31 December, 2015 by The TZ Newswire Staff Comments Off on China official manufacturing PMI for December: 49.7 (vs. 49.8 expected)
China official manufacturing PMI for December: 49.7 (vs. 49.8 expected)
Some New Year’s Day data from China, Manufacturing PMI (December): 49.7
– expected is 49.8, prior was 49.6
Non-manufacturing PMI: 54.4
– prior was 53.6
The manufacturing PMI is ever so slightly weaker than expected, while the services PMI is a solid beat on the previous month’s result. These should be fairly neutral for the AUD come Monday morning’s forex market reopening for the year.
31 December, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: New Year’s Eve crowd gathers at Times Square amid tight security
The Wall Street Journal: New Year’s Eve crowd gathers at Times Square amid tight security
Amid sharply increased security, thousands of New Yorkers and tourists gathered in Times Square Thursday ahead of the New Year’s Eve celebration despite terror concerns.
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31 December, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: White House delays plan for new sanctions against Iran
The Wall Street Journal: White House delays plan for new sanctions against Iran
The White House has delayed its plan to impose new financial sanctions on Iran for its ballistic missile program, according to U.S.
31 December, 2015 by The TZ Newswire Staff Comments Off on Delta’s pilots union seeks big wage hike as profits surge: Bbg
Delta’s pilots union seeks big wage hike as profits surge: Bbg
The union is taking a more aggressive stance in negotiations with the Atlanta-based airline after two-thirds of the pilots previously rejected a deal for a 22 percent wage hike over three years, Bloomberg said. Delta’s pilots would probably top the U.S. industry’s wage scale if they get the raise they want, Bloomberg said. The carrier’s pilots have taken several pay cuts since the early 2000s resulting from terrorist attacks and losses from bankruptcy protection, Bloomberg said.
31 December, 2015 by The TZ Newswire Staff Comments Off on What’s Ahead In 2016 – Key Events Of The Next 12 Months
What’s Ahead In 2016 – Key Events Of The Next 12 Months
Elections, elections, and more elections is the ‘change’ meme for 2016 but, as Bloomberg details, the key events of the year ahead vary from a California marijuana referendum to Brazil’s Olympics, and from Davos to SCOTUS. No matter what, 2016 holds a lot of opportunity for volatility, and without The Fed’s safety net, who knows what that means for markets…
Here’s a selected calendar of key events for the year.
31 December, 2015 by The TZ Newswire Staff Comments Off on Pharmaceuticals Dominated Best Stocks Of 2015, Despite 2nd-Half Slump
Pharmaceuticals Dominated Best Stocks Of 2015, Despite 2nd-Half Slump
The way pharmaceutical stocks struggled in the second half of 2015, it’s hard to believe they dominated among the year’s best stocks. Consumer demand for cures and treatments was so strong that not even the awful summer and fall were enough to dislodge drug companies as the year’s best stocks. Of the 50 best stocks, as many as 20 were drugmakers.
31 December, 2015 by The TZ Newswire Staff Comments Off on Where The Smart Money Is Placing Its 2016 Stock Bets
Where The Smart Money Is Placing Its 2016 Stock Bets
It is pretty clear what worked best for mutual funds in 2015. Several prominent strategists who spoke with IBD expect similar results at best — more likely, slightly worse — in 2016. And they expect to find better investment opportunities outside the U.S. Eighty-nine of 2015’s 100 top-performing U.S. diversified stock funds as of Dec.