20 October, 2015 by The TZ Newswire Staff Comments Off on More on Japan trade balance: BOJ more likely to lower forecasts than ease further
More on Japan trade balance: BOJ more likely to lower forecasts than ease further
The (spoiler alert, a surprise deficit)
trade balance data for September from Japan is here
– Chatter in the market is that the poor data is not likely to trigger more easing from the Bank of Japan in the next month or so, but January action is not off the table
20 October, 2015 by The TZ Newswire Staff Comments Off on Asian stocks largely rise, but Sydney lags
Asian stocks largely rise, but Sydney lags
Asian stocks mostly advanced early Wednesday, with indices in Shanghai and Seoul hitting multi-month highs.
20 October, 2015 by The TZ Newswire Staff Comments Off on How China supports the yuan while burning FX reserves more slowly
How China supports the yuan while burning FX reserves more slowly
How a central bank supports a currency? One was is through intervention (buying the currency supports it, selling it if they want it to fall).
But … the People’s Bank of China has burned though forex reserves supporting the yuan, so they’re now trying different methods
20 October, 2015 by The TZ Newswire Staff Comments Off on New Zealand Credit Card Spending (Sept): -1.9% m/m (prior was +1.1%)
New Zealand Credit Card Spending (Sept): -1.9% m/m (prior was +1.1%)
New Zealand Credit Card Spending for September:
-1.9% m/m
– prior was +1.1%
and +7.3% y/y
– prior +10.5%
20 October, 2015 by The TZ Newswire Staff Comments Off on JPMorgan Global FX Volatility Index poised for its biggest monthly decline since February
JPMorgan Global FX Volatility Index poised for its biggest monthly decline since February
Here we are in one of the FX markets sporadic periods of greatly reduced volatility, and I’m not just talking about today, or the Asian session ….
Nope …
Bloomberg with the report:
20 October, 2015 by The TZ Newswire Staff Comments Off on 25% of Britons trade FX most of the night!
25% of Britons trade FX most of the night!
A new study has found that 25% of people in England get less than 5 hours sleep a night
SkyNews reports that
Nah, no way.
They’re trading FX half the night!
20 October, 2015 by The TZ Newswire Staff Comments Off on Chipotle’s Growth Is Slowing, but the Big Picture Hasn’t Changed
Chipotle’s Growth Is Slowing, but the Big Picture Hasn’t Changed
Chipotle’s sales last quarter probably won’t excite Mr. Market, but management says the growth story is far from over. History says it’s probably right.