2 June, 2016 by The TZ Newswire Staff Comments Off on Currencies: Dollar edges lower against rivals as investors watch for U.S. jobs data
Currencies: Dollar edges lower against rivals as investors watch for U.S. jobs data
The dollar was lower against the yen and the euro in quiet Asian trade on Friday, as investors await the closely-monitored U.S.
2 June, 2016 by The TZ Newswire Staff Comments Off on Goldman Sachs: We’re going ‘outright negative’ on China’s yuan
Goldman Sachs: We’re going ‘outright negative’ on China’s yuan
Goldman Sachs blames its change in sentiment on a “weak link” in mainland China’s currency management strategy.
2 June, 2016 by The TZ Newswire Staff Comments Off on CGG: Launch of CGG reverse stock split
CGG: Launch of CGG reverse stock split
2 June, 2016 by The TZ Newswire Staff Comments Off on USDJPY holds 108.50 as Nikkei stays in positive territory
USDJPY holds 108.50 as Nikkei stays in positive territory
Yen demand still noted but support holding so far 3 June 2016
– lows of 108.50 testing bids/support
– lowest level since 16 May
– currently 108.63
– Nikkei turning back up a tad to 16604.25
Bids at 108.50 as I highlighted earlier with reported stops now below there through 108.40 and that’s a level still in play as the rallies remain less than convincing on Nikkei too.
2 June, 2016 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices hover around $50 a barrel as investors mull OPEC, supply data
Futures Movers: Oil prices hover around $50 a barrel as investors mull OPEC, supply data
Brent crudes sticks to $50 barrel mark on Friday as traders the latest supply data, resumption of Canadian oil production and the OPEC decision to not impose a production ceiling.
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