15 September, 2015 by The TZ Newswire Staff Comments Off on AsiaPac Quiet, Too Quiet: Aussie Leading Index Plunges, PBOC Devalues Yuan, & China’s "$800,000 Dog" Bubble Bursts
AsiaPac Quiet, Too Quiet: Aussie Leading Index Plunges, PBOC Devalues Yuan, & China’s "$800,000 Dog" Bubble Bursts
Following last night’s double-disappointment – the absence of China’s ‘National Team’ and the lack of moar from The BoJ, everything was not awesome when Asian markets closed. However, dismal US data has floated all boats on a sea of bad-news-is-good-news as the world holds its breath ahead of Thursday’s Fedsplosion. China’s weakness is spreading as Aussie Leading Index plunges most in 3 years.
15 September, 2015 by The TZ Newswire Staff Comments Off on People’s Bank of China (PBOC) sets yuan reference rate 6.3712
People’s Bank of China (PBOC) sets yuan reference rate 6.3712
People’s Bank of China sets the USD/CNY mid-point reference rate at
– yesterday’s close was at 6.3700
– yesterday’s mid point was set at 6.3665
15 September, 2015 by The TZ Newswire Staff Comments Off on Comexodus: JPMorgan’s Vault Is One Withdrawal Away From Running Out Of Deliverable Gold
Comexodus: JPMorgan’s Vault Is One Withdrawal Away From Running Out Of Deliverable Gold
One week ago, when we reported the record plunge in registered gold held by the various Comex gold warehouses in general, and JPMorgan in particular, which saw the “gold coverage” ratio, or the number of paper claims through open futures interest for every ounce of deliverable gold, soar to what we then thought was a record, and unsustainable 207x, we thought this situation would be promptly rectified as a few hundred thousand ounces of eligible gold would be “adjusted” back into the “registered” category.
15 September, 2015 by The TZ Newswire Staff Comments Off on Japan shares extend Wall Street’s advance
Japan shares extend Wall Street’s advance
Markets in Japan climbed on Wednesday after a rally on Wall Street as traders awaited the kick off of the U.S. Fed’s key policy setting meeting.
15 September, 2015 by The TZ Newswire Staff Comments Off on Australia-Westpac Leading index for August: -0.3% m/m(prior +0.1%)
Australia-Westpac Leading index for August: -0.3% m/m(prior +0.1%)
Australia – Westpac Leading index for August down 0.3% m/m
– prior was +0.1% m/m, revised from flat at 0.0%
more to come
15 September, 2015 by The TZ Newswire Staff Comments Off on This Chinese Smartphone Giant Just Copied One of the Best Features of the iPhone 6s
This Chinese Smartphone Giant Just Copied One of the Best Features of the iPhone 6s
Huawei’s flagship Mate S includes Force Touch Technology, but isn’t much of a threat to Apple’s newest iPhones.
15 September, 2015 by The TZ Newswire Staff Comments Off on 3 Things Cliffs Natural Resources Is Doing Right
3 Things Cliffs Natural Resources Is Doing Right
The iron-ore producer is still struggling, but it’s making the best of a tough situation.