28 August, 2015 by The TZ Newswire Staff Comments Off on The Fed: Case for September rate hike was ‘pretty strong’ before China devaluation, Fischer says
The Fed: Case for September rate hike was ‘pretty strong’ before China devaluation, Fischer says
The case for a September rate hike was strong before China surprised markets and devalued its currency, said Federal Reserve Vice Chairman Stanley Fischer
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28 August, 2015 by The TZ Newswire Staff Comments Off on Fed comments don’t rattle USD/JPY as it clears 61.8% retracement
Fed comments don’t rattle USD/JPY as it clears 61.8% retracement
USD/JPY touches 121.50
USD/JPY is up 40 pips on the day and cleared 121.50 in the latest push. The gains have come today despite mixed sentiment in stocks and dovish Fed comments. That’s a great sign of underlying demand but it could be skewed by weekly and month-end flows.
28 August, 2015 by The TZ Newswire Staff Comments Off on ‘Very tough’ for Fed to normalize: Taleb
‘Very tough’ for Fed to normalize: Taleb
The Fed faces a “very tough” task in normalizing monetary policy, as it has limited tools at its disposal, Nassim Taleb said.
28 August, 2015 by The TZ Newswire Staff Comments Off on Commodities Corner: Atlantic hurricanes lose sway over oil-and-gas market
Commodities Corner: Atlantic hurricanes lose sway over oil-and-gas market
Atlantic hurricanes aren’t the big market movers for oil and natural-gas that they used to be given the decline in the Gulf of Mexico’s share of energy production.
28 August, 2015 by The TZ Newswire Staff Comments Off on Friday links: rapacious algos
Friday links: rapacious algos
28 August, 2015 by The TZ Newswire Staff Comments Off on Guess Who Just Won a $21 Billion Defense Contract?
Guess Who Just Won a $21 Billion Defense Contract?
Hint: It’s almost easier to guess who did not win a piece of this mega-deal.
28 August, 2015 by The TZ Newswire Staff Comments Off on Atlanta Fed Cuts Q3 GDP Forecast To A Paltry 1.2%
Atlanta Fed Cuts Q3 GDP Forecast To A Paltry 1.2%
Earlier today, following the disappointing July personal spending data and yesterday’s record surge in inventories as part of the spike in Q2 GDP, we predicted that the Atlanta Fed would cut its already painfully low Q3 GDP forecast of 1.4%.
Atlanta Fed Q3 GDP update due today: should be a drop from 1.4%
— zerohedge (@zerohedge) August 28, 2015