28 August, 2015 by The TZ Newswire Staff Comments Off on Euro zone sentiment edges to new four-year high in August
Euro zone sentiment edges to new four-year high in August
Confidence in the euro zone’s economy edged up to a new four-year high in August as rising domestic demand marginally outweighed a worsening view of export prospects and the mood brightened particularly in France and Spain. The European Commission’s monthly economic sentiment indicator, published on Friday, rose to 104.2 in August, from 104.0 in July, against expectations in a Reuters poll of a slight dip to 103.8.
28 August, 2015 by The TZ Newswire Staff Comments Off on Goodyear retiring blimps, rolling out new cigar-shaped craft
Goodyear retiring blimps, rolling out new cigar-shaped craft
The fabled Goodyear Blimp is retiring. But don’t fret, blimp fans. That big, cigar-shaped thing you’ve seen floating over sports events all your life will still be there. It will also remain instantly …
28 August, 2015 by The TZ Newswire Staff Comments Off on China’s Stock Rout to Resume as Intervention Ends, Says BofA
China’s Stock Rout to Resume as Intervention Ends, Says BofA
The rebound in China’s stocks will be short-lived because state intervention is too costly to continue and valuations aren’t justified given the slowing economy, says Bank of America Corp. “As soon as people sense the government is withdrawing from direct intervention, there will be lots of investors starting to dump stocks again,” said David Cui, China equity strategist at Bank of America in Singapore.
28 August, 2015 by The TZ Newswire Staff Comments Off on Amgen wins approval for cholesterol drug Repatha
Amgen wins approval for cholesterol drug Repatha
Amgen has won federal approval for the second medicine in a new class of pricey biotech drugs that reduce artery-clogging cholesterol.
28 August, 2015 by The TZ Newswire Staff Comments Off on Market Snapshot: U.S. stocks set to fall as volatile week leaves investors wary
Market Snapshot: U.S. stocks set to fall as volatile week leaves investors wary
Stock futures wobble, leaving Wall Street eyeing a pullback ahead of the weekend as a Jackson Hole gathering of Fed members and other central bankers begins.
read more
28 August, 2015 by The TZ Newswire Staff Comments Off on EU-Russia get set to gas about gas on 11 Sept
EU-Russia get set to gas about gas on 11 Sept
EU spokesman Winterstein on the wires
– EU and Russia will have talks on a gas deal
– date set for 11 Sept in Vienna
28 August, 2015 by The TZ Newswire Staff Comments Off on AUDUSD near session lows but support noted
AUDUSD near session lows but support noted
The pair has
failed to hold gains above 0.7200 and has fallen this morning to 0.7152 in what has been a general USD+ retreat
Bids/support around holding so far while offers remain in the rallies