8 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: In a surprise, Bank of Korea cuts rate to all-time low
The Wall Street Journal: In a surprise, Bank of Korea cuts rate to all-time low
South Korea’s central bank took markets by surprise by cutting its main policy rate Thursday to a record low, in a move to support the economy.
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8 June, 2016 by The TZ Newswire Staff Comments Off on Yamada: Professionals Confused Over Stock Market
Yamada: Professionals Confused Over Stock Market
The picture remains murky when it comes to U.S. equities, and market observers aren’t sure what to make of current conditions, noted Louise Yamada on Saturday. The current situation is hard to decipher, Yamada noted: “It’s very complicated for everybody, even…
8 June, 2016 by The TZ Newswire Staff Comments Off on Instant Analysis: IBM Inks a $300 Million Deal With Emirates
Instant Analysis: IBM Inks a $300 Million Deal With Emirates
IBM (NYSE: IBM) recently signed a new $300 million, 10-year IT “infrastructure as a service” (IaaS) agreement with Dubai’s Emirates Airline. The deal will help the world’s fourth-largest carrier of international passengers encrypt its data in near real-time and improve the efficiency of its passenger support systems. The new platform will also enable Emirates to build its own apps using IBM’s APIs.
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8 June, 2016 by The TZ Newswire Staff Comments Off on Soros Returns To Trading With "Big, Bearish" Bets On Economic Turmoil
Soros Returns To Trading With "Big, Bearish" Bets On Economic Turmoil
One month ago, we were stunned to report that none other than billionaire Carl Icahn had taken the net exposure of his hedge fund, Icahn Enterprises, from a modest net 25% short – his recent negative bias on the market was hardly a secret – to a practically apocalyptic, 149% net short which is about as close to betting on a market crash as one could get.
8 June, 2016 by The TZ Newswire Staff Comments Off on Japan April machine orders plunge
Japan April machine orders plunge
Worst decline since May 2014
Japanese machine orders fell 11.0% m/m in April, the worst in nearly 2 years. Orders were expected to fall 3.0% after a 5.5% rise in March.
8 June, 2016 by The TZ Newswire Staff Comments Off on Salter Asset Management Weekly Market Letter
Salter Asset Management Weekly Market Letter
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8 June, 2016 by The TZ Newswire Staff Comments Off on More Follow-Through on Breakout – Gold Continues to Impress
More Follow-Through on Breakout – Gold Continues to Impress
No signal changes on the DecisionPoint Scoreboards, meaning that all remains bullish with only a few bearish exceptions for the long term. Indicators in the short term are mixed but the intermediate-term indicators remain bullish. Gold’s rally is continuing while the Dollar is struggling. Bonds may have a bearish pattern on its hands.
The purpose of the DecisionPoint Alert