«Market Leader» - news and previews making you rich.
Foreign exchange market 
Bernanke Says It’s Premature To Curtail QE
EURUSD: Rapid Decline and Consequences
FBS: Beneficial Affiliate Program
Jeroen Dijsselbloem’s Prophesy Starts Coming True
NZDUSD: NZ Dollar Weakens For 4 Weeks
MasterForex-V: +25% a Month on Cent Account
Bernanke Says It’s Premature To Curtail QE
EURUSD: Rapid Decline and Consequences
FBS: Beneficial Affiliate Program
Jeroen Dijsselbloem’s Prophesy Starts Coming True
NZDUSD: NZ Dollar Weakens For 4 Weeks
MasterForex-V: +25% a Month on Cent Account
Stock and commodities markets
Japanese Stock Market Goes Red Amid Stronger Yen
Gazprom Sees Income Decline. Possible Threats For Russia?
European Stock Indices Go Red
Apple Is Planning To Patent Social Camera Flash
US Stock Indices Show Weak and Multidirectional Dynamics
Asian-Pacific Indices Go Red
Japanese Stock Market Goes Red Amid Stronger Yen
Gazprom Sees Income Decline. Possible Threats For Russia?
European Stock Indices Go Red
Apple Is Planning To Patent Social Camera Flash
US Stock Indices Show Weak and Multidirectional Dynamics
Asian-Pacific Indices Go Red
Business And Politics News
The National Interest: Romney Says Russia Is USA’s №1 Foe. Is I t Rue?
FBS: FX Bazooka – Analytical Portal of New Generation
Schools of Managers: Why Brokers Need Successful Managing Traders
The Washington Post On European Crisis and Euro
Trust In EU Declines. Will Euro Collapse?
ForexContest 2013 – New Contest, New Opportunities
The National Interest: Romney Says Russia Is USA’s №1 Foe. Is I t Rue?
FBS: FX Bazooka – Analytical Portal of New Generation
Schools of Managers: Why Brokers Need Successful Managing Traders
The Washington Post On European Crisis and Euro
Trust In EU Declines. Will Euro Collapse?
ForexContest 2013 – New Contest, New Opportunities
 |
 |
Market Leader Free Newsletter
Stock and commodities markets
British Media Say Gazprom Threatens UK’s National Security
09 August 05:38 PM
More British newspapers and internet sources write that Gazprom, a Russian oil and NG giant, threatens the national security of the United Kingdom. According to Jeremy Warner, an observer for The Independent, reminds us that Gazprom’s share in the British NG market is only 2%. However if the Russian giant purchases Centrica, they will instantly reorient it towards importing only Russian natural gas. In short-term perspective, this will have a positive impact in the form of lower NG prices form British consumers. The situation with Ukraine, however, shows that even though the UK welcomes foreign investors, it is high time to think about national security, the observer says.
Why Does GB Dislike Gazprom?
Most West-European countries are suspicious of Russia and its NG giant Gazprom (as well as its policies). The Russian authorities do not conceal that they want to conquer at least 30% of the European market of natural gas. That is the reason why they keep building the “South Stream” and “North Stream” pipelines, pursuing flexible pricing policies and buying foreign assets (including NG companies, storages and parts of the infrastructure).
Obviously, Europeans aren’t happy with Russian investors’ expansion. After a few NG “wars” with Ukraine and Belarus, Gazprom is treated as the Kremlin’s weapon in foreign relations.
This is when the notion “energy security” was introduced. Then Brussels started working out a pure “anti-Russian Act” – European countries unanimously started looking for alternative sources of energy. Obviously, European mass media published unpleasant articles about Gazprom’s intensions. Somehow, the UK came up with the strongest criticism of Gazprom. Some expert thought Great Britain would become the major outpost on Gazprom’s way. However, Gazprom took aim at the UK and… Yet there are several reasons for that:
Great Britain is a major European NG producer itself. That is why Russia and its NG giant are viewed as a major rival.
A decade ago, the UK was Europe’s 2nd biggest NG producer thanks to its deposits in the North Sea. Norway comes 3rd. Now they are competing for the 2nd place. Nevertheless, even during the best time for British NG companies, Gazprom produced 5 times as much natural gas as them. Therefore, the UK had to resist Gazprom’s intensions by all means.
UK Against Gazprom: Any Means To An End
In late 2005, the media started spreading rumors about Gazprom’s intensions to buy Centrica, the major UK distributor of gas to British households and the biggest electricity supplier in GB. The news came as a shock. The very thought of Gazprom controlling energy supply to their homes, shocked the British.
The UK immediately started an info campaign against Gazprom. In 2006, several representatives of the British Parliament met with Gazprom officials but they failed to agree. After that the House of Commons forbidden the owners of Centrica to sell it. That was the first attempt to prevent Gazprom’s expansion.
Gazprom’s stock:
According to Masterforex-V Academy, Gazprom’s stock is trading around a strong level of support, which was the starting point of multiple price rallies (just look at the chart below). Analysts’ long-term forecasts are bullish. The stock market experts of Masterforex-V Academy assume that Gazprom’s stock may be included in your investment portfolio. The optimal investment period is 6 months or more. The price targets are 170,195. The risk scenario includes poorer fundamentals shown by Gazprom itself or by the Russian economy in general.
Eventually, The UK had to compromise because the domestic production of natural gas keeps declining every year while the UK is Europe’s biggest consumer of NG (together with Germany).
The NG deposits in the North Sea are being exhausted. The production volume has been declining since 2005.
In 2009, Great Britain agreed to import Russian natural gas but the supplies should exceed 4% of the domestic needs.
In 2001, British NG companies produced only 45.3 Bcf, which wasn’t enough to satisfy the domestic demand.
Not so long ago, Gazprom promised to double the capacity of the “North Stream” pipelines. One of the new pipelines may reach the UK. Gazprom officials say both the British authorities and corporations are interested in the project and the final decision will be made in late 2012.
Anyway, for now, the UK imports more Russian gas than, for example, Poland. If Gazprom’s ambitious plans finally come true, the UK will become dependent on Russian natural gas.
Market Leader and Masterforex-V Academy would appreciate if you could participate in a survey. Please, visit the Academy’s forum for traders and investors and answer the following question:
Do you think the UK will participate in the “North Stream” project?
You are free to discuss this article here: forum for traders and investors
Japanese Stock Market Goes Red Amid Stronger Yen
The current strengthening of the Japanese Yen seems to be the major reason for today’s decline seen in the Japanese stock market. This is the biggest daily decline in 2 years.
Publication date: 23 May 06:18 AM
Gazprom Sees Income Decline. Possible Threats For Russia?
Negative forecasts for Gazprom’s future have become a routine for analysts and strategists from around the world, including Russia, China, Great Britain and the USA. While some of them can be treated as a means of info wars, most doomsday predictions are so old that they shouldn’t be considered seriously by market participants.
Still, there are some objective negative tendencies and factors. In particular, Gazprom has recently seen an income decline. What are the reasons behind it and what are the threats to the Russian energy-dependent economy?
Publication date: 22 May 08:06 AM
European Stock Indices Go Red
European stock indices are trading in the red zone in advance of the forthcoming EU summit and US economic reports. European leaders are planning to discuss the ways and means to fight tax laundering.
Publication date: 22 May 07:24 AM
Apple Is Planning To Patent Social Camera Flash
A couple of days ago Apple, the famous tech giant, applied for another patient. This time the tech corporation is planning to patient the so-called “social camera flash”.
Publication date: 21 May 03:19 PM
US Stock Indices Show Weak and Multidirectional Dynamics
US stock indices are trading without any major moves as they cannot find common dynamics. Yesterday, Standard & Poor's 500 dropped down to the local low, which can affect other stock indices. However, most indices are currently trading in the green zone.
Publication date: 21 May 03:04 PM
Asian-Pacific Indices Go Red
Asian-Pacific stock indices closed today’s Asian trading session in the red zone. Yesterday, indices reached their 5-year highs. Therefore, today’s retracement looks neutral.
Publication date: 21 May 09:01 AM
European Stock Indices Go Red On Poor Reports
European stock indices are trading in the red zone today amid weak quarterly reports published by several European companies.
Publication date: 21 May 07:57 AM
Brent Comes Close To $105/b.
On Monday, Brent oil was trading around $105/b, taking into account positive economic stats and stock market growth along with moderate forecasts for oil demand and stocks.
Publication date: 20 May 05:54 PM
Investors Should Get Ready For Further Monetary Stimuli
Lower inflation in the UK amid brighter prospects of the British economy may well give the Bank of England a few extra weapons in its arsenal of economic stimuli. This is what Martin Weale, an MPC member, thinks on the issue.
Publication date: 20 May 05:22 PM
European Stock Indices Break Records
European stock indices have started this trading week positively and are currently trading in the green zone. Some indices keep making new 5-year highs.
Publication date: 20 May 08:55 AM