23 September, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices rebound as China signals more openness
Futures Movers: Oil prices rebound as China signals more openness
Chinese President Xi Jinping signaled more openness to foreign investments during his visit to the U.S., a factor that contributed to early gains for oil prices.
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23 September, 2015 by The TZ Newswire Staff Comments Off on Citigroup lowers 2015 global growth forecast to +2.6% vs +2.7% prev
Citigroup lowers 2015 global growth forecast to +2.6% vs +2.7% prev
Latest client note out from Citi
– 2016 forecast now +2.9% vs +3.1% prev
– 4th consecutive downgrade
– global conditions likely to remain disinflationary
– cites China providing downside risks
Cautionary note from Citi reflecting current global uncertainty
23 September, 2015 by The TZ Newswire Staff Comments Off on RBA’s Heath sees unemployment stable until significant rise in growth
RBA’s Heath sees unemployment stable until significant rise in growth
Reserve Bank of Austria head of economic analysis Alexandra Heath in speech reported by Bloomberg
– low rates having limited impact on investment
– investment hurdle rates can be unchanged for several years
23 September, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: Japan shares fall, led by car makers
Asia Markets: Japan shares fall, led by car makers
Shares of some Japanese auto-parts makers closely linked to the manufacture of diesel engines and the German car maker have fallen Thursday
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23 September, 2015 by The TZ Newswire Staff Comments Off on Volkswagen emissions: Automakers’ tobacco moment?
Volkswagen emissions: Automakers’ tobacco moment?
The decimation of share prices across the autos industry highlights growing concerns Volkswagen’s problem could affect the entire carmaking industry.
23 September, 2015 by The TZ Newswire Staff Comments Off on Feeling down about the S&P 500
Feeling down about the S&P 500
I’m not in the habit of predicting market directions, but I will take a stand here and say the Standard & Poor’s 500 is going to end the year down for the first time since 2008. You…
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23 September, 2015 by The TZ Newswire Staff Comments Off on Currencies: Yen rises ahead of Fed Yellen’s speech
Currencies: Yen rises ahead of Fed Yellen’s speech
Market participants are focusing on what Yellen has to say at the speech scheduled later in the day at the University of Massachusetts-Amherst.
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