19 August, 2015 by The TZ Newswire Staff Comments Off on Nikkei 225 posts new session lows of 20,060.41
Nikkei 225 posts new session lows of 20,060.41
Nikkei turning lower after 20246.47 highs earlier
– currently 20080.43
– -140.17
– -0.69%
– USDJPY 123.97 near session highs still in tight range
19 August, 2015 by The TZ Newswire Staff Comments Off on Turkey’s Davutoglu says no need for concern on lira
Turkey’s Davutoglu says no need for concern on lira
Turkish PM on the wires from an interview given yesterday. Note correction to my original headline
– it’s a reflexive reaction
– no negative trend in Turkey’s credit rating
Fiddling while Istanbul burns methinks
19 August, 2015 by The TZ Newswire Staff Comments Off on Option expiries 10am NY cut today 20 August
Option expiries 10am NY cut today 20 August
USDJPY 123.75 (USD 510m) 123.90 (145m) 124.85 (810m) 125.00 (453m)
– EURUSD 1.1030-40 (299m)1.1095 (247m)
– GBPUSD 1.5810 (130m)
– USDCAD 1.3000 (USD 346m) 1.3100 (105m) 1.3150 (160m) 1.3190 (160m)
19 August, 2015 by The TZ Newswire Staff Comments Off on Oil edges near $40, levels not seen since crash
Oil edges near $40, levels not seen since crash
Squawk Box Live in Europe will give you analysis on the oil markets, which have seen further downward pressure Thursday.
19 August, 2015 by The TZ Newswire Staff Comments Off on Fed’s Kocherlakota says low real interest rates pose instability risks
Fed’s Kocherlakota says low real interest rates pose instability risks
Minneapolis Fed president speaking at an event held by Bank of Korea
– higher inflation target could mitigate financial stability risk
– could also be costly because it may cause greater dispersion and weaken Fed credibility
Kocherlakota does not vote on the FOMC this year and is due to retire so comments are of less note and similar to a speech given in July in Frankfurt
19 August, 2015 by The TZ Newswire Staff Comments Off on Asian shares slide; dollar loses edge on Fed minutes
Asian shares slide; dollar loses edge on Fed minutes
Concerns about slowing growth in China sent Asian shares to two-year lows and pressured oil prices on Thursday while minutes from the U.S. Federal Reserve’s July meeting dented expectations for a rate hike in mid-September. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 1.1 percent, with Hong Kong’s Hang Seng Index (.HSI) falling as much as 2.0 percent at one point to an 8-month low. Japan’s Nikkei (.N225) fell 0.7 percent.
19 August, 2015 by The TZ Newswire Staff Comments Off on California prosecutors say Uber’s background checks missed convicts
California prosecutors say Uber’s background checks missed convicts
California prosecutors have broadened their civil lawsuit against popular online ride-sharing service Uber, alleging that its background checks missed people previously convicted of murder and sex crimes, court records show. The district attorneys of San Francisco and Los Angeles filed an amended complaint against Uber Technologies Inc on Tuesday, which said “systemic failures in Uber’s background check process” came to light after their initial December filing.