26 August, 2015 by The TZ Newswire Staff Comments Off on Trading Ideas – European session 27 August
Trading Ideas – European session 27 August
Lots going on again so what’s on your books right now?
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26 August, 2015 by The TZ Newswire Staff Comments Off on Chinese equity markets post strong afternoon gains
Chinese equity markets post strong afternoon gains
From turning negative shortly after lunch the Shanghai Comp Index is now up +4.41%
– CS1300 Index now up +5%
Euro retreating accordingly
EURUSD 1.1340 EURGBP 0.7315 EURJPY 136.30 with USDJPY 120.17 having tested 120.20-25 res/offers again
26 August, 2015 by The TZ Newswire Staff Comments Off on Panasonic to shut battery factory in Beijing, cut 1,300 jobs
Panasonic to shut battery factory in Beijing, cut 1,300 jobs
Japanese electronics giant Panasonic Corp on Thursday said it will stop making lithium-ion batteries at its factory in Beijing this month, cutting 1,300 jobs as part of a move to focus on higher-margin products such as electric car batteries. “The global market for these products has been shrinking,” Panasonic spokeswoman Yayoi Watanabe said, adding the closure was more about global technology trends rather than the recent turmoil that has battered Chinese markets.
26 August, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil rebounds by over 2% as stocks recover
Futures Movers: Oil rebounds by over 2% as stocks recover
Oil prices were also supported by a decline in weekly U.S.
26 August, 2015 by The TZ Newswire Staff Comments Off on Japan’s LDP party likely to hold vote on leadership on 20 September
Japan’s LDP party likely to hold vote on leadership on 20 September
Bloomberg header reporting NHK
No further details
26 August, 2015 by The TZ Newswire Staff Comments Off on China to cut treasury holdings to fend off fall in the yuan
China to cut treasury holdings to fend off fall in the yuan
Bloomberg headline
No further detail at present
26 August, 2015 by The TZ Newswire Staff Comments Off on German import price index July mm -0.7% vs -0.3% exp
German import price index July mm -0.7% vs -0.3% exp
Softer price data from Germany out earlier but post lost in the ether here for some reason
– -0.5% prev
– yy -1.7% vs -1.4% exp/prev
Lower import prices unsurprising and adding to low inflation concerns