My picks: Long USD; Short AUD, NZD and CAD Expertise: Global Macro Average Time Frame of Trades: 1 weekInvestor's aversion towards risk-taking combined with uncertainty concerning the outlook of the global economy remain key drivers of long term trends
in the currency market.
HOUSTON, March 23 /PRNewswire/ -- With many operators becoming increasingly concerned with long-term rig availability and world oil consumption continuing to grow at a dramatic rate, the offshore drilling market is forecast to continue to grow until 2008, according to the new edition of ODS-Petrodata's World Rig Forecast - Long Term Trends.
The ODS-Petrodata World Rig Forecast - Long Term Trends projects increased backlog in all six of the world's major rig markets, with floating rig demand expected to increase by 30 percent in the African region over the next five years, and a potential under supply of jackups developing in the Asia Pacific region.
The latest edition of the World Rig Forecast - Long Term Trends also forecasts a continuing increase in offshore rig day rates through the first quarter of 2006 in most offshore drilling markets, followed by a period of stability.
PART I: WHAT YOUR FUTURE WILL LOOK LIKE: 5 LONG TERM TRENDS
AND HOW YOU CAN PROFIT OR PROTECT YOURSELF.
sector of the Gulf of Mexico, will experience a slow decline in rig demand following a short-lived rally, according to the latest World Rig Forecast: Long Term Trends Report from leading offshore industry analyst ODS-Petrodata.
Elsewhere in the world, a decline in offshore rig activity in West Africa is actually a precursor to several years of expected steady growth, and the Long Term Trends analysis indicates that the Middle East offshore rig count will head higher before flattening out.
This report identifies the underlying long term trends
in the industry and their implications for future energy demand and consumption.
The report, which also includes Fitch's views on the overall credit quality of future flows and comments on long term trends
in the industry, is available on the Fitch Ratings web site at www.
While it is not possible to forecast specific hurricane tracks several days in advance, the state of the art does provide sufficient skill to anticipate long term trends
and potential paths in this 0-10 period for energy market positioning.
In his new book, "InfoCommerce: Internet Strategies for Database Publishers," Perkins identifies short and long term trends
and challenges facing database publishers today and offers strategies for turning these challenges into profitable opportunities.
Powerful database capabilities, inherent in the PROGNOSIS architecture, can be used to maintain a history of system availability, from which long term trends
can easily be identified.