19 August, 2015 by The TZ Newswire Staff Comments Off on China stocks opening indications – Shanghai Comp to open down 1%
China stocks opening indications – Shanghai Comp to open down 1%
Opening indications for Chinese stockmarkets:
– Shanghai Comp to open down 1%
– CSI300 index to open down 1% as well
We got a decent bounce in the Shanghai Comp yesterday afternoon:
19 August, 2015 by The TZ Newswire Staff Comments Off on China Strengthens Yuan By Most In 2 Months Amid Another Massive Liquidity Injection, Stocks Indicated Lower Pre-Open
China Strengthens Yuan By Most In 2 Months Amid Another Massive Liquidity Injection, Stocks Indicated Lower Pre-Open
The PBOC set the Yuan fix 0.08% stronger – the biggest ‘strengthening in 2 months, which is interesting because following The IMF’s confirmation of a delay to Yuan inclusion in the SDR basket to Oct 2016 (pending a year-end decision and aksing for more flexibility), Offshore Yuan forwards notably devalued (shifting 350pips higher to 6.65, the highest/weakest Yuan in a week) pricing a 20 handle (or 3%) devaluation by Au
19 August, 2015 by The TZ Newswire Staff Comments Off on People’s Bank of China (PBOC) sets yuan reference rate at 6.3915
People’s Bank of China (PBOC) sets yuan reference rate at 6.3915
People’s Bank of China (PBOC) sets yuan reference rate 6.3915
– yesterday’s fix was at 6.3963
– yesterday’s close was 6.3955
PBOC has injected 120bn yuan in 7-day reverse repos … 2nd big injection this week. Largest weekly net injection since February.
19 August, 2015 by The TZ Newswire Staff Comments Off on Nomura says China RRR cut ‘still possible’ in August
Nomura says China RRR cut ‘still possible’ in August
From Nomura (note dated August 19):
They say “we believe a 50bp RRR cut is still possible in August”
– PBoC has injected liquidity of RMB110bn via the medium-term lending facility to 14 financial institutions
19 August, 2015 by The TZ Newswire Staff Comments Off on This Upcoming Xbox One Feature Could Give It an Advantage Over the Next Apple TV
This Upcoming Xbox One Feature Could Give It an Advantage Over the Next Apple TV
New DVR functionality will make Microsoft’s console a better alternative to a next-generation Apple TV.
19 August, 2015 by The TZ Newswire Staff Comments Off on New Zealand – ANZ Consumer Confidence Index for August: -3.6% m/m (prior was -5.0%)
New Zealand – ANZ Consumer Confidence Index for August: -3.6% m/m (prior was -5.0%)
New Zealand – ANZ Consumer Confidence Index
-3.6% on the month to 109.8
– prior was -5.0% to 113.9
Comments from ANZ
– Lowest since the middle of 2012
19 August, 2015 by The TZ Newswire Staff Comments Off on Asia walks in, sells USD … EUR, GBP, AUD, NZD all ticking higher
Asia walks in, sells USD … EUR, GBP, AUD, NZD all ticking higher
Some US dollar sellers about as Asia gets underway
EUR, CHF, GBP, AUD, NZD all tricking higher against the USD
Yen is a bit of a laggard (so is the swissie really) …. Having said this … not big moves