30 September, 2015 by The TZ Newswire Staff Comments Off on World Bank sees oil prices staying low
World Bank sees oil prices staying low
No shocks there then
– prices will remain extremely volatile
– oil seen averaging $53 per barrel in 2015 & 2016
– current prices require significant govt expenditure adjustment in Russia in 2016 and beyond
Earlier Reuters produced the results of a poll that saw Brent averaging $55.3 in 2015 vs previous estimates in August of $57.40 and US crude to average $50.30 vs $51.70 prev
30 September, 2015 by The TZ Newswire Staff Comments Off on Market Snapshot: U.S. stocks set for solid gains, led by upbeat Asia
Market Snapshot: U.S. stocks set for solid gains, led by upbeat Asia
U.S.
30 September, 2015 by The TZ Newswire Staff Comments Off on ‘Keep a close eye’ on potential hurricane: Experts
‘Keep a close eye’ on potential hurricane: Experts
Tropical Storm Joaquin is on the verge of becoming a hurricane, but meteorologists were divided about whether it was likely to hit the East Coast.
30 September, 2015 by The TZ Newswire Staff Comments Off on August 2015 Italian PPI -0.7% vs -0.2% prior m/m
August 2015 Italian PPI -0.7% vs -0.2% prior m/m
August 2015 Italian PPI data report 30 September 2015
– -3.6% vs -2.3% prior y/y
4 minutes late, think that’s a new record for the Italian stattos
30 September, 2015 by The TZ Newswire Staff Comments Off on Darrell Delamaide’s Political Capital: Did Pope Francis inspire Boehner and Biden?
Darrell Delamaide’s Political Capital: Did Pope Francis inspire Boehner and Biden?
John Boehner may have been inspired to step down as speaker of the House after hearing Pope Francis talk of the “common good,” and those same words may inspire Joe Biden to run for president, writes Darrell Delamaide.
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30 September, 2015 by The TZ Newswire Staff Comments Off on BOJ announces October bond purchase programme
BOJ announces October bond purchase programme
Effective 1 Oct here’s a summary of the programme announced a short while ago
No great changes that I can see at first glance
Full press release
here
USDJPY not been fazed by any of it but steady above 120.00 for the moment albeit with supply above 120.20 Zzzzzzzzzzzz
30 September, 2015 by The TZ Newswire Staff Comments Off on Q2 2015 UK GDP final 0.7% vs 0.7% exp q/q
Q2 2015 UK GDP final 0.7% vs 0.7% exp q/q
Q2 2015 UK GDP final data report 30 September 2015
– Prelim 0.7%
– 1st revision 0.7%
– Q1 0.4%
– 2.4% vs 2.6% exp y/y. Prior 2.6%
– Business investment 1.0% vs 2.9% prior q/q
Lots to look through. On the face of it a disappointing y/y drop despite q/q holding steady