12 January, 2016 by The TZ Newswire Staff Comments Off on ECB’s Villeroy says Eurozone rates are low because "that’s what’s needed"
ECB’s Villeroy says Eurozone rates are low because "that’s what’s needed"
BOF gov and ECB governing council member speaking on radio and out on Bloomberg
– Euro exchange rate favourable to French growth
– French growth depends first on France
Rhetoric coming thick ands fast this morning. Better get me a bigger ice bucket!
12 January, 2016 by The TZ Newswire Staff Comments Off on Oil prices likely to continue falling says Russia’s Siluanov
Oil prices likely to continue falling says Russia’s Siluanov
Foreign Min across the wires
– 2015 budget deficit was around 2.6% of GDP
– budget can be balanced at oil price of $82 per barrel
That’s not going to happen anytime yet then
12 January, 2016 by The TZ Newswire Staff Comments Off on SBM OFFSHORE AWARDED FEED FOR PREMIER OIL SEA LION FPSO
SBM OFFSHORE AWARDED FEED FOR PREMIER OIL SEA LION FPSO
12 January, 2016 by The TZ Newswire Staff Comments Off on ECB’s Praet says impact of oil price fall on inflation is not temporary
ECB’s Praet says impact of oil price fall on inflation is not temporary
ECB chief economist in a newspaper interview
– ECB must stick to goal of lifting inflation close to 2% in medium term
– watching for side effects of ECB action but do not see “horror scenario”
Maybe something lost in translation but the specific reference to “horror scenario” suggests he still anticipates/fears some degree of fall-out.
12 January, 2016 by The TZ Newswire Staff Comments Off on Chinese equity markets close lower 13 Jan
Chinese equity markets close lower 13 Jan
A late dip into the finishing tape for Chinese equities
– Shanghai Comp Index – 2.4% at 2949.60
– CS1300 Index down -1.9% at 3155.88
Eurostoxx 50 futures currently up 1%.Keep an eye on these but we saw yesterday that European equities are proving quite resilient at the moment. Can all turn quickly though
12 January, 2016 by The TZ Newswire Staff Comments Off on Delhaize Group press release – Delhaize Group announces results of bondholders meetings
Delhaize Group press release – Delhaize Group announces results of bondholders meetings
12 January, 2016 by The TZ Newswire Staff Comments Off on China to re-open an issue of 7-year bonds
China to re-open an issue of 7-year bonds
Ministry of Finance with the statement. Reuters reporting.
– will re-open an issue of 7-year bonds from 22 Oct
– additional auction of yuan 20bln
– bonds will be issued from 20 Jan to 21 Jan and begin secondary market trading on 25 Jan
More easing from China and yesterday I reported them sniffing around to add to the MLF quota