11 December, 2014 by The TZ Newswire Staff Comments Off on Despite Rate Hike, Russian Ruble Slumps To New Record Low
Despite Rate Hike, Russian Ruble Slumps To New Record Low
Despite a 100bps rate hike this morning, Russia’s Ruble has slipped lower and now trades 55.8 to the USD – a new record low. The initial surge in the Ruble was quickly sold back as the hike, while in line with surveyed expectations, was below FRA-market-implied levels of 200bps. Goldman believes this will not slow the decline and calls for ‘other tools’ like unsterlized intervention. Russian default risk continues to rise (though still low) back to the highest since April 2009.
11 December, 2014 by The TZ Newswire Staff Comments Off on Aussie dollar falling: Is RBA the real reason?
Aussie dollar falling: Is RBA the real reason?
Dominic Bunning, FX Strategist at HSBC, says the Australian dollar is on a downward trend due to market factors like weak commodities, rather than rhetoric from the RBA.
11 December, 2014 by The TZ Newswire Staff Comments Off on 3 Ways to play GoPro
3 Ways to play GoPro
The Fast Money traders discuss their GoPro strategies, and whether it’s time to stay or go.
11 December, 2014 by The TZ Newswire Staff Comments Off on Should You Believe What They Tell You? Or What You See?
Should You Believe What They Tell You? Or What You See?
11 December, 2014 by The TZ Newswire Staff Comments Off on GOP To "Roll The Dice" With Cromnibus Vote In Minutes, "No Official Plan B"
GOP To "Roll The Dice" With Cromnibus Vote In Minutes, "No Official Plan B"
With just over 3 hours left until a completely unexpected government shutdown, what was supposed to be a token vote (as we called it), ended up being yet another debacle for House republicans under Boehner, when it turned out – literally in the last second – that the republicans do not have the required votes.
So here is what happens next:
NEWS: HOUSE REPUBLICANS WILL ROLL THE DICE, VOTE ON THE CROMNIBUS. MOVE TO THREE-MONTH STOP-GAP BILL IF IT FAILS.
11 December, 2014 by The TZ Newswire Staff Comments Off on Beyond the iPhone 6: Why 2015 Will Be a Crucial Year for Apple Stock
Beyond the iPhone 6: Why 2015 Will Be a Crucial Year for Apple Stock
Apple Pay and Apple Watch will be crucial when it comes to evaluating the company’s ability to innovate and thrive after Steve Jobs.
11 December, 2014 by The TZ Newswire Staff Comments Off on Cramer: This stock is on a major turnaround
Cramer: This stock is on a major turnaround
It could be a real Grand Slam, says Mad Money host Jim Cramer.