19 August, 2015 by The TZ Newswire Staff Comments Off on September US rate hike? Fuggedaboudit says BNP
September US rate hike? Fuggedaboudit says BNP
BNP reckon the Minutes from the July FOMC meeting () severely damaged the chances of rate lift-off in September
unleashed early last night
“The Committee is increasingly convinced that the labour market is near
or very close to where it needs to be to justify liftoff, but not
confident on the inflation outlook. The subsequent Chinese devaluation
and weak commodity prices will not have helped the Committee’s
confidence in their inflation outlook,” BNPP notes.
19 August, 2015 by The TZ Newswire Staff Comments Off on These Stocks Just Raised Their Dividends
These Stocks Just Raised Their Dividends
A specialty healthcare REIT joins a pair of offbeat stocks to make up our trio of dividend lifters this week.
19 August, 2015 by The TZ Newswire Staff Comments Off on Echoes Of 1997: China Devaluation "Rekindles" Asian Crisis Memories, BofA Warns
Echoes Of 1997: China Devaluation "Rekindles" Asian Crisis Memories, BofA Warns
In “Currency Carnage: Gross Warns On ‘Fakers And Breakers’; Morgan Stanley Tells Asia To Watch Its REER,” we outlined which Asia ex-Japan economies faced the biggest risk from China’s decision to devalue the yuan.
Broadly speaking, a weaker yuan will likely cause regional economies to suffer a loss of export competitiveness in combination with decreased demand for their products on the mainland.
19 August, 2015 by The TZ Newswire Staff Comments Off on Aug 20 – Fed Minutes: Conditions For Rate Hike Approaching Hike….
Aug 20 – Fed Minutes: Conditions For Rate Hike Approaching Hike….
EMOTION MOVING MARKETS NOW: 11/100 EXTREME FEAR
PREVIOUS CLOSE: 14/100 EXTREME FEAR
ONE WEEK AGO: 10/100 EXTREME FEAR
ONE MONTH AGO: 36/100 FEAR
ONE YEAR AGO: 32/100 FEAR
19 August, 2015 by The TZ Newswire Staff Comments Off on Crude Tumbles To 6-Year Low As Supplies Rise
Crude Tumbles To 6-Year Low As Supplies Rise
Oil plunged to the lowest level in more than six years in New York after a government report showed that U.S. crude stockpiles unexpectedly increased. West Texas intermediate slipped 4.3%, the most in six weeks, after the Energy Information Administration said crude supplies rose 2.62 million barrels last week. An 820,000-barrel stockpile decline was projected by analysts surveyed by Bloomberg.
19 August, 2015 by The TZ Newswire Staff Comments Off on Expectations For Rate Hike Ebb, Pushing Treasuries Up
Expectations For Rate Hike Ebb, Pushing Treasuries Up
Treasuries gained, pushing two-year yields down the most in more than two weeks, as minutes from the Federal Reserve’s July meeting damped expectations for an interest-rate increase next month. Most officials “judged that the conditions for policy firming had not yet been achieved, but they noted that conditions were approaching that point,” according to the account of the July session, released Wednesday.
19 August, 2015 by The TZ Newswire Staff Comments Off on Oil’s slump will end in panic liquidation: Gartman
Oil’s slump will end in panic liquidation: Gartman
Oil’s bear market will end once several bankruptcies hit and acquisitions occur, Dennis Gartman said Wednesday.