28 October, 2015 by The TZ Newswire Staff Comments Off on Option expiries 10am NY cut today 29 Oct
Option expiries 10am NY cut today 29 Oct
Here’s what the DTCC have listed at the moment
– USDJPY
– EURUSD 1.1150 (801m)
– GBPUSD none
– USDCAD 1.3075 (USD 250m)
– AUDUSD 0.7120-25 (AUD 330m) 0.7150 (314m)
Note the large USDJPY 120.00/121.00 expiries that I highlighted yesterday, and EURUSD at 1.1000. EURGBP at 0.7220 possibly in play too
28 October, 2015 by The TZ Newswire Staff Comments Off on High-Speed Traders Slow to Break Into Interest-Rate Swaps Market
High-Speed Traders Slow to Break Into Interest-Rate Swaps Market
Some of the biggest computerized-trading firms are facing obstacles as they try to move into interest- rate swaps, a $381 trillion market that has yet to be dominated by automated buying and selling.
28 October, 2015 by The TZ Newswire Staff Comments Off on Pfizer in merger talks with Botox-maker Allergan: WSJ
Pfizer in merger talks with Botox-maker Allergan: WSJ
A bid for Allergan, which has a market value of $113 billion, would be Pfizer’s second attempt to acquire a European rival, following its unsuccessfully courtship last year of Anglo-Swedish pharmaceuticals group AstraZeneca Plc (AZN.L). After six months of negotiation, AstraZeneca rejected Pfizer’s final bid in May 2014. The potential for lowering Pfizer’s tax bill by switching its headquarters from the United States to the United Kingdom was touted by Chief Executive Officer Ian Read as a key reason for the deal.
28 October, 2015 by The TZ Newswire Staff Comments Off on Asia stocks slip, dollar strong as Fed opens door to Dec hike
Asia stocks slip, dollar strong as Fed opens door to Dec hike
TOKYO/SINGAPORE (Reuters) – Asian shares fell and the dollar stood tall on Thursday, after the U.S. Federal Reserve revived market expectations that it might still be on track to raise interest rates by year-end. While Wall Street ended a volatile session with solid gains, apparently underpinned by the Fed’s vote of confidence in the U.S. economy, MSCI’s broadest index of Asia-Pacific shares outside Japan extended losses to 1 percent.
28 October, 2015 by The TZ Newswire Staff Comments Off on Exclusive: U.S. trade czar says Britain would lose on trade outside the EU
Exclusive: U.S. trade czar says Britain would lose on trade outside the EU
WASHINGTON/BRUSSELS (Reuters) – The United States is not keen on pursuing a separate free trade deal with Britain if it leaves the European Union, U.S. Trade Representative Michael Froman said on Wednesday, the first public comments from a senior U.S. official on the matter. Froman’s comments undermine a key economic argument deployed by proponents of a British exit, who say the United Kingdom would prosper on its own and be able to secure bilateral free trade agreements (FTAs) with trading partners.
28 October, 2015 by The TZ Newswire Staff Comments Off on Mazda executive: committed to selling diesel cars in the U.S. despite Volkswagen scandal
Mazda executive: committed to selling diesel cars in the U.S. despite Volkswagen scandal
Mazda Motor Corp remains committed to launching its diesel-powered cars in the United States although their introduction might be delayed in the wake of the Volkswagen (VOWG_p.DE) emissions test-rigging scandal, a senior company executive said. Kiyoshi Fujiwara, a Mazda managing executive officer in charge of research and development and cost innovation, said reports that the Hiroshima-based automaker had given up on diesel’s potential use in cars sold in the U.S. market because of the VW debacle were untrue.
28 October, 2015 by The TZ Newswire Staff Comments Off on Senators call for scrutiny of Walgreens-Rite Aid deal
Senators call for scrutiny of Walgreens-Rite Aid deal
Walgreens Chief Executive Stefano Pessina said the company had analyzed the antitrust aspect of the deal but would not speculate on the number of drugstores it might need to divest in order to win regulatory approval. “I have fought tirelessly to promote competition in the health sector and I believe the proposed merger of two of the three largest drug store chains in the country raises serious issues,” Senator Amy Klobuchar, the top Democrat on the Senate Judiciary Committee’s antitrust subcommittee, said in a statement.