4 July, 2016 by The TZ Newswire Staff Comments Off on Market Extra: Silver crushes even gold as it powers to 2-year high
Market Extra: Silver crushes even gold as it powers to 2-year high
Silver futures aren’t taking it easy during the Independence Day holiday.
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4 July, 2016 by The TZ Newswire Staff Comments Off on Italian Banks Tumble, Monte Paschi Plunges To Record Low After ECB Letter
Italian Banks Tumble, Monte Paschi Plunges To Record Low After ECB Letter
The pain for Europe’s banks, and especially those in Italy, continues this morning following the latest news surrounding the Italian bank sector.
As a reminder, the Euro Stoxx Banks index was down -0.88% last week and is nearly 19% down from its pre-referendum levels. Italian Banks are at the heart of that weakness with the likes of Unicredit, Intesa, Banco Monte dei Paschi and UBI down -9.78%, -3.44%, -15.79% and -6.11% respectively last week, in the process sending Italian stocks to levels not seen since Draghi’s famous “whatever it takes” speech.
4 July, 2016 by The TZ Newswire Staff Comments Off on French economic minister gets his knickers in a twist over UK Osborne’s tax moves
French economic minister gets his knickers in a twist over UK Osborne’s tax moves
Reuters picking up a comment from Emmanuel Macron
Thanks for that.
Over the weekend he was waxing lyrical about how Brexit has given France an opportunity to win new business. With corp taxes at 33% in France, compared to 20% in the UK, it looks like Osborne’s plans to lower them further has put Macrons nose out of joint.
4 July, 2016 by The TZ Newswire Staff Comments Off on This gauge just staged the biggest reversal in its nearly 30-year history
This gauge just staged the biggest reversal in its nearly 30-year history
The volatility index has just seen the biggest one-week decrease in its history.
4 July, 2016 by The TZ Newswire Staff Comments Off on Central Banks to the Rescue; Most Shorted Stocks Have Biggest Rally in Six Years; Everyone a Winner
Central Banks to the Rescue; Most Shorted Stocks Have Biggest Rally in Six Years; Everyone a Winner
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4 July, 2016 by The TZ Newswire Staff Comments Off on That Was Quick
That Was Quick
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4 July, 2016 by The TZ Newswire Staff Comments Off on What Would a Hillary Clinton Indictment do to the Market?
What Would a Hillary Clinton Indictment do to the Market?
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