4 November, 2015 by The TZ Newswire Staff Comments Off on ECB’s Smets sees a risk that inflation expectations become unanchored
ECB’s Smets sees a risk that inflation expectations become unanchored
ECB’s Director-General Frank Smets who is also counsellor to Draghi
Comments in Handelsblatt being reported by Reuters
– governing council will make fresh assessment of the situation at next meeting
Smets not surprisingly shadowing his boss’s comments and leaving all options open but no smoke without fire
4 November, 2015 by The TZ Newswire Staff Comments Off on Japan’s Suga says that corporation tax should be lowered as soon as possible
Japan’s Suga says that corporation tax should be lowered as soon as possible
Japan’s chief cabinet sec out on Bloomberg
No additional comments as yet
Meanwhile USDJPY looking underpinned again at 121.57 but EURJPY selling is limiting gains
4 November, 2015 by The TZ Newswire Staff Comments Off on This could be the next growth driver for Toyota
This could be the next growth driver for Toyota
A weak yen has bolstered Japanese automakers in recent years, but investment into hydrogen fuel cars could be the sector’s next major growth driver.
4 November, 2015 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures up +0.2% in early European trading 5 Nov
Eurostoxx 50 futures up +0.2% in early European trading 5 Nov
Firmer tone again thanks to Asian markets but delicately poised
– DAX futures +0.2%
– CAC40 +0.1%
– FTSE -0.1%
Shanghai Comp Index closes up +1.8%, at the highest level since July. CS 1300 Index +2.1%
4 November, 2015 by The TZ Newswire Staff Comments Off on Switzerland SECO consumer confidence Oct -18 vs -17 exp
Switzerland SECO consumer confidence Oct -18 vs -17 exp
Data out a few moments ago
– -19 prev
Not a price changer but USDCHF underpinned still on the $ demand albeit tempered by EURCHF selling
Currently 0.9944 with EURCHF dipping below 1.0800 again