7 April, 2016 by The TZ Newswire Staff Comments Off on Here’s a quick early look at what’s happening in currencies – orders and tech levels
Here’s a quick early look at what’s happening in currencies – orders and tech levels
While I get a little break from all the data, here’s my quick analysis of some pairs
USDJPY
Continues to push back from it’s wobble yesterday. 109.00 is the obvious resistance level here followed by 109.30/35, 109.50/60, 109.90, 110.00. 110.00 is where I expect the biggest resistance to be and the level I’d feel most comfortable shorting.
7 April, 2016 by The TZ Newswire Staff Comments Off on Alcoa to supply 3D-printed materials for Airbus
Alcoa to supply 3D-printed materials for Airbus
The agreement follows the lightweight metals producer’s $1 billion deal in October to supply the airplane maker (TICKER:FR:AIR) with bolts, rivets and other pieces used to hold planes together.
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7 April, 2016 by The TZ Newswire Staff Comments Off on Why the Fed has to act early: Nomura’s Koo
Why the Fed has to act early: Nomura’s Koo
The market may believe the Fed moved to quickly on raising rates last year, yet one economist offers a reason why they had to act when they did.
7 April, 2016 by The TZ Newswire Staff Comments Off on Mildly positive start for European stocks
Mildly positive start for European stocks
European stock market open 8 April 2016
– FTSE +0.5%
– Cac +0.3%
– Dax +0.5%
– Ibex +0.3%
– FTSE Mib +0.9%
European bonds
– Italy 1.35% -4bp
– Spain 1.57% -4bp
The final Asia stock scorecard
7 April, 2016 by The TZ Newswire Staff Comments Off on March 2016 Swiss CPI -0.9% vs -0.9% exp y/y
March 2016 Swiss CPI -0.9% vs -0.9% exp y/y
March 2016 Swiss CPI data report 8 April 2016
– Prior -0.8%
– 0.3% vs 0.3% exp m/m. Prior 0.2%
– HICP -1.0% vs -1.1% exp y/y. Prior -0.9%
– 0.4% vs 0.3% exp m/m. Prior 0.2%
Deflation increases in Switzerland.
7 April, 2016 by The TZ Newswire Staff Comments Off on Gloom and doom not the right way: Blanchard
Gloom and doom not the right way: Blanchard
Fmr. IMF economist Blanchard believes the ECB need not take further action by cutting deposit rates further into negative territory.
7 April, 2016 by The TZ Newswire Staff Comments Off on Spanish house sales jump 15.8% y/y in Feb
Spanish house sales jump 15.8% y/y in Feb
Spanish property transaction for February 2016
– Prior -2.9%
– 7.3% m/m
A hefty jump but looking at the chart it looks like it’s a seasonal thing. The biggest take is that there’s not been big drops in form since early 2014 and that indicates stability in the Spanish property market.