15 October, 2015 by The TZ Newswire Staff Comments Off on The $249B hangover: How binge drinking costs the US
The $249B hangover: How binge drinking costs the US
We’re all painfully aware of the toll binge drinking takes on the body but what may be less known is the damage it inflicts on the economy.
15 October, 2015 by The TZ Newswire Staff Comments Off on People’s Bank of China sets USD/CNY reference rate for today at 6.3436
People’s Bank of China sets USD/CNY reference rate for today at 6.3436
USD/CNY is a ‘managed float’
– yesterday’s close was 6.3460
– yesterday’s mid point was set at 6.3402
USD strength reflected in a weaker setting for the yuan today
15 October, 2015 by The TZ Newswire Staff Comments Off on The Fog Of "Everything": Why America’s Eternally Caught Off Guard In The Middle East
The Fog Of "Everything": Why America’s Eternally Caught Off Guard In The Middle East
15 October, 2015 by The TZ Newswire Staff Comments Off on The Latest Evidence That Global Trade Has Collapsed: India’s Exports/Imports Plunge By 25%
The Latest Evidence That Global Trade Has Collapsed: India’s Exports/Imports Plunge By 25%
Late last month, India surprised 51 out of 52 economists when the RBI cut rates by 50bps.
Although economists have a reputation for being terrible when it comes to making predictions (getting it wrong perpetually is almost a job requirement), it’s difficult to understand how 51 of them failed to see a cut of that magnitude in the cards.
15 October, 2015 by The TZ Newswire Staff Comments Off on RBA Financial Stability Report – Indicators of financial stress remain fairly benign
RBA Financial Stability Report – Indicators of financial stress remain fairly benign
Reserve Bank of Australia Financial Stability Report
Headlines via Reuters
–
Full text is here:
Financial Stability Review
–
A couple of points … “Sees risk of downturn in Melbourne, Brisbane apartment markets due to oversupply”.
15 October, 2015 by The TZ Newswire Staff Comments Off on Big Rally! Short-Term Indicators Not Impressed
Big Rally! Short-Term Indicators Not Impressed
Really nice rally by the bulls today. I normally don’t buy into the pundits cause and effect model when it comes to news, but there did seem to be a heavy amount of news around the possible disintegration of the rate hike that was expected at the end of this year. The market discounts everything and this particular piece of noise, I mean news likely did affect today’s market action. I was…
15 October, 2015 by The TZ Newswire Staff Comments Off on Therese Poletti’s Tech Tales: Why AMD won’t join chip merger frenzy
Therese Poletti’s Tech Tales: Why AMD won’t join chip merger frenzy
Advanced Micro Devices Inc. is in a familiar situation, cutting costs and betting on its next generation technology to return to profitability after a product setback.