30 June, 2016 by The TZ Newswire Staff Comments Off on Gold gaining
Gold gaining
Just noting this …. gold on the move;
There is no particular news I’ve heard, nothing I can put my finger on. Except that its gold, what’s not to love? 😀
30 June, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.6496 (vs. yesterday at 6.6312)
PBOC sets USD/CNY mid-point today at 6.6496 (vs. yesterday at 6.6312)
PBOC injects 50bn yuan via 7-day reverse repos
The People’s Bank of China has injected a net 180bn yuan for the week (was a 340bn yuan injection the previous week)
30 June, 2016 by The TZ Newswire Staff Comments Off on China’s fin min comments on local government debt
China’s fin min comments on local government debt
China’s finance minister Lou Jiwei:
– Says China will use proactive fiscal policies to reduce overcapacity, help firms restructure debt
– Says China will accelerate reform of tax system
via Reuters
30 June, 2016 by The TZ Newswire Staff Comments Off on What’s The Car Preference Of Millennials? Bentley – Of Course
What’s The Car Preference Of Millennials? Bentley – Of Course
As many millennials have resorted to living with their parents in order to save on expenses, it turns out that “the other half” are out driving luxury cars.
30 June, 2016 by The TZ Newswire Staff Comments Off on China’s official June manufacturing PMI at 4-month low
China’s official June manufacturing PMI at 4-month low
Chinese factories, once lauded as the country’s primary growth driver, saw activity tick down in June, according to official data.
30 June, 2016 by The TZ Newswire Staff Comments Off on Inside Under Armour’s New "Lighthouse" Innovation Center
Inside Under Armour’s New "Lighthouse" Innovation Center
Image source: Under Armour
30 June, 2016 by The TZ Newswire Staff Comments Off on China official manufacturing PMI for June: 50.0 (expected 50.0)
China official manufacturing PMI for June: 50.0 (expected 50.0)
China Manufacturing PMI 50.0
– expected 50.0, prior 50.1
Non-manufacturing PMI, 53.7
– prior 53.1
Services PMI improving, manufacturing PMI not improving for June. Its been tough times for the Chinese economy despite the extra stimulus measures. H2 is expected to be better () though Brexit is a dark cloud of uncertainty over the global economic outlook. We’ll see.