25 August, 2015 by The TZ Newswire Staff Comments Off on China stockmarkets – early indications show Shanghai Comp. set to open up 0.5%
China stockmarkets – early indications show Shanghai Comp. set to open up 0.5%
Opening indications for Chinese stockmarkets:
– Shanghai Composite set to open up 0.5%
– CSI300 set to open up 0.7%
The news overnight is supportive of China stocks: China PBOC cuts interest rates and RRR
25 August, 2015 by The TZ Newswire Staff Comments Off on PBOC sets yuan reference rate at 6.4043
PBOC sets yuan reference rate at 6.4043
People’s Bank of China (PBOC) sets the USD/CNY mid-point reference rate for today
– Yesterday’s set was at 6.3987
So, yuan set a little weaker again today
more to come
25 August, 2015 by The TZ Newswire Staff Comments Off on Dollar still wobbly after China easing
Dollar still wobbly after China easing
The dollar edged down on Wednesday as sentiment remained shaky even after China embarked on much-anticipated policy easing steps.
25 August, 2015 by The TZ Newswire Staff Comments Off on CNBC: No Need For A Fork – It’s Done
CNBC: No Need For A Fork – It’s Done
25 August, 2015 by The TZ Newswire Staff Comments Off on Rough Patch For Small-Cap Mutual Funds
Rough Patch For Small-Cap Mutual Funds
Over long periods, small-cap mutual funds often outperform large- and midcap funds. But the past 10 years have seen small-cap funds run in line with or lag midcaps. A $10,000 investment in the average small-cap mutual fund on June 30, 2005, would have grown to $21,650 by Aug. 24, according to Morningstar Inc. data.
25 August, 2015 by The TZ Newswire Staff Comments Off on Reuters – China raises margin requirements for trading of stock index futures
Reuters – China raises margin requirements for trading of stock index futures
– China to restrict trading positions in stock index futures – exchange statement
via Reuters headlines
25 August, 2015 by The TZ Newswire Staff Comments Off on Bloomberg headline on PBOC’s Ma – rate cuts not a shift of monetary policy
Bloomberg headline on PBOC’s Ma – rate cuts not a shift of monetary policy
Bloomberg with the headline now, referring to this in Xinhua:
PBOC chief research economist on interest rate and deposit reserve ratio cuts