19 August, 2015 by The TZ Newswire Staff Comments Off on Switzerland trade balance July CHF +3.47bln vs +3.51bln prev
Switzerland trade balance July CHF +3.47bln vs +3.51bln prev
Softer Swiss trade data just out
– prev revised down fromn +CHF 3.58bln
– exports real mm -1.7% vs -0.7% prev from -0.9%
– imports real mm -2.5% vs +2.5% prev from +2.2%
CHF strength understandably making an impact on trade balance but numbers still steady this year after initial post-SNB dip
19 August, 2015 by The TZ Newswire Staff Comments Off on German PPI July mm 0.0% as exp
German PPI July mm 0.0% as exp
Latest PPI data offering no clues
– -0.1% prev
– yy -1.3% as exp vs -1.4% prev
Euro giving up a few gains as Europe gets underway
EURUSD 1.1125 EURGBP 0.7095 EURJPY 137.96
19 August, 2015 by The TZ Newswire Staff Comments Off on Nikkei closes down -0.94 % at 20,0 33.52
Nikkei closes down -0.94 % at 20,0 33.52
The index lower into the close but leaves USDJPY unfazed
– -189.11
– open 20194.26
– high 20246.47
– low 20033.29
– USDJPY 123.97
19 August, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Asian shares fall; Hong Kong enters a bear market
Asia Markets: Asian shares fall; Hong Kong enters a bear market
A cloudy outlook on the timing of a rise in U.S.
19 August, 2015 by The TZ Newswire Staff Comments Off on Could China’s CO2 emissions be less than we thought?
Could China’s CO2 emissions be less than we thought?
Scientists may have been overestimating China’s emissions of carbon dioxide by more than 10 percent, the New York Times reports.
19 August, 2015 by The TZ Newswire Staff Comments Off on Bank of Spain has bent ECB rules to favour its own banks
Bank of Spain has bent ECB rules to favour its own banks
So says German paper Handelsblatt in an article published today and just out on Bloomberg
BOS have declined to comment
No further detail at present
Update:
Handelsblatt claim that the BOS repeatedly stretched ECB rules for what securities that banks can use as collateral for ECB funds
19 August, 2015 by The TZ Newswire Staff Comments Off on Data coming up in this session 20 August
Data coming up in this session 20 August
Greetings one and all
So the
FOMC Minutes get leaked and the timing of interest rate hikes gets pushed back. No surprises there for me as per the many comments I’ve made here over the past few months