1 August, 2016 by The TZ Newswire Staff Comments Off on Nikkei 225 closes down -1.47% at 16,391.45
Nikkei 225 closes down -1.47% at 16,391.45
A soggy afternoon session as Abe keeps markets in cautious mode
– -244.32
– open 16469.68
– high 16541.88
– low 16391.45
– USDJPY 102.18 chewing through 102.20 bids as Nikkei closes on its lows
1 August, 2016 by The TZ Newswire Staff Comments Off on Reserve Bank of Australia cuts rates to fresh record low of 1.50 percent
Reserve Bank of Australia cuts rates to fresh record low of 1.50 percent
The RBA cut interest rates by 25 basis points on Tuesday to a fresh record low of 1.50 percent amid signs of slowing economic growth.
1 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Reserve Bank of Australia cuts cash rate to record low of 1.5%
The Wall Street Journal: Reserve Bank of Australia cuts cash rate to record low of 1.5%
The Australia interest rate cut was expected, with financial markets pricing in a roughly 66% chance of a cut before the decision.
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1 August, 2016 by The TZ Newswire Staff Comments Off on Japan consumer confidence July 41.3 vs 42.0 exp
Japan consumer confidence July 41.3 vs 42.0 exp
Japan July consumer confidence report 2 Aug 2016
– 41.8 prev
Data out a few moments ago but just one for general filing
All eyes on Abe.
1 August, 2016 by The TZ Newswire Staff Comments Off on Italian banks are good—despite problems at BMPS: Renzi
Italian banks are good—despite problems at BMPS: Renzi
‘If now, without NPLs, with a clear strategy, I think this bank could be a very good bank for the future.’
1 August, 2016 by The TZ Newswire Staff Comments Off on Japan’s Aso and Kuroda to meet later today
Japan’s Aso and Kuroda to meet later today
News just out from the Nikkei news agency 2 Aug 2016
– fin min Aso and BOJ gov Kuroda to meet today to confirm co-operation over policy
No further deets at this stage.
1 August, 2016 by The TZ Newswire Staff Comments Off on Data coming up in this session 2 August
Data coming up in this session 2 August
Your economic data/events calendar for today 2 Aug
Greetings one and all
RBA cut rates as widely expected/touted and we now wait on Abe and the deets of his fiscal stimulus package.