25 August, 2015 by The TZ Newswire Staff Comments Off on China’s equity market extend gains into the afternoon session 26 August
China’s equity market extend gains into the afternoon session 26 August
Back from lunch and making further gains
– Shanghai Comp Index +3.%
– CS1300 Index +3%
– Nikkei extending gains to 18382.78 , +3%
We can expect more volatility but it’s encouraging move so far for equity bulls
25 August, 2015 by The TZ Newswire Staff Comments Off on Data coming up in this session 26 August
Data coming up in this session 26 August
Greetings one and all,
I hope your week is going well
Jury still out on the direction of equity markets today. Late US falls being shrugged off at the moment by China/Japan but let’s see where they close/Europe open
25 August, 2015 by The TZ Newswire Staff Comments Off on Rout latest: Shanghai seesaws; Europe set for fall
Rout latest: Shanghai seesaws; Europe set for fall
Squawk Box Live in Europe has full analysis and updates on the global stock market rout, with European stocks set to open sharply lower.
25 August, 2015 by The TZ Newswire Staff Comments Off on Nikkei post fresh session highs at 18,207.37
Nikkei post fresh session highs at 18,207.37
Nikkei extending gains while Chinese markets pause for lunch ( Shanghai Comp Index closed the morning +0.8%)
– currently 18205.77
– +402.37
– +2.26%
– USDJPY enjoying the ride too at 119.48 also just off session highs
New highs of 18259.16 USDJPY takes out 119.50 offers to post 11959 so far
25 August, 2015 by The TZ Newswire Staff Comments Off on China says global economic growth can not rely on them alone
China says global economic growth can not rely on them alone
Further to Eamonn’s posts and a bit more from that Xinhua Washington news agency commentary put out by MNI earlier
here
here
– economic growth can not count on China alone
If in doubt blame someone else, but there is an element of chickens coming home to roost here
25 August, 2015 by The TZ Newswire Staff Comments Off on Asian shares wobble as China rate cut fails to calm nerves
Asian shares wobble as China rate cut fails to calm nerves
Asian shares struggled on Wednesday as investors feared fresh rate cuts in China would not be enough to stabilize its slowing economy or halt a stock collapse that is wreaking havoc in global markets. China’s key share indexes attempted to move higher several times in morning trade only to be slapped back by waves of selling, reflecting investors’ views that much more support was needed from the government and the central bank.
25 August, 2015 by The TZ Newswire Staff Comments Off on Oil near six-and-a-half-year lows as China economy fears linger
Oil near six-and-a-half-year lows as China economy fears linger
Crude oil futures held in a narrow band on Wednesday not far off 6-1/2 year lows after China’s central bank moved to support the country’s stumbling economy, while concerns about a supply glut capped gains. Asian shares struggled on Wednesday as investors feared fresh rate cuts in China would not be enough to stabilise the country’s slowing economy or halt a stock collapse that is wreaking havoc in global markets. ANZ said China’s rate cuts had calmed commodity markets, but they remained cautious and gains would be limited.