8 May, 2016 by The TZ Newswire Staff Comments Off on G&C Mutual Bank & Maritime, Mining and Power Credit Union Invest in SocietyOne
G&C Mutual Bank & Maritime, Mining and Power Credit Union Invest in SocietyOne
Australian peer to peer lending platform SocietyOne has completed another funding round that was revealed last month. This time SocietyOne raised $25 million in equity capital from traditional financial firms G&C Mutual Bank and the Maritime, Mining and Power Credit Union. The transaction was reported… Read More
8 May, 2016 by The TZ Newswire Staff Comments Off on Watch out – the “Soros Chart” says the yen will weaken
Watch out – the “Soros Chart” says the yen will weaken
Over the weekend, Bloomberg reported on the famous ‘Soros Chart’ for USD/JPY
– BOJ bond buying has nearly trebled the monetary base in just over three years
8 May, 2016 by The TZ Newswire Staff Comments Off on AUD and NZD orderboards
AUD and NZD orderboards
AUD/USD has already ticked up after early trade, the China trade balance data over the weekend having only a fleeting impact it seems.
– Sellers 0.7395/05, 0.7425/30
currently 0.7374
8 May, 2016 by The TZ Newswire Staff Comments Off on Hillary Vs Donald: How The Next US President Will Impact FX Trading And The US Dollar
Hillary Vs Donald: How The Next US President Will Impact FX Trading And The US Dollar
With the Trump vs Clinton showdown set to begin and conclude precisely 6 months from today, the market is finally starting to focus on how either of the two presidential contenders will impact various asset classes. In this vein, over the weekend, Deutsche Bank’s Alan Ruskin issued a report on how FX trading will be influenced by politics, noting that the channels through which the coming election will influence the USD are complex and sometimes contradictory – which will probably mute the response to some degree.
8 May, 2016 by The TZ Newswire Staff Comments Off on PayPal Axes Buyer Protection for Rewards Crowdfunding Campaigns
PayPal Axes Buyer Protection for Rewards Crowdfunding Campaigns
PayPal has announced it will no longer provide Purchase Protection for rewards-based crowdfunding campaigns. Beginning June 25th, if you used PayPal to support a crowdfunding campaign on Kickstarter or Indiegogo and you have backers regret – you are out of luck. Until this date, you… Read More
8 May, 2016 by The TZ Newswire Staff Comments Off on Economic data due from Asia today – Japan, Australia
Economic data due from Asia today – Japan, Australia
The docket is sparse today
(the March meeting). The result of this meeting was a no change for monetary policy (excepting the bank exempting money reserve funds (MRF) from negative interest rates).
8 May, 2016 by The TZ Newswire Staff Comments Off on WTI Crude Jumps At Open, Nears $46
WTI Crude Jumps At Open, Nears $46
Following modest strength in Middle East stocks…
It appears the Sunday night algos are currently positive on a new Saudi Oil Minister. June WTI crude has run Friday’s highs stops and pushed up around 2.5% at the open on decent volume…