5 July, 2015 by The TZ Newswire Staff Comments Off on How to protect your portfolio from the Greek crisis
How to protect your portfolio from the Greek crisis
U.S. investors braced for a jump in volatility as European turmoil weighs on the global economy.
5 July, 2015 by The TZ Newswire Staff Comments Off on Volatility, Confusion Reign As PBoC Intervenes: Chinese Stocks Surge Then Tumble
Volatility, Confusion Reign As PBoC Intervenes: Chinese Stocks Surge Then Tumble
“Rainbows always appear after rains,” China’s state media said over the weekend, in a blatant attempt to create the conditions for a self-fulfilling prophecy when the country’s battered equity markets opened for trading on Monday.
China’s brokers and mutual funds each took steps on Saturday to help stabilize the market which has collapsed 30% in just three weeks, thanks in part to a massive unwind in the shadowy world of backdoor margin lending.
5 July, 2015 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: Why Beijing cannot let its bull market die
Craig Stephen’s This Week in China: Why Beijing cannot let its bull market die
Beijing’s actions to save the stock market have not only been mostly ineffective, but they’ve also focused attention on why China is so fearful of an equity correction.
5 July, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: China shares rise after Beijing’s weekend rescue
Asia Markets: China shares rise after Beijing’s weekend rescue
Chinese shares rise early Monday, after Beijing cranks up efforts over the weekend to stem a three-week selloff that has wiped out about $2.4 trillion in value.
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5 July, 2015 by The TZ Newswire Staff Comments Off on Greferendum Caption Contest: Two For The Price Of One
Greferendum Caption Contest: Two For The Price Of One
We were conflicted about today’s choice of a caption contest to summarize what was the most surreal day in modern European history: a day in which one nation voluntarily made the choice to take steps toward a severance of its ties with some 18 other nations through what was recently seen as an “irreversible” currency.
So here are the two choices for today’s caption contest: we leave it up to readers to decide which is more appropriate.
5 July, 2015 by The TZ Newswire Staff Comments Off on Euro, stocks hit by Greek vote; China rebounds
Euro, stocks hit by Greek vote; China rebounds
Japan’s Nikkei (.N225) share index fell 1.4 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.5 percent. While the early price action was choppy across Asia, dealers emphasized that markets were orderly with no signs of financial strain and many assuming the European Central Bank would step in with a pledge of extra liquidity at some point. “A lot depends now on what the ECB does with liquidity support for the Greek banks,” said Antonin Jullier, head of equity trading strategy at Citi.
5 July, 2015 by The TZ Newswire Staff Comments Off on China state media see a ‘rainbow’ after latest steps to stabilize slumping stocks
China state media see a ‘rainbow’ after latest steps to stabilize slumping stocks
China’s state media expressed confidence on Monday that an unprecedented flurry of support measures announced over the weekend would stabilize the country’s slumping stock market. “Rainbows always appear after rains,” said an editorial by the People’s Daily, the mouthpiece of the ruling Communist Party of China. “(China has) the conditions, ability and confidence in maintaining capital market stability,” the newspaper said.