5 October, 2015 by The TZ Newswire Staff Comments Off on AUD traders – RBA announcement due at 0330GMT
AUD traders – RBA announcement due at 0330GMT
Parts of Australia went onto daylight savings last weekend, the clocks rolled forward an hour in Sydney and Melbourne.
Which means the RBA announcement which always hits the wires at 2.30pm Sydney time is an hour earlier in GMT time for the next few months (the March 2016 meeting announcement is the last one at 0330GMT, back to 0430GMT in April).
5 October, 2015 by The TZ Newswire Staff Comments Off on World’s Largest Sovereign Wealth Fund Is Forced To Begin Liquidating Assets
World’s Largest Sovereign Wealth Fund Is Forced To Begin Liquidating Assets
One of the biggest stories of this summer, as previewed originally here in November of 2014, has been the dramatic shift in the direction of capital flow from toward emerging markets (and China), to away from emerging markets (and China).
5 October, 2015 by The TZ Newswire Staff Comments Off on Morgan Stanley says their risk-on call remains intact, target 1.01 on USD/CHF
Morgan Stanley says their risk-on call remains intact, target 1.01 on USD/CHF
MS are long USD/CHF,targeting 1.01. Their reasononing:
(this via eFX)
and has received additional support by the release of weak US labour market data showing disappointing employment growth.
5 October, 2015 by The TZ Newswire Staff Comments Off on Role Reversal In The New Cold War
Role Reversal In The New Cold War
5 October, 2015 by The TZ Newswire Staff Comments Off on Goldman Sachs, Morgan Stanley, & Citi all warning of lower commodity prices
Goldman Sachs, Morgan Stanley, & Citi all warning of lower commodity prices
Yep, they are saying prices are likely to stay low for years to come.
Between the three, they’re saying:
– Crude oil and copper are unlikely to rebound because of excess supplies (GS)
And:
5 October, 2015 by The TZ Newswire Staff Comments Off on BoA on further yuan devaluation …"My gut tells me it could be as much as 10%"
BoA on further yuan devaluation …"My gut tells me it could be as much as 10%"
David Woo is Bank of America head of global rates and currencies research; interviewed on Bloomberg Television he says on the Chinese yuan:
– On further depreciation … “My gut tells me it could be as much as 10 percent”
5 October, 2015 by The TZ Newswire Staff Comments Off on Gun Sales Soar After Surge In US Mass Shootings
Gun Sales Soar After Surge In US Mass Shootings
Just as was evidenced after the 2007 shootings at Virginia Tech, after Columbine and Tucson in 2011, and following the theater shootings in Aurora, Colorado in 2012, US gun sales have soared following the mass-shooting at Umpqua Community College in Oregon, which killed 10 people and injured seven others.