17 March, 2016 by The TZ Newswire Staff Comments Off on Central Bankers’ Embarrassment Of Stitches
Central Bankers’ Embarrassment Of Stitches
17 March, 2016 by The TZ Newswire Staff Comments Off on China stockmarket opening indications – Shanghai Comp to open +0.4%
China stockmarket opening indications – Shanghai Comp to open +0.4%
CSI300 index to open +0.4% also
17 March, 2016 by The TZ Newswire Staff Comments Off on USD copping a thrashing, AUD, gold, NZD all higher (amongst others :-D )
USD copping a thrashing, AUD, gold, NZD all higher (amongst others :-D )
Some sharp moves in Asia this morning
– AUD has surged to a new high (for this move)
– Gold no laggard, above US1265
– EUR, GBP, CHF knocking on the door of overnight highs.
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17 March, 2016 by The TZ Newswire Staff Comments Off on Markets Facing "Global Overhang of Draining Liquidity," Says Expert
Markets Facing "Global Overhang of Draining Liquidity," Says Expert
In today’s podcast, Patrick Nipper of Renaissance Macro (a.k.a. RenMac) cautioned listeners that a “global overhang of draining liquidity” is weighing on the markets and that when you look at the aggregate picture of global central banking balance sheets…
17 March, 2016 by The TZ Newswire Staff Comments Off on Euro: ECB "may well need to prepare for verbal intervention"
Euro: ECB "may well need to prepare for verbal intervention"
A snippet from MNI overnight that appears to have gone largely unnoticed
– An MNI sources story, said ECB members gathering for a non-monetary policy meeting in Frankfurt Wednesday were likely troubled by the currency market reaction to the Fed’s March statement and “may well need to prepare for verbal intervention.”
MNI speculate on at what level verbal intervention might kick in:
17 March, 2016 by The TZ Newswire Staff Comments Off on Australian foreign investment rules tightened – more detail
Australian foreign investment rules tightened – more detail
The Australian Financial Review with more detail on how
Australian Treasurer Scott Morrison will tighten FIRB rules
– Proposed change would ensure future sales of critical infrastructure to privately-owned investors are scrutinised by the Foreign Investment Review Board