17 September, 2015 by The TZ Newswire Staff Comments Off on Cramer: Technology is doing the job of the Fed now
Cramer: Technology is doing the job of the Fed now
Mad Money host Jim Cramer explains why the Fed could leave rates unchanged, thanks to technology innovation that allows for high paying jobs to be cut.
17 September, 2015 by The TZ Newswire Staff Comments Off on Peter Schiff: "Once Again Fed’s Bark Fails To Live Up To Its Bite"
Peter Schiff: "Once Again Fed’s Bark Fails To Live Up To Its Bite"
17 September, 2015 by The TZ Newswire Staff Comments Off on China stock market opening indications-Shanghai Composite to open up 0.5%
China stock market opening indications-Shanghai Composite to open up 0.5%
Chinese stockmarkets set to open
– Shanghai Composite to open up 0.5%
– CSI300 index to open up 0.5%
17 September, 2015 by The TZ Newswire Staff Comments Off on Yuan reference rate for today set by the PBOC at 6.3607
Yuan reference rate for today set by the PBOC at 6.3607
People’s Bank of China (PBOC) sets the USD/CNY mid-point reference rate
– yesterday’s close was at 6.3660
– yesterday’s mid point was set at 6.3670
Another strengthening for the yuan from the PBOC today. On the face of it, not a big move, but it’s the biggest strengthening of the mid point in the past 2 weeks. I said it yesterday … I expect this small strengthening trend to continue until the Chinese president’s trip to the US is over. (Happy to hear a contrary opinion, of course)
17 September, 2015 by The TZ Newswire Staff Comments Off on Former Japan MoF official Sakakibara: USD/JPY rate unlikely to be toward 125
Former Japan MoF official Sakakibara: USD/JPY rate unlikely to be toward 125
– USD/JPY rate unlikely to be toward 125
– Says Kuroda will continue on policy course
– Says reaching 2% inflation goal may take time
– Says USD/JPY may move toward 115-120 range
Headlines on Bloomberg
17 September, 2015 by The TZ Newswire Staff Comments Off on Japan finance minister Aso: Fed decision to hold likely reflected G20 meeting opinions
Japan finance minister Aso: Fed decision to hold likely reflected G20 meeting opinions
Comments from Japan finance minister Aso:
– No comment on S&P downgrading japan as that had no market impact
– Fed decision to hold interest rates likely reflected opinions voiced at the latest G20 meeting
17 September, 2015 by The TZ Newswire Staff Comments Off on New Zealand ANZ Consumer Confidence Index for September: +0.9% m/m (prior -3.6%)
New Zealand ANZ Consumer Confidence Index for September: +0.9% m/m (prior -3.6%)
New Zealand – ANZ Consumer Confidence Index for September, +0.9% m/m
– prior was -3.6% m/m
–
Earlier today from NZ we got ANZ Job Advertisements for August, -1.7% m/m