2 August, 2016 by The TZ Newswire Staff Comments Off on Stock Markets at the Tipping Point
Stock Markets at the Tipping Point
Could US stocks be ready for an intermediate decline? Evidence indicates a drop may be imminent.
2 August, 2016 by The TZ Newswire Staff Comments Off on June 2016 Eurozone PPI 0.7% vs 0.4% exp m/m
June 2016 Eurozone PPI 0.7% vs 0.4% exp m/m
Highlights of the June 2016 Eurozone PPI data report 2 August 2016
The drag from energy prices is losing its grip. it was up 2.4% in June and that’s far away from the -3.6% seen at the start of the year. Year on year it was -8.7% vs -10.8% prior.
2 August, 2016 by The TZ Newswire Staff Comments Off on FXTM Looks to Grow Client Base in South African Following FSB License
FXTM Looks to Grow Client Base in South African Following FSB License
FXTM will look to expand its client base in South Africa after it acquired a license from the FSB.
2 August, 2016 by The TZ Newswire Staff Comments Off on July 2016 UK Markit CIPS construction PMI 45.9 vs 43.8 exp
July 2016 UK Markit CIPS construction PMI 45.9 vs 43.8 exp
Details from the July 2016 UK Markit CIPS construction PMI data report 2 August 2016
The expectations were very low and I’m not surprised to see it come in higher. This was the first sector that collapsed after the vote and given the doom and gloom surrounding all data points, only losing another tick on last month is almost good news.
2 August, 2016 by The TZ Newswire Staff Comments Off on Multiple Central Bank Rate Cuts Expected as UK Recession Looms
Multiple Central Bank Rate Cuts Expected as UK Recession Looms
The central banks of Australia, England and New Zealand are widely expected to cut their benchmark interest rates.
2 August, 2016 by The TZ Newswire Staff Comments Off on London Markets: FTSE 100 falls as oil prices stay mired in bear territory
London Markets: FTSE 100 falls as oil prices stay mired in bear territory
Stocks in the U.K.
2 August, 2016 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda says ending deflation is a goal shared with the government
BOJ’s Kuroda says ending deflation is a goal shared with the government
It’s the turn of Mr K to step up after his chat with Aso 2 Aug 2016
– boost from stimulus package is very large
– current easing package lowers the yield curve
Meanwhile USDJPY 101.56 after a quick dip below 101.50. Yen demand still capping core pairs