17 January, 2016 by The TZ Newswire Staff Comments Off on Japan’s Nikkei Closes Below 17,000 As Hong Kong Money-Markets ‘Break’ Again
Japan’s Nikkei Closes Below 17,000 As Hong Kong Money-Markets ‘Break’ Again
With Hong Kong Dollar spot little changed (but pressing the weaker end of its peg band) and 12-month forwards suggesting notable weakness/depegging to come, it appears that the Hong Kong interbank lending debacle is far from over.
17 January, 2016 by The TZ Newswire Staff Comments Off on Trading Ideas – European session 18 Jan
Trading Ideas – European session 18 Jan
It’s time for your trading strategies today
Yes folks, it’s Monday and a new week of fun and frolics to look forward to.
So what are you looking at/hoping for today/this week?
17 January, 2016 by The TZ Newswire Staff Comments Off on HK Finance Secretary underscores commitment to dollar-peg
HK Finance Secretary underscores commitment to dollar-peg
Hong Kong’s Finance Secretary emphasized the administration’s commitment to the dollar currency peg, even as it is under pressure.
17 January, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Saudi oil minister Ali al-Naimi sees stability returning to oil markets
The Wall Street Journal: Saudi oil minister Ali al-Naimi sees stability returning to oil markets
“Market forces, as well as the cooperation among the producing nations, always lead to the restoration of stability.
17 January, 2016 by The TZ Newswire Staff Comments Off on Data coming up in this session 18 Jan
Data coming up in this session 18 Jan
Data calendar for today
Not a lot to look forward to, exacerbated by the US Martin Luther King holiday
For what it’s worth here’s the list and watch out for talking heads popping up though as usual.
17 January, 2016 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures up +0.6% in early European trading 18 Jan
Eurostoxx 50 futures up +0.6% in early European trading 18 Jan
Firmer tones following on from Chinese markets
– DAX futures +0.7%
– CAC40 +0.3%
– FTSE +0.6%
Bund futures down 25 at 160.14
Shanghai Comp Index closes up 0.4% at 2913.84 but paring larger gains earlier
17 January, 2016 by The TZ Newswire Staff Comments Off on Japan’s Asakawa says fiscal consolidation is crucial
Japan’s Asakawa says fiscal consolidation is crucial
Ministry of Finance official out on Reuters
– Japan govt’s fiscal consolidation efforts crucial in order for BOJ’s QQE not to be seen as monetization
– recent turbulence in China, fx and stock markets raise renewed concern