17 September, 2015 by The TZ Newswire Staff Comments Off on Morgan Stanley comments on EUR/CHF … finally moving with rate differentials
Morgan Stanley comments on EUR/CHF … finally moving with rate differentials
Brief comments from Morgan Stanley on EUR/CHF
– The Swiss National Bank has been successful in driving rates negative through the yield curve out to ten years
17 September, 2015 by The TZ Newswire Staff Comments Off on Will The Lone Star State Secede? Super Tuesday May Allow Voters To "Reassert Texas As Independent Nation"
Will The Lone Star State Secede? Super Tuesday May Allow Voters To "Reassert Texas As Independent Nation"
Submitted by Mac Slavo via SHTFPlan.com,
The question of secession on a ballot it is a one. Secession might make a powerful statement to voice defiance government tyranny, but it could also set off sparks.
17 September, 2015 by The TZ Newswire Staff Comments Off on What’s Next For USD Post-FOMC? – Reactions From Major Banks
What’s Next For USD Post-FOMC? – Reactions From Major Banks
eFX with an article on the views of currency strategists on what’s
next for the USD in light of today’s dovish FOMC outcome.
: The FOMC left rates unchanged, in line
with market and Morgan Stanley forecasts. Nevertheless, the FOMC
statement delivered a dovish surprise by (a) noting the negative impact
of recent global developments on growth and inflation and (b) explicitly
referencing these developments as risks. The statement was complemented
by lower growth, inflation, NAIRU and Fed Funds rate forecasts. Despite
the ‘dots’ maintaining a projection for a hike this year,
17 September, 2015 by The TZ Newswire Staff Comments Off on RBA’s Stevens on China GDP: Continuing to slow
RBA’s Stevens on China GDP: Continuing to slow
Testimony from RBA governor Glenn Stevens in continuing
– Impossible to know if China’s economy will have a sharper slowdown
– China is “continuing to slow”
–
17 September, 2015 by The TZ Newswire Staff Comments Off on Nigeria Central Bank Urges "Don’t Panic" As Banks Halt Lending To Each Other
Nigeria Central Bank Urges "Don’t Panic" As Banks Halt Lending To Each Other
When the head of the central bank utters the two words “don’t panic” you know the economy, currency, and financial system is in trouble…and that’s just what Nigerian central bank Governor Godwin Emefiele just did. Following government intervention to sweep cash from local to central accounts, banks have panicced. As Reuters reports, overnight interbank lending rates spiked to 200%, which Emefiele opined was “a momentary action…
17 September, 2015 by The TZ Newswire Staff Comments Off on China August property price data out now
China August property price data out now
China August property prices
– Beijing new home prices +3.0 pct y/y (July +1.0 pct)
– Shanghai new home prices +5.6 pct y/y (July +3.1 pct)
– All China August new home prices -2.3 pct y/y (July -3.7 pct) – Reuters calculation
Headlines via Reuters
17 September, 2015 by The TZ Newswire Staff Comments Off on Asian shares edge up, dollar soft as Fed stands pat and eyes China
Asian shares edge up, dollar soft as Fed stands pat and eyes China
Asian shares fell on Friday after the Federal Reserve held off on raising interest rates, reviving concerns about weakness in both the U.S. and global economies.