3 January, 2016 by The TZ Newswire Staff Comments Off on Honeywell Looking For A Happy New Year
Honeywell Looking For A Happy New Year
Honeywell (HON) is part of the diversified industrials ($DJUSID) that saw excellent relative strength in the fourth quarter of 2015. General Electric (GE) reported excellent quarterly results in October and moved to its highest level in 15 years last week. HON appears to be on a path to do the same. Take a look at the chart below:
3 January, 2016 by The TZ Newswire Staff Comments Off on Fed’s Mester: Dec. rate hike reflects expectation economy will improve
Fed’s Mester: Dec. rate hike reflects expectation economy will improve
Comment’s from the Federal Reserve’s Cleveland bank president Mester
– Says ‘fully supported’ US rate hike as prudent first step
– Hike reflects expectation economy will continue improving supported by accommodative fed policy
Headlines via Reuters
3 January, 2016 by The TZ Newswire Staff Comments Off on Australia – AIG Manufacturing PMI for December: 51.9 (prior was 52.5)
Australia – AIG Manufacturing PMI for December: 51.9 (prior was 52.5)
Australia – AIG Performance of Manufacturing index for December
‘Key findings’:
– 6th consecutive month above 50 points (net expansion)
– The longest unbroken run of expansion since 2010
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3 January, 2016 by The TZ Newswire Staff Comments Off on Trade ideas thread to start the new week – Monday January 4, 2016
Trade ideas thread to start the new week – Monday January 4, 2016
Good morning/evening/afternoon and welcome to the very first ForexLive ‘trade ideas thread’ for the new year.
Any trade ideas, thoughts, views, charts you would like to share and discuss with fellow traders, please do so:
3 January, 2016 by The TZ Newswire Staff Comments Off on Japan central bank turns activist investor to revive economy
Japan central bank turns activist investor to revive economy
Japan’s central bank, which dominates the domestic bond market, has begun to call the shots in the equity market as well — to the point where asset managers are looking to design investment funds with the Bank of Japan in mind. The bank has blazed a trail in global central banking by becoming something of an activist investor in pursuit of economic revival, using its influence as a mainly indirect owner of shares to support firms that spend more cash at home.
3 January, 2016 by The TZ Newswire Staff Comments Off on My Presidential Election Prediction
My Presidential Election Prediction
I don’t talk about politics much here on the Slope of Hope, but it’s a topic I find of great interest. Since 2016 is a U.S. Presidential election year, we’re going to be absolutely buried in news, debates, advertisements, attacks, counter-attacks, and hip-deep in B.S.
I think the result of the election is actually pretty straightforward, since its outcome is dependent on the state of the world around us. From my point of view:
3 January, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Saudi Arabia severs diplomatic relations with Iran
The Wall Street Journal: Saudi Arabia severs diplomatic relations with Iran
Saudi Arabia has cut diplomatic relations with Iran, the kingdom’s Foreign Minister Adel al-Jubeir said at a news conference on Sunday, following attacks on its embassy in Tehran.
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