30 August, 2015 by The TZ Newswire Staff Comments Off on Ron Paul Rages "Blame The Fed, Not China" For The Stock Market Crash
Ron Paul Rages "Blame The Fed, Not China" For The Stock Market Crash
30 August, 2015 by The TZ Newswire Staff Comments Off on Goldman Sachs puts China’s yuan ‘close to fair value’
Goldman Sachs puts China’s yuan ‘close to fair value’
From a research note from Goldman Sachs just prior to the weekend:
– Goldman’s fundamental equilibrium exchange rate (FEER) model says the yuan is “close to fair value”
30 August, 2015 by The TZ Newswire Staff Comments Off on NZ Treasury: Monthly Economic Indicators August 2015
NZ Treasury: Monthly Economic Indicators August 2015
The Monthly Economic Indicators August 2015 from the New Zealand Treasury is out now
Key points (bolding mine):
Report in full is available here
30 August, 2015 by The TZ Newswire Staff Comments Off on Death Crosses and V’s
Death Crosses and V’s
“Moderation is a fatal thing. Nothing succeeds like excess” -Oscar Wilde
The market can be dramatic. The market is know for being excessive to the upside and excessive to the downside. It usually overshoots both ways. When this happens its good to play it smart and that means playing it smaller.
30 August, 2015 by The TZ Newswire Staff Comments Off on 80 Year Old Woman Trampled To Death In Venezuela Supermarket Stampede
80 Year Old Woman Trampled To Death In Venezuela Supermarket Stampede
With 30% of Venzuelans eating two or fewer meals per day, social unrest is mounting rapidly in President Nicolas Maduro’s socialist utopia. As WSJ reports, soldiers have now been deployed to stem rampant food smuggling and price speculation, which Maduro blames for triple-digit inflation and scarcity. “Due to the shortage of food…
30 August, 2015 by The TZ Newswire Staff Comments Off on ANZ cuts forecasts for AUD/USD … look out 0.68 and 0.67
ANZ cuts forecasts for AUD/USD … look out 0.68 and 0.67
ANZ have updated their forecasts for the Australian dollar
– Downgraded AUD/USD forecasts to USD0.68 at the end of 2015
– and USD0.67 by early 2016
The say:
30 August, 2015 by The TZ Newswire Staff Comments Off on Asia stocks sag as Fed rate prospects revived, China still a worry
Asia stocks sag as Fed rate prospects revived, China still a worry
Asian stocks sagged on Monday after top Federal Reserve officials kept the door open for an interest rate hike in September and investors braced for China economic data this week. Fed Vice Chairman Stanley Fischer, speaking at the central bank’ conference in Jackson Hole, Wyoming, said recent volatility in global markets could ease and possibly pave the way for a rate hike. St. Louis Fed President James Bullard also said he still favored hiking rates next month, though he added that his colleagues would be hesitant to do so if global markets continued to be volatile into mid-September.