4 January, 2016 by The TZ Newswire Staff Comments Off on Stock futures sharply lower after selloff in Chinese stocks
Stock futures sharply lower after selloff in Chinese stocks
* Mainland Chinese shares fell 7 percent on Monday, triggering a new circuit breaker that prompted suspension of trading. * Economic data by the Institute for Supply Management is expected to show that the index of national factory activity rose to 49 in December from 48.6 in November.
4 January, 2016 by The TZ Newswire Staff Comments Off on Oil rises as market ponders scale of future Iran exports
Oil rises as market ponders scale of future Iran exports
Oil prices edged up on Monday after a breakdown in diplomatic ties between Saudi Arabia and Iran that some speculated could result in supply restrictions, although gains were tempered by data showing some of Asia’s largest economies are struggling. Saudi Arabia, the world’s biggest oil exporter, cut diplomatic ties with Iran on Sunday in response to the storming of its embassy in Tehran following Riyadh’s execution of a prominent Shi’ite cleric on Saturday. Fellow Gulf producer Bahrain said on Monday it too would cut ties with Iran.
4 January, 2016 by The TZ Newswire Staff Comments Off on Frontrunning: January 4
Frontrunning: January 4
4 January, 2016 by The TZ Newswire Staff Comments Off on Three Reasons Stocks Will Crater in 2016
Three Reasons Stocks Will Crater in 2016
Happy New Year!
Last year (2015) likely will represent the top for the bull market that began in 2009. Stocks finished the year down, representing the first down year since the March 2009 bottom.
4 January, 2016 by The TZ Newswire Staff Comments Off on Winter isn’t coming: Game of Thrones book delayed
Winter isn’t coming: Game of Thrones book delayed
George R.R. Martin has revealed he’s missed his deadline for his next novel “The Winds of Winter.”
4 January, 2016 by The TZ Newswire Staff Comments Off on Currencies: China stock selloff, Iran tensions send ripples through currency markets
Currencies: China stock selloff, Iran tensions send ripples through currency markets
Renewed fears of a slowdown in China, combined with Middle East tensions spur a flight to safe haven currencies on Monday, with the yen and Swiss franc the main beneficiaries.
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4 January, 2016 by The TZ Newswire Staff Comments Off on If the IRS is watching you, you’ll pay up
If the IRS is watching you, you’ll pay up
Inspired by a new availability of data and tools, economists and scientists are trying to figure out what will blunt the temptation to cheat on taxes.