31 July, 2016 by The TZ Newswire Staff Comments Off on Fed’s Dudley: Should be cautious in raising rates, flatter path appropriate
Fed’s Dudley: Should be cautious in raising rates, flatter path appropriate
William Dudley, president & chief executive officer of the Federal Reserve Bank of New York
Speaking in Bali (nice!) at a joint seminar run by the Indonesian and US central banks, subject matter is ‘Managing Stability and Growth under economic and monetary divergence
31 July, 2016 by The TZ Newswire Staff Comments Off on Goldman Sachs Finally Says to Sell Stocks
Goldman Sachs Finally Says to Sell Stocks
From ZeroHedge: Goldman Sachs has finally taken the step to make a sell call, despite their ongoing bearishness proving wrong. Are they finally right now?
31 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Kidnapped mother-in-law of Formula One chief found safe in Brazil
The Wall Street Journal: Kidnapped mother-in-law of Formula One chief found safe in Brazil
The kidnapped mother-in-law of billionaire Formula One chief executive Bernie Ecclestone was found unharmed Sunday by São Paulo police, after she had been missing for more than a week.
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31 July, 2016 by The TZ Newswire Staff Comments Off on America’s Recent Achievements In The Middle East
America’s Recent Achievements In The Middle East
Authored by Eric Zuesse,
Here are before-and-after pictures of what the U.S. government has achieved, in the Middle East:
31 July, 2016 by The TZ Newswire Staff Comments Off on China official manufacturing PMI slips into contraction territory in July
China official manufacturing PMI slips into contraction territory in July
Manufacturing activity in China ticked lower in July, according to an official survey released on Monday.
31 July, 2016 by The TZ Newswire Staff Comments Off on The Margin: Wildfire cripples tourism in California’s scenic Big Sur
The Margin: Wildfire cripples tourism in California’s scenic Big Sur
A fast-moving wildfire is having a crushing effect on tourism in Big Sur, an area of central California that is famed for having among the most scenic coastlines in the country.
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31 July, 2016 by The TZ Newswire Staff Comments Off on Australia – private inflation gauge (July): -0.3% m/m (prior 0.6%) and 1.0% y/y (prior 1.5%)
Australia – private inflation gauge (July): -0.3% m/m (prior 0.6%) and 1.0% y/y (prior 1.5%)
Melbourne Institute Inflation
The Institute also produce its own ‘trimmed mean’ (the official trimmed mean is the RBA’s preferred inflation measure):
– Flat (unchanged) on the m/m and +1.4% y/y