8 June, 2016 by The TZ Newswire Staff Comments Off on No Fly No Buy: Obama’s Last Ditch Effort To Cripple The Second Amendment
No Fly No Buy: Obama’s Last Ditch Effort To Cripple The Second Amendment
8 June, 2016 by The TZ Newswire Staff Comments Off on Most Brexit polls miss the point (but the latest one gets it)
Most Brexit polls miss the point (but the latest one gets it)
One or two point swings miss the big picture
The recent mini-surge in the ‘leave’ side ahead of the Brexit hammered the pound but it ignored the elephant in the room.
8 June, 2016 by The TZ Newswire Staff Comments Off on Euro rises to highest since May 12, what level to watch
Euro rises to highest since May 12, what level to watch
EUR/USD climbs above Wednesday high
The euro has caught a small bid in Asia-Pacific trading and it’s helped it above yesterday’s high of 1.1411.
The level to watch is 1.1418, which is the 61.8% retracement of the May drop.
8 June, 2016 by The TZ Newswire Staff Comments Off on Americans Have Never Been Fatter – And It’s Getting Worse
Americans Have Never Been Fatter – And It’s Getting Worse
Two recent reports from the Centers for Disease Control (CDC) show that efforts to encourage Americans to lose weight aren’t working.
8 June, 2016 by The TZ Newswire Staff Comments Off on Tokyo May average office vacancies 4.05 vs 4.23 prior
Tokyo May average office vacancies 4.05 vs 4.23 prior
Tokyo office space data
“Yeah, if you could go ahead and get that 2% inflation right away, that’d be great.”
What are all those people in all those offices doing? Someone’s gotta get the economy going.
8 June, 2016 by The TZ Newswire Staff Comments Off on Yuan midpoint publication was wrong and has been withdrawn
Yuan midpoint publication was wrong and has been withdrawn
Fresh PBOC advisory
So what looked like China leaning against USD/CNY strength was some kind of mistake. The PBOC midpoint we reported has been withdrawn. China is on holiday today and in China — where everything is controlled — that includes FX.
8 June, 2016 by The TZ Newswire Staff Comments Off on More from RBNZ Governor Wheeler (and McDermott)
More from RBNZ Governor Wheeler (and McDermott)
Wheeler went from the RBNZ press conference to Parliament
– RBNZ’s ability to influence currency very limited
– NZD outlook assumes a stronger USD
– Fed rate increase ‘would certainly be helpful’
McDermott may have had the most telling comment, saying the economy is forecast to run faster than potential. That’s the kind of thing you say when you’re not planning to cut rates anymore.