{"id":11819,"date":"2010-08-14T18:14:08","date_gmt":"2010-08-14T16:14:08","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/11819\/weekly-fundamentals-oil-down-despite-upgrades-sovereign-risk-woes-loom-as-peripheral-ez-disappoint\/"},"modified":"2010-08-14T18:14:08","modified_gmt":"2010-08-14T16:14:08","slug":"weekly-fundamentals-oil-down-despite-upgrades-sovereign-risk-woes-loom-as-peripheral-ez-disappoint","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/11819\/weekly-fundamentals-oil-down-despite-upgrades-sovereign-risk-woes-loom-as-peripheral-ez-disappoint\/","title":{"rendered":"Weekly Fundamentals &#8211; Oil Down Despite Upgrades. Sovereign Risk Woes Loom as Peripheral EZ Disappoint"},"content":{"rendered":"<p>Concerns about global economic slowdown lingered and showed signs of intensifying last week. At the August FOMC meeting, the Fed downgraded the US economic outlook as &#8216;the pace of recovery in output and employment has slowed in recent month&#8217; and &#8216;the pace of economic recovery is likely to be more modest in the near term than had been anticipated&#8217;. Apart from leaving the Fed funds rate at 0-0.25%, policymakers, in order to support the economic recovery in a context of price stability, decided to keep constant the Fed&#8217;s holdings of securities at their current level (at 2.05 trillion) by reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities (2-year to 10-year bonds).<\/p>\n<div>\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h8-yYh-cZ_w:9RjFuxKKjy8:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h8-yYh-cZ_w:9RjFuxKKjy8:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=h8-yYh-cZ_w:9RjFuxKKjy8:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h8-yYh-cZ_w:9RjFuxKKjy8:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=h8-yYh-cZ_w:9RjFuxKKjy8:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h8-yYh-cZ_w:9RjFuxKKjy8:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h8-yYh-cZ_w:9RjFuxKKjy8:l6gmwiTKsz0\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?a=h8-yYh-cZ_w:9RjFuxKKjy8:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/OngFocus?i=h8-yYh-cZ_w:9RjFuxKKjy8:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/OngFocus\/~4\/h8-yYh-cZ_w\" height=\"1\" width=\"1\" \/><\/p>\n<p>Original post:\u00a0<br \/>\n<a target=\"_blank\" href=\"http:\/\/feedproxy.google.com\/~r\/OngFocus\/~3\/h8-yYh-cZ_w\/\" title=\"Weekly Fundamentals - Oil Down Despite Upgrades. Sovereign Risk Woes Loom as Peripheral EZ Disappoint\">Weekly Fundamentals &#8211; Oil Down Despite Upgrades. Sovereign Risk Woes Loom as Peripheral EZ Disappoint<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Concerns about global economic slowdown lingered and showed signs of intensifying last week. At the August FOMC meeting, the Fed downgraded the US economic outlook as &#8216;the pace of recovery in output and employment has slowed in recent month&#8217; and &#8216;the pace of economic recovery is likely to be more modest in the near term than had been anticipated&#8217;. Apart from leaving the Fed funds rate at 0-0.25%, policymakers, in order to support the economic recovery in a context of price stability, decided to keep constant the Fed&#8217;s holdings of securities at their current level (at 2.05 trillion) by reinvesting principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities (2-year to 10-year bonds). <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11819","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/11819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=11819"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/11819\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=11819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=11819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=11819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}