7 December, 2015 by The TZ Newswire Staff Comments Off on UK data – BRC Sales like-for-like for November: -0.4% y/y (expected +0.5%)
UK data – BRC Sales like-for-like for November: -0.4% y/y (expected +0.5%)
On a total basis, sales rose 0.7% (0.9% in October)
GBP has been in a tight range this morning … yen a little stronger as I update;
the GDP report was a surprise positive for it.
7 December, 2015 by The TZ Newswire Staff Comments Off on NZ bank revises Q3 GDP forecast after strong data today
NZ bank revises Q3 GDP forecast after strong data today
Economists at ASB in New Zealand have revises their Q3 GDP forecast
– To 0.8%, from 0.5%
– Citing the better Q3 manufacturing activity data
(Yep, it was strong)
7 December, 2015 by The TZ Newswire Staff Comments Off on Hillary Clinton to Fundraise in Omaha With Warren Buffett
Hillary Clinton to Fundraise in Omaha With Warren Buffett
Next week, the billionaire investor will support the Democratic front-runner at public rally and a private event for donors.
7 December, 2015 by The TZ Newswire Staff Comments Off on Verizon could explore Yahoo’s Internet business, CFO says
Verizon could explore Yahoo’s Internet business, CFO says
Verizon’s Shammo was speaking at the UBS annual global media and communications conference in New York on Monday. Yahoo’s “board and investors have not decided what they’re going to do with that asset,” Shammo said. Earlier this year, Verizon bought AOL Inc (AOL.N) in a $4.4 billion deal to push into targeted advertising and mobile video.
7 December, 2015 by The TZ Newswire Staff Comments Off on Australia Helps Vail Resorts Narrow Its Losses
Australia Helps Vail Resorts Narrow Its Losses
The ski-resort company got support from its Perisher resort down under.
7 December, 2015 by The TZ Newswire Staff Comments Off on Economic data due from Japan – final Q3 GDP
Economic data due from Japan – final Q3 GDP
Data coming from Japan today
2350GMT
‘Final’ Q3 GDP from Japan
…(preliminary is here)
– GDP (seasonally adjusted) q/q: expected 0.0%, prior -0.2%
Also at 2350GMT, current account:
7 December, 2015 by The TZ Newswire Staff Comments Off on ETF Investing: Vanguard’s Outlook, Advice For 2016
ETF Investing: Vanguard’s Outlook, Advice For 2016
Investors in ETFs and mutual funds should perhaps bring their expectations for stock market returns down a notch. Think: an annual average of 6% to 8% returns for global equities over the next 10 years, says Joe Davis, chief economist at Vanguard. The investment management firm’s GDP and market outlooks are the most guarded since 2006. That may be a tough pill to swallow for fund investors used to double-digit yearly returns for U.S. stocks.