31 August, 2015 by The TZ Newswire Staff Comments Off on Australia BoP Current Account balance for Q2: -19.0bn (expected -16.8bn)
Australia BoP Current Account balance for Q2: -19.0bn (expected -16.8bn)
Australia BoP Current Account balance for Q2: -19.0bn
– expected -16.8bn
– prior was -10.7bn
Net exports as a % of GDP for Q2, -0.6 %
– expected -0.3%
Via Australian Bureau of Statistics:
31 August, 2015 by The TZ Newswire Staff Comments Off on China stock market opening indications – Shanghai Composite to open down 1.5%
China stock market opening indications – Shanghai Composite to open down 1.5%
China stocks opening indications
– Shanghai Composite to open down 1.5%
– CSI300 top open down 2.1%
–
A look at yesterday’s Shanghai Composite trading:
31 August, 2015 by The TZ Newswire Staff Comments Off on Trading Is Getting Harder Again, So We Have To Be Smarter Again
Trading Is Getting Harder Again, So We Have To Be Smarter Again
Mr. Market has been quite crazy lately as we all know. Dipping viciously, then rallying hard to the upside. Thankfully we were short and in a bunch of cash when it puked, and we got long some things at a good spot. Not the best spot, but a good spot. The best spot was the bottom, but who gets those spots anyway?
31 August, 2015 by The TZ Newswire Staff Comments Off on China Strengthens Yuan Most Since Nov 2014 After PMI Hits 3-Year Low, PBOC Offers "Hope" As A Strategy For Stocks
China Strengthens Yuan Most Since Nov 2014 After PMI Hits 3-Year Low, PBOC Offers "Hope" As A Strategy For Stocks
Having exposed the culprit for all of its economic and market woes, China is likely going to have problems explaining why its economic plague is still spreading (with South Korean exports collapsing and Japanese Capex growth slowing) and China’s official manufacturing PMI slipped into contraction for the first time in 6 months (to 3 year lows).
31 August, 2015 by The TZ Newswire Staff Comments Off on Understanding Xiaomi: The Anti-Apple
Understanding Xiaomi: The Anti-Apple
As Xiaomi continues its breakneck international expansion, investors must understand that the “Apple of China” and Apple itself are largely mirror images in the way they make money for their investors.
31 August, 2015 by The TZ Newswire Staff Comments Off on People’s Bank of China (PBOC) sets yuan reference rate at 6.3752
People’s Bank of China (PBOC) sets yuan reference rate at 6.3752
People’s Bank of China (PBOC) sets the USD/CNY mid-point reference rate for today
Another strengthening of the (yuan) mid point today (Monday’s mid-point reference rate was 6.3893)
31 August, 2015 by The TZ Newswire Staff Comments Off on Coming up in the next half hour or so – HEAPS!
Coming up in the next half hour or so – HEAPS!
Just after 0115GMT – PBOC yuan mid-point rate setting for today
Around 0125GMT – We’ll get the opening indications for Chinese stockmarekts
0130GMT Australia