22 June, 2016 by The TZ Newswire Staff Comments Off on Apple Inc. Catches a Much-Needed Break in India
Apple Inc. Catches a Much-Needed Break in India
In what has been a challenging past 12 months for Apple (NASDAQ: AAPL) stock, the Mac maker’s difficulties in expanding deeper into India have made for an important and frustrating story line.
22 June, 2016 by The TZ Newswire Staff Comments Off on Elon Musk’s latest deal pits Wall Street against Silicon Valley
Elon Musk’s latest deal pits Wall Street against Silicon Valley
Elon Musk is undoubtedly a visionary, but getting Tesla investors excited about SolarCity won’t be easy.
22 June, 2016 by The TZ Newswire Staff Comments Off on BOJ’s Kiuchi: Additional effects of monetary easing are diminishing
BOJ’s Kiuchi: Additional effects of monetary easing are diminishing
Takahide Kiuchi is a member of the Bank of Japan monetary policy Board
He has been a serial dissenter – doesn’t like the expanded QQE program, doesn’t like negative rates.
22 June, 2016 by The TZ Newswire Staff Comments Off on China Warns The US That It Is "The Wrong Opponent To Play Games With"
China Warns The US That It Is "The Wrong Opponent To Play Games With"
Two US aircraft carriers, the John C. Stennis and Ronald Reagan, began joint operations in the seas just east of the Philippines over the weekend the US Navy announced on Monday. The operations come during a tense time in the region, as China recently announced that it would not adhere to any unfavorable ruling that may come from The Hague regarding the Philippines formal challenge of territorial claims in the South China Sea.
22 June, 2016 by The TZ Newswire Staff Comments Off on Goldman Sachs – How EUR might behave after the UK Brexit vote
Goldman Sachs – How EUR might behave after the UK Brexit vote
Goldman Sachs on Brexit, and the EUR/USD
, because it would represent a negative confidence shock to a region that is struggling to reflate. We think this would allow “doves” on
the ECB Governing Council to shift back into proactive mode and pursue
more activist monetary easing, setting the stage for a resumption of the
Euro downtrend.
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22 June, 2016 by The TZ Newswire Staff Comments Off on People’s Bank of China sets yuan reference rate at 6.5658 (vs. yesterday at 6.5935)
People’s Bank of China sets yuan reference rate at 6.5658 (vs. yesterday at 6.5935)
PBOC injects 60bn yuan via 7-day reverse repos
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A stronger yuan setting today; the USD weakened since the previous day’s setting.