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7 September, 2015 by The TZ Newswire Staff Comments Off on Global markets slip after weak Chinese trade data

Global markets slip after weak Chinese trade data

Squawk Box Live in Europe brings you updates and analysis on global asset markets.

7 September, 2015 by The TZ Newswire Staff Comments Off on Dead Market Walking – Chinese Stock Trading Volume Collapses To 3 Year Lows

Dead Market Walking – Chinese Stock Trading Volume Collapses To 3 Year Lows

With “selling” outlawed and anything but cheer-leading strocks higher subject to detainment, it appears the Chinese government has managed to undo 3 years of liberalization and financial deregulation in the space of a week.

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7 September, 2015 by The TZ Newswire Staff Comments Off on Economic data due today 8 September 2015

Economic data due today 8 September 2015

The economic data calendar for today
Good morning fair folks of ForexLive. Here’s what is coming up today
Econ calendar

7 September, 2015 by The TZ Newswire Staff Comments Off on Time to panic? Not yet

Time to panic? Not yet

Hindsight is a wonderful thing but the correction in markets is hardly surprising. Even the extent and volatility are not absurd.

7 September, 2015 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Ugly China export and import data again ignite EUR & yen

ForexLive Asia FX news wrap: Ugly China export and import data again ignite EUR & yen

Forex news for Asia trading Tuesday 8 September 2015
ForexLive Asia FX news wrap: Ugly China export and import data again ignite EUR and yen      

7 September, 2015 by The TZ Newswire Staff Comments Off on And there goes the EUR – jumps above 1.1180

And there goes the EUR – jumps above 1.1180

I just posted on the yen response to the Chinese trade data
And now we get the EUR playing along to the script:
The poor data out of China is highlighting again that the turmoil in China’s economy and markets is not over yet.

7 September, 2015 by The TZ Newswire Staff Comments Off on Uber to enter 100 more Chinese cities in next 12 months: CEO

Uber to enter 100 more Chinese cities in next 12 months: CEO

U.S. ride-hailing service Uber Technologies Inc [UBER.UL] will enter 100 more Chinese cities over the next year, doubling a previous goal set just three months ago, Chief Executive Travis Kalanick said on Tuesday. Uber’s China unit currently operates in almost 20 cities, Kalanick said at an event in Beijing held by Uber investor Baidu Inc (BIDU.O). The speech comes a day after Kalanick said the China unit had raised $1.2 billion during ongoing fundraising, while people familiar with the matter told Reuters that larger local rival Didi Kuaidi had brought in $3 billion.