12 April, 2015 by The TZ Newswire Staff Comments Off on Euro on defensive on yield pressure, Greece concerns
Euro on defensive on yield pressure, Greece concerns
The euro was pressured by the European Central Bank’s stimulus driving interest rates lower in the euro zone and on concerns over Greece.
12 April, 2015 by The TZ Newswire Staff Comments Off on China’s trade figures disappoint ahead of GDP
China’s trade figures disappoint ahead of GDP
China’s exports surprisingly tumbled in March, official data showed on Monday, setting a poor precursor to the closely watched first quarter growth figures due on Wednesday.
12 April, 2015 by The TZ Newswire Staff Comments Off on One Of These Chinese Things Is Not Like The Other
One Of These Chinese Things Is Not Like The Other
China (and Hong Kong) stock markets opened gap higher and kept going (China Merchants Bank up over 20%) as The China Securities Depositary and Clearing Co. (CSDC) announced that investors will no longer be restricted to only one stock account in China’s A-share market and each can have up to 20 accounts from Monday. Which makes perfect sense because what every elementary-school-educated housewife speculator needs is 19 more places to speculate in.
12 April, 2015 by The TZ Newswire Staff Comments Off on Word Bank pares China, East Asia growth forecast
Word Bank pares China, East Asia growth forecast
The World Bank trimmed its 2015-2016 growth forecast for developing East Asia, citing a continued slowdown China.
12 April, 2015 by The TZ Newswire Staff Comments Off on Gold-Backed SDR "Is Quite Likely To Happen", LSE’s Lord Desai Warns
Gold-Backed SDR "Is Quite Likely To Happen", LSE’s Lord Desai Warns
As many are increasingly coming to terms with the ‘obvious failure of fiat currency’, the inevitavble question arises “what next?” Earlier this year, we discussed the possibility of a Chinese- or Russian-currency backed by gold, amid the increasing calls (domestically and
12 April, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Jordan Spieth storms to Masters win
The Wall Street Journal: Jordan Spieth storms to Masters win
Spieth didn’t just win the Masters at the age of 21 — he single-handedly shook the sport out of its post-Tiger Woods doldrums, reports The Wall Street Journal.
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12 April, 2015 by The TZ Newswire Staff Comments Off on Top clicks this week on Abnormal Returns
Top clicks this week on Abnormal Returns
Top clicks this week on the site