19 January, 2016 by The TZ Newswire Staff Comments Off on Crude Oil Slides Below $28, Lowest Since 2003, Dragging US Equity Futures Lower
Crude Oil Slides Below $28, Lowest Since 2003, Dragging US Equity Futures Lower
Traders had some hope that they could take at least a brief nap ahead of the China open before all risk hell broke loose in the latest evening session, however either some liquidating algo or the Iranian oil trading desk had different plans, and moments ago WTI dipped below $28 per barrel, sliding as low as $27.92, doing so only for the first time since 2003, a new 12 year low.
19 January, 2016 by The TZ Newswire Staff Comments Off on USD/CAD: Previewing the Bank of Canada policy meeting – 3 scenarios
USD/CAD: Previewing the Bank of Canada policy meeting – 3 scenarios
A preview of the BOC monetary policy meeting on Wednesday (announcement due at 1500GMT)
Its from Adam Button, but it can be found here at Ashraf Laidi’s site:
19 January, 2016 by The TZ Newswire Staff Comments Off on Borderland Homicides Show Mexico’s Gun Control Has Failed
Borderland Homicides Show Mexico’s Gun Control Has Failed
Submitted by Ryan McMaken via The Mises Institute,
We often hear about homicide rates in Mexico and how they are among the highest in the world. While that is true for some parts of Mexico, much of Mexico — where nearly 80 percent of the population lives — has much lower rates than what are often quoted in the media.
19 January, 2016 by The TZ Newswire Staff Comments Off on China Securities Times reports on PBOC calls to control capital outflows
China Securities Times reports on PBOC calls to control capital outflows
MNI have a useful piece from China’s Securities Times on People’s Bank of China calls to restrict capital outflows
– Some local branches of the PBOC have called on commercial banks (including foreign banks) to strictly control the upper limit of net capital outflows
The Securities Times citing bank sources
19 January, 2016 by The TZ Newswire Staff Comments Off on Netflix, Inc. Earnings: International Growth Accelerates
Netflix, Inc. Earnings: International Growth Accelerates
Profitability remains modest, but Netflix is catching on outside the U.S.
19 January, 2016 by The TZ Newswire Staff Comments Off on Bill Gross on CNBC says investors should stay with U.S. Treasuries
Bill Gross on CNBC says investors should stay with U.S. Treasuries
Bill Gross, the closely followed investor, said on CNBC on Tuesday that investors should stick with U.S. Treasuries in the wake of recent market turmoil. “I would stick to high-quality sovereign debt, as in U.S. Treasuries,” said Gross, who runs the Janus Global Unconstrained Bond Fund (JUCAX.O). Gross also recommended investors should consider Build America Bonds, which are taxable municipal bonds that carry special tax credits and federal subsidies for either the bond issuer or the bondholder.
19 January, 2016 by The TZ Newswire Staff Comments Off on Netflix global push grabs more customers than expected; shares jump
Netflix global push grabs more customers than expected; shares jump
The dominant online video company said on Tuesday it had 74.8 million subscribers at the end of December and forecast 6.1 million more through March, fueled by its expansion this month into virtually every country except China, where it is exploring ways to launch its service. Shares of Netflix rose 7 percent to $115.42 in after-hours trading. New customers overseas are countering slowing growth for Netflix in the United States, the company’s biggest market.