16 November, 2015 by The TZ Newswire Staff Comments Off on Terrorism: Death and economic toll set new records
Terrorism: Death and economic toll set new records
The rise of Islamic State and Boko Haram brought the economic and human cost of terrorism to their worst levels in 2014, according to new statistics.
16 November, 2015 by The TZ Newswire Staff Comments Off on AUDUSD lower on macro-fund selling
AUDUSD lower on macro-fund selling
Bloomberg out citing Asian market source
– macro-fund selling in early European trading
– AUD selling vs GBP and EUR
– exporter bids at 0.7080 on AUDUSD now filled
Currently 0.7078 after 0.7072 lows. Bids expected into 0.7050 and sellers now lurking around 0.7100
16 November, 2015 by The TZ Newswire Staff Comments Off on PBOC says China should set up an interest rate corridor
PBOC says China should set up an interest rate corridor
PBOC researcher Ma Jun out on Bloomberg from a working paper
– China should give more flexibility to M2 growth
– China may eventually be able to remove benchmark rates
16 November, 2015 by The TZ Newswire Staff Comments Off on Earthquake measuring 6.7 hits Greece
Earthquake measuring 6.7 hits Greece
News just hitting the wires
– off the west coast of Greece
– magnitude 6.7, 106km south,south-west of Ionnina
As if they don’t have enough problems right now
16 November, 2015 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures up +1.5% in early European trading 17 Nov
Eurostoxx 50 futures up +1.5% in early European trading 17 Nov
Firmer tones despite Chinese markets turning lower into the close
– DAX futures +1.3%
– CAC40 +1.3%
– FTSE +1.5%
Shanghai Comp Index closes down 0.1%. CS1300 Index -0.2%
16 November, 2015 by The TZ Newswire Staff Comments Off on ECB’s Praet says they will discuss whether there is a case for further action
ECB’s Praet says they will discuss whether there is a case for further action
Reuters with some more headlines from the ECB chief economist
– Gov council will discuss whether there is a case for further action in the context of heightened uncertainty
I reckon we all know they’re going to discuss it but will they do anything? That remains the only question to be answered
16 November, 2015 by The TZ Newswire Staff Comments Off on Investment banks’ revenue set to decline again in 2015: survey
Investment banks’ revenue set to decline again in 2015: survey
Revenue at the world’s 10 largest investment banks is on course to decline again in 2015 by two percent to $148 billion compared to a year ago, although a strong showing in equities will limit the fall, a survey on Tuesday showed. It follows a weak third quarter, when revenue slipped by 8 percent, the survey by industry analytics firm Coalition showed. Investment banking revenue has slumped in recent years, especially in Europe, as tougher regulations, litigation costs and market volatility have prompted banks to restructure, shedding staff and exiting certain business lines.