26 July, 2016 by The TZ Newswire Staff Comments Off on China June Industrial profits 5.1% y/y (prior 3.7%)
China June Industrial profits 5.1% y/y (prior 3.7%)
Aussie CPI data out simultaneously
Reuters take on the data:
– Quickening from May and suggesting a government spending spree is helping steady the economy
– Profits in the mining sector fell 83.6 percent in the first half from a year earlier, the National Bureau of Statistics (NBS) said
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26 July, 2016 by The TZ Newswire Staff Comments Off on Australia Q2 CPI, headline 0.4% q/q (expected 0.4%)
Australia Q2 CPI, headline 0.4% q/q (expected 0.4%)
Trimmed mean 0.5% q/q (0.4% expected) … UP GOES THE AUD ON THIS HIGHER NUMBER
(The trimmed mean is the measure the RBA pays most heed to, it is the ‘core’ inflation figure where the RBA target band is 2 – 3%)
26 July, 2016 by The TZ Newswire Staff Comments Off on Investors yanked out a net $20.7 billion from hedge funds in June
Investors yanked out a net $20.7 billion from hedge funds in June
Global hedge funds suffered net outflows of $20.7 billion in June, as investors pulled out despite improved performance, the FT reports.
26 July, 2016 by The TZ Newswire Staff Comments Off on Stupid ad watch
Stupid ad watch
Look what has popped up on my screen!
OMG! Here is the crash so far this year:
LOL
Still, 5 months to go!
And, maybe the will kick the crash off!
CPI today
Or maybe the doomtards will be wrong.
26 July, 2016 by The TZ Newswire Staff Comments Off on Nasdaq 100 Catching Up to All-Time Highs – What Could This Mean for Market?
Nasdaq 100 Catching Up to All-Time Highs – What Could This Mean for Market?
The Nasdaq 100 has been running toward its all-time highs while the S&P 500 already surpassed its all-time high a few weeks ago. The SPX has been consolidating sideways and rounding ever since the breakout; whereas, the NDX continued to stretch upward. It’s visible more clearly when comparing the thumbnails of the NDX and SPX.
26 July, 2016 by The TZ Newswire Staff Comments Off on PBOC sets yuan reference rate for today at 6.6671(vs. yesterday at 6.6778)
PBOC sets yuan reference rate for today at 6.6671(vs. yesterday at 6.6778)
180bn yuan injected via 7-day reverse repos
Yuan strength from the People’s Bank of China again today
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Also, some news about that there are plans to raise deposit requirements for those buying second homes in China