7 September, 2015 by The TZ Newswire Staff Comments Off on Goldmans, Deutsche Bank & JPMorgan reckon we should chill out on China contagion risks
Goldmans, Deutsche Bank & JPMorgan reckon we should chill out on China contagion risks
Bloomberg with the good news from Goldmans, Deutsche Bank & JPMorgan
JPMorgan
– suggests that if China’s expansion slows by 1 percentage point, the spillover to industrial nations is just 0.2 point of gross domestic product
Deutsche Bank
7 September, 2015 by The TZ Newswire Staff Comments Off on Westpac cut AUD/USD end of 2015 forecast to 0.66 from 0.70
Westpac cut AUD/USD end of 2015 forecast to 0.66 from 0.70
Says Westpac chief economist Bill Evans
– Westpac lowers AUD/USD’s year-end forecast to 0.6600 from 0.7000
– Doesn’t expect confidence “vibe” around AUD to improve for remainder of this year
via Bloomberg
7 September, 2015 by The TZ Newswire Staff Comments Off on Japan PM Abe says halfway through the course of Abenomics
Japan PM Abe says halfway through the course of Abenomics
Bloomberg with the news of Abe’s comment in Tokyo
More medicine to come then?
7 September, 2015 by The TZ Newswire Staff Comments Off on What Will It Take To Set Off Your Alarm Bells?
What Will It Take To Set Off Your Alarm Bells?
Submitted by Tom Chatham via Project Chesapeake,
What does it take to make you sit up and take notice of the problems surrounding society today? What will it take to make you respond to the many crises taking place today? You have eyes so you can see and ears so you can hear but for many people any negative news is a reason to tune out the world and only think good thoughts.
7 September, 2015 by The TZ Newswire Staff Comments Off on Asian stocks brace for China trade data, dollar up
Asian stocks brace for China trade data, dollar up
Asian stocks edged higher on Tuesday after a six-day losing streak and the dollar firmed against the safe-haven Japanese yen, but gains were muted ahead of Chinese data which could offer more clues on the health of its economy. Chinese trade data at 0200 GMT is likely to show a further contraction in both imports and exports in August and point to a continued economic slowdown, but are not expected to offer any signs of a hard landing which some global investors have begun to fear.
7 September, 2015 by The TZ Newswire Staff Comments Off on Weak economic outlook and oversupply weigh on oil markets
Weak economic outlook and oversupply weigh on oil markets
U.S. oil prices fell on Tuesday as the global economic outlook darkened further and cooperation between oil producing countries to curb oversupply looked unlikely, pulling U.S. crude prices down around three percent in early Asian trading. Japan’s economy shrank an annualized 1.2 percent in April-June, revised gross domestic product (GDP) data showed on Tuesday, despite ongoing government and central bank measures to support growth.
7 September, 2015 by The TZ Newswire Staff Comments Off on Australian data – NAB Business Confidence data for August: 1 (prior 4)
Australian data – NAB Business Confidence data for August: 1 (prior 4)
National Australia Bank business confidence and business conditions for August
Business confidence, 1 (lowest since the middle of 2013)
– prior was 4
Business conditions, 11