13 September, 2015 by The TZ Newswire Staff Comments Off on New Zealand’s Key doesn’t see a need for govt to stimulate economy
New Zealand’s Key doesn’t see a need for govt to stimulate economy
Kiwi PM out the on wires a few moments ago
– govt always prepared to respond to slump if needed by putting more cash in the pockets of individuals or more direct activity through bringing forward infrastructure projects
” If you read the RBNZ governor’s comments last week I thought he was reasonably upbeat. He also makes the point, rightly so, that he’s still got interest rates at the highest base rate of any developed economy”
13 September, 2015 by The TZ Newswire Staff Comments Off on Gold, Silver, and Horse Betting Report 13 Sep, 2015
Gold, Silver, and Horse Betting Report 13 Sep, 2015
Consider the sport of betting on the sport of horse racing. It’s actually similar to the analysis of the gold and silver markets. How’s that?
First, there is the manic-depressive crowd. Sometimes (as we are told—we don’t hang out at race tracks) the bettors sometimes get overly excited about a horse with slim chances to win, or get totally unexcited about a strong horse. The track responds by lowering or raising the payout for winning, respectively. The more betting on a horse, the lower the payout.
13 September, 2015 by The TZ Newswire Staff Comments Off on Japan industrial production July final mm -0.8% vs -0.6% flash
Japan industrial production July final mm -0.8% vs -0.6% flash
Final production data now out and weaker than expected
– +1.1% prev
– y/y 0.0% vs +0.2% flash vs +2.3% prev
July mm +0.2% as exp vs +0.3% prev
13 September, 2015 by The TZ Newswire Staff Comments Off on Fitch says Fed rate hike lift-off matters for emerging markets
Fitch says Fed rate hike lift-off matters for emerging markets
Latest comments by ratings agency Fitch and coming hard on the heels of yesterday’s Quarterly Review warning from the BIS that I posted
here
– part of the rationale for ultra-loose mon pol from global central banks has been to depress risk and term premiums via a portfolio-rebalancing effect
More from Fitch plus other US rate-hike related reports
13 September, 2015 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: China stocks open better, get slammed lower
ForexLive Asia FX news wrap: China stocks open better, get slammed lower
Forex news for Asia trading Monday 14 September 2015
Its (finally) FOMC week!
Monday
Weekend
The week started off quietly early Monday after a weekend that saw more disappointing Chinese data release, but some promise from ongoing reforms, specifically reform of State-owned enterprises.
13 September, 2015 by The TZ Newswire Staff Comments Off on Investors Lose in Today’s Markets, Says Former NYSE Head Grasso
Investors Lose in Today’s Markets, Says Former NYSE Head Grasso
Investors haven’t benefited from changes in the way the market functions, according to Dick Grasso, the former head of the New York Stock Exchange.
13 September, 2015 by The TZ Newswire Staff Comments Off on John McAfee says it might be a good idea to disband the TSA
John McAfee says it might be a good idea to disband the TSA
Eliminating the TSA is an example of something McAfee would suggest in the digital “fireside chats” that he will use to campaign.