13 May, 2016 by The TZ Newswire Staff Comments Off on Market Snapshot: Pressure builds for U.S. stocks as oil falls, retail sales loom
Market Snapshot: Pressure builds for U.S. stocks as oil falls, retail sales loom
Stock futures pointed lower early Friday as oil prices fell and the market braced for an important update on the state of retail spending in the U.S.
read more
13 May, 2016 by The TZ Newswire Staff Comments Off on What’s more scary than stepping on a scale? This…
What’s more scary than stepping on a scale? This…
13 May, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: IMF warns of pressure on U.K. economy if Brexit materializes
The Wall Street Journal: IMF warns of pressure on U.K. economy if Brexit materializes
The U.K. leaving the European Union could have negative effects on the U.K.
13 May, 2016 by The TZ Newswire Staff Comments Off on China to post a current account surplus in 2016
China to post a current account surplus in 2016
So says China’s fx regulator SAFE. 13 May 2016
– expects capital, financial account deficit in 2016
– will crack down on violations in forex field in 2016
– will prevent risk of abnormal capital flows in 2016
I’m sure we’ll learn in due course how they intend to come down more heavily on fx “violations”
13 May, 2016 by The TZ Newswire Staff Comments Off on Italian government debt rises to record €2.229trln in March
Italian government debt rises to record €2.229trln in March
Latest Italian government data just out 13 May 2016
– vs revised €2.214trln prev
– Q1 state revenues +4.6% yy
– March govt borrowing +€21.5bln
– Q1 treasury liquid assets +€70bln
I had to take a second look at that release to see they weren’t still talking in lira terms!
13 May, 2016 by The TZ Newswire Staff Comments Off on March 2016 UK construction output -3.6% vs -2.5% exp m/m
March 2016 UK construction output -3.6% vs -2.5% exp m/m
Details from the March 2016 UK construction output data report 13 May 2016
These numbers are volatile at the best of times so don’t be taken in by the swings. However, this was the 3rd monthly drop on the spin, a first since the data began.
13 May, 2016 by The TZ Newswire Staff Comments Off on More from the order boards 13 May
More from the order boards 13 May
Here’s the latest on the other key pairs for today 13 May
0.9726 shadowing EURUSD
USDCHF:
Offers: 0.9750 0.9775 0.9800 0.9830 0.9860 0.9900