30 May, 2016 by The TZ Newswire Staff Comments Off on China wants a weaker currency: Macquarie
China wants a weaker currency: Macquarie
The fact that the renminbi has weakened against a basket of currencies in recent months indicates Chinese authorities want to engineer gradual depreciation, notes Gareth Berry of Macquarie,
30 May, 2016 by The TZ Newswire Staff Comments Off on Australia Q1 GDP coming up Wednesday – revised estimates (higher)
Australia Q1 GDP coming up Wednesday – revised estimates (higher)
I posted last week on consensus expectations for Australian Q1 GDP
In the last hour, though, we got a much better result on Q1 exports, and I’ve just seen that CBA economists have revised their expectations much higher now, to 1.1% q/q and a bonza 3.2% y/y
30 May, 2016 by The TZ Newswire Staff Comments Off on This country has the highest number of slaves globally
This country has the highest number of slaves globally
Almost 46 million people are living as slaves globally with the greatest number in India, according to the Global Slavery Index.
30 May, 2016 by The TZ Newswire Staff Comments Off on China backtracks on cross-border sales tax – just a month after it was introduced
China backtracks on cross-border sales tax – just a month after it was introduced
China’s authorities rolled back on their new sales tax program in an attempt to avoid a pile of problems in the e-commerce space.
30 May, 2016 by The TZ Newswire Staff Comments Off on The Endless Dodge – Why Washington Doesn’t Come Clean On The Downing Of MH-17
The Endless Dodge – Why Washington Doesn’t Come Clean On The Downing Of MH-17
30 May, 2016 by The TZ Newswire Staff Comments Off on "GBP up on Brexit poll"
"GBP up on Brexit poll"
GBP is higher on the Brexit poll
That’s the narrative.
You know, ladies and gentlemen … there are a whole bunch of stories out there, once the price moves it’s a simple matter of just picking the right story. Or so it seems anyway.
30 May, 2016 by The TZ Newswire Staff Comments Off on Looks like we’ll get detail on Japan’s sales tax decision at 2.30pm Tokyo time
Looks like we’ll get detail on Japan’s sales tax decision at 2.30pm Tokyo time
2.30pm Tokyo time is 0530GMT
– Komeito Party leader Yamaguchi says he will explain Abe’s policy at a 2.30 meeting
Headlines via Bloomberg
–
Komeito Party is Abe’s LDP coalition partner