29 June, 2016 by The TZ Newswire Staff Comments Off on Venezuela: Mired in Crisis, With No Clear Path Ahead
Venezuela: Mired in Crisis, With No Clear Path Ahead
With Venezuela facing an unprecedented economic crisis, time is running out to enact much-needed reforms and avoid a drawn-out catastrophe. Venezuela is a time bomb. The opposition, led by former presidential candidate Enrique Capriles…
29 June, 2016 by The TZ Newswire Staff Comments Off on Bond Mechanics in a Negative Interest Rate World
Bond Mechanics in a Negative Interest Rate World
We’re going to talk about bonds today but before we get to that, I want to briefly point out why the Brexit event is impacting US markets so heavily. As we’ve discussed many times here at DTL, the strength of the US dollar dictates…
29 June, 2016 by The TZ Newswire Staff Comments Off on Today’s Quiz: Donald Trump, Bernie Sanders, Hillary Clinton – Who Said It?
Today’s Quiz: Donald Trump, Bernie Sanders, Hillary Clinton – Who Said It?
It’s quiz time. I will list a statement. You decide who said it. The correct answer is either Bernie Sanders, Donald Trump, or Hillary Clinton.
29 June, 2016 by The TZ Newswire Staff Comments Off on China Signals a New, Accepting Approach to Digital Currencies
China Signals a New, Accepting Approach to Digital Currencies
China’s government has signaled that it is warming up to digital currency with a new proposed civil law that may recognize people’s legal right to own virtual assets, including digital currencies.
29 June, 2016 by The TZ Newswire Staff Comments Off on Nigeria’s Central Bank, Citibank Launch FX Futures Contracts
Nigeria’s Central Bank, Citibank Launch FX Futures Contracts
The Nigerian Central Bank is looking to firm up its exchange rate with the USD, introducing FX futures contracts.
29 June, 2016 by The TZ Newswire Staff Comments Off on ABN Amro slashes UK 2017 GDP forecast after Brexit vote
ABN Amro slashes UK 2017 GDP forecast after Brexit vote
ABN Amro sees slower British growth
The economists at ABN Amro see 2016 relatively unchanged at 1.5% compared to 1.6 but a prolonged period of uncertainty will hurt 2017 growth badly. They now forecast growth at 0.5% next year compared to 2.5% previously.