19 May, 2016 by The TZ Newswire Staff Comments Off on Westpac on the AUD: Fed officials should keep AUD under pressure
Westpac on the AUD: Fed officials should keep AUD under pressure
Comments from WPAC on the AUD, from the Fed, commodities, jobs, monetary policy
– Near term, we expect Fed officials to reinforce their hawkish message on the summer FOMC meetings, supporting USD. This should keep AUD/USD under pressure.
Looking ahead … Event risk:
19 May, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.5510 (vs. yesterday at 6.5531)
PBOC sets USD/CNY mid-point today at 6.5510 (vs. yesterday at 6.5531)
People’s Bank of China announces “TGIF” injection of 50bn yuan via 7-day reverse repos
For the week, PBOC injects net 50 bn yuan (110bn drain last week)
19 May, 2016 by The TZ Newswire Staff Comments Off on Hunt for EgyptAir’s MS804 ongoing as mystery surrounds events on missing plane
Hunt for EgyptAir’s MS804 ongoing as mystery surrounds events on missing plane
EgyptAir appeared to wind back claims that wreckage found near the Greek island of Karpathos was from missing flight MS804.
19 May, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Japan’s surprise growth deflates push for fiscal stimulus
The Wall Street Journal: Japan’s surprise growth deflates push for fiscal stimulus
The first-quarter growth that Japan registered on Wednesday was bad news for policy makers seeking looser fiscal policy: It decreased the political imperative for a big stimulus package while not signaling any sustained recovery.
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19 May, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Bayer’s Monsanto bid likely to face antitrust hurdles
The Wall Street Journal: Bayer’s Monsanto bid likely to face antitrust hurdles
Bayer AG’s offer to buy Monsanto Co., on the heels of two other giant agricultural deals, would put a significant share of the corn-seed and pesticide market in the hands of just three companies, raising concerns among U.S.
19 May, 2016 by The TZ Newswire Staff Comments Off on Mutual Funds Weekly: The 401(k) was never supposed to be a fund industry money-maker
Mutual Funds Weekly: The 401(k) was never supposed to be a fund industry money-maker
The inventor of the 401(k) says he created a ‘monster’
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19 May, 2016 by The TZ Newswire Staff Comments Off on China moves – new PBOC dep gov. named & CBRC vice chair resigns
China moves – new PBOC dep gov. named & CBRC vice chair resigns
Some movement in China (Headlines via Bloomberg)
– Zhang Tao is a new People’s Bank of China deputy governor
(joining all the others – there is a least 6 of them)