16 March, 2016 by The TZ Newswire Staff Comments Off on TRuMP KNoWS NoTHiNG…
TRuMP KNoWS NoTHiNG…
16 March, 2016 by The TZ Newswire Staff Comments Off on Shorts Slammed As Yuan Spikes Most In 6 Weeks
Shorts Slammed As Yuan Spikes Most In 6 Weeks
The Fed’s cowardly “hold” sparked an avalanche of Yuan buying, USD selling this afternoon, squeezing shorts enough to dissolve the last 3 days of weakness. The 450 pips rip was the biggest since early February as for the 2nd time in a week (ECB and Fed) Yuan shorts have been taken to the cleaners…
16 March, 2016 by The TZ Newswire Staff Comments Off on Australia data: Employment change: +0.3K (expected +13.5K)
Australia data: Employment change: +0.3K (expected +13.5K)
Australian employment data for February
Employment Change: +0.3K
– expected +13.5K, prior -7.5K
Unemployment Rate: 5.8%
– expected 6.0%, prior 6.0%
Full Time Employment Change, +15.9K
16 March, 2016 by The TZ Newswire Staff Comments Off on Dollar nurses losses after Fed eyes fewer hikes
Dollar nurses losses after Fed eyes fewer hikes
The dollar nursed losses in Asian trading on Thursday after declining sharply following the Fed’s decision to halve its outlook for rate hikes.
16 March, 2016 by The TZ Newswire Staff Comments Off on Australian employment data coming up at the bottom of the hour
Australian employment data coming up at the bottom of the hour
Australian February employment data due at 0030GMT
What to expect is here
For the AUD …
The overnight moves post FOMC have wiped out much of the order book interest close to market. This is quite normal, any orders that were hanging around in the range we saw have been done, of course.
16 March, 2016 by The TZ Newswire Staff Comments Off on Is Microsoft Moving Away From Video Game Consoles?
Is Microsoft Moving Away From Video Game Consoles?
Moving away from hardware and focusing on extending Windows 10 could give Microsoft an advantage.
16 March, 2016 by The TZ Newswire Staff Comments Off on Japanese Exports To US Plunge Most Since 2011 As Weak Yen Tailwind Evaporates
Japanese Exports To US Plunge Most Since 2011 As Weak Yen Tailwind Evaporates
Japan just posted its largest trade surplus in 5 years (+JPY243bn) as exports dropped 4% YoY (worse than expected) but imports fell 14.2% (better than expected). However, the biggest standout was the ongoing deterioration in Japanese exports to the US which dropped by the most since 2011 as the ‘advantages’ of a devalued currency appear to have hit their limit. Time for some more devaluation Abe… or Peter Pan(ic).