7 June, 2016 by The TZ Newswire Staff Comments Off on Here are three trading opportunities for the S&P
Here are three trading opportunities for the S&P
The 2130 level is a tough resistance level for the S&P 500 index and this offers traders three types of opportunities.
7 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Donald Trump says he’s done talking about judge in Trump University suit
The Wall Street Journal: Donald Trump says he’s done talking about judge in Trump University suit
Under heavy fire for his attacks on a federal judge handling Trump University litigation, Donald Trump on Tuesday abruptly announced he would no longer discuss the roiling controversy.
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7 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Amazon to invest another $3 billion in India
The Wall Street Journal: Amazon to invest another $3 billion in India
Amazon.com Inc.
7 June, 2016 by The TZ Newswire Staff Comments Off on A Trump presidency would bite financial markets: Nomura
A Trump presidency would bite financial markets: Nomura
Nomura declared Trump a major market risk, predicting turbulence if the presumptive Republican nominee moves into the White House.
7 June, 2016 by The TZ Newswire Staff Comments Off on A Trump presidency would bite financial markets: Nomura
A Trump presidency would bite financial markets: Nomura
Nomura declared Trump a major market risk, predicting turbulence if the presumptive Republican nominee moves into the White House.
7 June, 2016 by The TZ Newswire Staff Comments Off on More on Chinese trade balance figures (much stronger imports)
More on Chinese trade balance figures (much stronger imports)
Details of the trade balance report
– Exports -4.1% vs -4.0% y/y expected
– Imports -0.4% vs -6.8% y/y expected
– Trade balance $49.9B vs $58.0B exp
If you’re going to miss on trade balance, you want it to be on better than expected imports. That shows strong industrial or domestic consumer demand.
7 June, 2016 by The TZ Newswire Staff Comments Off on Chinese retail automobile sales up 11.4% y/y in May
Chinese retail automobile sales up 11.4% y/y in May
More Chinese data hitting
The source is Chinese Passenger Car Association and they say May auto sales were 1.76m units.
That’s a tougher number to fake and points to a solid transition towards the consumer.