23 May, 2016 by The TZ Newswire Staff Comments Off on Wheelbarrow Economics
Wheelbarrow Economics
23 May, 2016 by The TZ Newswire Staff Comments Off on Japan finance minister Aso hinting at intervention criteria
Japan finance minister Aso hinting at intervention criteria
Comments again from Japan’s finance minister Aso
– FX move of 5 yen over 2 days considered one-way, lopsided
– Natural that each country has different view on FX market
The G7 reiterated currency intervention is a no-no. BUT, if a country reckons moves are one-sided, one-way, or otherwise excessive volatile then an intervention will be tolerated.
23 May, 2016 by The TZ Newswire Staff Comments Off on While we are on the yuan – check out the basket case
While we are on the yuan – check out the basket case
We get the USD/CNY daily setting Monday to Friday from the People’s Bank of China.
Once a week, though, the China Foreign Exchange Trade System (a unit of the PBOC) gives us the rate for the RMB against its basket. CFETS manages the RMB basket, which contains the currencies of 13 of China’s major trading partners.
23 May, 2016 by The TZ Newswire Staff Comments Off on Does Domino’s Have a Debt Problem?
Does Domino’s Have a Debt Problem?
A company with too much debt on its balance sheet may have a hard time managing financial headwinds. Mounting debt obligations can severely cut into net profit if operating expenses or costs of goods sold increase or the company sees a decline in sales.
23 May, 2016 by The TZ Newswire Staff Comments Off on Here’s How The U.S. Government Treats Whistleblowers
Here’s How The U.S. Government Treats Whistleblowers
Submitted by Michael Krieger of LibertyBlitzkrieg
Here’s How the U.S. Government Treats Whistleblowers
What is it about whistleblowers that the powers that be can’t stand?
23 May, 2016 by The TZ Newswire Staff Comments Off on People’s Bank of China sets yuan reference rate at 6.5468 (vs. yesterday at 6.5455)
People’s Bank of China sets yuan reference rate at 6.5468 (vs. yesterday at 6.5455)
PBOC injects of 65bn yuan via 7-day reverse repos
23 May, 2016 by The TZ Newswire Staff Comments Off on Japan chief cabinet secretary Suga: Economy on gradual recovery trend
Japan chief cabinet secretary Suga: Economy on gradual recovery trend
Suga and Aso on the wires this Tokyo morning – not much new or interesting from them I’m afraid
– Suga: Economy on gradual recovery trend, consumption weak
– Aso said the G7 agreed to bosst demand by fiscal, monetary & regulatory means