7 October, 2015 by The TZ Newswire Staff Comments Off on EURUSD orders 8 Oct
EURUSD orders 8 Oct
Currently lower again at 1.1287 after that corp demand-led rush/triggering stops to 1.1310. ECB Minutes later at 11.30 GMT
Offers
1.1325-30 1.1350 1.1365 1.1380 1.1400 1.1430 1.1450 1.1475 1.1500
Bids:
7 October, 2015 by The TZ Newswire Staff Comments Off on GBPUSD orders 8 Oct
GBPUSD orders 8 Oct
Currently 1.5325 after that euro-led run up to 1.5335. BOE Minutes awaited at 11.00 GMT. Here’s my which noted 1.5335-50 as my first area of resistance
preview
7 October, 2015 by The TZ Newswire Staff Comments Off on China’s graft watchdog investigates former Sinopec chairman
China’s graft watchdog investigates former Sinopec chairman
Chinese authorities have placed the governor of Fujian province, who is also the former chairman of China Petroleum and Chemical Corporation, under investigation on suspicion of “serious disciplinary violations”, China’s anti-graft watchdog has said. Su Shulin had been Fujian governor since 2011 and also served as deputy Communist Party chief in Fujian, the Central Commission for Discipline Inspection said in a statement late on Wednesday.
7 October, 2015 by The TZ Newswire Staff Comments Off on Euro spikes as US$ sellers return
Euro spikes as US$ sellers return
Rapid rise in the euro particularly in the past 30 minutes
I can’t pinpoint the exact reason ( equities are softer but hardly collapsing) but we’ve seen some decent euro buying in a rush
7 October, 2015 by The TZ Newswire Staff Comments Off on Crude awakening: Beware oil’s ‘dead cat bounce’
Crude awakening: Beware oil’s ‘dead cat bounce’
The current recovery in oil prices could prove to be nothing more than a short-lived “dead cat bounce,” analysts have warned.
7 October, 2015 by The TZ Newswire Staff Comments Off on European equity markets open mostly lower 8 Oct
European equity markets open mostly lower 8 Oct
European equities on a softer note as trading gets underway
– FTSE -0.2%
– DAX -0.3%
– CAC40 -0.2%
– FTMIB +0.2
– IBEX -0.4%
Shanghai Comp Index closes up 3.0% as it plays post-holiday catch up
7 October, 2015 by The TZ Newswire Staff Comments Off on Project Syndicate: Can France ever be an economic powerhouse again?
Project Syndicate: Can France ever be an economic powerhouse again?
A healthy French economy would do wonders to help lift the eurozone out of its malaise.