1 November, 2015 by The TZ Newswire Staff Comments Off on Japan final October manufacturing PMI hits one-year high as demand grows
Japan final October manufacturing PMI hits one-year high as demand grows
Japanese manufacturing activity in October expanded at the fastest pace in a year as new domestic and export orders increased, a private business survey showed on Monday. The Markit/Nikkei Japan Final Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 52.4 in October, slightly less than a preliminary reading of 52.5 but a solid improvement from the final reading of 51.0 in September. The PMI for new export orders was 52.2 in October, just above a preliminary 52.1 and showing a return to growth from 48.0 in the previous month.
1 November, 2015 by The TZ Newswire Staff Comments Off on A look around some of the Asian stock exchanges at the Shanghai lunch break
A look around some of the Asian stock exchanges at the Shanghai lunch break
Its been an eventful morning in Asian equity trade.
Xinhua reported earlier that Chinese fund manager Xu Xiang was arrested for alleged insider trading involvement & stock price manipulation. Reports earlier of selling in the companies owned by his fund were cited for falls in Chinese equities ( has more), along with the PMIs out over the weekend.
1 November, 2015 by The TZ Newswire Staff Comments Off on Here Are The Five "Good News" That Can Cause A Market Selloff According To Bank of America
Here Are The Five "Good News" That Can Cause A Market Selloff According To Bank of America
“If bad news is great for stocks, then is good news bad?”
Bank of America reminded us earlier that just this month, the PBoC cut rates, the ECB confirmed QE2, Sweden announced additional QE, and the BoJ promised additional easing if necessary ‘without hesitation’, and for markets, “the stimulus of October 2015 has worked, with equities and corporate bonds rallying hard.“
The main driver of this newly unleashed central bank intervention? Terrible global economic data.
1 November, 2015 by The TZ Newswire Staff Comments Off on Top investor snared in China markets crackdown
Top investor snared in China markets crackdown
Xu Xiang, head of one of China’s largest private money managers, has been arrested, as Beijing ramps up its crackdown on market manipulators.
1 November, 2015 by The TZ Newswire Staff Comments Off on Nobody knows what the RBA board will do on Tuesday … the board itself doesn’t know
Nobody knows what the RBA board will do on Tuesday … the board itself doesn’t know
In the Australian press today (Sydney Morning Herald), Peter Martin writes on tomorrow’s Reserve Bank of Australia monetary policy meeting
Martin goes on to discuss the various factors at play in tomorrow’s decision
1 November, 2015 by The TZ Newswire Staff Comments Off on Nominal Cash Flow vs. Real Cash Flow
Nominal Cash Flow vs. Real Cash Flow
These two ways of expressing the money moving in and out of companies are useful for different reasons.
1 November, 2015 by The TZ Newswire Staff Comments Off on Goldman Sachs say EUR/USD going to 1.05 before December 3
Goldman Sachs say EUR/USD going to 1.05 before December 3
Here’s a piece from Goldman Sachs, , talking about EUR/USD, the ECB, and ‘adaptive expectations’.
via eFX
I usually just post these pieces without commentary, and I’m trying hard to do the same today.