10 March, 2016 by The TZ Newswire Staff Comments Off on Why China fixed the yuan higher against the dollar
Why China fixed the yuan higher against the dollar
China’s central bank Friday guided the yuan higher against the dollar by the fastest pace this year, leaving some puzzled by the move’s size.
10 March, 2016 by The TZ Newswire Staff Comments Off on Coca Cola Fizzes To New Highs (KO)
Coca Cola Fizzes To New Highs (KO)
The new-highs list is littered with Consumer Staples and Utilities Companies. This week, Coca-Cola (KO) popped to new highs and the chart looks great. The SCTR is nice and high. The breakout looks like a textbook breakout. Even without Friday’s action, the volume is already above average.
10 March, 2016 by The TZ Newswire Staff Comments Off on Strategist that Warned of Market Peak in 2007 Says to Get Defensive
Strategist that Warned of Market Peak in 2007 Says to Get Defensive
Chris Puplava, Chief Investment Officer at PFS Group, regularly warned Financial Sense readers that the market was peaking in 2007, comparing the situation to the tech bubble of 2000 and telling readers to Watch Out Below! Currently, he believes the best of US economic growth…
10 March, 2016 by The TZ Newswire Staff Comments Off on China said to finalise new rules for facilitating debt-to-equity swap
China said to finalise new rules for facilitating debt-to-equity swap
Bloomberg with the headline
It’ll be referring to this that Adam posted. You may have missed it ’cause the EUR was rather, errr, active overnight, but if you did, better read it! Seriously…
10 March, 2016 by The TZ Newswire Staff Comments Off on Forexlive Asia FX News 11 Mar
Forexlive Asia FX News 11 Mar
Forex news for Asia trading Friday 11 March 2016
After the huge action in EUR post-Draghi it was an anti-climax here in Asia today.
On the data front it was a subdued day, NZ house prices continue to rise, NZ food inflation dipped, as did manufacturing PMI, and Japanese business sentiment worsened.
10 March, 2016 by The TZ Newswire Staff Comments Off on Asia Markets: Asian markets take ECB stimulus moves in stride
Asia Markets: Asian markets take ECB stimulus moves in stride
Asian stocks were choppy Friday as investors brushed off a bigger than expected stimulus package from the European Central Bank.
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10 March, 2016 by The TZ Newswire Staff Comments Off on Australian court sentences insider trader to 8 years in jail
Australian court sentences insider trader to 8 years in jail
Steven Xiao pleaded guilty to carrying out more than 100 illegal trades and has received 8 years an 3 months in jail
I don’t condone illegal trading
It seems like a long sentence compared to those sometimes handed down for violent crime