18 November, 2015 by The TZ Newswire Staff Comments Off on UBS says offshore interest in the Aussie dollar has picked up again
UBS says offshore interest in the Aussie dollar has picked up again
UBS wealth management in Singapore say the Australian dollar is once again coming into favour on expectations the RBA won’t cut again
Says Kelvin Tay, regional chief investment officer
18 November, 2015 by The TZ Newswire Staff Comments Off on Tinder’s parent Match Group raises $400 million in IPO
Tinder’s parent Match Group raises $400 million in IPO
Match Group priced its IPO at the low end of expectations to raise $400M, valuing the parent of Tinder at around $4.2B, including debt.
18 November, 2015 by The TZ Newswire Staff Comments Off on BoA/ML say the USD decline since the FOMC Minutes reflects positioning
BoA/ML say the USD decline since the FOMC Minutes reflects positioning
Bank of America / Merrill Lynch on the FOMC Minutes and move in the US dollar
This is via eFX
The October FOMC
minutes covered a wide-range of views among the Committee, with
arguably a few more dovish comments than the market anticipated.
Nonetheless, “most” Fed officials thought the conditions to hike “could
well be met by the next meeting.” Specifically, the cumulative
improvement in the labor market and reduction in global risks should
give many FOMC voters great confidence in the outlook.
18 November, 2015 by The TZ Newswire Staff Comments Off on Texan Turmoil – Visualizing The Growing (& Shrinking) Local Economies Across America
Texan Turmoil – Visualizing The Growing (& Shrinking) Local Economies Across America
The Bureau of Economic Analysis (BEA) recently released its statistics on gross domestic product by metropolitan area for 2014. HowMuch.net built a map to provide a 3D visualization of the GDP growth by metropolitan area, seen below. The higher the cone rising out of the map, the greater the GDP growth in that area.
(click image for huge legible version)
18 November, 2015 by The TZ Newswire Staff Comments Off on China business sentiment worsens as demand falls
China business sentiment worsens as demand falls
The MNI China Business Sentiment Indicator fell to 49.9 in November, slipping below the 50 mark that separates expansion from contraction.
18 November, 2015 by The TZ Newswire Staff Comments Off on Johnson Outdoors and Humminbird(R) Receive Favorable ITC Ruling Against Garmin
Johnson Outdoors and Humminbird(R) Receive Favorable ITC Ruling Against Garmin
18 November, 2015 by The TZ Newswire Staff Comments Off on Pfizer discussing Allergan offer in potential $150B deal
Pfizer discussing Allergan offer in potential $150B deal
Pfizer is in talks to acquire Allergan for $370-$380 per share, valuing the potential deal at around $150B.