30 August, 2015 by The TZ Newswire Staff Comments Off on NZ – August ANZ Business Confidence -29.1 (prior -15.3) & Activity Outlook 12.2 (19.0)
NZ – August ANZ Business Confidence -29.1 (prior -15.3) & Activity Outlook 12.2 (19.0)
New Zealand data
August ANZ Business confidence, plummets again to a fresh 6 year low of -29.1
– prior was -15.3
– Lowest since March of 2009
and ANZ Activity Outlook lower this month, too, at12.2
30 August, 2015 by The TZ Newswire Staff Comments Off on Australia – HIA New Home Sales for July: -0.4% m/m (prior was 0.5%)
Australia – HIA New Home Sales for July: -0.4% m/m (prior was 0.5%)
Housing Industry Association (HIA) New Home Sales for July
This data point is not usually much an immediate FX market mover
30 August, 2015 by The TZ Newswire Staff Comments Off on China worries push Asia stocks, US futures lower
China worries push Asia stocks, US futures lower
Asia stocks kicked off the first trading day of the week lower amid fears of more volatility in China and fresh commentary from Federal Reserve officials.
30 August, 2015 by The TZ Newswire Staff Comments Off on Why Devaluing The Yuan Won’t Help China’s Economy
Why Devaluing The Yuan Won’t Help China’s Economy
Submitted by Frank Shostak via The Mises Institute,
Earlier this month, the Chinese government decided to depreciate its currency on three consecutive occasions. On August 13, the price of the US dollar was trading at 6.413 — an increase of 3.3 percent against July.
30 August, 2015 by The TZ Newswire Staff Comments Off on Smartphone slowdown hits where it hurts: Jobs
Smartphone slowdown hits where it hurts: Jobs
The smartphone slowdown is showing up in falling profits for handset makers, as well as sweeping job cuts across the once red-hot sector.
30 August, 2015 by The TZ Newswire Staff Comments Off on Why I Wouldn’t Short Berkshire Hathaway
Why I Wouldn’t Short Berkshire Hathaway
It’s big, it’s got exposure to all the wrong places, but don’t bet against it.
30 August, 2015 by The TZ Newswire Staff Comments Off on World to Fed: We’re prepared for U.S. rate hike, so don’t delay
World to Fed: We’re prepared for U.S. rate hike, so don’t delay
Central bankers from around the world are telling their American counterparts that they are ready for a U.S. interest rate hike and would prefer that the Federal Reserve make the move without further ado. In private and in public at last week’s global central banking conference in Jackson Hole, the message from visiting policymakers was that the Fed has telegraphed an initial monetary tightening and, following a year-long rise in the dollar, financial markets globally are as ready as they can be.