The Traderszone Network

21 June, 2016 by The TZ Newswire Staff Comments Off on What You Need to Know About Caesars Entertainment’s Lawsuit Now

What You Need to Know About Caesars Entertainment’s Lawsuit Now

Caesars Palace Las Vegas
Caesars Palace in Las Vegas, one of Caesars Entertainment’s flagship properties. Image source: Caesars.com.

The drama surrounding Caesars Entertainment (NASDAQ: CZR) and its legal battle with bondholders continues to evolve. Even though the presiding judge recently gave Caesars a trial extension to continue negotiations, it looks as if the end of this expensive game could be coming soon.

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21 June, 2016 by The TZ Newswire Staff Comments Off on Take-Two at E3: What Investors Need to Know

Take-Two at E3: What Investors Need to Know

Mafia

Take Two focused on Mafia 3 at E3 2016; Image source: Take Two.

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21 June, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.5935 (vs. yesterday at 6.5656)

PBOC sets USD/CNY central rate at 6.5935 (vs. yesterday at 6.5656)

PBOC injects 150bn yuan via 7-day reverse repos
People’s Bank of China taking a chunk out of the yuan today

And here’s an update on the basket (downtrend for the CNY intact):

21 June, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: North Korea test-fires two missiles; at least one fails

The Wall Street Journal: North Korea test-fires two missiles; at least one fails

North Korea test-fired two ballistic missiles from its eastern coast on Wednesday, South Korean and U.S.

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21 June, 2016 by The TZ Newswire Staff Comments Off on "Can’t We Just Print More Money?"

"Can’t We Just Print More Money?"

By Chris at www.CapitalistExploits.at

Let’s talk debt today.

Readers will know that we’ve been keeping a close watch on the global bond markets for a long time now.

Contrary to what the politicians would have us believe, there has been no deleveraging after the GFC. Quite the opposite – global debt has been growing steadily by an average of 5% per year ever since 2007 and now stands at an incredible 286% of world GDP.

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21 June, 2016 by The TZ Newswire Staff Comments Off on Yellen testimony wrap-up: Fed cautious on rates due to Brexit, US hiring slowdown

Yellen testimony wrap-up: Fed cautious on rates due to Brexit, US hiring slowdown

Janet Yellen appeared in the US Congress Tuesday (or as I like to call it, ‘overnight’)
Reuters have a bit of a recap up on what they say was “a generally civil 2-1/2-hour hearing”

21 June, 2016 by The TZ Newswire Staff Comments Off on North Korea files second missile, after first launch fails

North Korea files second missile, after first launch fails

North Korea fired a second missile on Wednesday, after South Korean and U.S. officials said an earlier launch had failed.