5 March, 2015 by The TZ Newswire Staff Comments Off on The Great Bund Short Slaughter
The Great Bund Short Slaughter
With the world and his cat positioned for spread compression in European peripheral sovereigns ahead of the ECB’s Q€, the natural ‘short’ that weighs on Bunds (against Spain, Italy, Portugal etc.) is being massively squeezed this morning. 10Y Bund yields have ripped 11bps from the start of the ECB press conference… in context, that’s a 25% collapse in yield.
5 March, 2015 by The TZ Newswire Staff Comments Off on Cramer: ECB’s QE is a declaration of trade war
Cramer: ECB’s QE is a declaration of trade war
CNBC’s Jim Cramer also says the euro will trade at parity with the dollar.
5 March, 2015 by The TZ Newswire Staff Comments Off on Cramer: ECB’s QE is a declaration of trade war
Cramer: ECB’s QE is a declaration of trade war
CNBC’s Jim Cramer also says the euro will trade at parity with the dollar.
5 March, 2015 by The TZ Newswire Staff Comments Off on Fed shifts regulatory power away from New York
Fed shifts regulatory power away from New York
The New York Federal Reserve Bank’s regulatory power shifted to a committee in Washington, the WSJ reported on Thursday.
5 March, 2015 by The TZ Newswire Staff Comments Off on Trading Technologies to Serve as Gateway to GMEX Exchange
Trading Technologies to Serve as Gateway to GMEX Exchange
Global Markets Exchange Group, the operator of GMEX Exchange, has selected Trading Technologies as its gateway access provider when the bourse opens in the second quarter.
5 March, 2015 by The TZ Newswire Staff Comments Off on ECB ups growth forecasts; to start QE on March 9
ECB ups growth forecasts; to start QE on March 9
The ECB will commence its monthly 60-billion-euro ($66.3 billion) bond purchases on March 9, bank head Mario Draghi said Thursday.
5 March, 2015 by The TZ Newswire Staff Comments Off on Initial Jobless Claims Surge To 10 Month Highs
Initial Jobless Claims Surge To 10 Month Highs
Following this morning’s dire Challenger Job Cuts data, it appears the hard reality that lower oil prices are not unambiguously good for America is setting in. Initial Jobless Claims surged last week (after a big jump the week before) to 320k (far worse than the 295k expectation) to the highest since May 2014. Continuing Claims also rose.