24 November, 2015 by The TZ Newswire Staff Comments Off on Japan final leading index revised slightly higher
Japan final leading index revised slightly higher
Minor upward revision to Sept data
It’s ratcheted up to 101.6 from 101.4.
Here’s the trend if you’re interested in an indicator that doesn’t tell you anything about anywhere at any relevant time.
24 November, 2015 by The TZ Newswire Staff Comments Off on BOJ Shirai: Must be mindful of how rising rates hurt households
BOJ Shirai: Must be mindful of how rising rates hurt households
From the BOJ’s Shirai:
– No change to my view BOJ must hit 2% inflation target at earliest date possible but must be mindful of how rising prices could hurt households
Flexibility on the 2-year timeframe means they don’t have to do more QE right away to get there.
24 November, 2015 by The TZ Newswire Staff Comments Off on ‘Top trades’ tell you more about FX industry than markets
‘Top trades’ tell you more about FX industry than markets
Forget vanilla trades, they say
Morgan Stanley is out with its top currency trades for 2016. Want to do one? Well you better get a full-service FX broker at a bank.
24 November, 2015 by The TZ Newswire Staff Comments Off on Asia stocks stumble on geopolitical tensions, oil retreats
Asia stocks stumble on geopolitical tensions, oil retreats
Asian stocks were on edge on Wednesday with most markets stumbling as geopolitical tensions flared after Turkey downed a Russian fighter jet, while crude oil prices eased from two-week highs. Japan’s Nikkei (.N225) shed 0.5 percent. Adding to investor nervousness that followed the attacks on Paris earlier this month, Turkey shot down a Russian aircraft near the Syrian border on Tuesday, saying the jet had violated its air space.
24 November, 2015 by The TZ Newswire Staff Comments Off on Oil prices rise after Turkey downs Russian plane
Oil prices rise after Turkey downs Russian plane
Oil prices rose after Turkey downed a Russian plane, magnifying the impact of a possible cut in production from OPEC.
24 November, 2015 by The TZ Newswire Staff Comments Off on Can India apply lessons from Gandhi to manufacturing?
Can India apply lessons from Gandhi to manufacturing?
New models are necessary if India wants to become a global manufacturing powerhouse, says the chairman of one of the country’s largest conglomerates.
24 November, 2015 by The TZ Newswire Staff Comments Off on Mid-Caps and Small-Caps Trigger PMO Crossover BUY Signals
Mid-Caps and Small-Caps Trigger PMO Crossover BUY Signals
Interestingly, small- and mid caps received Price Momentum Oscillator (PMO) crossover BUY signals before the large cap indexes. In last weekend’s ChartWatchers article I pointed out how all of the major indexes had little to no momentum during this rally. The PMO readings had been flat throughout the current rally and not had positive crossover BUY signals.