5 January, 2016 by The TZ Newswire Staff Comments Off on China’s equity markets rally after extension on share-sale ban
China’s equity markets rally after extension on share-sale ban
Eamonn had the extension story earlier
here
– CS1300 materials index up +6%
– SCI up +1.8%
Markets close at the top of the hour and that will have a decent influence on how European markets open
5 January, 2016 by The TZ Newswire Staff Comments Off on Data coming up in this session 6 Jan
Data coming up in this session 6 Jan
North Korean nuclear tests notwithstanding here’s what’s on the data calendar for today
The morning’s highlight is UK services PMI given that sector’s huge contribution to UK GDP while the US session brings the ADP nonfarm employment change, factory orders, services PMI and ISM non-mftg PMI
5 January, 2016 by The TZ Newswire Staff Comments Off on How Corrupt Is the American Government?
How Corrupt Is the American Government?
Government corruption has become rampant:
5 January, 2016 by The TZ Newswire Staff Comments Off on Option expiries 10 am NY cut 6 Jan
Option expiries 10 am NY cut 6 Jan
Here’s what the DTCC have listed for today and tomorrow
Wed 6 Jan
– 120.00 (308m) 120.25 (401m)
– EURUSD 1.0750 (EUR 350m)
– AUDUSD
– NZDUSD 0.6380 (NZD 711m) 0.6700 (250m)
5 January, 2016 by The TZ Newswire Staff Comments Off on Nikkei 225 closes down -0.99% at 18,191.32
Nikkei 225 closes down -0.99% at 18,191.32
Another wobbly session for the Japanese equity market on Chinese data and N Korean nuclear test concerns
– -182.88
– open 18410.57
– high 18469.38
– low 18064.30
5 January, 2016 by The TZ Newswire Staff Comments Off on China’s offshore yuan falls to near-record low of 6.6843 vs USD
China’s offshore yuan falls to near-record low of 6.6843 vs USD
The yuan depreciation/devaluation continues at pace
Weaker data out from China adding to its woes
Next resistance for USDCNH seen at 6.7000 (Sept 24 2010 high)
5 January, 2016 by The TZ Newswire Staff Comments Off on Global Corporate Debt is Coming Unglued
Global Corporate Debt is Coming Unglued
Standard & Poor’s slashed the credit ratings of 112 corporations around the globe to default (D) or selective default (SD) in 2015, according to S&P Capital IQ Global Credit. The highest number of global defaults since nightmare-year 2009, when a previously unthinkable 268 companies defaulted, and not far behind the second highest default tally of 125, in 2008.