russia to invest in Fannie Mae, Freddie Mac bonds originally appeared on BloggingStocks on Thu, 21 Feb 2008 16:44:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bond marketChinacredit crunchcredit marketsE.U.EuropeFannie MaeFNMFREFreddie Macglobal economyglobal growthMiddle Eastmortgage backed securitiesoilpetrodollarsPutinsovereign wealth fundssubprime defaultssubprime mortgageThu, 21 Feb 2008 16:44:00 EST<![CDATA[Saudi Arabia discloses plans for its first sovereign wealth fund]]>http://www.bloggingstocks.com/2008/01/24/saudi-arabia-earmarks-6-billion-to-launch-its-first-sovereign-w/http://www.bloggingstocks.com/2008/01/24/saudi-arabia-earmarks-6-billion-to-launch-its-first-sovereign-w/http://www.bloggingstocks.com/2008/01/24/saudi-arabia-earmarks-6-billion-to-launch-its-first-sovereign-w/#commentsFiled under: , ,

Make that two positive data points for the markets and the international financial system on Wednesday.

Shortly after word broke that regulators at the New York State Insurance Department met Wednesday with U.S. banks to discuss raising new capital for bond insurers, Saudi Arabia announced that it plans to start its first sovereign wealth fund with about $6 billion, Bloomberg News reported Wednesday.

Saudi Arabia, the world's largest oil producer and holder of proven oil reserves, said the new fund would probably invest primarily in equities, Bloomberg News reported.

Petrodollar wealth

Like many Persian Gulf states, and other oil producers, Saudi Arabia has seen a surge in petrodollars amid oil's more-than-80% increase in price during the past three years. Most analysts say Saudi Arabia can pump oil profitably for about $3-$5 per barrel. Oil closed Wednesday down $2.22 to $86.99 on renewed concerns of moderating oil demand growth, due to the likely U.S. economic slowdown.

Continue reading Saudi Arabia discloses plans for its first sovereign wealth fund

Saudi Arabia discloses plans for its first sovereign wealth fund originally appeared on BloggingStocks on Thu, 24 Jan 2008 08:44:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CCitigroupforeign investmentForeignInvestmentinthenewsMERMerrill Lynchoiloil pricespetrodollarsSaudi Arabiasovereign investment fundsThu, 24 Jan 2008 08:44:00 EST<![CDATA[Persian Gulf oil wealth: $44 trillion, and rising]]>http://www.bloggingstocks.com/2007/11/20/persian-gulf-oil-wealth-44-trillion-and-rising/http://www.bloggingstocks.com/2007/11/20/persian-gulf-oil-wealth-44-trillion-and-rising/http://www.bloggingstocks.com/2007/11/20/persian-gulf-oil-wealth-44-trillion-and-rising/#commentsFiled under: , , , , ,

Most investors and readers are aware of the subprime mortgage-driven credit market slump. Lending to potential customers has declined substantially, from typical homebuyers to large corporations.

To be sure, the credit markets are not frozen, as they appeared to be during the August 2007 credit crunch and accompanying equity market sell-off, but lending requirements are much more rigorous today, following large subprime investment losses.

Speculative deals -- be it a large debt offering backed by mortgages, or a mortgage for a condominium project -- are not being approved. Two years or so ago, flush with cash and eager to take advantage of the yield spread, these type of deals undoubtedly would have received multiple funding offers from banks, mortgage companies, and other investment firms.


Continue reading Persian Gulf oil wealth: $44 trillion, and rising

Persian Gulf oil wealth: $44 trillion, and rising originally appeared on BloggingStocks on Tue, 20 Nov 2007 17:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bond marketbondscollateralized debt obligationscredit crunchcredit marketDBDeutsche BankEnergy Information AdministrationMorgan StanleyMSoiloil pricesoil wealthOPECPersian Gulfpetrodollarssubrprimesuprime mortgagesventure capitalTue, 20 Nov 2007 17:20:00 EST