28 April, 2016 by The TZ Newswire Staff Comments Off on Dollar on the slide, USD/JPY under 107.30
Dollar on the slide, USD/JPY under 107.30
The overnight (relative) stability in the USD/JPY is well and truly over
The USD has been a little weaker over the past couple of hours but its accelerated hard as the People’s Bank of China set the CNY ‘fix’ a lot stronger today
28 April, 2016 by The TZ Newswire Staff Comments Off on Australian data, Q1 PPI and private sector credit
Australian data, Q1 PPI and private sector credit
USD/JPY back on the slide (USD losing ground across the board)
Meanwhile, some Aussie data out now:
Q1 PPI -0.2% q/q (prior +0.3%) & +1.2% y/y (prior +1.9%
28 April, 2016 by The TZ Newswire Staff Comments Off on Facebook Inc. and Ford Motor Company Jump as Stocks Sink
Facebook Inc. and Ford Motor Company Jump as Stocks Sink
Why these two stocks logged solid gains even as major indexes fell hard on Thursday.
28 April, 2016 by The TZ Newswire Staff Comments Off on Bears Take the Reins – Dollar Reaches Important Support
Bears Take the Reins – Dollar Reaches Important Support
The market took a hit today as the bears took the reins and directed price back down the hill. The Nasdaq 100 which has not been enjoying the same rally of the other indexes, suffered greatly today. Apple took a huge hit when investors found out that Carl Icahn doesn’t own any of its stock which brought the index down. This wreaked the same havoc on the Dow Industrials. Despite the wild ride…
28 April, 2016 by The TZ Newswire Staff Comments Off on Is Jack Ma buying Italian football club AC Milan? Hard to tell
Is Jack Ma buying Italian football club AC Milan? Hard to tell
Is China’s richest man, Jack Ma, buying storied Italian football club A.C. Milan?
28 April, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.4589 (vs. yesterday at 6.4954)
PBOC sets USD/CNY mid-point today at 6.4589 (vs. yesterday at 6.4954)
PBOC injects 30bn yuan via 7-day reverse repos
Big move higher for the CNY against the USD following yesterday’s surge of the yne vs. the USD
How big? That’s the biggest hike in yuan fix since July of 2005
28 April, 2016 by The TZ Newswire Staff Comments Off on Junk Economics: Michael Hudson Rages "Wall Street Has Taken Over The Economy.. & Is Draining It"
Junk Economics: Michael Hudson Rages "Wall Street Has Taken Over The Economy.. & Is Draining It"
Submitted by Annie Zhou via FinancialRepressionAuthority.com,
FRA Co-founder Gordon T. Long is joined by Professor Michael Hudson in discussing his concept of the FIRE economy and its influence on the production and consumption economy, along with some of his writings.