8 September, 2014 by The TZ Newswire Staff Comments Off on China Hits ‘Inflow’ Panic Button- Strengthens Yuan Fixing By Most In 4 Years
China Hits ‘Inflow’ Panic Button- Strengthens Yuan Fixing By Most In 4 Years
The PBOC strengthened the CNY fixing by over 0.3% today – its biggest fixing move since June 2010 as the Yuan strengthens to 6-month highs against the USD. This seeming ‘panic’ move comes on the heels of last night’s record trade surplus – which as Goldman notes – was likely dominated by FX inflows thanks to over-invoicing.
8 September, 2014 by The TZ Newswire Staff Comments Off on Monday Market Wrap
Monday Market Wrap
8 September, 2014 by The TZ Newswire Staff Comments Off on Dot Com Bubble 2.0 By The Numbers
Dot Com Bubble 2.0 By The Numbers
8 September, 2014 by The TZ Newswire Staff Comments Off on Spot The Ticking Time-Bomb
Spot The Ticking Time-Bomb
One of these things is not like the other…
While fundamentals long ago lost any validity with regard the nominal level and risk of US equities, a disconnect in global asset-class volatility cannot last long in a globally-interconnected carry-trading world…
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8 September, 2014 by The TZ Newswire Staff Comments Off on Twitter begins testing ‘buy’ button
Twitter begins testing ‘buy’ button
Twitter says it has begun testing a “buy” button feature that would let users make purchases directly from a tweet.
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8 September, 2014 by The TZ Newswire Staff Comments Off on Home Depot confirms security breach following Target data theft
Home Depot confirms security breach following Target data theft
Home Depot Inc confirmed on Monday its payment security systems have been breached, a data theft analysts warn could rival Target Corp’s massive breach last year. Home Depot said the data theft could impact its customers in stores across the United States and Canada, but there was no evidence that online customers were affected or debit personal identification numbers (PINs) were compromised. The breach was first reported by security website KrebsOnSecurity almost a week ago. It said the problem could extend back to April and affect all of Home Depot’s 2,200 stores in the United States.
8 September, 2014 by The TZ Newswire Staff Comments Off on Dollar jumps on yen, gives Japanese stocks a lift
Dollar jumps on yen, gives Japanese stocks a lift
A falling yen tends to be viewed as positive for Japanese exporters and corporate profits, and helped lift the Topix (.TOPX) 0.5 percent to 1,305. Despite market concerns over China’s economy, stocks there have been buoyed by talk of more stimulus and reform measures. Investors were now eagerly awaiting the launch of new products by Apple (AAPL.O) later on Tuesday in a much-hyped event at Cupertino, California.