23 December, 2015 by The TZ Newswire Staff Comments Off on More Mutual Fund Shops Board Mighty ETF Bandwagon
More Mutual Fund Shops Board Mighty ETF Bandwagon
The trend of mutual fund companies hopping onto the ETF bandwagon accelerated in 2015. The newest entrant is OppenheimerFunds, which bought out small ETF shop RevenueShares and rebranded their ETFs with its own name in December.
23 December, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: FedEx blamed for some retailers’ holiday delivery delays
The Wall Street Journal: FedEx blamed for some retailers’ holiday delivery delays
A few retailers, including Eddie Bauer and Pacific Sunwear, are warning customers that their holiday packages are being delayed and blaming what they say are broader problems at FedEx Corp.
read more
23 December, 2015 by The TZ Newswire Staff Comments Off on India To Pay $4.5 Billion For Putin’s "Jewels" In Largest Defense Deal In A Decade
India To Pay $4.5 Billion For Putin’s "Jewels" In Largest Defense Deal In A Decade
Russia’s vaunted S-300 and S-400 missile systems have been in the news quite a bit of late.
Last month, Moscow and Tehran officially revived a long stalled contract worth some $800 million that will see a handful of S-300s delivered to Tehran over the next several months. The deal was initially reached in 2007 but was put on hold in 2010 amid the international sanctions on Iran. Putin lifted the ban earlier this year, citing progress on the Iran nuclear deal.
23 December, 2015 by The TZ Newswire Staff Comments Off on China to extend onshore yuan trading hours next year
China to extend onshore yuan trading hours next year
The PBOC it would extend the yuan’s trading hours on the Shanghai-based FX market from Jan. 4, in a major step forward on reforms.
23 December, 2015 by The TZ Newswire Staff Comments Off on Heads up for the Minutes of the Bank of Japan November meeting due 2350GMT
Heads up for the Minutes of the Bank of Japan November meeting due 2350GMT
BOJ monetary policy meeting minutes from the November 18 and 19, 2015 meeting
– Due at 2350GMT
I’m not expecting to see much surprising from there, which should see a muted impact on the market.
23 December, 2015 by The TZ Newswire Staff Comments Off on Miners, Energy Launch European Market Rally
Miners, Energy Launch European Market Rally
Commodities prices received credit, but China was the cause of a rally across Europe’s markets Wednesday, which carried through to U.S. trading. The catalyst appeared to be China’s release Monday of a broad outline of monetary and economic stimulus efforts and goals.
23 December, 2015 by The TZ Newswire Staff Comments Off on Bond Yields Inch Higher As Traders Watch Inflation
Bond Yields Inch Higher As Traders Watch Inflation
Treasuries fell for a second day as a rebound in oil prices fueled wagers that inflation may quicken in 2016. Yields rose as oil climbed almost 5% after a report showed a drop in U.S. crude inventories.