28 July, 2016 by The TZ Newswire Staff Comments Off on Kuroda says BOJ didn’t feel any government pressure before today’s decision
Kuroda says BOJ didn’t feel any government pressure before today’s decision
Bank of Japan governor’s press conference moves in Q&A mode 29 July
Methinks he means there was pressure but they ignored it anyhow.
28 July, 2016 by The TZ Newswire Staff Comments Off on Switzerland KOF leading indicator July 102.7 vs 101.4 exp
Switzerland KOF leading indicator July 102.7 vs 101.4 exp
Switzerland KOF July leading indicator
– 102.6 prev revised up from 102.4
Not a price changer. USDCHF 0.9779 EURCHF 1.0852 with no sign of the SNB in this dip as yet.
28 July, 2016 by The TZ Newswire Staff Comments Off on Spain CPI July flash mm -0.7% vs -0.9% exp
Spain CPI July flash mm -0.7% vs -0.9% exp
Spain CPI July flash report 29 July 2016
– +0.5% prev
– yy -0.6% vs -0.5% exp vs -0.8% prev
– HICP mm -1.3% vs -1.5% exp vs +0.4% prev
Also out flash:
Q2 GDP
28 July, 2016 by The TZ Newswire Staff Comments Off on $9.3B NetSuite Buy A Sign Of The Times For Cloud Accounting
$9.3B NetSuite Buy A Sign Of The Times For Cloud Accounting
Cloud accounting and ERP services are having a big moment in the M&A space.
Rumors have flown about consolidation in the space, especially as a competition between SAP, Oracle, IBM, Microsoft, Salesforce and NetSuite heats up and talk of takeovers keeps everyone on edge.
28 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: UBS profit falls as clients turn cautious after Brexit vote
The Wall Street Journal: UBS profit falls as clients turn cautious after Brexit vote
UBS posted a reduced second-quarter profit that nonetheless topped expectations, as the Swiss bank cut expenses.
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28 July, 2016 by The TZ Newswire Staff Comments Off on Russia And China Will Hold Joint Naval Drills In Contested South China Sea
Russia And China Will Hold Joint Naval Drills In Contested South China Sea
When on July 12 we described the symbolic, if utterly meaningless ruling by the Hague’s Permanent Court of Arbitration on July 12, according to which China had no legal claim on most of the South China Sea (obviously, a ruling that China said repeatedly both before and after it would ignore), we said that “Ironically, in attempting to stem China’s territorial expansions in the region, the tribunal will likely just provoke Beijing even more.”
28 July, 2016 by The TZ Newswire Staff Comments Off on More from Kurdoda: Wrong to think BOJ placing less importance on QE
More from Kurdoda: Wrong to think BOJ placing less importance on QE
Bank of Japan governor’s press conference in full flow 29 July
– it’s not appropriate to take incremental policy steps
– effect of neg rates on real economy will become more clear from now
USDJPY 103.34 glazing over a little on the lack of any real news bombs here.