31 July, 2016 by The TZ Newswire Staff Comments Off on Iran’s Zanganeh says oil market over-supplied but balance is expected
Iran’s Zanganeh says oil market over-supplied but balance is expected
Iran’s oil minister Zanganeh speaking on state tv. Reuters reporting 1 Aug
– oversupplied but balance between demand and supply is expected
No further detail so we’re left guessing on time frame. No time soon methinks.
31 July, 2016 by The TZ Newswire Staff Comments Off on Eurostoxx 50 futures up +1.3% in early European trading
Eurostoxx 50 futures up +1.3% in early European trading
Positive tones as we wait on the official opening 1 Aug 2016
– DAX futures +1.1%
– FTSE +0.5%
Bund futures up 3 at 167.84
31 July, 2016 by The TZ Newswire Staff Comments Off on Nikkei 225 closes up +0.40% at 16,635.77
Nikkei 225 closes up +0.40% at 16,635.77
Positive tones at the close after an early wobble 1 Aug 2016
– +86.50
– open 16415.31
– high 16677.49
– low 16319.15
– USDJPY 102.42 going nowhere fast for the moment
31 July, 2016 by The TZ Newswire Staff Comments Off on Is Europe Doomed By Vassalage To Washington?
Is Europe Doomed By Vassalage To Washington?
Authored by Paul Craig Roberts,
“One Ring to rule them all . . . and in the darkness bind them.”
J.R.R. Tolkien, The Lord of the Rings
World War II resulted in Europe being conquered, not by Berlin but by Washington.
31 July, 2016 by The TZ Newswire Staff Comments Off on Emerging Markets Preview: Global Liquidity Backdrop Favorable
Emerging Markets Preview: Global Liquidity Backdrop Favorable
31 July, 2016 by The TZ Newswire Staff Comments Off on "Mr Yen" Sakakibara says Abe stimulus plan won’t have a major impact
"Mr Yen" Sakakibara says Abe stimulus plan won’t have a major impact
Former deputy finance minister Eisuke Sakakibara speaking to Bloomberg 1 Aug
– Abe’s fiscal stimulus plan already priced in
– USDJPY will slowly move to 100
Repeating his view on USDJPY from
31 July, 2016 by The TZ Newswire Staff Comments Off on Futures Movers: Crude prices up slightly; persistent glut remains in focus
Futures Movers: Crude prices up slightly; persistent glut remains in focus
August kicks off with choppy trade for oil prices as investors continue to eye a persistent crude glut.
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