23 June, 2014 by The TZ Newswire Staff Comments Off on Why even a bull market isn’t cheering up Wall Street
Why even a bull market isn’t cheering up Wall Street
Brokers make money off of volume and traders make money off of volatility. If there’s little volume and little spread, there’s no money to be made. And right now volatility and volume are going in one direction.
23 June, 2014 by The TZ Newswire Staff Comments Off on Fed gives ‘green light’ for Dow 18K: Siegel
Fed gives ‘green light’ for Dow 18K: Siegel
The Federal Reserve’s reluctance to hike interest rates any time soon is a signal to investors to keep buying stocks, Wharton Professor Jeremy Siegel tells CNBC.
23 June, 2014 by The TZ Newswire Staff Comments Off on Markets Forget The Weekend Is Over In Preparation For Turbo Tuesday
Markets Forget The Weekend Is Over In Preparation For Turbo Tuesday
Overnight exuberance on China PMI (which was entirely opposite China’s Beige Book results) sent stocks to record-er highs but Europe’s dismal PMIs corrected that into the US open. Better-than-expected US data (which under the surface looked anything but) did absolutely nothing to spur exuberance in stocks and aside from a little weakness early, it appeared stocks and bonds forgot the weekend was over as they traded in extremely narrow ranges all day. Trannies were weak (biggest drop in 10 days).
23 June, 2014 by The TZ Newswire Staff Comments Off on Oil impacts on Asia FX so far limited – ANZ
Oil impacts on Asia FX so far limited – ANZ
FXStreet (Guatemala) – ANZ strategists Irene Cheung and Hui Ying Chan noted that we have yet to see…
For more information, read our latest forex news.
23 June, 2014 by The TZ Newswire Staff Comments Off on USD/JPY expect to see a continued narrow range
USD/JPY expect to see a continued narrow range
FXStreet (Guatemla) – USD/JPY is trading at 101.92, down -0.15% on the day, having posted a daily…
For more information, read our latest forex news.
23 June, 2014 by The TZ Newswire Staff Comments Off on Delta, United lead the way in airline fees
Delta, United lead the way in airline fees
U.S. airlines collected $790 million in bag fees in the first quarter of 2013.
23 June, 2014 by The TZ Newswire Staff Comments Off on Commodities tomorrow: Gas prices rise steadily
Commodities tomorrow: Gas prices rise steadily
CNBC’s Jackie DeAngelis discusses the day’s activity in the commodities markets.