30 November, 2015 by The TZ Newswire Staff Comments Off on Forex seasonals: December an intriguing time for euro trades
Forex seasonals: December an intriguing time for euro trades
The seasonal pattern for the euro in December
December is the best month on the calendar for the euro since 2000. It’s gained an average of 1.64%. In the past 10 years that performance has diminished to +0.97% but it’s still the top month over that period by a healthy margin.
30 November, 2015 by The TZ Newswire Staff Comments Off on The Margin: 5 facts that may seem farfetched but aren’t
The Margin: 5 facts that may seem farfetched but aren’t
The Reddit community came together to offer some statements that may sound ridiculous but are actually true, at least according to the sources they cite.
30 November, 2015 by The TZ Newswire Staff Comments Off on President Obama’s Latest ISIS Strategy Illustrated
President Obama’s Latest ISIS Strategy Illustrated
30 November, 2015 by The TZ Newswire Staff Comments Off on Examining the Islamic State’s Cyber Capabilities
Examining the Islamic State’s Cyber Capabilities
On Nov. 13, armed militants killed 130 people in Paris. On Nov. 14, unarmed militants from the public relations branch of the Islamic State sat down at their computers, signed in to their social media accounts — accounts from which they could reach virtually anyone in the world — and claimed…
30 November, 2015 by The TZ Newswire Staff Comments Off on IMF gives China’s currency prized reserve asset status
IMF gives China’s currency prized reserve asset status
The International Monetary Fund on Monday, as expected, admitted China’s yuan into its benchmark currency basket in a victory for Beijing’s campaign for recognition as a global economic power. The IMF executive board’s decision to add the yuan, also known as the renminbi, to the Special Drawing Rights (SDR) basket alongside the dollar, euro, pound sterling and yen, is an important milestone in China’s integration into the global financial system and a nod to the progress it has made with reforms.
30 November, 2015 by The TZ Newswire Staff Comments Off on Weak U.S. housing, factory data hint at modest fourth-quarter growth
Weak U.S. housing, factory data hint at modest fourth-quarter growth
Factory activity in the Midwest shrunk in November and contracts to buy previously owned U.S. homes rose marginally, the latest suggestions that economic growth will probably remain modest in the fourth quarter. The raft of weak economic reports is not likely to stop the Federal Reserve from hiking interest rates next month provided job growth does not slow significantly in November, economists say.
30 November, 2015 by The TZ Newswire Staff Comments Off on U.S. Cyber Monday sales jump, high traffic leads to website outages
U.S. Cyber Monday sales jump, high traffic leads to website outages
U.S. online sales grew 14 percent on Cyber Monday, on track to set a record, leading some retail websites, like Target Corp’s, to crash temporarily due to high customer traffic. Website outages and slow checkouts during the five-day shopping spree starting Thanksgiving Thursday, were also reported at PayPal Inc, department store chain Neiman Marcus, Wal-Mart Stores Inc, L Brands Inc’s Victoria Secret, and at Foot Locker Inc.