22 October, 2015 by The TZ Newswire Staff Comments Off on Asia shares join global rally on ECB stimulus hopes
Asia shares join global rally on ECB stimulus hopes
Asian share markets were sharply higher on Friday, tracking offshore gains following hints of new stimulus from the European Central Bank.
22 October, 2015 by The TZ Newswire Staff Comments Off on Asia joins global stocks rally after ECB signals more stimulus
Asia joins global stocks rally after ECB signals more stimulus
Asia extended a global stocks rally on Friday after the European Central Bank signaled its readiness to inject more stimulus, helping the dollar scale a fresh two-month peak against the euro. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.6 percent, on track for a modest weekly loss of about 0.1 percent. Japan’s Nikkei stock index (.N225) was up 2.3 percent, poised to gain more than 3 percent for the week.
22 October, 2015 by The TZ Newswire Staff Comments Off on Biogen’s Beat, Raise, and Yawn
Biogen’s Beat, Raise, and Yawn
A nice turnaround for the big biotech; but is it enough?
22 October, 2015 by The TZ Newswire Staff Comments Off on Twitter’s Dorsey to give a third of his stock to employee equity pool
Twitter’s Dorsey to give a third of his stock to employee equity pool
The move, worth $197 million as of July 28, is to “reinvest directly in our people,” Dorsey, who was named as the company’s permanent CEO earlier this month, said in a tweet on Thursday. Twitter did not comment further on the move. The unusual move comes as Dorsey works to rebuild employee morale and confidence after a spate of high-level departures over the past several months.
22 October, 2015 by The TZ Newswire Staff Comments Off on US Dollar Dumped Against Asian FX As Releveraging Chinese Send Margin-Debt To 6-Week Highs
US Dollar Dumped Against Asian FX As Releveraging Chinese Send Margin-Debt To 6-Week Highs
Chinese stocks are not as exuberant as European, Japanese (which are rolling over), and US markets at the open as they cling to unchanged for the day and week (despite margin debt rising to a six-week high). The main event in AsiaPac trading appears to be a huge re-entry into the EUR-ANY-EM-FX carry trade as The USDollar gets pummeled against Asian FX (despite EUR weakness). PBOC weakened the Yuan fix by the most in 8 days to its lowest in 2 weeks.
Japanese stocks soared during the US session but are fading at the open…
22 October, 2015 by The TZ Newswire Staff Comments Off on Japan Nikkei manufacturing PMI (October flash): 52.5 (Expected 50.5)
Japan Nikkei manufacturing PMI (October flash): 52.5 (Expected 50.5)
Nikkei manufacturing PMI for October – Japan … comes in at 52.5
– Expected 50.5, Prior was 51.0
We get the ‘final’ reading for this on November 2. And then the Melbourne Cup horse race on November 3! I don’t know which one is most exciting …
22 October, 2015 by The TZ Newswire Staff Comments Off on Twitter CEO gives a third of his Twitter stake to employees
Twitter CEO gives a third of his Twitter stake to employees
Twitter’s CEO said he plans to give around a third of his personal stake — around 1 percent of Twitter — to employees.