1 May, 2014 by The TZ Newswire Staff Comments Off on AUD/NZD falls to 1.0730, 4-week low
AUD/NZD falls to 1.0730, 4-week low
FXStreet (Córdoba) – The AUD/NZD lost ground for the second day in a row, finished hovering around…
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1 May, 2014 by The TZ Newswire Staff Comments Off on China not yet at a turning point – Nomura
China not yet at a turning point – Nomura
FXStreet (Bali) – On the back of a slight miss in the official Chinese PMI on Thursday, up…
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1 May, 2014 by The TZ Newswire Staff Comments Off on Investors Rotate From Small Caps Into Bonds Ahead of Nonfarm Payrolls
Investors Rotate From Small Caps Into Bonds Ahead of Nonfarm Payrolls
Today’s financial recap and tomorrow’s financial outlook.
1 May, 2014 by The TZ Newswire Staff Comments Off on KKR opens doors to the masses
KKR opens doors to the masses
Once upon a time—14 years ago, to be exact—tech investing was a mania that consumed the nation. The game was fueled in no small part by one ridiculous initial public offering after…
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1 May, 2014 by The TZ Newswire Staff Comments Off on Baker: Here’s the prescription to fix unemployment
Baker: Here’s the prescription to fix unemployment
“We’ve seen this upward distribution of income, and we’ve seen a lot of bad jobs being created,” says Dean Baker, co-founder of the Center for Economic and Policy Research.
1 May, 2014 by The TZ Newswire Staff Comments Off on Treasury Yields Tumble To 11-Month Lows; Stocks Hold Near Record Highs
Treasury Yields Tumble To 11-Month Lows; Stocks Hold Near Record Highs
It was not a Tuesday, and it was not a Fed day – so stocks closed red. Volume was dismal. The Russell 2000 tested its 200DMA once again (and bounced) but was unable to sustain that strength, ending notably weak today. Once again the biggest news was the continued collapse in Treasury yields as a combination of massive spec positioning short “because rates have to go up” and the ugly reality of macro weakness combined to send rates to 2014 lows (and 11-month lows for 30Y yields). The Dow’s weakness meant it lost its gains for 2014.
1 May, 2014 by The TZ Newswire Staff Comments Off on Expedia jumps after earnings beat expectations
Expedia jumps after earnings beat expectations
Expedia shares rallied Thursday after the travel website posted earnings and revenue that exceeded Wall Street expectations.