23 February, 2016 by The TZ Newswire Staff Comments Off on Fed’s Fischer: US inflation would have hit 2% if not for oil, US Dollar
Fed’s Fischer: US inflation would have hit 2% if not for oil, US Dollar
Comments from Federal Reserve’s Vice Chair Stanley Fischer
In the Q&A following his earlier speech
– US inflation would have hit 2% if not for oil, US Dollar
via Bloomberg
23 February, 2016 by The TZ Newswire Staff Comments Off on Targets for EUR/USD and GBP/USD
Targets for EUR/USD and GBP/USD
Société Générale technical analysis,
After achieving the upper limit of an ascending channel earlier this month, has been showing a retracement. Weekly indicator is close to a resistance which suggests ongoing rebound since December seems to be running out of steam and upside is likely to remain capped.Currently the pair is close to January highs of 1.10/1.0950 which also corresponds with the 61.8% retracement from mid-January lows and the lower limit of aforementioned channel within which the recovery has evolved. More importantly this is the 20 week EMA and the weekly descending trend.
23 February, 2016 by The TZ Newswire Staff Comments Off on Airbnb catches on in Japan
Airbnb catches on in Japan
23 February, 2016 by The TZ Newswire Staff Comments Off on Chinese investment bank’s 11 page rebuttal to Kyle Bass: "several factual errors"
Chinese investment bank’s 11 page rebuttal to Kyle Bass: "several factual errors"
Economists at China International Capital Corp. have published an 11-page rebuttal of hedge-fund manager Bass’ assessment of China
Says Bass is getting it wrong in three main areas:
23 February, 2016 by The TZ Newswire Staff Comments Off on The Evil Empire Has The World In An Economic "Death Grip"
The Evil Empire Has The World In An Economic "Death Grip"
Authored by Paul Craig Roberts,
In my archives there is a column or two that introduces the reader to John Perkins’ important book, Confessions of an Economic Hit Man.
23 February, 2016 by The TZ Newswire Staff Comments Off on Pain, No Gain
Pain, No Gain
I recently was reading John Murphy’s book, Technical Analysis of the Financial Markets (A MUST read and available in the StockCharts.com Store) and I found a VERY timely quote that I’d like to share:
23 February, 2016 by The TZ Newswire Staff Comments Off on In "Unprecedented, Historic" Move, Senate GOP Will Deny Obama Supreme Court Nominee Hearings
In "Unprecedented, Historic" Move, Senate GOP Will Deny Obama Supreme Court Nominee Hearings
The war between Obama and the Republican Party over Scalia’s Supreme Court replacement just went nuclear.