23 August, 2015 by The TZ Newswire Staff Comments Off on Japan economy minister Amari: Expects China’s economy to settle down
Japan economy minister Amari: Expects China’s economy to settle down
Comments from Japan economy minister Amari:
– Expect China’s economy to settle down as govt takes steps to manage growth
– Weakness in China’s economy may spread to Asean, other Asian economies so must watch carefully
23 August, 2015 by The TZ Newswire Staff Comments Off on People’s Bank of China (PBOC) sets yuan reference rate at 6.3862
People’s Bank of China (PBOC) sets yuan reference rate at 6.3862
People’s Bank of China (PBOC) sets the USD/CNY mid-point reference rate for today
– Friday’s reference rate was 6.3864
–
Chinese stock markets open at 0130GMT
23 August, 2015 by The TZ Newswire Staff Comments Off on Asia sells-off even as China moves to prop up market
Asia sells-off even as China moves to prop up market
Asian stocks witnessed another sell-off on Monday, tracking the meltdown in global equity markets.
23 August, 2015 by The TZ Newswire Staff Comments Off on Japan PM Abe: Economy in a positive cycle, not in deflation
Japan PM Abe: Economy in a positive cycle, not in deflation
The Abetron speaking in parliament today
Headlines on Bloomberg
More:
– Abenomics has lifted dark, heavy atmosphere from economy
—
From Abe’s forthcoming autobiography (maybe):
23 August, 2015 by The TZ Newswire Staff Comments Off on France train gunman hungry, no terrorist: Lawyer
France train gunman hungry, no terrorist: Lawyer
A gunman who attacked passengers on a high-speed train in France only intended to rob people on board because he was hungry, his lawyer has said.
23 August, 2015 by The TZ Newswire Staff Comments Off on Crude Snaps Below $40 : Gartman Stopped Out Of Oil Long
Crude Snaps Below $40 : Gartman Stopped Out Of Oil Long
It was inevitable.
As we reported first on Friday, the best contrarian indicator the market has ever known, perhaps even better than the legendary FX titan, Tom Stolper, Dennis Gartman recommended clients invest their monopoly money alongside his, in a short gold, long crude trade: one which has lost about 5%on both legs in 24 hours. To wit:
23 August, 2015 by The TZ Newswire Staff Comments Off on Average U.S. gas price steady over past two weeks: Lundberg survey
Average U.S. gas price steady over past two weeks: Lundberg survey
While a rebound in gasoline supply has helped lower prices in California, motorists elsewhere in the country reeled from increases as the largest crude distillation unit of BP PLC’s (BP.L) Whiting, Indiana refinery remained closed for repairs. “From here, big retail gasoline price cuts are very likely, unless crude oil prices reverse course and climb back up to the May and June levels,” said survey publisher Trilby Lundberg in Camarillo, California.