2 August, 2016 by The TZ Newswire Staff Comments Off on The Margin: Meg Whitman backs Hillary Clinton, calls Trump a ‘demagogue’
The Margin: Meg Whitman backs Hillary Clinton, calls Trump a ‘demagogue’
Meg Whitman, the CEO of Hewlett Packard Enterprise and one of Silicon Valley’s most prominent Republicans, endorsed Democrat Hillary Clinton for president Tuesday night in a stunning rebuke to GOP nominee Donald Trump.
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2 August, 2016 by The TZ Newswire Staff Comments Off on USD/JPY drops sharpish (errr … about that Wrap)
USD/JPY drops sharpish (errr … about that Wrap)
No sooner than the ink was dry on this:
ForexLive Asia FX news wrap: Yen falls a little
Than its reversed, sharpish:
Looks like I offended the gods of FX .-D
2 August, 2016 by The TZ Newswire Staff Comments Off on ForexLive Asia FX news wrap: Yen falls a little
ForexLive Asia FX news wrap: Yen falls a little
Forex news for Asia trading Wednesday 3 August 20
USD/JPY gained steadily for much of the session, without much in the way of news. PM Abe has reshuffled his cabinet; he is expected to have brought in Kozo Yamamoto as a minister. Yamamoto is a staunch advocate of Abenomics, to the extent he has in the past advocated the BOJ underwrite government debt and setting the 2% inflation target into law. This may have been a factor in the yen selling today or maybe not.
2 August, 2016 by The TZ Newswire Staff Comments Off on Bank of England meeting Thursday; "Look for a 25bp rate cut & £50bn of QE"
Bank of England meeting Thursday; "Look for a 25bp rate cut & £50bn of QE"
Bank of America Merrill Lynch preview on the BoE,
via eFX
The UK soft data looks bad (Chart of the Day): the economy has taken a
big hit and may be in contraction. Rate setters will have to cut their
growth forecasts heavily in the 4 August Quarterly Inflation Report and
highlight the downside risks, though we do not expect them to forecast
recession (just).
2 August, 2016 by The TZ Newswire Staff Comments Off on Report: Fintech Can Empower the Underbanked & Enable Financial Inclusion
Report: Fintech Can Empower the Underbanked & Enable Financial Inclusion
PwC is out with a report on the fast emerging global Fintech sector. Financial Technology or Fintech is picking up velocity as regulators and government bodies are just beginning to grasp how new forms of finance are going to alter the financial landscape. The document… Read More
2 August, 2016 by The TZ Newswire Staff Comments Off on Fitbit suggests holiday offerings will not be brand-new devices
Fitbit suggests holiday offerings will not be brand-new devices
Ahead of a holiday season that will be important for Fitbit Inc.
2 August, 2016 by The TZ Newswire Staff Comments Off on Asia Markets: Falling oil, rising yen drag down Asian markets
Asia Markets: Falling oil, rising yen drag down Asian markets
Asian stock markets fell Wednesday as U.S.