4 July, 2016 by The TZ Newswire Staff Comments Off on ETF Securities Reports Biggest One-Day Gold Inflow Since Financial Crisis
ETF Securities Reports Biggest One-Day Gold Inflow Since Financial Crisis
It never ceases to amaze how vastly different the investment styles of gold paper vs physical traders are: while we have documented previously how the latter tend to buy progressively more the lower the price (as traditional “buy low, buy more lower” investing would suggest), “investors” in gold paper-derivatives such as ETFs and ETPs are quite the opposite: in fact, they rarely buy until someone else is buying and generating momentum.
4 July, 2016 by The TZ Newswire Staff Comments Off on Greek fin min says the country will hit 0.5% of GDP budget surplus this year
Greek fin min says the country will hit 0.5% of GDP budget surplus this year
Gimme a sec while I carefully spell out the Greek finance minister’s name
OK, here goes…
Greek Finance Minister Tsakalotos, speaking in an interview:
– We’ll hit 0.5% of GDP budget surplus in 2016
Headlines via Bloomberg
4 July, 2016 by The TZ Newswire Staff Comments Off on Victory Nickel Sells Non-Core Asset
Victory Nickel Sells Non-Core Asset
4 July, 2016 by The TZ Newswire Staff Comments Off on Economic data due from Asia today, and the Reserve Bank of Australia
Economic data due from Asia today, and the Reserve Bank of Australia
Liquidity is a wee bit thin coming off the US holiday, but it’ll improve as Tokyo and then Singapore & Hong Kong come on line
Here’s the day’s economic data events:
4 July, 2016 by The TZ Newswire Staff Comments Off on Top Gear’s Chris Evans quits
Top Gear’s Chris Evans quits
After hosting the BBC’s long-running show for just one series, Chris Evans announced his resignation.
4 July, 2016 by The TZ Newswire Staff Comments Off on A Trillion Dollar Renewable Energy Market Might Have Just Opened Up in North America
A Trillion Dollar Renewable Energy Market Might Have Just Opened Up in North America
4 July, 2016 by The TZ Newswire Staff Comments Off on EUR/USD eyes Friday high
EUR/USD eyes Friday high
EUR/USD nearing an area of resistance
Keep an eye on the euro in the hours ahead. After a dip in Europe, it’s been slowly battling higher. The 1.1170 is the first area of resistance. It marks Friday’s high and the 50% retracement of the Brexit drop.