8 September, 2015 by The TZ Newswire Staff Comments Off on Nikkei continuing its gains, USD/JPY stalls
Nikkei continuing its gains, USD/JPY stalls
The Nikkei opened strong and has gone higher, while USD/JPY has stalled around 120.25
Doesn’t auger well for continued yen weakness.
8 September, 2015 by The TZ Newswire Staff Comments Off on Revisions to Australian employment data: jobs growth lower but unemployment rate unchanged
Revisions to Australian employment data: jobs growth lower but unemployment rate unchanged
I noted earlier:
revised employment data to be released today ahead of tomorrow’s jobs data
– Jobs growth over the past 18 months has been revised slightly lower
–
8 September, 2015 by The TZ Newswire Staff Comments Off on Preview of the Bank of Canada meeting – Barclays says on hold
Preview of the Bank of Canada meeting – Barclays says on hold
Preview of the Bank of Canada monetary policy meeting on Wednesday 09 September 2015 from Barclays
– Barclays expect the BOC to keep its overnight lending rate unchanged at 0.5%
Further:
8 September, 2015 by The TZ Newswire Staff Comments Off on "August Sucks" MIT Quant Warns New Strategies "Are Creating Volatility"
"August Sucks" MIT Quant Warns New Strategies "Are Creating Volatility"
“August Sucks,” concludes MIT Quant guru Andrew Lo, reflecting on the systematic-trading strategy effects on markets, and it’s not going to get better any time soon. As he explains to Bloomberg, “algorithmic trading is speeding up the reaction times of these participants, so that’s the choppiness of the market.
8 September, 2015 by The TZ Newswire Staff Comments Off on Oil – Jeff Gundlach says rally in price likely to be short-lived
Oil – Jeff Gundlach says rally in price likely to be short-lived
Gundlach’s comments were from earlier, so nothing overly new here:
– An oil price rise is likely to be short-lived
– “We’re not looking at a big oil rally” any time soon because of an imbalance in supply and demand
8 September, 2015 by The TZ Newswire Staff Comments Off on Bank of Canada meeting previews from BoA/ML and BNP
Bank of Canada meeting previews from BoA/ML and BNP
Previews of the bank of Canada monetary policy meeting on Wednesday 09 September 2015
BOA/ML are expecting the bank to remain on hold, while BNP are looking for a cut
8 September, 2015 by The TZ Newswire Staff Comments Off on Australia housing finance data for July. Home loans: +0.3% m/m (expected +0.8%)
Australia housing finance data for July. Home loans: +0.3% m/m (expected +0.8%)
July Home loans +0.3% m/m,
– expected +0.8%, prior was +4.8%, revised from +4.4%
Investment lending +0.5% m/m,
– prior was -0.5%, from -0.7%
Owner-occupied loan value +2.2% m/m,