21 June, 2015 by The TZ Newswire Staff Comments Off on Euro strength has nothing to do with Greece: RBS
Euro strength has nothing to do with Greece: RBS
Greg Gibbs, head, APAC Markets Strategy at RBS, says the euro is up against the dollar because of better economic data out of Europe, as well as a weaker greenback.
21 June, 2015 by The TZ Newswire Staff Comments Off on Is This Complacency, Idiocy, Or Both?
Is This Complacency, Idiocy, Or Both?
If one listens to the financial media mavens give their detailed analysis of late, you would have thought the The Onion™ decided to try its hand at TV and radio.
21 June, 2015 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: China’s stock debuts will show if bubble has already burst
Craig Stephen’s This Week in China: China’s stock debuts will show if bubble has already burst
After climbing to dizzying heights, China’s market may be set for a dive.
21 June, 2015 by The TZ Newswire Staff Comments Off on Dollar on defensive after debt yields fall on Greek woes
Dollar on defensive after debt yields fall on Greek woes
The dollar was on the defensive against the yen on Monday, weighed down after U.S. debt yields slid on Greece worries.
21 June, 2015 by The TZ Newswire Staff Comments Off on 3 Stocks That Could Make Huge Moves This Week
3 Stocks That Could Make Huge Moves This Week
A combination of two factors should send these three stocks on a wild ride this week.
21 June, 2015 by The TZ Newswire Staff Comments Off on Bond Trading Revenues Are Plunging On Wall Street, And Why It Is Going To Get Worse
Bond Trading Revenues Are Plunging On Wall Street, And Why It Is Going To Get Worse
Among the renewed Greek drama, many missed a key development in the past week, namely Jefferies Q2 earnings, and particularly the company’s fixed income revenue: traditionally a harbinger of profitability for Wall Street’s biggest source of profit (or at least biggest source of profit in the Old Normal). And while not as abysmal as the 56% collapse in the first quarter, in the three months ended May 31 what has traditionally been the bread and butter of Dick Handler’s operation generated just $153 million in revenue.
21 June, 2015 by The TZ Newswire Staff Comments Off on U.S. share futures leap as Greece offers new reform deal
U.S. share futures leap as Greece offers new reform deal
U.S. stock futures jumped in early Asian trade on Monday after Greek Prime Minister Alexis Tsipras offered a new package of reforms to foreign creditors – a ray of hope for a last-minute deal at the emergency euro zone summit meeting later in the day. U.S. stock futures (ESc1) price rose 0.5 percent from Friday’s close to 2,107.75. U.S. Treasuries futures (TYc1) fell 8.5/32 or 0.2 percentage point in price to 126-10.5/32 as hopes rose, erasing Friday’s nervous gains.