14 December, 2015 by The TZ Newswire Staff Comments Off on RBA December Minutes: AUD adjusting to significant declines in commodity prices
RBA December Minutes: AUD adjusting to significant declines in commodity prices
Minutes of the December 1 Reserve Bank of Australia monetary policy board meeting
Quick Headlines via Reuters
Full text is here:
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The meeting was on December 1.
The ‘vibe’ of the Minutes is quite positive for the economy … albeit with risks (as always). If the statement accompanying the December 1 decision was fairly neutral (I assess it was), the Minutes reinforce that.
14 December, 2015 by The TZ Newswire Staff Comments Off on Chinese Officials Admit To "Significantly Faking And Overstating" Economic Data
Chinese Officials Admit To "Significantly Faking And Overstating" Economic Data
Slowly all the wheels of the legacy propaganda narrative are falling off, only this time dealing not with some ridiculous economic “recovery” tripe (for those still confused, the global economy just suffered its worst USD-denominated GDP collapse in 50 years), but with the credibility of Chinese data, which most have known is completely fabricated, only there was never an actual admission from within. Now there is.
14 December, 2015 by The TZ Newswire Staff Comments Off on Stocks Rally Late; Volume Rises But Breadth Still Weak
Stocks Rally Late; Volume Rises But Breadth Still Weak
The bulls got some relief Monday as a flurry of buying late in Monday’s session lifted major averages to session highs. The Dow Jones industrial average fared the best, rising 0.6%. The S&P 500 added 0.5% and the Nasdaq rallied 0.4%. Volume rose from Friday’s elevated levels, an impressive accumulation day after Friday’s drubbing. Volume picked up in the last half hour of trading, but overall breadth left a lot to be desired.
14 December, 2015 by The TZ Newswire Staff Comments Off on More ITTM Neutral and SELL Signals Despite Small Bounce
More ITTM Neutral and SELL Signals Despite Small Bounce
Despite a positive close, four more new Intermediate-Term Trend Model Neutral and SELL signals were generated today on the DP Market/Sector Summary. The short-term trend has been negative for quite some time so it isn’t all that surprising to see the Market/Sector Summary beginning to lose BUY signals.
The purpose of the DecisionPoint Alert Daily Update is to quickly review the
14 December, 2015 by The TZ Newswire Staff Comments Off on New Zealand government Half-year Economic and Fiscal Update out now
New Zealand government Half-year Economic and Fiscal Update out now
Finmin English says he is more optimistic NZ might have 2015/16 surplus than Treasury is
– New Zealand sees 2015/16 OBEGAL deficit NZ$0.401bln (budget NZ$0.176 bln)
More from English:
14 December, 2015 by The TZ Newswire Staff Comments Off on Meet The Burmese "Slaves" Helping Wal-Mart Maintain Margins
Meet The Burmese "Slaves" Helping Wal-Mart Maintain Margins
Peak globalization? Burmese men, women and children are being sold to factories in Thailand – “no names are used, just numbers” – and forced to peel shrimp that ends up in global supply chains. As a recent AP investigation uncovered, U.S. customs records show the shrimp made its way into the supply chains of major U.S.
14 December, 2015 by The TZ Newswire Staff Comments Off on BOJ Tankan – inflation report out now
BOJ Tankan – inflation report out now
Adam had the December Bank of Japan Tankan report yesterday:
Bank of Japan Q4 Tankan large manufacturers +12 vs +11 expected
Today we have the follow-up inflation details from the report … here we go: