31 July, 2016 by The TZ Newswire Staff Comments Off on Yuan Strengthens Most Since 2010 As China Manufacturing Spikes To 17-Month Highs AND Tumbles To 7-Month Lows
Yuan Strengthens Most Since 2010 As China Manufacturing Spikes To 17-Month Highs AND Tumbles To 7-Month Lows
In a miracle of modern goal-seeking, China’s Manufacturing PMI clung to within an inch of ‘stable’ 50 level for the 20th month (actually missing expectations of 50.0, printing 49.9) But while manufacturing is its lowest since Feb, the non-manufacturing PMI jumped to 53.9 – its highest since Dec 15. Even better, just 45 monutes after this data, Caixin released their manufacturing PMI data which smahed expectations, surging to 50.6 – its highest since Feb 2015.
31 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Don’t rule out interest-rate hike this year, Fed’s Dudley says
The Wall Street Journal: Don’t rule out interest-rate hike this year, Fed’s Dudley says
Federal Reserve Bank of New York President William Dudley argued for continued caution over the path of U.S.
31 July, 2016 by The TZ Newswire Staff Comments Off on What If?
What If?
31 July, 2016 by The TZ Newswire Staff Comments Off on 7-Point Checklist for Investing in High-Yield Dividend Stocks
7-Point Checklist for Investing in High-Yield Dividend Stocks
Image source: Getty Images.
High-yield dividend stocks, which I’ll define as those yielding more than 4%, can be the perfect investments for generating income in your stock portfolio. They yield more than most bonds, they have the potential for capital appreciation, and their payouts can rise substantially over time. However, as with any other type of stock, there are some high-yield stocks you should avoid at all costs.
31 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Another major, another first-time winner: Jimmy Walker takes PGA Championship
The Wall Street Journal: Another major, another first-time winner: Jimmy Walker takes PGA Championship
Walker beats defending champ Jason Day by 1 stroke
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31 July, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.6277 (vs. Friday at 6.6511)
PBOC sets USD/CNY mid-point today at 6.6277 (vs. Friday at 6.6511)
PBOC inject 120bn yuan through 7-day reverse repos in open market operations (OMOs) today
– A big revaluation for the CNY today
– The biggest jump for it since June the 23rd
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31 July, 2016 by The TZ Newswire Staff Comments Off on Dollar nurses losses after hit from downbeat GDP report
Dollar nurses losses after hit from downbeat GDP report
The dollar on Monday pulled away from lows following disappointing U.S. growth figures while the yen pared some its large gains.