23 August, 2015 by The TZ Newswire Staff Comments Off on China OKs pension funds to pour $97B into market
China OKs pension funds to pour $97B into market
China on Sunday allowed pension funds managed by local governments to invest in the stock market for the first time.
23 August, 2015 by The TZ Newswire Staff Comments Off on Futures Stumble Out Of The Gate, Slide 0.6% On Lack Of Chinese RRR Cut: What Happens Next?
Futures Stumble Out Of The Gate, Slide 0.6% On Lack Of Chinese RRR Cut: What Happens Next?
On Friday, ahead of the closing stock rout, we forecast that the biggest risk for anyone staying long over the weekend was a disappointment out of China, where the sellside had gotten so excited that a 50-100bps RRR cut was imminent, that the lack of one would surely send futures sliding.
As noted earlier, everyone is expecting a 50-100 bps RRR cut this weekend. The risk is there isn’t one http://t.co/oU5t45ERWw
23 August, 2015 by The TZ Newswire Staff Comments Off on Summers says the if Fed raises rates this year it will threaten all its major objectives
Summers says the if Fed raises rates this year it will threaten all its major objectives
Former US Treasury secretary and one of the two front-runners for the Federal Reserve chair position (losing out to Janet Yellen) Larry Summers has a piece up in the Financial Times.
23 August, 2015 by The TZ Newswire Staff Comments Off on Marc Faber: The Global Economy Is Entering An Epic Slump
Marc Faber: The Global Economy Is Entering An Epic Slump
Famed investor and author of the Gloom, Doom, Boom Report, Marc Faber, returns to the podcast this week to discuss the slowdown in the global economy, signs of which he claims are multiplying fast all around the world.
23 August, 2015 by The TZ Newswire Staff Comments Off on The World Explained (In 2 Cartoons)
The World Explained (In 2 Cartoons)
23 August, 2015 by The TZ Newswire Staff Comments Off on Big falls in Middle East stock markets on Sunday. Chicken or egg?
Big falls in Middle East stock markets on Sunday. Chicken or egg?
You’ll read about the place today that Middle East stock exchanges fell heavily on Sunday
A couple of things to note about Middle East markets
– Dubai and Saudi markets, for example, open for trade Sunday – Thursday (inclusive) local time.
Falling oil prices have weighed on these markets, and continues to do so
23 August, 2015 by The TZ Newswire Staff Comments Off on What is coming up from the APac timezone today … RBNZ speaker for one …
What is coming up from the APac timezone today … RBNZ speaker for one …
I usually refer to this as the Asian timezone, but maybe APac ins better
Does APac stand for Australia-Pacific or Asia-Pacific, though? You know where my vote would be, but then again I am biased 😀