1 September, 2015 by The TZ Newswire Staff Comments Off on The Myth Of A Russian ‘Threat’
The Myth Of A Russian ‘Threat’
Authored by Pepe Escobar, originally posted at SputnikNews.com,
Not a week goes by without the Pentagon carping about an ominous Russian “threat”.
1 September, 2015 by The TZ Newswire Staff Comments Off on China hedge funds face worst month in nearly 16 years
China hedge funds face worst month in nearly 16 years
China-focused hedge funds probably had their worst month in almost 16 years in August amid intense volatility in the country’s stock market.
1 September, 2015 by The TZ Newswire Staff Comments Off on Australia Q2 GDP: 0.2 % q/q (vs. expected +0.4%)
Australia Q2 GDP: 0.2 % q/q (vs. expected +0.4%)
Q2 GDP data for Australia
+0.2% q/q
– expected is +0.4%
– prior was +0.9% … which was a strong result, so some ‘give back’ was expected today
+2.0 % y/y
1 September, 2015 by The TZ Newswire Staff Comments Off on China stock market opening indications – Shanghai Composite to open down 4.4%
China stock market opening indications – Shanghai Composite to open down 4.4%
China stocks opening indications … markets open at 0130GMT
– Shanghai Composite to open down 4.4% !
– CSI300 top open down 4.2%
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Get into it … be quick …
1 September, 2015 by The TZ Newswire Staff Comments Off on Elliott Wave Update ~ 1 September 2015
Elliott Wave Update ~ 1 September 2015
Primary count is that the market price today bottomed in wave [b] of Minor 2. This count depends that there is no selling pressure tomorrow at the open. So far at this time of posting that is the case as futures are up.
1 September, 2015 by The TZ Newswire Staff Comments Off on China Strengthens Yuan By Most In 5 Years As Default Risk Hits 2-Year High
China Strengthens Yuan By Most In 5 Years As Default Risk Hits 2-Year High
From the moment Japan opened, USDJPY buying took off (standard 100 pip rip on absolutely no news whatsoever) as yet another manipulated market breathed new life into equity longs dreams. That ‘help’ combined with the fact that, as SCMP’s George Chen reports, 50 China brokerages will jointly contribute 100 bln RMB capital to the government margin finance agency to start “new round of market rescue” provided some stability after US markets’ collapse.
1 September, 2015 by The TZ Newswire Staff Comments Off on People’s Bank of China (PBOC) sets yuan reference rate at 6.3619
People’s Bank of China (PBOC) sets yuan reference rate at 6.3619
People’s Bank of China (PBOC) sets the USD/CNY mid-point reference rate for today
– Yesterday’s central rate was set at 6.3752 … so the PBOC strengthening the yuan again today
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