25 July, 2016 by The TZ Newswire Staff Comments Off on Data coming up in this session 26 July
Data coming up in this session 26 July
Your economic data/event calendar for today 26 July
A busy little start to the session.
No data of note from Europe today but that’s not going to stop us seeing some degree of action given that markets are dancing on hot coals right now.
25 July, 2016 by The TZ Newswire Staff Comments Off on Currencies: Yen surges against dollar, other rivals as Japan stimulus plan falls short
Currencies: Yen surges against dollar, other rivals as Japan stimulus plan falls short
The dollar fell sharply against the yen on sentiment from Tokyo-based traders and dealers that the so-called “pure water” portion of the stimulus, or central and local government spending, will actually fall short of investors expectations.
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25 July, 2016 by The TZ Newswire Staff Comments Off on AUD and NZD both rally sharply despite yen demand
AUD and NZD both rally sharply despite yen demand
We’re seeing a strong surge in AUDUSD and NZDJPY 26 July 2015
Looks like traders may have been short and caught on these two ccys. Ordinarily the yen demand/Aso comments would have knocked them lower through the JPY crosses but lack of further downside momentum appears to have triggered a run for cover.
25 July, 2016 by The TZ Newswire Staff Comments Off on Nomura: This region would be hurt most by a President Trump
Nomura: This region would be hurt most by a President Trump
A potential President Donald Trump would be almost as painful for Asia as for his usual whipping boy, Mexico, Nomura has warned.
25 July, 2016 by The TZ Newswire Staff Comments Off on BOE’s Weale says policy action in August unlikely to boost economy before next year
BOE’s Weale says policy action in August unlikely to boost economy before next year
Reuters now running the earlier FT interview with MPC member Weale 26 July
Just a heads up in case the algos pick up on the headlines but little reaction so far
25 July, 2016 by The TZ Newswire Staff Comments Off on Live: Global oil glut worries dampen market sentiment
Live: Global oil glut worries dampen market sentiment
Our live blog is tracking reactions as a fall in oil prices and a cautious tone ahead of central bank meetings this week weighed on markets.
25 July, 2016 by The TZ Newswire Staff Comments Off on Japan’s Aso says they have yet to decide on size of economic stimulus package
Japan’s Aso says they have yet to decide on size of economic stimulus package
Japanese finance minster speaking in Tokyo
a few moments ago 26 July
– gvot leaves actual policy measures in hands of BOJ
– hope BOJ will continue utmost efforts toward price target
USDJPY dumped again and continues its slide as the comments suggest less stimulus than some might have thought. Currently 104.42