16 December, 2015 by The TZ Newswire Staff Comments Off on It doesn’t look good for the euro here
It doesn’t look good for the euro here
The US dollar continues to creep higher
EUR/USD is down 60 pips since the start of Asia-Pacific trading and 160 pips since the post-Fed decision peak.
Technically, there isn’t much reason for optimism. Bids ahead of 1.0840 are holding at the moment but there isn’t any technical support until 1.0800.
16 December, 2015 by The TZ Newswire Staff Comments Off on You don’t need R2-D2 to make a Princess Leia hologram
You don’t need R2-D2 to make a Princess Leia hologram
It’s the moment that set the ‘Star Wars’ series in motion — Princess Leia’s urgent holographic message to Obi-Wan Kenobi. Litiholo promises their kit can help you make your own. CNNMoney puts it to the test.
16 December, 2015 by The TZ Newswire Staff Comments Off on Crude rises after U.S. fed rate hike, gains limited
Crude rises after U.S. fed rate hike, gains limited
Crude futures rose in Asian trade on Thursday recouping some of the losses from the previous session, when they fell sharply after the Federal Reserve raised rates and official figures showed a surprise build in U.S. inventories. The global benchmark fell $1.34 to $37.39 the previous session. U.S. crude stocks increased last week as imports into the Gulf Coast rose, data from the Energy Information Administration (EIA) showed on Wednesday, surprising analysts who expected inventories to decline.
16 December, 2015 by The TZ Newswire Staff Comments Off on How the Dean of Fedwatchers sees it
How the Dean of Fedwatchers sees it
For my money, MNI’s Steve Beckner is the best Fedwatcher out there
Beckner has been doing it for a long time. In the press conference today he asked Yellen about mechanically raising rates and she said future hikes very likely won’t be on a consistent timeline.
16 December, 2015 by The TZ Newswire Staff Comments Off on Oil in doldrums, precious metals firm after Fed hike
Oil in doldrums, precious metals firm after Fed hike
The Fed rate hike further weighed on oil prices although precious metals firmed as investors bet that further tightening will be gradual.
16 December, 2015 by The TZ Newswire Staff Comments Off on Search For Fabled Nazi Gold Train Is A Bust: "There May Be A Tunnel…But There Is No Train"
Search For Fabled Nazi Gold Train Is A Bust: "There May Be A Tunnel…But There Is No Train"
16 December, 2015 by The TZ Newswire Staff Comments Off on A Dovish Fed Rips the Market
A Dovish Fed Rips the Market
……….forgot to cover his short position So the market ripped higher today as Janet Yellen posted a “dovish rate hike”. The fed will raise in a measured fashion. That (for now) is good for the market. Remember that other bad things can happen to the market along the way. Our market liked it, and hell, […]
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