9 September, 2015 by The TZ Newswire Staff Comments Off on EURUSD orders 10 Sept
EURUSD orders 10 Sept
Currently in retreat at 1.1191 after failing above 1.1220 earlier
Offers
1.1225 1.1250 1.1270-75 1.1300 1.1320 1.1335 1.1350 1.1390-1.1400
Bids:
1.1175-80 1.1160 1.1145-50 1.1120 1.1100 1.1085 1.1070 1.1050
9 September, 2015 by The TZ Newswire Staff Comments Off on China deflation risks grow, foreign central banks on alert
China deflation risks grow, foreign central banks on alert
WELLINGTON/BEIJING (Reuters) – The risk China’s economy enters deflation is growing, data suggested on Wednesday, as signs emerge that some foreign central banks are increasingly worried about the impact falling Chinese prices and a weaker yuan could have on their economies. New Zealand’s central bank governor Graeme Wheeler said that China’s surprise devaluation of the yuan, or renminbi, last month had left them concerned about the risk they may let it slide further.
9 September, 2015 by The TZ Newswire Staff Comments Off on GBPUSD orders 10 September
GBPUSD orders 10 September
Currently 1.5355 recovering from earlier dip to 1.5339. All eyes on BOE at 11.00 GMT
Offers:
1.5380
1.5400-10 1.5420 1.5450 1.5480 1.5500-10 1.5530 1.5550
Bids:
9 September, 2015 by The TZ Newswire Staff Comments Off on European equity markets open lower 10 September
European equity markets open lower 10 September
Softer openings following on from Asian markets
– FTSE -0.9%
– DAX -0.9%
– CAC40 -0.9%
– FTMIB -0.8%
– IBEX -1.4%
China’s Shanghai Comp Index closes down -1.4% , CS1300 Index -1.2%
9 September, 2015 by The TZ Newswire Staff Comments Off on Germany’s Gabriel says economy is on a solid growth path
Germany’s Gabriel says economy is on a solid growth path
Econ min and dep chancellor on Rtrs
– German growth of +1.8% this year and next is realistic
– growth this year will bring higher tax receipts than expected
– Europe is not in danger because of Greece but because of rising economic egoism of member states
Euro still treading water
9 September, 2015 by The TZ Newswire Staff Comments Off on UK Halifx house price index August mm +2.7% vs +0.5% exp
UK Halifx house price index August mm +2.7% vs +0.5% exp
Latest data defying recent trend
– -0.4% prev from -0.6%
– 3months-year +9.0% vs +7.9% exp vs +7.8%from +7.9%
GBPUSD 1.5346 finding a few buyers from session lows of 1.5338 after dipping from 1.5370
9 September, 2015 by The TZ Newswire Staff Comments Off on ECB is considering stress tests for smaller banks in 2016
ECB is considering stress tests for smaller banks in 2016
So says Italian newspaper MF without citing its sources, Bloomberg reporting
– stress tests may be required for banks with assets lower than EUR 30bln
– assessment may start in early 2016 and may involve 118 “high priority” banks in first phase
In November last year ECB supervisory chief Nouy saying there would be no further stress tests until 2016