7 March, 2016 by The TZ Newswire Staff Comments Off on China export collapse in February – analyst responses
China export collapse in February – analyst responses
When I saw ‘collapse in exports in February’, it was the same story in January too … no smoothing the two months this lunar new year!
But, as I said before … everyone says the data is fictional, so logically there is nothing to worry about.
7 March, 2016 by The TZ Newswire Staff Comments Off on China Trade Balance Plunges To 11-Month Lows As Exports Crash Over 25%
China Trade Balance Plunges To 11-Month Lows As Exports Crash Over 25%
Worse than expected is an understatement.
Things are not getting better in China as Exports crashed 25.4% YoY (the 3rd largest drop in history), almost double the 14.5% expectation and Imports tumbled 13.8%, the 16th month of YoY decline – the longest ever. Altogether this sent the trade surplus down to $32.6bn (missing expectations of $51bn) to 11-month lows.
7 March, 2016 by The TZ Newswire Staff Comments Off on European leaders cheer ‘breakthrough deal’ on migrants
European leaders cheer ‘breakthrough deal’ on migrants
EU leaders welcomed Turkey’s offer to take back migrants who cross into Europe, and agreed in principle to Ankara’s demands for more money.
7 March, 2016 by The TZ Newswire Staff Comments Off on Brent breaches $40 but is it ready for $50?
Brent breaches $40 but is it ready for $50?
Predictions of an oil rally to $50 a barrel has markets excited, but IHS cautions that the commodity hasn’t done rebalancing yet.
7 March, 2016 by The TZ Newswire Staff Comments Off on Email Issues With Microsoft
Email Issues With Microsoft
It’s recently come to our attention that email services associated with Microsoft (Hotmail, Outlook, MSN, Live) have started blocking the Peak Prosperity server that sends out our emails.
7 March, 2016 by The TZ Newswire Staff Comments Off on The ForexLive funny pictures thread! (China trade balance collapse edition)
The ForexLive funny pictures thread! (China trade balance collapse edition)
OK, its time to light up the internet with some funny pictures, from exports:
I’m pretty sure that’s a typo – the title should be ‘Hysterical Chart’
And now, imports: